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....“Let’s face it: The science of climate change is too uncertain to mandate a plan of action that could plunge economies into turmoil,” Exxon said in 1997, as the Bill Clinton administration faced overwhelming opposition in Congress to US ratification of the Kyoto Protocol. Natasha Lamb, managing partner of investment management firm Arjuna Capital, said the new analysis could bolster the lawsuits accusing ExxonMobil of deliberately downplaying climate change risks. ... [Read full article on Guardian ]
Thursday 24th of August 2017 02:04:29 AM
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. Google systematically pays women less than men doing similar work, according to a class action-lawsuit accusing the technology company of denying promotions and career opportunities to qualified women who are “segregated” into lower-paying jobs. ... [Read full article on Guardian ]
Thursday 14th of September 2017 06:00:42 PM
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.... The long list of recommendations for reform included reviewing and reducing Kalanick’s role in the company. Uber is reeling from allegations of workplace discrimination and sexual harassment, revelations of a secret programme to evade law enforcement, lawsuits and other legal challenges brought by drivers, bans on its UberPop service of unlicensed drivers in several countries and a string of departures of high-level executives. ... [Read full article on Guardian ]
Sunday 27th of August 2017 07:08:36 PM
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....West, 40, sued Lloyd’s, an insurance market housing more than 80 syndicates in London, for nearly $10m in payouts after he cancelled his Saint Pablo tour in November 2016 with more than 20 shows left. The musician’s lawsuit, filed in early August, said he was hospitalised with a “serious, debilitating medical condition”, following a week of no-shows, curtailed concerts and on-stage political rants. ... [Read full article on Guardian ]
Thursday 31st of August 2017 12:39:28 AM
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....Last year, Navient received 23 complaints per 100,000 borrowers, more than twice that of the nearest competitor, according to Fusion’s analysis. And from January 2014 to December 2016, Navient was named as a defendant in 530 federal lawsuits. ... [Read full article on Guardian ]
Wednesday 6th of September 2017 10:00:28 AM
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.... His reputation as a sexual creep became unshakeable when he masturbated – twice – in front of a young female magazine journalist during an interview in 2004 (“‘Can I?’ he says, adjusting himself in his chair …”), and he was whacked with a seemingly endless series of sexual harassment charges over the next few years. In 2011, five ex-employees filed lawsuits. ... [Read full article on Guardian ]
Sunday 10th of September 2017 03:00:40 PM
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....He also said Fox dealt with allegations of sexual harassment at Fox News against Roger Ailes, the former boss, within two weeks of him learning of the claims. “The first we heard about the Roger Ailes allegations was a New York Times story that a lawsuit was about to be filed and then it was filed,” he said. ... [Read full article on Guardian ]
Thursday 14th of September 2017 12:44:18 PM
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....The company has received a demand to hand over evidence including text messages and emails relating to an acrimonious legal dispute between the property tycoons and Mark Holyoake. Holyoake has applied to the high court for disclosure of the documents with a view to launching a separate lawsuit against Savills, seeking compensation for alleged misconduct including breach of confidentiality, the Guardian understands. ... [Read full article on Guardian ]
Monday 28th of August 2017 03:39:08 PM
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.... The Sports Direct boss is seeking £3m plus interest of about £800,000 in recompense for breach of contract. The lawsuit comes shortly after Ashley successfully fought off a legal claim by former Sports Direct executive Jeff Blue over a £15m deal allegedly made in a London pub during a “night of heavy drinking”. ... [Read full article on Guardian ]
Wednesday 30th of August 2017 06:45:27 PM
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Latest Finance News related to Lawsuit

Ryanair boss Michael O’Leary may be flying by the seat of his pants in row with pilots | Nils Pratley image
....That is especially so when you remember that Compass was a shambles back in 2006. It had to pay £40m to settle two lawsuits brought against it for allegedly bribing a United Nations official to win contracts. ...
Google 'segregates' women into lower-paying jobs, stifling careers, lawsuit says image
. Google systematically pays women less than men doing similar work, according to a class action-lawsuit accusing the technology company of denying promotions and career opportunities to qualified women who are “segregated” into lower-paying jobs. ...
