Top News

Fisker investors class action: Bankers duped them into pouring funds into failed electric car biz

Scott Holland Nov. 28, 2016, 1:00pm

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

Jonathan Bilyk Feb. 10, 2016, 6:36pm

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.