Yahoo will pay approximately A $117 million to settle a lawsuit over multiple data breaches. The lawsuit alleged that the company negligently disclosedĀ users' personal information, including email addresses, phone numbers, dates of birth, other account information, as well as...
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Category: Class Actions
Federal Court certifies $891 million class action lawsuit against Community Health Services after appeals court revives case
The U.S. District Court for Middle Tennessee has certified an $891 million class action filed in 2011 against Franklin-based Community Health Systems for an alleged Medicare fraud scheme. In a detailed Memorandum opinion, Federal Judge Eli Richardson set forth in detail the facts upon which he relied for the certification. Memorandum of...
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AbbVie Sued in Class Action for Shielding Humira from Competition in The United States Until 2023 Using 136 Patents
Drugmaker giant, AbbVie, is facing a putative class-action lawsuit for its use of 136 patents on its drug Humira, which effectively protects it from competition until 2023. This complaint followed harsh criticism of AbbVie CEO, Richard Gonzalez, for the companyās strategic use of patents and high drug prices by the Senate Finance Committee...
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Steven Cohen, SAC Capital agree to pay $135 million to settle class action suit regarding insider trading
Steven A. Cohen, billionaire and former hedge fund SAC Capital Advisors CEO agreed to a $135 million class-action settlement . The total legal costs tied to SAC insider-trading cases is $2 billion.The $135 million will be paid to investors in Elan Corp., now a part of PerrigoCo. In 2013, SAC agreed to...
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Fan Duel and Draft Kings hit with 40 class actions
Over 40 separate class-action lawsuits have been filed against fantasy sports sites Fan Duel and Draft Kings, alleging the two sites fraudulently coerced players into an illegal gambling scam.
Most of the suits assert consumer fraud and false advertisement Plaintiffs are seeking reimbursement for lost fees paid to...
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New class action seeks to stop forcing homeowners to pay for costly “force-placed insurance”
When you obtain a home mortgage, you are required to obtain hazard insurance on the property and if you let this insurance lapse, the mortgage servicer can get its own insurance coverage which is often much more expensive and the home owner must pay!
However, recent lawsuits allege and have revealed that "forced-place insurance" actually...
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Manny Pacquiao, handlers sued for failing to disclose shoulder injury
A class action lawsuit has been filed against Manny Pacquiao and his handlers seeking damages for anyone who paid to watch his fight with Floyd Mayweather Jr. because he failed to disclose his shoulder was injured. The suit was filed Tuesday in federal court in Las Vegas on...
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Class action against Walgreen’s says herbal supplements bogus
A class-action suit against the Walgreen's Drug Store chain, claims the stores sell herbal supplements that actually contain such substances as rice, tropical houseplant and material originating in the daisy family. The suit claims the New York attorney general issued cease and desist letters to the chain on Feb. 2. The letter...
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Takata faces $14,000 a day fines from Uncle Sam on air bag defects
Air ban maker Takata will be fined $14,000 a day by the U.S. Department of Transportation if it doesn't comply with a federal investigation of its defective and potentially fatal airbags.Those fines will increase each day that Takata doesn't cooperate with two orders by the National Highway Traffic Safety Administration requiring the manufacturer to...
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First football concussion class action lawsuit filed for high school students
A class action, the first of its kind for football related concussions has been filed against the Illinois State High Athletics Association.The class sought by the lawsuit includes every high school player in the Illinois state association from 2002 to the present. The only lead plaintiff in the class at the...
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