James Murdoch warns No 10 not to shun Fox's Sky bid in Brexit run-up image
Source : Guardian [Read Article] Thursday 14th of September 2017 12:44:18 PM
....He also said Fox dealt with allegations of sexual harassment at Fox News against Roger Ailes, the former boss, within two weeks of him learning of the claims. “The first we heard about the Roger Ailes allegations was a New York Times story that a lawsuit was about to be filed and then it was filed,” he said. ...
American Apparel founder Dov Charney: ‘Sleeping with people you work with is unavoidable’ image
.... His reputation as a sexual creep became unshakeable when he masturbated – twice – in front of a young female magazine journalist during an interview in 2004 (“‘Can I?’ he says, adjusting himself in his chair …”), and he was whacked with a seemingly endless series of sexual harassment charges over the next few years. In 2011, five ex-employees filed lawsuits. ...
The debt trap: how the student loan industry betrays young Americans image
Source : Guardian [Read Article] Wednesday 6th of September 2017 10:00:28 AM
....Last year, Navient received 23 complaints per 100,000 borrowers, more than twice that of the nearest competitor, according to Fusion’s analysis. And from January 2014 to December 2016, Navient was named as a defendant in 530 federal lawsuits. ...
Lloyd's of London alleges 'irregularities' in Kanye West's $10m insurance claim image
....West, 40, sued Lloyd’s, an insurance market housing more than 80 syndicates in London, for nearly $10m in payouts after he cancelled his Saint Pablo tour in November 2016 with more than 20 shows left. The musician’s lawsuit, filed in early August, said he was hospitalised with a “serious, debilitating medical condition”, following a week of no-shows, curtailed concerts and on-stage political rants. ...
Sports Direct's Mike Ashley sues former business partner over £3m golf course scheme image
.... The Sports Direct boss is seeking £3m plus interest of about £800,000 in recompense for breach of contract. The lawsuit comes shortly after Ashley successfully fought off a legal claim by former Sports Direct executive Jeff Blue over a £15m deal allegedly made in a London pub during a “night of heavy drinking”. ...
Client accuses Savills of confidentiality breach in Candy brothers dispute image
....The company has received a demand to hand over evidence including text messages and emails relating to an acrimonious legal dispute between the property tycoons and Mark Holyoake. Holyoake has applied to the high court for disclosure of the documents with a view to launching a separate lawsuit against Savills, seeking compensation for alleged misconduct including breach of confidentiality, the Guardian understands. ...
Uber chooses Expedia boss Dara Khosrowshahi as new CEO image
Source : Guardian [Read Article] Sunday 27th of August 2017 07:08:36 PM
.... The long list of recommendations for reform included reviewing and reducing Kalanick’s role in the company. Uber is reeling from allegations of workplace discrimination and sexual harassment, revelations of a secret programme to evade law enforcement, lawsuits and other legal challenges brought by drivers, bans on its UberPop service of unlicensed drivers in several countries and a string of departures of high-level executives. ...
Exxon deliberately misled public on climate science, say researchers image
Source : Guardian [Read Article] Thursday 24th of August 2017 02:04:29 AM
....“Let’s face it: The science of climate change is too uncertain to mandate a plan of action that could plunge economies into turmoil,” Exxon said in 1997, as the Bill Clinton administration faced overwhelming opposition in Congress to US ratification of the Kyoto Protocol. Natasha Lamb, managing partner of investment management firm Arjuna Capital, said the new analysis could bolster the lawsuits accusing ExxonMobil of deliberately downplaying climate change risks. ...
Ovarian cancer victim wins $417m payout from Johnson & Johnson image
Source : Guardian [Read Article] Monday 21st of August 2017 10:00:23 PM
....A jury has ordered Johnson & Johnson (J&J) to pay $417m (£323m) to a woman who claimed she developed ovarian cancer after using the company’s talc-based products such as Johnson’s Baby Powder for feminine hygiene. The verdict in favour of California resident Eva Echeverria was the largest yet in lawsuits alleging J&J failed to warn consumers adequately about the cancer risks of its talc-based products. ...
