News about Levi & Korsinsky, Llp

Levi & Korsinsky, Llp

55 Broadway, New York, NY 10006

Seventh Circuit: Walgreens, shareholder settlement little more than $370K payday for lawyers

By Jonathan Bilyk | Wednesday, Aug 10, 2016 @ 4:42pm

Calling the lawsuit an example of a “racket” aimed at merging companies, a federal appeals panel in Chicago has tossed out a settlement intended to end a shareholder class action brought over the Walgreens Boots Alliance merger, saying the lawsuit and related settlement did nothing more than contribute a quick $370,000 payment to the plaintiffs’ lawyers.
Say cheese: Class actions begin to pile up vs Kraft, Walmart over Parmesan cheese contents

By Dana Herra | Tuesday, Mar 1, 2016 @ 11:27am

Class action lawsuits against Kraft Heinz and Walmart have begun to accumulate in the aftermath of a February news investigation turned up evidence of wood-based fillers in the companies’ grated Parmesan cheese products.