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ACLU: JPMorgan Chase Settles Paternal Leave Class Action

COLUMBUS, Ohio — A civil rights group says JPMorgan Chase has agreed to pay $5 million to settle a class-action lawsuit filed by male employees who say they were denied additional paid parental leave between 2011 and 2017. The settlement was announced Thursday by the American Civil Liberties Union and the national law firm Outten & Golden. Chase employee Derek Rotondo filed an equal opportunity …


Settlement Approved: Wells Fargo Customers Will Get $50 Million for Overcharged Mortgage Fees

Borrowers who had a mortgage serviced by Wells Fargo between May 6, 2005 and July 1, 2010 will soon receive their share of a $50 million settlement stemming from allegations that Wells Fargo overcharged borrowers for Broker Price Opinions during that period. The settlement, which was initially announced in October, stems from a class action lawsuit against Wells Fargo that claimed that the bank …


The Maker of the EpiPen Is Being Sued Under a Law That’s Typically Used to Take on Organized Crime

Mylan CEO Heather Bresch holds up an EpiPen while testifying on Capitol Hill in Washington, Wednesday, Sept. 21, 2016, before the House Oversight Committee hearing on EpiPen price increases. AP Christina Kollmeyer’s son has a allergy that requires him to carry an EpiPen, the emergency auto-injecting devices available that can be used to treat severe allergic reactions. When Kollmeyer, who has …


U.S. Judge to Consider Objection to Trump University Settlement

A U.S. judge will hear arguments on Thursday over whether to grant final approval to a $25 million settlement of fraud lawsuits against President Donald Trump over his Trump University real estate investment seminars, with at least one former student objecting to the deal. Sherri Simpson of Fort Lauderdale, Florida, who paid $19,000 to learn Trump’s investing …


Glancy Prongay &Amp; Murray LLP Files Securities Class Action Lawsuit Against Cemtrex, Inc.

Glancy Prongay & Murray LLP (“GPM”) announces that it has filed a class action lawsuit in the United States District Court for the Eastern District of New York on behalf of a class (the “Class”) consisting of persons and entities that acquired Cemtrex, Inc. (“Cemtrex” or the “Company”) (NASDAQ: CETX) securities between February 11, 2016 and February 22, 2017, …


Republican Proposal Would Make Trump University Lawsuits “Almost Impossible”

A lawyer who led two lawsuits against Trump University, settled for $21 million just weeks after Donald Trump’s election victory, says the suits would have been “almost impossible” to pursue under a law currently being pushed by Republicans in Congress. Helen Zeldes, a founding partner of ZHE Law, investigated and initiated one of two class-action lawsuits against Trump University, along with a …


U.S. Chamber Commends House Introduction of Fairness in Class Action Litigation Act

Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR), made the following statement today about the introduction of the “Fairness in Class Action Litigation Act of 2017” (H.R. 985) in the U.S. House of Representatives: “Class action lawsuits were created to make it easier for plaintiffs to get justice. But today, class actions are rife with …


Snapchat Paid Reggie Brown $157.5M to Settle His ‘ousted Founder’ lawsuit

Ousted Snapchat early employee Reggie Brown was paid $157.5 million in a settlement in September 2014 to close off a 2013 lawsuit he had brought against other co-founders Evan Spiegel and Bobby Murphy, alleging that they had taken his original idea and run with it, pushing him out of the company without compensation in the process. The details were made public for the first time in Snapchat’s …



Minor League Baseball Established a Political Action Committee to Fight Paying Players More

Josh Norris of Baseball America reports that Minor League Baseball has established a political action committee to continue fighting against a lawsuit brought by a group of former minor league players seeking increased wages and back pay. You may recall that, earlier this year, two members of Congress — Republican Brett Guthrie of Kentucky and Democrat Cheri Bustos of Illinois — introduced H.R. …