Indian opposition calls for investigation into Adani over financial fraud allegations image
....The DRI and other agencies declined to comment on either investigation. The proposed Queensland mine, which would be Australia’s largest, has been the source of years of controversy, lawsuits and protests over its possible environmental impact. ...
Bad break? KitKat maker accused of copying Atari Breakout game in ad image
Source : Guardian [Read Article] Friday 18th of August 2017 12:38:53 PM
.... The ad no longer runs and we have no current plans to rerun it. “We are aware of the lawsuit in the US and will defend ourselves strongly against these allegations. ...
'No good Nazis': James Murdoch criticises Trump over Charlottesville image
Source : Guardian [Read Article] Friday 18th of August 2017 03:04:46 AM
....Fox News has remained loyal to Trump through scandal after scandal, although even some of its hosts have spoken out over the Charlottesville fallout. The network has been rocked by a slew of sexual misconduct lawsuits against various presenters and executives. ...
Will 2017 be Rupert Murdoch's summer of despair? | Jill Abramson image
Source : Guardian [Read Article] Wednesday 16th of August 2017 10:00:36 AM
.... It was a little more than a year ago that the Roger Ailes sexual harassment scandal erupted. Then came a cascade of related sexual misconduct lawsuits against various Fox on-air personalities and executives. ...
£14b​n class action case against Mastercard revived image
Source : Guardian [Read Article] Monday 14th of August 2017 05:26:33 PM
. A proposed £14bn class action lawsuit against Mastercard is being revived after lawyers filed to appeal against a ruling that barred the case from heading to trial last month. ...
Battle for power at Uber as investor sues ex-CEO Travis Kalanick alleging fraud image
.... It demands redress for the alleged “fraud, breaches of fiduciary duty, and breaches of contractual obligations” perpetrated by Kalanick. The former CEO has hit back at the lawsuit, saying through a spokesperson that the case against him was “completely without merit and riddled with lies and false allegations”. ...
Monsanto sold banned chemicals for years despite known health risks, archives reveal image
....”. “Direct lawsuits are possible” it continued, because “customers using the products have not been officially notified about known effects nor [do] our labels carry this information. ...
The strange case of Fox News, Trump and the death of young Democrat Seth Rich image
.... Here he stands, charged with egging on Fox News to publish a fabricated story in order to draw public attention away from his own travails over Russia. Douglas Wigdor, the New York-based lawyer behind the bombshell lawsuit from which this week’s revelations come, points to key evidence contained in the complaint involving Ed Butowsky, a Fox News contributor and wealthy Texan Republican donor. ...
Martin Shkreli found guilty of fraud by jury in New York image
Source : Guardian [Read Article] Friday 4th of August 2017 06:56:43 PM
....Prior to the trial, Shkreli boasted he would be acquitted entirely because he was “so innocent” and jurors would apologize to him. Shkreli also faces a heap of civil lawsuits. ...
How a father's tragedy moved the Teamsters to fight an opioid distributor image
....4 million members in the the US, is using its substantial fund holdings in McKesson, the fifth-largest corporation in the US, to press for leadership changes. This comes after the company paid the largest financial settlement of its kind amid lawsuits accusing it of “flooding” the country with prescription painkillers. ...
Jared Kushner sealed real estate deal with oligarch's firm cited in money-laundering case image
....Kushner will go before the US Senate intelligence committee on Monday in a closed session of the panel’s inquiry into Russian interference in the election in what could be a pivotal hearing into the affair. Leviev, a global tycoon known as the “king of diamonds”, was a business partner of the Russian-owned company Prevezon Holdings that was at the center of a multimillion-dollar lawsuit launched in New York. ...
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. ...
British American Tobacco to acquire Reynolds as activists decry merger image
Source : Guardian [Read Article] Wednesday 19th of July 2017 06:51:28 PM
.... In part, companies have been able to shift sales of cigarettes to less educated and poorer consumers. They have also weathered lawsuits and regulations of the 1990s. ...
