Canadian Volkswagen owners are fed up with their government’s sluggish response to the Volkswagen emissions cheating scandal. VW is facing the prospect of a $15-billion settlement in U.S. federal court for selling cars that were designed to cheat on emissions tests spewing out up to 40-times more toxic emissions than advertised. But motorists say they haven’t seen any signs of life from the …
Attorney Michael Avenatti’s settlement offer to the National Football League over the case of the canceled Hall of Fame Game expired at 12:01 p.m. Friday, meaning that his team will now pursue the case as originally intended. Avenatti seeks about $700 in damages per fan that attended the canceled game – an estimated 22,000 total fans and over $15 million …
A California judge, in tossing lemons in the direction of Uber, has given the ride-hail company the most perfect excuse yet to make some lemonade. Hereâs why: Thursday, United States District Judge Edward Chen rejected Uberâs proposed class-action settlement with drivers in California and Massachusetts. The original suit sought to change the way drivers are classified, from benefitless …
A US district judge has rejected a proposed $100 million settlement in a pair of class action lawsuits filed in California and Massachusetts, saying the proposed settlement was neither fair nor adequate. “The settlement, mutually agreed by both sides, was fair and reasonable,” said Uber in a statement. “We’re disappointed in this decision and are taking a look at our options.”
A provisional $18 million court settlement is very much in the interests of residents affected by the devastating 2013 Blue Mountains bushfires, a judge has found. Winmalee resident Sean Johnston launched a NSW Supreme Court class action against Endeavour Energy, claiming it failed to …
A U.S. judge on Thursday rejected an attempt by Uber Technologies Inc to settle a class action lawsuit with drivers who claimed they were employees entitled to expenses. In a case that has been closely watched in Silicon Valley, where many companies use on-demand workers, U.S. District Judge Edward Chen in San Francisco ruled that the …
Last week, in an opinion authored by Judge Richard Posner, the U.S. Court of Appeals for the Seventh Circuit rejected a proposed class-action settlement arising from Walgreen Co.’s acquisition of the Swiss-based pharmacy company, Alliance Boots GmbH. In re Walgreen Co. Stockholder Litigation, No.
In a 2-1 decision, the Seventh Circuit has joined the Delaware Court of Chancery’s call for enhanced scrutiny of “disclosure-only” M&A settlements that involve no monetary benefits to shareholders. As previously discussed here, M&A litigation, typically alleging breach of fiduciary duty by directors and insufficient disclosures, often ends in settlement, with defendants agreeing to provide …
Five days ago, a nationwide class-action lawsuit was filed against the Hall of Fame and the NFL for the cancellation of the annual preseason game in Canton, Ohio. To date, the NFL has said nothing about it. More than a day after PFT requested comment from the league regarding the litigation and the unique settlement offer made by lawyer Michael Avenatti on Monday morning, the NFL has not …
A federal district court in California, last Wednesday, rejected the proposed settlement of a class action lawsuit against Similasan Corporation (Allen v. Similasan Corp., Case N. 12-cv-376-BAS-JLB, S.D. Cal.). Among other claims, the company was accused of engaging …