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Investors allege company downplayed concerns about how aircraft de-icer hampered internet signal for Gogo's new 2Ku global satellite system.
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The appeals judges said a federal district judge was wrong to dismiss dozens of lawsuits against the sellers of shelf-stable Parmesan cheese simply because the ingredients on the label explicitly included the cellulose many sellers included as a filler and anti-caking agent.
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A federal judge has grounded a putative class action suit vs in-flight Internet provider Gogo, saying the plaintiffs failed to show company officials knew the gravity of a hardware problem when they made sunny statements to investors.
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A federal judge has ordered a group of lawyers to return more than $300,000 in fees they received under a settlement of a shareholder lawsuit they brought against drug manufacturer Akorn, as the judge said the lawsuit amounted to little more than another example of the “racket” of “worthless” shareholder class actions.
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A Chicago federal judge has partially melted a group of class actions against Kraft, Walmart, Jewel Food, Target and others, which alleged the companies misled consumers as to the purity of grated Parmesan cheese by including hidden cellulose filler, finding labels may have promised unadulterated product, but cellulose was nonetheless listed as an ingredient on those labels.
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A federal judge says a group of lawyers must demonstrate why they should be allowed to collect more than $300,000 in attorney fees for their work representing clients who withdrew a potential class action against generic drug manufacturer Akorn Inc. over its attempted sale to German pharmaceutical company Fresenius.
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A federal judge in Chicago has shredded, for now, a block of class action lawsuits that piled up last year against Kraft, Walmart, Target, the parent company of Jewel Food Stores and others over the contents of their grated Parmesan cheese, saying he did not believe the plaintiffs could prevail in asserting the containers of “100 percent” cheese were deceptively marketed.