Uber’s practices are morally unacceptable – but a boycott won’t help | Hannah Lownsbrough image
....Uber is not the only corporation effectively forcing the world back into a paid “piecework” model of labour that harks back to the industrial revolution (not a period renowned for its progressive employment practices). But it is the one that has resources to drive forward the lawsuits and the lobbying breakfasts to ensure it can further its agenda. ...
RBS to pay $5.5bn penalty over US loan misselling scandal image
Source : Guardian [Read Article] Wednesday 12th of July 2017 12:55:36 PM
....6bn because of indemnity agreements but the bank admitted it will need to take another £151m provision to cover the rest of the FHFA settlement. FHFA filed 18 lawsuits in 2011 in relation to RMBS misselling and the settlement with RBS is the 17th and one of the largest. ...
Mike Ashley vomited into fireplace at pub meeting, court told image
Source : Guardian [Read Article] Monday 3rd of July 2017 02:24:59 PM
....The “unconventional” working life of Ashley, who controls the Sports Direct retail chain and Newcastle United football club, was laid bare in evidence on Monday in a case alleging that the retail tycoon reneged on a £15m deal with a banker. The lawsuit claims the agreement was sealed during a boozy session in a London pub. ...
Nigeria: Ogoni widows sue Shell over military crackdown image
Source : BBC [Read Article] Thursday 29th of June 2017 12:23:33 PM
....The hanging of the men provoked an international outcry, and remains one of the most sensitive cases in Nigeria. The oil giant has faced lawsuits in various countries relating to the executions. ...
Uber's scandals, blunders and PR disasters: the full list image
Source : Guardian [Read Article] Tuesday 27th of June 2017 11:14:33 PM
. Uber has been rocked by a steady stream of scandals and negative publicity in recent years, including revelations of questionable spy programs, a high-stakes technology lawsuit, claims of sexual harassment and discrimination and embarrassing leaks about executive conduct. ...
Uber CEO Travis Kalanick resigns following months of chaos image
Source : Guardian [Read Article] Wednesday 21st of June 2017 06:19:56 AM
.... But Uber continues to face challenges on multiple fronts. The embattled company is currently squaring off against Google parent company Alphabet’s self driving car arm Waymo in an intellectual property lawsuit that could pose an “existential” threat to Uber’s future. ...
Embattled Uber CEO Travis Kalanick takes indefinite leave of absence image
Source : Guardian [Read Article] Tuesday 13th of June 2017 06:36:50 PM
....Last week, at least 20 people were fired over incidents of harassment, retaliation, discrimination and bullying, dozens more were disciplined and 57 complaints remain under investigation by Holder’s law firm, Perkins Coie. And in February, Uber’s self-driving car program, which Kalanick has described as “existential” to the company, was threatened by an explosive intellectual property lawsuit by the Google spinoff Waymo. ...
Qatar and the UK image
Source : BBC [Read Article] Friday 9th of June 2017 04:51:11 AM
.... . But the manner in which Barclays raised the funds is being scrutinised by two UK regulators, the Financial Conduct Authority and the Serious Fraud Office, and there is a separate lawsuit in which the private equity company PCP Partners is claiming £700m from Barclays in allegedly unpaid fees. ...
How low does Uber have to go before we stop using it? image
Source : Guardian [Read Article] Thursday 8th of June 2017 01:27:04 PM
....Then Uber entered a long and costly legal battle with Google’s self-driving sibling, Waymo, over allegations that a former Waymo employee had stolen trade secrets when he had joined Uber. The lawsuit is still ongoing, but Uber has now laid off the employee in question. ...
Santander and RBS haunted by ghost of financial crisis image
Source : Guardian [Read Article] Wednesday 7th of June 2017 06:00:26 PM
.... RBS had settled with 87% of the investors, which had made claims before this case began, and the judge said ending it had not proved easy. “In a difficult and novel situation, the process of bringing an end is not as easy as might be thought,” said Hildyard, who has called for a review of the way such complex lawsuits are brought. ...
