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Latest Finance News related to Class Action

UK court blocks £14bn class action case against MasterCard image
Source : Guardian [Read Article] Friday 21st of July 2017 10:39:18 PM
....A £14bn class-action lawsuit against MasterCard for allegedly overcharging more than 45 million people in Britain over a 16-year period was blocked by a British court on Friday. The competition appeal tribunal (CAT), a newly empowered court that oversees Britain’s fledgling class action regime, ruled that it would not grant the necessary collective proceedings order for the case to continue to trial. ...
Dieselgate: UK motorists file class-action suit against VW image
Source : Guardian [Read Article] Monday 9th of January 2017 09:26:28 AM
....Thousands of British motorists have launched a lawsuit against Volkswagen over the “dieselgate” emissions scandal, in a claim that could end up costing the carmaker billions of pounds. The group of 10,000 VW owners has filed a class action lawsuit against the German car firm, seeking £30m, or £3,000 each. ...
Seattle law firm files first lawsuit against Apple over iPhone 'error 53' image
Source : Guardian [Read Article] Friday 12th of February 2016 11:51:00 PM
....Related: Apple under pressure as lawyers pledge action over 'Error 53' codes. Darrell Cochran, PCVA’s lead attorney for the class action lawsuit in California, said: “The first objective is to get all the affected iPhone customers re-outfitted with working phones, and without the overwhelming costs that thousands of people are facing right now with error 53 codes and bricked phones. ...
CEO of Kind bars plays nice while fighting for new food label rules image
Source : Guardian [Read Article] Saturday 9th of January 2016 02:00:16 PM
....”. Meanwhile, a class action suit has been filed in federal court by the firm of Scott + Scott on behalf of two California plaintiffs who say they bought Kind bars “under the mistaken belief that these products were healthier” than other snack products. ...
Slater & Gordon faces class action suit over Quindell division purchase image
Source : Telegraph [Read Article] Wednesday 23rd of December 2015 09:09:53 AM
.... . It has encouraged aggrieved shareholders in Slater & Gordon “to register your details with us in order to get the best legal representation possible should a shareholder class action ensue”. ...
Tesco agrees $12m payout to US shareholders over accounting scandal image
Source : Guardian [Read Article] Thursday 26th of November 2015 01:02:30 AM
....Tesco has announced a $12m (£7. 94m) deal to settle one of two US shareholder class action suits over its accounting scandal. ...
Banks brace for more foreign exchange rigging pain as civil lawsuits come forth image
.... . Law firm Hausfeld, which has been involved in several class action cases in the US and has secured settlements worth $800m, is drumming up support from institutions in the UK and Europe. ...
How regulators have cracked down on high frequency traders image
Source : Telegraph [Read Article] Wednesday 22nd of April 2015 04:25:08 PM
.... Barclays has filed a motion in the US to have the allegations thrown out of court, which a judge is yet to rule . A class action lawsuit is filed against Barclays and 13 US exchanges for favouring high frequency traders. ...
Walmart ordered to pay $188 million over staff breaks image
Source : Independent [Read Article] Tuesday 16th of December 2014 04:25:27 PM
....The Pennsylvania Supreme Court largely upheld a judgement which ordered Walmart to pay $188 million to employees who alleged their breaks were cut short and they weren't paid in full for the hours worked. The retail giant said it disagreed with the decision and argued the case should have never been brought up as a class action lawsuit because there wasn't enough evidence to support a class-wide breach of contract. ...
Barclays pays $20m to settle US class-action lawsuit over Libor fixing image
Source : Independent [Read Article] Wednesday 8th of October 2014 11:35:24 PM
. Barclays agreed to pay almost $20m (£12m) to settle a US class action lawsuit which alleged the bank manipulated the Libor interest rate, according to court papers filed in New York on Wednesday. ...
Employers often reject those who strike or protest: 'I am willing to do whatever it takes to lead a better life' image
....Despite that, Daniels and about 850,000 applicants received letters from the US Census Bureau that flagged their arrests records when processing their job applications. After finding out online that she wasn’t the only one to whom this happened, Daniels joined the class action suit against the bureau, which has been pending since 2010. ...
Tech giants settle no-poaching court case image
Source : BBC [Read Article] Friday 25th of April 2014 01:38:19 AM
. Four of the biggest technology firms - Apple, Google, Intel and Adobe - have settled a class action case alleging they conspired to hold down salaries. ...

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