Supreme Court class action News

Supreme Court Backs Goldman Sachs Escape from Securities Class Action

The U.S. Supreme Court on Monday handed a victory to Goldman Sachs Group Inc. in its bid to avoid an investor class action lawsuit accusing the bank of hiding conflicts of interest when creating risky subprime securities before the 2008 …

Supreme Court Gives Business Another Victory on Arbitration, Class Actions

In a decision that could further help companies limit damages in disputes with workers, the U.S. Supreme Court on Wednesday ruled against a California man who was the victim of an online scam and sought to bring claims against his …

Supreme Court Allows Class Action in Closely-Watched Moldy Washer Cases

The U.S. Supreme Court let consumers press ahead with class action lawsuits claiming that washing machines made by Whirlpool Corp. developed a smelly buildup of mold. The justices today turned away appeals from Whirlpool in a case filed by Ohio …

A Wary Supreme Court Allows Facebook’s $9.5M Privacy Settlement

The U.S. Supreme Court on Monday let stand Facebook Inc.’s $9.5 million class action settlement over allegations the social networking company’s defunct “Beacon” service violated its members’ privacy rights. Although the court declined to hear the case, Chief Justice John …