A UK court blocked a class action lawsuit over allegations of the under reporting of sewage leaks by six water companies including the debt-laden Thames Water Ltd. The UK’s Competition Appeal Tribunal dismissed the lawsuit that alleged the six water …
Mastercard Inc. unfairly reduced a £10 billion ($12.6 billion) class action case to a settlement of just £200 million, according to the firm that funded the lawsuit. The credit-card company “skillfully maneuvered” claimant Walter Merricks and his lawyers by offering …
The UK’s push to deregulate its way to growth has got veterans of the last financial crisis worried that it’s sowing the seeds for another crash. Labour, for decades the political party that favored taming the City of London, now …
The UK announced fresh sanctions targeting alleged “lynchpins” that enable the trade of Russian oil, along with 20 “shadow fleet” vessels. The financial curbs on oil trading firms, 2Rivers DMCC and 2Rivers Pte Ltd. will clamp down on Russia’s oil …
Meta Platforms Inc. failed in a bid to challenge a class action suit in the UK that alleged Facebook abused its dominant position and exploited its users personal data. The UK’s Court of Appeal refused to permit Meta and Facebook’s …
When YouTube blocked three Russian channels it said were controlled by sanctioned supporters of Vladimir Putin’s invasion of Ukraine, the US video company thought any disputes would be resolved in courts in California and England. It couldn’t have been more …
One of the UK’s top insurers is accused of using a team of “recruiting sergeants” to poach talent from a rival that led to mass resignations in Brazil and London. Aon UK Ltd. sued Howden Group Holdings Ltd. in the …
Banks in the UK are embroiled in the highest number of lawsuits in a decade in a trend that shows no sign of slowing down. Almost three new cases involving financial services firms were filed every day on average at …
Apple Inc. unfairly fired an employee for making racist comments that were part of a toxic workplace culture at one of its London stores, according to a UK court ruling. Apple’s investigation, before firing Timothy Jeffries who worked as a …
London judges ruled a class action lawsuit to proceed against Google potentially seeking billions of pounds in damages over allegations it abused its dominance in digital advertising. The UK’s Competition Appeal Tribunal unanimously allowed the collective proceedings against the tech …
