Volkswagen to Settle UK ‘Dieselgate’ Class Action for $242 Million May 26, 2022 By Katharine Gemmell Volkswagen settled its UK class action lawsuit for £193 million ($242 million) with more than 90,000 drivers impacted by the...
Hedge Funds Turn Lawsuit Bets Into a $39 Billion Industry November 16, 2021 By Ellen Milligan and Katharine Gemmell Hedge funds, private equity and sovereign wealth funds are piling billions into the outcome of high stakes court cases at...
Class Action Suit Filed Against S. Africa’s Tiger Brands After Deadly Listeria Outbreak April 2, 2018 A class action lawsuit was filed on Thursday [March 29] against South Africa’s Tiger Brands, after one of the company’s...
S. Africa Class Action Planned Against Food Producer Tiger Brands After Listeria Outbreak March 12, 2018 By Ed Stoddard A human rights lawyer plans to launch a class action lawsuit against South African food producer Tiger Brands on behalf...
Trump Signs Order Curbing Consumer Class Actions Against Banks November 2, 2017 By Lisa Lambert President Donald Trump signed a Congressional resolution on Wednesday that lets banks block customers from filing class action lawsuits, partly...
Equifax, Wells Fargo May Still Face Class Actions Despite Wall Street Arbitration Win October 26, 2017 By David Henry and Dan Freed Not every financial firm will be able to reap the benefit of Wall Street’s victory in dismantling the threat of...
Congress Kills Obama Ban on Forced Arbitration in Battle Against Class Actions October 25, 2017 By Lisa Lambert Banks, credit card issuers and other financial companies will be able to block customers from banding together to sue over...
Trump Seeks 18 Month Delay, Rewrite of Parts of Fiduciary Rule August 10, 2017 The Trump administration is moving to further delay part of an Obama-era rule to require brokers who offer retirement advice...
Class Action Settlements Topped $3 Billion in 2015: Cornerstone Research March 31, 2016 There were 80 securities class action settlements approved in 2015, the highest number since 2010, and total settlement dollars rose...
Supreme Court Term Could Be Big for Business October 5, 2015 By Lawrence Hurley Big business is urging the U.S. Supreme Court to curb class action litigation in a series of cases that dominate...