class action lawsuits News

UK Court Approves $14 Billion-Plus Class Action Against Mastercard

A London court on Wednesday approved a 10 billion pound-plus ($14 billion-plus) class action against global payments processor Mastercard that claimants said could entitle 46 million British adults to roughly 300 pounds each if it is successful. The Competition Appeal …

British Airways Settles Class Action with 2018 Data Breach Victims

British Airways has settled a case brought by customers and staff affected by a massive 2018 data breach that led to personal information being leaked, the court-appointed lead solicitors in the case said on Tuesday. Law firm PGMBM said those …

Australia Weighs Capping Fees for Litigation Funders, Lawyers as Class Actions Surge

SYDNEY – Australia is considering capping fees for litigation funders and lawyers, and guaranteeing a minimum rate of return for plaintiffs, in its latest clamp down on the industry following a surge in costly class action lawsuits. Australia’s government last …

China Launches 1st Class-Action Lawsuit as Regulators Vow to Fight Accounting Fraud

SHANGHAI – China launched the country’s first class-action lawsuit against a listed company on Friday, targeting Kangmei Pharmaceutical Co, as regulators vowed “zero tolerance” against accounting fraud and other capital markets “tumors.” The China Securities Investor Service Centre (CSISC), a …

Mastercard Battles Attempts to Expand Scope of $19B Class Action in UK

LONDON – Mastercard, a global payment processor, is battling attempts to add about 14 million deceased people to a 14 billion pound-plus ($19.3 billion) British class action in an effort to limit the scope of the historic case. A Mastercard …

Mastercard Faces $18.6B Class Action in UK

Mastercard Inc. faces the prospect of a 14 billion-pound ($18.6 billion) UK class action — the largest of its kind — after losing another battle at the country’s highest court over illegal swipe fees. The Supreme Court ruled in favor …

Students Seek Refund of Tuition, Fees from Georgia’s University System Amid Pandemic

Students who took online classes at the University of Georgia and the Georgia Institute of Technology due to the pandemic are now seeking a return of some tuition and fees. The students filed two class-action lawsuits this month, The Atlanta …

Australia Clamps Down on Litigation Funders Following Surge in Class Action Lawsuits

The Australian government is tightening regulatory scrutiny of wealthy litigation funders, clamping down on the industry following a surge in costly class action lawsuits. Treasurer Josh Frydenberg said on Friday that litigation funders will be required to hold an Australian …

NiSource Settles Massachusetts Gas Explosion Lawsuits for $143M

Utility operator NiSource Inc on Monday said it will pay $143 million to resolve class action lawsuits brought by residents and businesses that suffered losses caused by a series of gas explosions in three Massachusetts communities last year. NiSource and …

California Judges Target Class Actions That Benefit Lawyers Over Consumers

Federal judges in California are cracking down on warped incentives in class-action lawsuits, exerting tighter oversight of settlements that provide hefty fees for plaintiff lawyers but no meaningful benefit for those harmed by corporate misdeeds. A recent example was the …