In a noteworthy legal development, Judge Paul A. Crotty of the United States District Court for the Southern District of New York recently ruled on a motion for reconsideration in a securities class action. The case, Kasilingam et al. v. Tilray Inc., et al., No. 1:20-cv-03459, involves a pharmaceutical and cannabis company, along with certain…
On August 25, 2023, a significant ruling emerged from the United States District Court for the District of New Jersey. The case was a putative class action asserting claims under the Securities Exchange Act against a company that supports and operates blockchain technologies, as well as certain of its executives and investors. The case, known…
Law.com’s recent class action briefing, Critical Mass, touched upon significant legal stories of the week, notably the impressive $725 million class action settlement surrounding Facebook’s Cambridge Analytica scandal. The piece, penned by Amanda Bronstad, reported that the case has accumulated over 17 million claims. The astronomical figure clearly left an impact on the presiding federal…
Norton Rose Fulbright, leading global law firm, has selected esteemed class action litigator Jennifer Teskey as its new Canadian Managing Partner. Teskey will assume the role on January 1, taking over from current Managing Partner, Charles Hurdon. Teskey brings with her an impressive record of legal work, particularly in class action litigation. This move is…
In a recent decision, the Massachusetts Appellate Court vacated a grant of summary judgment in favor of an employer, contending that a class action lawsuit — filed by employees alleging failure to receive ‘Sunday pay’ — was improperly dismissed. The plaintiffs are employees from Bella Sante, a local spa and salon. Their claim is primarily…
The founding fathers of the United States may have tried their best to enshrine the division of church and state into the fabric of the nation, but such principles occasionally seem distant in contemporary law practice. An intriguing example emerges from the decidedly conservative Fifth Circuit, where justices have entered into a spirited offset over…
In an emerging trend within the digital assets law arena, non-fungible tokens (NFTs) may be underpinning the next wave of lawsuits seeking their classification as a security. Miami attorney Adam Moscowitz, from the Moscowitz Law Firm, has expanded on a class action against NBA star Shaquille O’Neal and entities under Astrals LLC. The lawsuit centres…
Ana and Arturo Agaton, two former clients of Tom Girardi, have taken a stance against the California State Bar. The Agatons are accusing the lawyer regulation agency and its previous heads of maintaining a “incestuous relationship” with disgraced attorney Girardi, a connection which they argue enabled him to misappropriate millions of dollars from his victims….
In a recent turn of events in the legal landscape of cryptocurrency, the Southern District of New York dismissed claims against a decentralized cryptocurrency trading platform. The allegations were brought forward in a putative class action, aiming to hold the platform and some of its investors liable for purportedly fraudulent transactions executed on the platform….
In a landmark decision on August 10, 2023, the US Court of Appeals for the Second Circuit decertified an investor class in the case Arkansas Teacher Retirement System v. Goldman Sachs Group, Inc. The judgement has been notably recognized as adding a considerable obstruction to securities class action plaintiffs, shaking up the way such cases…
In an important ruling on August 21, 2023, the United States Court of Appeals for the Tenth Circuit upheld the dismissal of a consolidated putative class action that accused a leading aerostructures manufacturing company and some of its executives of contravening Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”), and Rule…
Third-party filer, ClaimClam, recently came under scrutiny during the $725 million settlement dispute over Facebook’s Cambridge Analytica scandal. The firm, which leverages artificial intelligence to pinpoint class members in exchange for a 15% commission, tendered claims on behalf of about 15,000 class members. These claims were denied by the settlement administrator on the grounds of…
On August 23, 2023, in a significant development within the legal landscape, the United States Court of Appeals for the Second Circuit arrived at a mixed verdict on a putative securities class action against a property and casualty insurer (referred to as the “Company”). Alongside the Company, diverse corporate officers and board members, the Company’s…
In recent times, beverage manufacturers are on the frontlines battling a flurry of class actions concerning PFAS contamination. These cases unveil a new wave of disputes, centred around per- and polyfluoroalkyl substances (PFAS), chemicals known for their omnipresence and durability. Initially, litigations often involved allegations of environmental destruction or public water systems disruptions causing personal…
As the pace of legal movements in the corporate world continues to accelerate, it’s vital for legal professionals to stay informed. In that spirit, we’ve compiled a weekly roundup of recent notable rulings, with a particular focus on the food and consumer packaged goods industries. In a highlight from last week, we observed an interesting…
In recent legal news, a class has been formalised by a federal district court in Maryland which comprises of borrowers alleging that their mortgage servicer violated provisions in the Maryland Usury Law. According to the plaintiffs, lenders charged them an inspection fee for loans that were secured by real property, a practice ostensibly prohibited by…
In a significant development, the Seventh Circuit Court has reversed a judgment in favor of McDonald’s, breathing new life into a potential employee class action case. The case centers on allegations that the anti-poaching provision, previously part of McDonald’s franchise agreements, is in violation of the Sherman Act (JD Supra). This lawsuit hinges on what…
In a recent development, the U.S. Court of Appeals for the Ninth Circuit affirmed the summary judgment favoring a nationwide debt collector agency. The initial decision was given by a district court, which had invalidated a couple of consolidated class action lawsuits. The lawsuits were directed towards the debt collector company, alleging it of unlawfully…
Medical technology company Medtronic has been handed a lawsuit following allegations that it impermissibly shared users’ private health information with Google and other unspecified third parties. The class action lawsuit was filed on August 30, 2023 in the Central District of California. The plaintiffs in the case are users of Medtronic’s InPen system, a smart…
In a recent turn of events that will significantly impact the world legal spectrum, the Southern District of New York (SDNY) has dismissed an economic injury class action in a case citing express over-the-counter (OTC) preemption. This decision sets a noteworthy precedent that is expected to have far-reaching implications for consumer protection and economic loss…
In 2023, the New England and First Circuit Class Action Tracker took flight, serving as an analytical tool for observing class action litigation trends in Massachusetts, Maine, New Hampshire, and Rhode Island. Since its inception, an alarming trend of cybersecurity and data privacy class action filings has been noticed in the New England area. The…
In what is a significant milestone in privacy class settlements, Facebook’s $725M settlement has garnered an unprecedented response with 17 million claims. This was stated by plaintiffs’ attorney Derek Loeser at a final approval hearing on Thursday. These claims resulted from the infamous Cambridge Analytica scandal. This record number of claims represents a historic instance…
The legal landscape is always dynamic. It morphs and evolves to reflect regulatory changes, significant case judgments and approaches to justice. On October 3rd, at 10:00 am PT, there is a webinar that captures these trajectories. “Arbitration and Class Action Waivers: A Vision of a Classless Society” offers legal professionals an opportunity to examine one…
In the latest developments of a civil rights class action in North Carolina, a second sheriff has requested an early dismissal from the case. The lawsuit, brought against a number of officials, alleges negligence resulting from defects in the statewide implementation of a digital court system. The sheriff in question has dismissed these allegations as…
Philips, the electronics multinational conglomerate, has reached a settlement for $479 million in response to a swath of lawsuits brought forward by consumers. These lawsuits center around Philips’ recalled CPAP (Continuous Positive Airway Pressure) and other associated breathing machines, which have been connected to instances of cancer. This class action settlement, confirmed last Thursday, is…