class action News
Lawsuit Against Silicon Valley Hiring Practices Gets Class-Action Status
A U.S. judge accorded class-action status to a lawsuit that alleges broad conspiracy among major Silicon Valley companies to suppress employee compensation by not poaching each other's employees, a ...
Meadowbrook Says Class Action Without Merit
Acknowledging that class actions are often launched against public companies that experience stock drops, Meadowbrook Insurance Group nonetheless issued a press statement on Thursday to respond to a ...BP Asks Judge to Deny Investor Class-Action Against Company, Officers
BP Plc asked a federal judge to deny U.S. investors the right to pursue a class action, or group, lawsuit claiming the company misled them before and after the 2010 Gulf of Mexico oil spill. The ...
U.S. Justices Clamp Down On Class Actions In AMEX Case
The U.S. Supreme Court delivered its latest blow to class action lawsuits on Thursday when it enforced an arbitration agreement that prevents merchants from banding together to make antitrust claims ...
Copyright Owners Blocked from Suing Google’s YouTube in Class Action
A U.S. judge on Wednesday denied class-action status to copyright owners suing Google Inc. over the use of material posted on YouTube without their permission. U.S. District Judge Louis Stanton in ...Ohio Pension Fund Files Suit Against Banks Alleging CDS ‘Conspiracy’
A U.S. pension fund has initiated a class action lawsuit against a group of the world's largest banks, accusing them of "conspiring" to scuttle competition in the $27 trillion credit default swap ...