On March 29, 2016 the United States District Court for the Central District of California granted preliminary approval to the proposed class action settlement and authorized the sending of the Notice of Settlement to the members of the Settlement Class by mail and publication. Fairness Hearing Scheduled: The Court has scheduled a fairness hearing to occur on September 16, 2016 at 2:30 pm at the …
TO: All persons and entities who, during the period between October 30, 2013, and November 5, 2014, inclusive, purchased or otherwise acquired the publicly traded Genworth Securities (as defined below to include Genworth common stock and certain bonds) and were allegedly damaged thereby (the “Settlement Class”): PLEASE READ THIS NOTICE CAREFULLY, YOUR RIGHTS WILL BE AFFECTED BY A CLASS ACTION …
A settlement has been reached involving Eastman Kodak and some of its current and past employees over a class action lawsuit. The settlement totals $9.7 million dollars. It has to do with lawsuits following Kodak’s 2012 bankruptcy filing, involving participants in the company’s savings and investment plan for employees and the Kodak Employee Stock Ownership plan.
Property owners in Mercer County who sued Halcon Resources, a Texas based gas and oil drilling company, over failing to drill could wait longer to get their settlement. The two companies who negotiated the leases for more than 60,000 acres of land want a hold on that settlement. The companies’ attorneys …
Retired NFL players who have been waiting since August 2013 for concussion settlement proceeds will be waiting even longer. Nine former NFL players have filed yet another appeal regarding the settlement, seeking a rehearing before the full U.S. Court of Appeals for the Third Circuit regarding the recent decision of a three-judge panel to uphold agreement to provide retired players with certain …
Uber’s proposed settlement of a high-profile class-action lawsuit last week has drawn opposition from some drivers and other concerned parties as the ride-hailing service seeks to avoid reclassifying drivers as employees. The settlement, which still must be approved by a San Francisco federal judge, provides for a $100 million payout to drivers, who could get as little …
The judge who Uber Technologies Inc. is asking to approve its $100 million settlement with drivers isn’t keen on keeping key details of the accord a secret. While Uber says some of its metrics are trade secrets that should remain sealed from public view, U.S. District Judge Edward Chen said Wednesday he’s not sure he has enough information to decide whether the deal announced last week is fair. …
Uber’s recent class-action settlement includes a small proposed shift in the app’s tipping policy that could lead to changes for both drivers and passengers. On Thursday, ride-sharing service Uber announced an up to $100 million settlement for class-action lawsuits in California and Massachusetts, which cover 385,000 drivers. The proposed settlement, “recognizes that drivers should …
Uber’s recent class-action settlement includes a small proposed shift in the app’s tipping policy that could lead to changes for both drivers and passengers. On Thursday, ride-sharing service Uber announced an up to $100 million settlement for class-action lawsuits in California and Massachusetts, which cover 385,000 drivers. The proposed settlement, “recognizes that drivers should remain as …
Last week, Uber settled a class action employee misclassification suit in California and Massachusetts that, had it lost, could have forced the company to reevaluate its core business model. At the center of the case was whether drivers are indeed independent contractors, as Uber would have it, or should be classified as employees. The main distinction is that if drivers are employees, then …