The U.S. Supreme Court on Monday imposed new curbs on securities class action lawsuits filed by investors against publicly traded companies while declining to overturn a key precedent that favors plaintiffs in such cases. The court held on a 9-0 …
The four largest U.S. railroad companies won their bid to reverse a ruling that turned a price- fixing lawsuit against them by shippers into a group lawsuit with potential damages of at least $10 billion. A three-judge panel of the …
The U.S. Supreme Court on Wednesday ruled in favor of Comcast Corp. in an antitrust case over how much it charged cable TV subscribers, further curtailing the ability of people to pursue class action lawsuits. In a 5-4 decision, the …
The U.S. Supreme Court considered appeals by Comcast Corp. and Amgen Inc. that could help determine what kind of evidence must be presented before companies may be the subject of class-action lawsuits. Monday’s complex arguments gave the court a new …
The U.S. Supreme Court has agreed to review close to 40 cases in its new term that begins on Monday, roughly half the number the court is expected to hear this year. Below are some of the more prominent cases …
A U.S. judge has certified a class action lawsuit against Costco Wholesale Corp. over allegations of gender discrimination in the store’s promotion practices. Three women plaintiffs say Costco’s promotion system has a disparate impact on women employees who seek advancement …
A U.S. judge rejected Wal-Mart Stores Inc.’s request to dismiss a gender discrimination case filed in California, but said he would rule later about whether the women plaintiffs had enough evidence to be certified as a class. The ruling on …
