class action lawsuits News

Australia’s CBA Threatened with Large Class Action over Money Laundering Charges

A law firm threatened on Wednesday to file a class action suit against Commonwealth Bank of Australia for allegedly failing to disclose that it was facing money-laundering charges, in the latest headache for Australia’s biggest listed company. Without revealing its …

Uber to Pay $28M to Settle Claims over Its ‘Safe Rides Fee’

Uber Technologies Inc. said it will pay $28.5 million to settle claims that a $1 “safe rides fee” charged to riders was misleading because its background checks on drivers aren’t as rigorous as the company advertised. The company said in …

2,000 Corn Farmers, Handlers, Exporters Sue Syngenta

About 2,000 farmers, grain handlers and corn exporters have filed lawsuits against Swiss biotechnology company Syngenta now that a federal judge has ruled their cases have merit to move forward. The lawsuits allege Syngenta’s introduction of a new genetically modified …

Illinois’ Madison County a Center for Asbestos Lawsuits

Few of the tourists who drive old Route 66 through this rural Illinois town are aware of its true economic engine: a booming business in asbestos lawsuits that attracts law firms from across the country. Since 2005, those lawsuits have …

Class Action Lawsuits Bill Advanced in Oregon House

The state House has approved a measure changing the way Oregon handles class-action lawsuits. Two Republicans joined all Democrats present in approving the measure 35-22 on Monday. The Republicans were Julie Parrish of West Linn and Vic Gilliam of Silverton. …

Kansas Court Ruling on Drivers Applies to Old Practice, FedEx Says

FedEx Corp. said a ruling by the Kansas Supreme Court that, under state law, its drivers are employees rather than independent contractors applies to a business practice it hasn’t been using since 2011. The company said in a statement posted …

Supreme Court Insurance Ruling a Setback for Class Action Claimants

The U.S. Supreme Court on Tuesday ruled that a homeowner seeking to sue his insurer could not file suit in a state court considered friendly to plaintiffs. In a unanimous ruling that marks a setback for lawyers who file certain …

Supreme Court Nixes Bid to Bypass Federal Court on Class Actions

A plaintiff seeking class action status for a claim may not bypass federal court for a friendlier state court by agreeing to cap damages below the $5 million threshold for cases federal law says companies have a right to be …

Attorney’s Advice to Insurers on Reducing Class Action Exposure Post-Sandy

A veteran attorney who spent several years defending insurance companies in lawsuits from Hurricane Katrina is offering advice to insurers on class action and bad faith exposure post-Sandy. Insurers will be denying claims where flood is not covered by their …

Securities Class Actions Steady in 2011; Surge Against Chinese Firms

The pace of filings of class actions under federal securities and commodity laws held relatively steady in 2011 as compared to the previous three years, according to a new report. But there has been a substantial shift in the composition …