RBS court case called off but some investors still refuse settlement image
Source : Guardian [Read Article] Wednesday 7th of June 2017 11:58:42 AM
....The case – in which investors claimed they were misled by the former RBS boss, three former directors and the bank itself during a £12bn cash call in April 2008 – had been due to start on 22 May but a last-minute settlement offer from RBS saw a series of adjournments. During a complex hearing on Wednesday, a high court judge, Mr Justice Hildyard, called for a review of the way such complex lawsuits are brought in the future. ...
Uber fires 20 staff after harassment investigation image
Source : BBC [Read Article] Tuesday 6th of June 2017 07:14:58 PM
....It led to two investigations and the uncovering of 215 complaints about harassment and other allegations. Uber has struggled with a series of controversies in recent months, including a backlash over aggressive corporate tactics and a lawsuit from Google-owner Alphabet over allegedly stolen technology for self-driving cars. ...
Adnan Khashoggi: Saudi billionaire arms dealer dies aged 82 image
Source : BBC [Read Article] Tuesday 6th of June 2017 06:37:25 PM
....6m fine for smuggling 37 paintings into France in 1986, brought in from the US on his private jet. And in 1998, the casino at London's Ritz Hotel settled out of court its lawsuit against Mr Khashoggi for £8m of gambling debts. ...
Another Uber executive quits but losses improve image
Source : BBC [Read Article] Thursday 1st of June 2017 11:41:41 AM
.... He is leaving for a job at Tusk Ventures, which advises start-up businesses on regulatory issues. Mr Levandowski, who was considered critical in the development of Uber's self-drive projects, was fired for declining to testify in the lawsuit that Google owner Alphabet has brought against Uber. ...
Uber fires self-driving car engineer amid legal fight with Google image
. Uber has fired the engineer accused of stealing secrets from Google-owner Alphabet after he failed to assist with an investigation related to the lawsuit. ...
Ping pong ding-dong: China champion sued over casino debts image
Source : BBC [Read Article] Tuesday 30th of May 2017 04:21:18 AM
....Former world champion Kong Linghui owes Marina Bay Sands 454,375 Singapore dollars ($327,600; £255,600), according to a Hong Kong court filing. Mr Kong, nicknamed China's 'Ping Pong Prince', said the debt was accrued by someone else and that he was being "dragged into a lawsuit". ...
Car loans, low rates, second mortgages: all the ingredients for a new credit crunch image
.... A high court judge will begin hearing a claim for compensation from investors who backed a £12bn cash call by RBS in April 2008 – only for the Edinburgh-based institution to be bailed out by taxpayers six months later. As a result of the lawsuit, disgraced former RBS boss Fred Goodwin is scheduled to give evidence to the court, along with former boardroom colleagues, including Sir Tom McKillop. ...
Ex-RBS boss Fred Goodwin returns to spotlight in £520m court battle image
....RBS has tried to stop the case getting to court. In the last six months, the bailed-out bank has reached settlements with 87% of the investors that had issued lawsuits in connection with the crucial £12bn cash call in April 2008 at the heart of the case. ...
VW emissions: bosses face investigation over claims they misled investors image
.... Seven VW executives have been criminally charged in the US. The company also faces investor lawsuits in Germany alleging it did not inform shareholders of the scandal quickly enough. ...
Whistleblower sparks Hyundai and Kia recall of 240,000 cars image
Source : BBC [Read Article] Friday 12th of May 2017 05:37:45 AM
....But Mr Kim's story, though, seems to have a positive ending. Just this month, Hyundai Motor dropped its lawsuit against him, reinstated him to his old job, and reimbursed him for the lost years of employment. ...
Giant rabbit owners seek United payout: 'This case is about more than one rabbit' image
....News of the rabbit’s death came as the airline was struggling to repair its image following the videotaped removal of a passenger from a United plane at Chicago’s O’Hare airport. Images of the passenger, who was battered as he was dragged from the plane, circulated widely on social media and prompted condemnation and threats of a lawsuit. ...
Johnson & Johnson ordered to pay $110m in US talc cancer case image
.... . The verdict in a St Louis state court is the largest so far to arise out of about 2,400 lawsuits against J&J over its talc-based products, Reuters news agency reports. ...
