Facing a class-action complaint potentially worth hundreds of millions of dollars, a group of investment bankers accused of misleading investors into pouring funds into a failed electric car venture – described as “the largest venture capital-backed debacle in U.S. history” - have taken the litigation to federal court.
Judge poised to OK $10 million deal ending asst managers' class actions vs Dick's Sporting Goods; attorneys to get one third
A federal judge in Boston has signaled he will sign off on a $10 million settlement agreement to end class action lawsuits against Dick’s Sporting Goods, including one brought in Chicago federal court, alleging the retailer cheated employees out of overtime pay by labeling them assistant managers. Attorneys for the plaintiffs are poised to receive one-third of the settlement amount.
Judge clears nationwide lawsuit to proceed vs Rustoleum over 'latent defects' in Restore deck products
A federal judge has given the green light to a class action against the makers of Rustoleum, saying, to this point, the plaintiffs in the nationwide warranty and consumer fraud litigation over “latent defects” in the Restore deck restoration product have produced enough evidence and legal precedent to move forward with their case.
Flight attendants wage, hour class action vs Skywest moved to Chicago federal courts, to join already pending action
A class-action lawsuit claiming SkyWest Airlines systemically underpays its flight attendants was transferred Dec. 9 from a federal court district in California to Chicago federal court, joining a virtually identical class action already pending against the airline in the U.S. District Court for the Northern District of Illinois.