It was a music lover’s dream come true last week when popular event ticket distributor Ticketmaster shelled out thousands of discounts and vouchers for free concert tickets. Far from a generous giveaway, the …
Merchants score victory over Visa and MasterCard as court tosses $7.25bn interchange settlement In a win for merchants, a US federal appeals court has killed off a $7.25 billion class action settlement over interchange fees between millions of retailers and Visa and MasterCard. The huge settlement over claims that the card schemes had improperly fixed credit and debit card swipe fees was agreed …
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 …
T. Rowe Price Group and Dell have reached a settlement over the computer giant’s $25 billion buyout, a deal the Baltimore money management firm opposed but voted in favor of in an embarrassing and unusual technical mix-up. The settlement resolves a lawsuit in which T. Rowe and other investors argued that Dell founder Michael Dell undervalued the company in his bid to take it private in 2013. A …
The Rosen Law Firm, P.A. and Pomerantz LLP announce that the United States District Court for the Southern District of Florida has approved the following announcement of a proposed class action settlement that would benefit purchasers of common stock of Walter Investment Management Corp. (NYSE:WAC): …
Thousands of Arizonans who own certain so-called “clean diesel” Volkswagen and Audi vehicles are eligible for compensation from a federal class action settlement over emissions claims. The German automaker agreed to buy back or fix the “clean diesel” vehicles and give out thousands of dollars to the owners, according to Arizona Attorney General Mark Brnovich. The affected cars include 2009 …
A settlement decision on the Premier Cru class action lawsuit was reached May 16, affecting approximately 4,450 Premier Cru customers who were left without the bottles of wine they paid for before the company declared bankruptcy Jan. 8. Michael Kasolas, the Premier Cru trustee, was given responsibility for liquidating assets and determining allocations of funds after a creditorâs hearing Feb. …
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.
If you have ever purchased or have owned a Maytag, Whirpool, or Kenmore washing machine, then you may be entitled to some money. According to the agreement, a settlement was reached in several class-action lawsuits against Whirlpool and Sears over front-loading washing machines made between 2001 and 2010. The settlement states that customers claimed the front-loading washing machines …
The record $15.3 billion settlement in the Volkswagen diesel-emissions cheating scandal will affect nearly 30,000 vehicles sold in Illinois, as well as thousands of owners who went from brand loyalists to betrayed. Some owners can’t wait to sell their cars back to VW, ending a nightmare that turned their beloved and peppy “clean diesel” cars into a source of driveway shame. Others have mixed …