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Huntington Ingalls Latest Company Sued Over Pension Calculations

Huntington Ingalls Industries Inc. shortchanges the pensions of certain retirees by calculating their benefits using an outdated mortality table, according to a proposed class action. The military shipbuilder is at least the seventh large employer to be hit with these allegations in the past months. Similar cases are pending against American Airlines, PepsiCo Inc., MetLife, U.S. Bancorp, …


Las Vegas Concert Goers File Lawsuit Against Bump Stock Company

A group of people who attended the Route 91 Harvest Festival are suing a company that makes bump fire stocks, KLAS reports.

Police say gunman Stephen Paddock had an arsenal of weapons, including bump fire stocks, in his hotel suite when he opened fire on the music festival one week ago, killing 58 people and injuring hundreds others. Bump fire stocks are …



McCrory Drops Duplicate HB2 Lawsuit Against Feds :: WRAL.com

Gov. Pat McCrory on Friday dropped one of the state’s lawsuit with the federal government over the legality of House Bill 2, leaving untouched a separate and similar contest in a different judicial district. The now-dropped lawsuit was filed in May by McCrory and Frank Perry, secretary of the North Carolina Department of Public Safety, in the Eastern District of North Carolina …


Federal Lawsuit Filed Against Gadsden’s Municipal Court

A federal lawsuit filed last week accuses Gadsden’s municipal court judge and prosecutor of violating the constitutional rights of one woman by charging unlawful fees and preventing an open court. Alexander City attorney Eric Hutchins filed the lawsuit on behalf of Lasheta McGruder, who appeared in court on a tampering with evidence charge. According to the suit, filed Sept. 1, McGruder was …


Morgan Stanley Faces $1.5 Billion Lawsuit for Mismanagement of Employee Retirement Funds

Morgan Stanley faces $1.5 billion lawsuit for mismanagement of employee retirement funds Submitted by Valerie Rogers on Sat, 08/20/2016 – 08:32 Morgan Stanley’s 401 (k) plan participants have filed a lawsuit claiming that the financial services major mismanaged the funds. The lawsuit claims that nearly 60,000 participants in Morgan Stanley’s fund faced significant financial loss as the fund …


Bavaria to File Lawsuit Against Volkswagen for Pension Fund Losses

The whole Dieselgate scandal has done a number on Volkswagen financially. Despite my harsh words for the company in the past over the scandal, I’m starting to feel bad about for it. It’s been hit for billions here in the U.S., and there are more lawsuits coming down the pipe than I can shake a stick at.


‘How Many Massacres Will It Take?’: Sandy Hook Families Aim to Sue AR-15 Rifle’s Maker

A Connecticut judge is hearing arguments today to decide whether the families of the victims of the Sandy Hook school tragedy can sue the maker of the AR-15 rifle that was used in the 2012 massacre. Judge Barbara Bellis of State Superior Court in Bridgeport heard from lawyers on both sides of the high-profile case. Some of the families of the 26 victims of Adam Lanza’s killing spree at Sandy …