A California state worker hit Medco Health Solutions Inc. with a class action Friday, claiming that alleged bribes Medco gave to a former California Public Employees' Retirement System official had forced members to pay higher drug prices.
A Georgia federal judge on Wednesday dismissed a securities fraud class action against Carter’s Inc. and PricewaterhouseCoopers LLP, saying the plaintiffs failed to sufficiently allege that the defendants intended to defraud investors.
A California judge denied Google Inc.'s attempt to dismiss a class action accusing the search engine giant of charging for ads on unused and rarely visited websites through misleading contracts, saying Thursday that the amended complaint contained sufficiently detailed allegations of fraud.
3M Co. said Friday it would pay $12 million to settle a Minnesota age discrimination suit brought by a proposed class of about 6,000 employees over the age of 46.
A federal judge in Washington state granted class certification Thursday to investors alleging student travel company Ambassadors Group Inc. concealed its business setbacks and artificially inflated its stock price.
Citing the U.S. Supreme Court's landmark Morrison v. National Australia Bank ruling, a California court on Thursday dismissed plaintiffs who purchased Infineon Technologies AG shares on the Frankfurt Stock Exchange from a securities fraud class action against the company stemming from price-fixing claims.
Five Morgan Stanley employees hit the financial giant with a class action in New York on Wednesday, alleging they suffered steep losses in their retirement plans because it was too heavily invested in its own stock during the financial crisis.
A shareholder class action over alleged losses in ProShares Advisors LLC's exchange-traded funds should be thrown out because there weren't any misstatements or omissions, the company argued Thursday in New York.
TripAdvisor LLC, the travel website owned by Expedia Inc., agreed Thursday to pay $350,000 to end a class action in Massachussetts alleging the company misclassified its editors as independent contractors.
A New York federal judge gave his final approval Thursday to LG Display Co Ltd.'s $18 million settlement with investors who brought a securities class action over alleged price-fixing on liquid crystal display panels.
A Best Buy Co. Inc. investor filed a putative class action Thursday claiming the electronics retailer lied about its sales performance and earnings forecast, causing shareholders to lose money when its stock price dropped late last year.
The U.S. government has lost a motion to stay a putative class action brought by California state employees and their same-sex spouses accusing state and federal agencies of restricting access to long-term care insurance from the state retirement system.
An Illinois appeals court on Monday decertified a class of health care providers who accused Travelers Casualty and Surety Co. of fraudulently underpaying when the insurer reimbursed them for medical services.
A Michigan jury on Thursday ruled in favor of Quicken Loans Inc. in a long-running Fair Labor Standards Act class action alleging the company misclassified mortgage loan officers as exempt from overtime regulations.
A jury in Kansas awarded more than $500,000 to a class of Tyson Foods Inc. meatpacking workers Wednesday after finding the company had violated the Fair Labor Standards Act by refusing to pay employees for time spent donning and doffing protective gear.
An investor in Finisar Corp. launched a class action against the network equipment maker Tuesday in California, saying that company brass misled investors about its revenue prospects.
Shareholders of Gaming Partners International Corp. urged the Ninth Circuit on Thursday to revive their class action claiming the casino equipment maker and its executives lied about the commercial viability of its gaming chip security technology.
A Florida judge awarded $1.6 million in fees Thursday to plaintiffs' counsel in a class action over Washington National Insurance Corp.'s denial of home health care benefits, reducing a $4 million request from the attorneys because of billing request flaws.
Wells Fargo & Co. moved for summary judgment Wednesday in a putative class action in Pennsylvania claiming the mortgage giant received illegal kickbacks from its mortgage reinsurer, arguing the plaintiffs’ theory was proven wholly wrong by the financial crisis.
A former JPMorgan Chase Bank NA employee who filed a lawsuit accusing the company of giving workers short shrift on overtime and vacation pay asked a California federal judge for class certification on Wednesday.