Uber faces criminal probe in US over 'greyball' code image
Source : BBC [Read Article] Friday 5th of May 2017 08:51:04 AM
....The criminal inquiry comes at a difficult time for Uber which has faced criticism on many fronts. It is currently fighting a lawsuit from Google-backed self-driving car firm Waymo. ...
HMRC steps up inquiry into employment status of Hermes couriers image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 12:06:14 PM
. HM Revenue & Customs has stepped up its investigation into the delivery company Hermes classifiying its couriers as self-employed, while the business has also been hit with an employment rights lawsuit from the GMB trade union. ...
US airlines face heat in Washington after passenger clashes image
Source : BBC [Read Article] Tuesday 2nd of May 2017 03:40:16 PM
.... . The airline has settled a lawsuit and announced policy changes, including boosting the amount of money staff can offer passengers to take a different flight. ...
Fyre Festival faces $100m 'Lord of the Flies' lawsuit image
Source : BBC [Read Article] Tuesday 2nd of May 2017 05:01:51 AM
. The organisers of the disastrous Fyre Festival have been hit with a $100m (£78m) lawsuit by one of the attendees. ...
Doctor dragged off United Airlines flight reaches undisclosed settlement image
Source : Guardian [Read Article] Thursday 27th of April 2017 07:51:18 PM
....”. The settlement means United will not face the lawsuit that many observers expected. ...
Uber plans to test on-demand flying cars network by 2020 image
Source : BBC [Read Article] Wednesday 26th of April 2017 06:28:42 AM
.... . It is already investing heavily in self-driving cars, and is facing an intellectual property lawsuit over that technology. ...
Shareholders angry over fake accounts disrupt Wells Fargo meeting image
....US bank Wells Fargo fined $185m . US bank Wells Fargo agrees $110m lawsuit settlement. ...
General Motors loses Supreme Court appeal over car faults image
Source : BBC [Read Article] Monday 24th of April 2017 09:06:53 PM
. General Motors has lost a legal bid aimed at protecting it from lawsuits over faulty ignition switches. ...
Packing a punch image
Source : BBC [Read Article] Sunday 23rd of April 2017 06:58:24 AM
....Elliott itself has made demands on dozens of companies in recent years, turning its attention beyond the technology firms that were once its primary focus. The firm has also branched out its partnerships, working with a private equity firm in at least one instance and taking a large stake in Bentham Ventures, a firm focused on shareholder lawsuits. ...
United CEO: nobody will be fired after man was violently dragged from plane image
....”. Dao’s lawyers have taken steps that foreshadow a lawsuit against the airline and the city of Chicago, which operates O’Hare. ...
United Airlines to refund tickets for all customers on infamous flight image
Source : Guardian [Read Article] Thursday 13th of April 2017 01:40:06 AM
....Attorneys for Dao filed court papers Wednesday asking the airline and the city of Chicago to preserve evidence in the case. Those documents are often the first steps toward a lawsuit. ...
How Uber conquers a city in seven steps image
Source : Guardian [Read Article] Wednesday 12th of April 2017 03:19:57 PM
.... However, drivers have reported that their earnings are slashed without warning – often falling below minimum wage. A lawsuit filed by an Uber driver in Los Angeles in April 2017 accuses the company of regularly showing higher upfront fares to riders than it does to drivers, and then pocketing the difference in addition to taking its usual cut from the driver. ...
Wells Fargo claws back another $75m from former bosses image
Source : BBC [Read Article] Monday 10th of April 2017 04:30:05 PM
.... A full and fair examination of the facts will produce a different conclusion," said Enu Mainigi of law firm Williams & Connolly. The bank was fined $185m by regulators last year and has paid $110m to settle a lawsuit brought by customers. ...
Wells Fargo takes back $75m from ex-executives after fake accounts scandal image
....The report also says that problems in the bank’s sales culture date back to at least 2002 – far earlier than what the bank had previously said – and that Stumpf knew about sales problems at a branch in Colorado since at least that year. The bank has already paid $185m in fines to federal and local authorities and settled a $110m class-action lawsuit. ...
