As “digital disruption” changes the way we consume information, especially news, a top lawyer has called for new and novel ways to contact shareholders and consumer of products who might have a windfall from a class action. Barrister Michael Lee, SC, who’s run a host of major class actions on behalf of shareholders and consumers, said the traditional way of notifying investors about a class …
Days before his inauguration, President Donald Trump agreed to a $25 million settlement for the class action lawsuits he faced over Trump University. While he didn’t admit wrongdoing, Trump agreed to the deal to put the matter behind him before taking office. Now, however, one former Trump U student may put the kibosh on the whole deal.
The Washington Legal Foundation is among those groups calling on a federal appeals court to overturn a lower court’s decision that, they argue, would undermine class-wide settlements by permitting plaintiff states to file copycat lawsuits despite benefiting from a settlement. The D.C.-based public interest law firm, which regularly advocates against excessive …
The U.S. Court of Appeals for the 9th Circuit has found that Uber’s arbitration agreements with its drivers are legal and binding. The decision partially reversed and partially affirmed a decision made in federal district court. “The panel held that the district court erred in assuming the authority to decide whether the parties’ arbitration agreements were enforceable,” the court …
UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY In re: OCEAN POWER TECHNOLOGIES, Case No. 14-3799 (FLW) (LHG) INC. SECURITIES LITIGATION TO: ALL PERSONS OR ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED OCEAN POWER TECHNOLOGIES, INC. (“OPT”) SECURITIES BETWEEN JANUARY 14, 2014 AND JULY 29, 2014, INCLUSIVE, AND/OR PURCHASED OR OTHERWISE ACQUIRED OPT SECURITIES PURSUANT TO AND/OR TRACEABLE TO …
Today, the Competitive Enterprise Institute’s Center for Class Action Fairness (CCAF) filed a cert petition before the U.S. Supreme Court asking for review of a class action lawsuit settlement in Schulman v. LexisNexis, et al. CCAF argued previously at a lower court that the settlement was unfair to the class and that the class attorneys were seeking excessive fees. Today’s petition for …
In Jinnaras v. Alfant, decided on May 5, 2015, the New York Court of Appeals rejected a proposed settlement of a shareholder class action, where the proposed settlement would have deprived out-of-state class members of a “cognizable property interest” by failing to provide a mechanism for class members residing outside of New York to opt out of the settlement. The Jinnaras …
Another major non-profit agency has opted-out of a multi-million dollar class action lawsuit filed against the City of Windsor and Town of Tecumseh. Officials with Brentwood Recovery Home made the decision Tuesday night. Both municipalities launched a campaign urging charities to opt out of the lawsuit, one the city says will cost tax payers an estimated $70-million.
A who’s who of area charities – 855 of them – are named as plaintiffs in the $80-million bingo class-action lawsuit against Windsor and Tecumseh. It’s a list of every single group that ever took out a bingo licence over two decades. Some — like the group Friends of Chris Lori, the former bobsled driver who hasn’t competed since the late 1990s — don’t even exist anymore.