Novo Nordisk Settles U.S. Securities Class Action Litigation for $100 Million
Category: Civil Plaintiff | September 27, 2021
Novo Nordisk, one of the world’s top three manufacturers of insulin, agreed to pay $100 million to settle a 2017 investor suit that alleged the company failed to disclose that it was under the same pricing pressures as its competitors. … Continue reading
The Advertising Giant WPP Agrees to Pay $19 Million to the SEC
Category: Civil Plaintiff | September 27, 2021
Global advertising giant WPP on Friday reached a more than $19 million settlement with the Securities and Exchange Commission (SEC) to resolve charges of violating the Foreign Corrupt Practices Act (FCPA). WPP must pay $10.1 million in disgorgement, an $8 … Continue reading
Wayne Bland Looks to Future Diversity in Wealth Management After a $34 Million Edward Jones Settlement
Category: Civil Plaintiff | September 24, 2021
Wayne Bland closed one chapter of his story when a federal court approved a $34 million settlement of a class action bias claim against Edward Jones & Co. this summer. But the challenges for Bland and other minority financial advisors are not … Continue reading
JPMorgan Will Pay $15.7 Million in a Spoofing Settlement
Category: Civil Plaintiff | September 24, 2021
JPMorgan Chase & Co agreed to pay $15.7 million in cash to settle a class action lawsuit by investors who accused the largest U.S. bank of intentionally manipulating prices of U.S. Treasury futures and options. The settlement disclosed late Wednesday … Continue reading
Flutter Entertainment Will Pay $300 Million to Settle a Kentucky Lawsuit
Category: Civil Plaintiff | September 22, 2021
PokerStars owner Flutter Entertainment has agreed to pay a $200m settlement to the Commonwealth of Kentucky, bringing an end to the long-running legal dispute between the two. Flutter will also pay an additional $100m previously forfeited to the Commonwealth as … Continue reading
Luckin Coffee Settles With Investors for $187.5 Million
Category: Civil Plaintiff | September 22, 2021
Luckin Coffee has settled a US class action lawsuit, resolving some US investors’ claims against the company, which admitted in April 2020 to fabricating $310 million in sales. Settlement amounts will be calculated based on a global settlement of $187.5 million, … Continue reading
New Year. New CLE. New Venue: The 2022 Trial Lawyers Summit
Category: Blog | September 20, 2021
Are you ready for a new year, new CLE, and a new venue? Then join us at the 2022 Trial Lawyers Summit, presented by The National Trial Lawyers, held on January 30 – February 2, 2022, at the Fontainebleau Miami … Continue reading
Chicken Consumers May Be Eligible for a $181 Million Settlement
Category: Civil Plaintiff | September 20, 2021
A class action called “Broiler Chicken Antitrust Litigation” is pending in the United States District Court and that could mean money for you if you have bought chicken in the past 11+ years. Plaintiffs, on behalf of chicken consumers, allege … Continue reading
A California Apartment Complex Settles a Lawsuit Over Living Conditions for $4 Million
Category: Civil Plaintiff | September 20, 2021
Attorneys representing former residents of the Grand View Apartments in Paso Robles say they’ve reached a $4 million settlement after filing a lawsuit over the living conditions at the complex. The 54-unit complex on Spring Street was infested with roaches … Continue reading
The Ohio AG Announces an $808 Million Opioid Settlement
Category: Civil Plaintiff | September 17, 2021
The three largest opioid distributors, Cardinal, McKesson and AmerisourceBergen, have signed a $808 million settlement with Ohio, putting the state at the front of the line to receive monetary relief for communities impacted by addiction and the opioid crisis. Ohio … Continue reading