America owes China $1tn. That’s a problem for Beijing, and Trump knows it image
.... “The US position in these trade negotiations is strengthened by international trade law, and by China’s systematic violation of obligations under World Trade Organisation rules. The US has scope to open, and win, lawsuits against China at the WTO, a point not lost on both leaders. ...
Trump's Keystone XL pipeline plan faces legal challenge image
Source : BBC [Read Article] Thursday 30th of March 2017 08:36:29 PM
....The 1,180-mile (1,900km) pipeline will carry tar sands oil from Canada to refineries on the Texas coast. A lawsuit filed in Montana by a coalition of groups says more environmental scrutiny is required. ...
US bank Wells Fargo agrees $110m lawsuit settlement image
Source : BBC [Read Article] Wednesday 29th of March 2017 12:09:51 AM
. US bank Wells Fargo has agreed to pay $110m (£88m) to settle a lawsuit brought by customers who had accounts opened in their name without their permission. ...
Tesco to pay £129m fine over accounting scandal image
Source : Guardian [Read Article] Tuesday 28th of March 2017 07:16:54 AM
....Bruno Monteyne, an analyst at Bernstein, said: “Tesco has now settled three out of the four challenges [relating to the scandal] – US investors, the SFO and the FCA. “That leaves one more issue from the past to be dealt with: possible lawsuits by European-based investors. ...
'Bond King' Bill Gross settles Pimco feud for $81m image
Source : BBC [Read Article] Monday 27th of March 2017 10:01:31 PM
....In the statement, Pimco said it recognised the "enormous contribution to its success" from Mr Gross and other co-founders. Mr Gross, who moved to rival Janus Capital in 2014, also repeated that his lawsuit had never been about money. ...
Up in smoke: the VW emissions  ‘fix’ has left our car undriveable image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:03 AM
....All this will only heap more pressure on VAG to end what critics say is a culture of denial, and to start compensating affected owners. This week it emerged that more than 35,000 motorists have joined a class action lawsuit against VW in England and Wales over the emissions scandal. ...
Thousands join UK legal case against VW over emissions scandal image
Source : Guardian [Read Article] Monday 20th of March 2017 10:27:25 AM
. More than 35,000 motorists have joined a class action lawsuit against VW in England and Wales over the emissions scandal. ...
Yahoo chief executive Marissa Mayer could land $23m payout image
Source : BBC [Read Article] Tuesday 14th of March 2017 03:22:07 PM
....7bn) last month as a result of the cyber-attacks suffered by Yahoo. The company still faces lawsuits relating to the breach. ...
Vibrator maker ordered to pay out C$4m for tracking users' sexual activity image
....Sex toy maker We-Vibe has agreed to pay customers up to C$10,000 (£6,120) each after shipping a “smart vibrator” which tracked owners’ use without their knowledge. Following a class-action lawsuit in an Illinois federal court, We-Vibe’s parent company Standard Innovation has been ordered to pay a total of C$4m to owners, with those who used the vibrators associated app entitled to the full amount each. ...
VW diesel compensation stalls in UK image
Source : BBC [Read Article] Monday 13th of March 2017 11:52:52 AM
....Under the terms of a $10bn settlement with the Federal Trade Commission, VW agreed to buy back or repair all of the affected vehicles, and provide their owners with a cash sum of at least $5,000. Buyers in Canada received a similar settlement, but only after taking out a class action lawsuit against the company. ...
Yahoo boss Marissa Mayer loses millions in bonuses over security lapses image
Source : Guardian [Read Article] Thursday 2nd of March 2017 01:24:37 AM
.... That deal was reached last July, two months before Verizon and the rest of the world learned about Yahoo’s lax security. More than 40 lawsuits also have been filed seeking damages for the breaches. ...
Police say they were 'authorized by McDonald's' to arrest protesters, suit claims image
. Police claimed they had “authorization from the president of McDonald’s” to arrest protesting fast food workers, according to a civil rights lawsuit filed on Wednesday against the city of Memphis, Tennessee. ...

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