York

‘Not Wanted’: Black Applicants Turned Down for Trump Housing Speak Out

In 1973, New York City school teacher Annette Gandy Fortt was looking for a decent place to live. A listing for an apartment in a building owned by Donald Trump’s father, Fred, caught her eye — but she says the super told her there were no units available. “I was black,” Fortt said recently.


NY to Pay Owner-Operators $44 Million in Settlement Over Out-Of-State Fees

The state of that enter the state from other states after the Owner-Operator Independent Drivers Association reached a $44.4 million tax refund agreement with the state. The state’s Supreme Court agreed earlier this year with OOIDA’s challenge that the registration and decal taxes in the state were unconstitutional and discriminatory against out-of-state truckers who drive mostly in other …


Jury Rules Smoker Failed Class Action’s Citizenship Requirements, Clearing Philip Morris in His Cancer Death

Frank Kelly delievrs closing arguments on behalf of Philip Morris, at trial over Robiel Chacon’s lung cancer death. Miami—Jurors Thursday found a smoker failed state citizenship requirements for purposes of class action membership against the nation’s tobacco companies, clearing Philip Morris of liability for his lung cancer death. Chacon v. Philip Morris, 08-102-CA-09.


U.S. Judge Narrows Currency Rigging Lawsuit Against Seven Banks

The U.S. judge overseeing litigation accusing 16 banks of rigging prices in the $5.3 trillion-a-day foreign exchange market on Tuesday narrowed but refused to dismiss lawsuits against Deutsche Bank (DBKGn.DE), Morgan Stanley (MS.N) and five other large banks that have yet to settle. U.S. District Judge Lorna Schofield in Manhattan dismissed antitrust claims …


Ex-Students Call NYU’s Singapore Art School an ‘Educational Scam’

New York University’s Singapore arts school was an “educational scam” that saddled students with high tuition while providing low-quality coursework, a new lawsuit alleges. NYU’s Tisch Asia, which opened in 2007 and closed in 2015, promised students the same degrees and professional training available at the New York City campus, the Manhattan federal court suit says. Instead, Tisch Asia’s …


Lyft Sued for Millions for Allegedly Overcharging New Yorkers

A potential class-action lawsuit filed earlier this week in New York City claims Lyft has regularly overcharged riders for tolls there and seeks nearly $60 million in damages. In court documents submitted to the U.S. District Court for the Southern District of New York, attorneys Neal Bhushan and Kevin Caldwell argue the ride-hailing service made a habit of charging passengers the higher “cash” …


HSBC Wins Dismissal of Madoff Customer Class Action in U.S.

Jonathan Stempel| NEW YORK NEW YORK HSBC Holdings Plc on Thursday won the dismissal of a lawsuit by former Bernard Madoff customers who accused the British bank of fuelling his massive Ponzi scheme by ignoring red flags and encouraging “feeder funds” to invest with him. U.S. District Judge Laura Taylor Swain in Manhattan said a federal law governing securities fraud cases prevented the …


Och-Ziff Says U.S. Judge Ignored Own Deadline in Class Action

Lawyers for Och-Ziff Capital Management Group LLC said a federal judge ignored his own deadline by certifying a class-action lawsuit tied to a bribery probe on Wednesday without giving the largest publicly traded U.S. hedge fund company a chance to object. U.S. District Judge Paul Oetken in Manhattan said Och-Ziff shareholders from February …


Lawsuit Wants Gov. Cuomo, Acting OPWDD Commissioner to Expand Residential Living Opportunities for Adults With Developmental Disabilities

Currently, more than 11,000 individuals with development disabilities statewide have requested and are awaiting placement by the New York State Office for People with Developmental Disabilities (OPWDD) in an appropriate supported community residential opportunity. The lawsuit was filed on behalf of more than 2,000 eligible individuals alone in Western New York and their families and caregivers. …


AIG Hit by $230 Million Settlement Over MedPartners

In August, financial services firms suffered some nasty operational risk losses as a result of problems such as market manipulation, misconduct and poor anti-money laundering (AML) compliance. But the largest loss stemmed from a class action lawsuit against insurance giant AIG. In the late 1990s, MedPartners, a physician practice management company that now operates as CVS Health, touted its …