Lydia Chapman is the first woman to reach the rank of captain in the Camden Fire Dept. ‘s 147-year history. A federal judge has rejected a proposed settlement of a lawsuit alleging former Camden City police officers were denied overtime pay. …
MillerCoors LLC won the dismissal of a proposed class action lawsuit by a self-described beer aficionado who said the brewing giant tricked consumers into paying premium prices for Blue Moon by falsely portraying it as “craft beer.” U.S. District Judge Gonzalo Curiel in San Diego said the plaintiff, Evan Parent, did not show MillerCoors affirmatively misrepresented the origins of Blue Moon, a …
The class plaintiffs, the government and VW filed a proposed settlement agreement in court yesterday. I wanted to provide you with a copy of the proposed settlement agreement which is linked below. What follows is a quick overview of the settlement.
Talmer entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Chemical on January 25, 2016. The Merger Agreement in the “Proposed Acquisition” stated that Chemical would obtain Talmer by buying all of its remaining shares at a $0.4725 per share of Chemical common stock and $1.61 in per share of Talmer common …
Banks keep saying over and over that arbitration proceedings, as opposed to class-action lawsuits, are the best way for consumers to handle disputes. Yet faced with the prospect of no longer being able to deny consumers the right to sue them, the banking industry is expected to take the deliciously ironic step of suing the federal government. At issue is a proposed rule from the Consumer …
Fears are growing that the U.S. could face retaliation over a proposed bill to allow loved ones of victims of the Sept. 11, 2001, terrorist attacks to sue Saudi Arabia. News reports in Saudi media claim that it could “open the gates of hell,” by encouraging other countries to sue the U.S. in turn, for its own war crimes. Okaz, a daily newspaper wrote an article titled “Congress’s Satanic Deed …
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 …
District Judge Irene Berger has certified a lawsuit as a class action that alleges miners were unlawfully laid off in 2013. “The Court has reviewed the Plaintiff’s Motion to Revise Class Definition and to Reconsider Class Certification (Document 36), the Memorandum in Support of Plaintiff’s Motion to Revise Class Definition and to Reconsider Class Certification (Document 37), and the …
The Consumer Financial Protection Bureau (CFPB) has unveiled a proposed new rule on binding arbitration, those clauses usually buried in the fine print of your credit card agreement that say you can’t sue your bank. You have to go to arbitration instead. The CFPB proposal would let consumers band together to sue in class action lawsuits.
As we reported last year, in October 2015 the Consumer Financial Protection Bureau published an outline of proposals that would limit the use of arbitration provisions in contracts for consumer financial products. On May 5, 2016, the CFPB followed up by releasing a proposed rule that would ban consumer financial services providers such as banks, credit card issuers, and small-dollar lenders …