York

New York Judge Rejects High-Profile Foster Care Settlement

Today, a New York judge threw out a controversial consent decree that would have ratcheted up state oversight of New York City’s foster care system. In her straightforward opinion, New York District Judge Laura Swain denied a proposed settlement to a July 2015 class action lawsuit that had accused both New York State and City of allowing foster youth to languish in care. “The opinion …


Judge Rules Stewart’s Insurance Company Not Liable in Ward Civil Lawsuit

A federal judge in New York has ruled that Tony Stewart’s insurance carrier is not liable for any claims arising out of a civil lawsuit filed against Stewart by the family of driver Kevin Ward Jr. U.S. District Court Judge David Hurd of the Northern District of New York issued a ruling on Friday that said Axis Insurance Co.’s policies with Stewart limited the insurer’s liability to specific …


New York Life Sued by Employees Claiming Excessive 401(k) Fees

New York Life Insurance Co. is the newest member to the ever-growing list of asset managers and retirement plan providers being sued by their employees for fiduciary breach in the company 401(k) plan. Current participants in two New York Life 401(k) plans filed a class-action lawsuit — Andrus et al v. New York Life Insurance Company et al — alleging self-dealing by the firm and other affiliated …


SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of K12 Inc. Of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline…

NEW YORK, July 20, 2016 (GLOBE NEWSWIRE) — The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of K12 Inc. (“K12”) (NYSE:LRN) between November 7, 2013 and October 27, 2015. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Northern District of California. …


Investors Are Getting Ripped Off on Index Fund Fees, Lawsuits Say

Index funds often benefit from a low-cost halo. They don’t all deserve to bask in that glow. Allegations of excessive index fund fees in retirement plans are at the heart of a new proposed class action lawsuit brought by New York Life Insurance Co. employees against the company.


Domino’s Could Be in Big Trouble

Domino’s is in deep dish. On Tuesday, New York Attorney General and fair labor crusader Eric Schneiderman announced a lawsuit alleging that the corporate pizza giant Domino’s and three franchisees were engaged in “widespread and systemic” violations of the state’s labor law. Domino’s, the suit says, knowingly peddled an employee-hours tracking system called PULSE, that under-calculated hours, …


20 Years After “boom-Boom Room” Lawsuit, It’s Still Tough for Women on Wall Street

Twenty years ago this month, 23 women came together to file a major class-action lawsuit against Wall Street brokerage house Smith Barney, claiming widespread sexual harassment and pay discrimination. Close to 2,000 women ended up joining the complaint which became known as the “boom-boom room” suit, borrowing the name of a seedy sounding party room in the basement of a Smith Barney branch in …


Report: Domino’s Accused of Underpaying Workers in Lawsuit Filed in New York

A lawsuit filed Monday by the New York state attorney general alleges three Domino’s franchisees underpaid workers based on payroll reports, according to a story by the Associated Press. “We’ve uncovered rampant wage violations at Domino’s franchise stores, and intensive involvement by Domino’s headquarters that caused many of these violations,” Attorney General Eric …



Lawsuit: Court Delays in the Bronx Have Defendants Waiting Years

Residents of the New York City borough of the Bronx who have been arrested for a misdemeanor charge are waiting months or even years for their cases to be resolved. Attorneys in the Bronx say that the amount of time their clients have to wait between a misdemeanor arrest and a hearing can be so long that it violates their constitutional right to a speedy trial. On Tuesday, several of these …