-
20 votes
-
Riding the storm: Turning to non-admitted US insurers amid natural disasters and policy perils
11 votes -
Murdoch family US legal fight over trust could change the future direction of Fox News (gifted link)
46 votes -
How a major bank cheated its customers out of $2 billion, according to a new US federal lawsuit
21 votes -
US Justice Department files amended complaint in rent price fixing lawsuit. Landlords colluded directly.
43 votes -
Three of the biggest US banks are facing a lawsuit for ‘widespread fraud’ on Zelle
32 votes -
US DOJ sues Visa, alleges the card issuer monopolizes debit card markets
39 votes -
Navient reaches $120 million settlement with Consumer Financial Protection Bureau for misleading US student loan borrowers
21 votes -
US appeals court blocks all of Joe Biden's SAVE student debt relief plan
45 votes -
The Tesla party was fun; now comes the lawsuit driven hangover
24 votes -
Elon Musk accused of massive insider trading at Tesla in shareholder lawsuit
35 votes -
Exxon Mobil is suing its shareholders to silence them about global warming
33 votes -
Two US Securities and Exchange Commission lawyers resign after agency censured for abuse of power in crypto case
12 votes -
Panama Papers: trial begins of twenty-seven Mossack Fonseca employees
26 votes -
Visa, Mastercard settle long-running antitrust suit over swipe fees with merchants
20 votes -
After the Honduran president repealed a law granting unfettered authority to outside investors, investors took the dispute to a World Bank arbitration court
13 votes -
US Federal Trade Commission and eight states sue to block supermarket merger between Kroger and Albertsons
37 votes -
Squishmallows vs. Build-A-Bear, the cutest legal scuffle ever, is heating up
22 votes -
US companies including Elon Musk’s SpaceX and Starbucks are using new legal playbook against unions, experts say
30 votes -
A banking relationship, dementia and a loss of $50 million dollars lead to a US lawsuit against JP Morgan
3 votes -
US real estate agents compensation challenged in suit from Joe Biden Department of Justice
12 votes -
ILWU dockworkers union files for Chapter 11 bankruptcy protection
8 votes -
New York judge orders cancellation of Donald Trump and family members business licenses in New York State
84 votes -
JPMorgan to pay $75 million in settlement involving Jeffrey Epstein
11 votes -
Size of McKinsey consulting firm opioid settlement increased by $230 million
10 votes -
New York City pension funds sue Fox Corporation Board for breach of fiduciary duty in connection with defamatory broadcasts
21 votes -
Two former executives of a Swedish oil company have gone on trial in Stockholm, accused of complicity in war crimes in Sudan
11 votes -
US Virgin Islands lawsuit against JP Morgan: USVI says JPMorgan notified Treasury of more than $1 billion in suspicious Jeffrey Epstein transactions after he died
22 votes -
The wallet event: Crypto startup company tells bankruptcy judge it has lost the password to a 38.9 million dollar physical crypto wallet
17 votes -
Apollo sued over $570m tax payout to top US executives. Pension fund says windfall for private equity titans is unjustified.
9 votes -
Permanent US injunction and $650,000 civil penalty imposed on Experian Consumer Services for allegedly sending commercial emails
15 votes -
US Supreme Court temporarily blocks $6 billion Purdue Pharma-Sackler bankruptcy
28 votes -
Stocks in a class action window
So, if I have stocks that were purchased during the class window of a class action lawsuit, is it okay for me to sell them? It's not a large amount of money at stake here, but it'd also be nice to...
So, if I have stocks that were purchased during the class window of a class action lawsuit, is it okay for me to sell them?
It's not a large amount of money at stake here, but it'd also be nice to be able to recoup some of the losses I had due to the misleading information that caused me to buy the stock and ive filled out the forms but they didnt say anything about future actions just asked when i bought or sold any at the time of the suit. I am not sure if it's okay to sell them or if I should hold them.
Any one have recommendations? This is US stock exchange, and if I did sell they'd be at a loss and I have sold other stocks at profit so I would be looking at capturing the losses on my taxes.
