Pay

A Rare Class-Action Victory Over Wells Fargo’s Fake Accounts Proves Binding Arbitration Sucks

Wells Fargo got caught ripping off millions of customers by setting up fake accounts in their names, then billing them for “services” related to those accounts, sometimes tanking their credit-ratings, costing them jobs, even their houses — but the company says you’re not allowed to sue them because their employees fraudulently signed your name to a “binding arbitration” agreement that forces …


Wells Fargo Agrees to $110m Class Action Settlement After Fake Account Fallout

In a deal announced on Tuesday, the San Francisco-based lender has agreed to pay out $110m to settle numerous class-action lawsuits across the United States. The lawsuits stem from revelations last year that Wells Fargo employees had opened up to 2 million unauthorised deposit and credit accounts in customers’ names in order to boost their own pay and, as alleged by some, fee income …


Pinellas County Must Pay $163,800 in Federal Kickback Lawsuit

The government authority that oversees ambulance service in Pinellas County has agreed to pay $163,800 to settle its part of a lawsuit that claims it took kickbacks. The federal whistle-blower lawsuit alleges Pinellas County’s Emergency Medical Services Authority received improper payments from the Paramedics Plus, the parent company of Sunstar Paramedics, in return …


Alabama Town Agrees in Settlement to Stop Operating Debtors’ Prison

The settlement has been preliminarily approved by the U.S. District Court in Montgomery. The court will hold a final hearing in August to decide whether to formally approve the agreement. In a town where almost 30 percent of the population lives below the poverty line, at least 190 impoverished people were jailed for nonpayment within a two-year period.


Alabama City Accused of Jailing Poor People Reaches Legal Settlement

An Alabama city reached a legal settlement with the Southern Poverty Law Center Tuesday to end a class action lawsuit that accused it, and its chief of police, of illegally jailing people too poor to pay fines resulting from traffic and misdemeanor offences. The City of Alexander and Chief of Police Willie Robinson were accused of jailing at least 190 impoverished people over a two-year period, …


Abestos Lawsuit Claimants Voice Frustration Over Settlements

After the recent announcement that Cascade County District Court Judge John Kutzman approved the $24 million settlement for 1,000 amphibole asbestos victims in the area, claimants from that settlement and past settlements have voiced how little comfort the money gives them. …


Goldman Sachs, JP Morgan and Citigroup Settle Forex Class Action

Goldman Sachs, JP Morgan and Citigroup have agreed to pay $39.25 million to settle a Canadian currency market manipulation class action. The settlements, if approved by a court, will remove those banks from a $1-billion class action that alleges several large financial institutions conspired to rig foreign exchange markets using electronic chat rooms with names such as “The Cartel,” “The …


Penske to Pay Drivers $750k to Settle Prominent Lawsuit Over California-Required Breaks

Penske has agreed to pay 344 drivers $15,000 each to settle the case. Two and a half years after the case produced a landmark court decision, Penske Logistics has agreed to pay $750,000 to settle a class action lawsuit challenging its alleged denial of state-required breaks for its drivers. Penske will pay 344 current and former drivers to settle the now 8-year-old case, according to a …


Lawsuit Accuses Drug Makers of Conspiring to Hike Insulin Prices

More than 29 million Americans live with diabetes, and for some six million of them, insulin is a life or death medication. Between 2002 and 2013, the price of insulin more than tripled, to more than $700 per patient. A federal lawsuit accuses the three insulin manufacturers of conspiring to raise their prices.


State’s Supreme Court Allows 80,000-Driver Lawsuit Against Swift to Proceed

Truckers’ 2004 lawsuit against Swift Transportation can proceed after the Arizona Supreme Court refused to decertify the class action lawsuit, allowing the 80,000-member class to pursue allegations over mileage pay. On Jan. 10, the court refused the truckload carrier’s request to review a 2016 appellate court order. In 2015, the state superior court decertified the class, but the appeals court …