NEW YORK Deutsche Bank AG must face a U.S. lawsuit seeking to hold it liable for causing $3.1 billion of investor losses by failing to properly monitor 10 trusts backed by toxic residential mortgages, a federal judge ruled on Wednesday. U.S. District Judge Alison Nathan in Manhattan said Belgium’s Royal Park Investments SA/NV may pursue claims that the trustee Deutsche Bank National Trust Co …
NEW YORK The organizers of the New York City Marathon have been sued by two runners who said the use of a lottery to decide who gets to race in the world’s largest marathon is illegal. In a proposed class-action lawsuit filed on Thursday in the U.S. District Court in Manhattan, Utah residents Charles Konopa and Matthew Clark said the nonprofit New York Road Runners Inc violated New York’s …
The embattled daily fantasy sports industry had another shot fired across its bow Saturday as two Florida-based men filed a major class-action lawsuit. According to Michael McCann of SI.com, daily fantasy sports customers Antonio Gomez and John Gerecs filed the suit against roughly 50 entities with ties to DFS, including DraftKings and FanDuel. Rachel Axon of USA Today later confirmed the report.
NEW YORK — In a landmark settlement announced today, the New York City Police Department has agreed to reforms designed to protect New York Muslims and others from discriminatory and unjustified surveillance. As a further safeguard, the settlement installs a civilian representative within the NYPD to act as a check on investigations involving political or religious activity. The settlement was …
NEW YORK — In a landmark settlement announced today, the New York City Police Department has agreed to reforms designed to protect New York Muslims and others from discriminatory and unjustified surveillance. As a further safeguard, the settlement installs a civilian representative within the NYPD to act as a check on investigations involving political or religious activity. The settlement was …
Go, Buffalo Jills, Go! The cheerleaders for the NFL’s Buffalo Bills were given the go ahead with their class action lawsuit against the team demanding better wages. The ruling this week by a New York state judge allows “all Buffalo Bills cheerleaders and ambassadors since April 2008” to come together on the suit.