A U.S. judge on Tuesday dismissed most of an investor lawsuit accusing several major banks of conspiring to manipulate the benchmark European Interbank Offered Rate, or Euribor, and related derivatives. In a 100-page decision, U.S. District Judge Kevin Castel in Manhattan said several claims in the proposed class action must fail because of a lack of evidence …
Chip and Joanna Gaines are having some legal trouble — again! A San Antonio woman is suing Magnolia Market, the popular tourist attraction owned by the stars of the hit HGTV show “Fixer Upper,” for an alleged head injury she suffered back in June 2016. Nancy Brown claims that low-hanging steel rods, which support the canopies attached to picnic tables on the premises, caused her “serious and …
New York Life Insurance Co. has agreed to settle a lawsuit alleging the firm engaged in self-dealing in its 401(k) plans for the sum of $3 million. Plaintiffs brought the excessive-fee suit against New York Life in July 2016, seeking relief for alleged damages caused by fiduciary breach in two company retirement plans. New York Life neither admitted nor denied wrongdoing as part of the …
The fine print of Charter Communications’ high-speed Internet service says a “small percent of customers will receive lower than advertised speeds.” One attorney general says the problem is actually widespread — “a consistent story of bad performance and a long-term business plan built on deceit.” New York Atty. Gen. Eric Schneiderman is suing Charter over allegedly false claims of fast …
New York Attorney Eric Schneiderman believes his lawsuit against Time Warner Cable and its successor–Charter Communications and its Internet service known as Spectrum–could have the greatest impact in Western New York, due to the limited choices Western New Yorkers have for getting on the Internet. Schneiderman filed a civil action against the nation’s second-largest …
To: All persons or entities who purchased or otherwise acquired shares of Inotek Pharmaceuticals Corporation (“Inotek”) (NASDAQ:ITEK) between July 23, 2015 and December 30, 2016. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the District of …
Abraham, Fruchter & Twersky, LLP has filed a class action lawsuit in the United States District Court for the Southern District of New York against Allergan plc (“Allergan”) and certain of its current or former officers. The case is titled Rosenberg v. Allergan PLC, et al. , No. …
The cheater dating website Ashley Madison, which got hacked and exposed the secret lives of millions of Americans, has agreed to a $1.7 million settlement with several U.S. states and the federal government. The settlement, announced Wednesday by New York State Attorney General Eric Schneiderman, is a scathing admission of fraudulent business practices. Government investigators in New York …
According to a press release last Tuesday, those spearheading the initiative include the Firearms Policy Coalition, the Firearms Policy Foundation, and Matthew Avitabile, who is the mayor of Middleburgh, New York. It all started when Avitabile, as an individual, wanted to purchase a Taser for self-defense. State law, however, notes that it is a …
A new lawsuit is challenging New York’s ban on private citizens owning stun guns, claiming it violates the …