3 votes -
Judge delays rollout of New York's delivery worker minimum wage law
20 votes -
Australia's Royal Commission into the Robodebt Scheme has released its report. It describes the Scheme as "an illconceived, embryonic idea and rushed to Cabinet".
Royal Commission into the Robodebt Scheme https://www.aph.gov.au/Parliamentary_Business/Tabled_Documents/2743 Some summary quotes: From the Preface: It is remarkable how little interest there...
Royal Commission into the Robodebt Scheme
https://www.aph.gov.au/Parliamentary_Business/Tabled_Documents/2743
Some summary quotes:
From the Preface:
It is remarkable how little interest there seems to have been in ensuring the Scheme’s legality, how rushed its implementation was, how little thought was given to how it would affect welfare recipients and the lengths to which public servants were prepared to go to oblige ministers on a quest for savings. Truly dismaying was the revelation of dishonesty and collusion to prevent the Scheme’s lack of legal foundation coming to light. Equally disheartening was the ineffectiveness of what one might consider institutional checks and balances – the Commonwealth Ombudsman’s Office, the Office of Legal Services Coordination, the Office of the Australian Information Commissioner and the Administrative Appeals Tribunal – in presenting any hindrance to the Scheme’s continuance.
From the Conclusion:
The report paints a picture of how the Robodebt Scheme (the Scheme) was put together on an illconceived, embryonic idea and rushed to Cabinet. If ever there were a case of giving an unproportion’d thought his act, this was it.
The application of [public interest] immunity has also limited the Commission’s ability to reveal the entirety of the documentation concerning how the original proposal which became Robodebt, was passed and what was put to Cabinet thereafter. The salient points have been able to be made, but large parts of the relevant ministerial briefs, materials put before Cabinet and Cabinet minutes themselves have not been able to be revealed.
One of the questions in the Terms of Reference is when the Australian Government knew or ought to have known that debts were not, or may not have been, validly raised. [...] Some DHS senior executives always had that knowledge; some DSS senior executives must have suspected it, at least by 2016. As to members of the Government, one Minister, Mr Morrison, took the proposal to Cabinet, knowing that it involved income averaging and that his own Department had indicated that it would require legislative change, but on the basis of the contrary indication in the NPP checklist, proceeded without enquiring as to how the change had come about.
And... this ticking time-bomb from the covering letter:
I have provided to you an additional chapter of the report which has not been included in the bound report and is sealed. It recommends the referral of individuals for civil action or criminal prosecution. I recommend that this additional chapter remain sealed and not be tabled with the rest of the report so as not to prejudice the conduct of any future civil action or criminal prosecution.
Some news articles:
20 votes -
RICO lawsuit targets Credit Suisse
7 votes -
US Securities and Exchange Commission sues Coinbase over exchange and staking programs, stock drops 12%
6 votes -
Elon Musk is accused of insider trading by investors in Dogecoin lawsuit
13 votes -
The ugly truth behind “We buy ugly houses”
10 votes -
CFTC is suing Binance, CEO Changpeng Zhao
4 votes -
New Yorkers never came ‘flooding back.’ Why did rents go up so much?
18 votes -
Iceland Foods has lost its ongoing legal battle with the country Iceland over the frozen food retailer's trademark name after the EUIPO dismissed its appeal
7 votes -
I fought the PayPal and I won
8 votes -
Insurers force change on US police departments long resistant to it
8 votes -
Federal Trade Commission sues Walmart for facilitating money transfer fraud that fleeced US customers out of hundreds of millions
9 votes -
US FTC sues to stop “deceptive” TurboTax “free” ad campaign
22 votes -
Washington state capital gains tax already faces a lawsuit
7 votes -
Prosecutors in Denmark have charged three Britons and three Americans with defrauding the Danish treasury of more than 1.1bn kroner through a German bank
7 votes -
Lego wins design patent case against German company at EU court – critics say the firm is using its heft to crush competition
6 votes -
Antivirus software creator John McAfee indicted on cryptocurrency fraud charges
12 votes