A federal court has held that a former Costco Wholesale Corp. employee can bring a collective action accusing the company of improperly deducting from workers' final paychecks any outstanding balance on company-sponsored credit cards, but cannot bring a class action over alleged violations of California law.
A federal judge has tossed a lawsuit brought by former delivery drivers for Affinity Logistics Corp. who accused the company of misclassifying drivers as independent contractors to avoid paying overtime.
A federal appeals court has extinguished a securities class action alleging pharmaceutical firm Axonyx Inc. misled investors about the promise of its experimental Alzheimer's disease treatment Phenserine.
A federal judge has consolidated a putative overtime class action filed by a former assistant store manager against Rite Aid Corp. with an earlier suit filed by a former manager, denying the drugstore chain's request that the court dismiss the suit as duplicative.
Netflix Inc. subscribers are seeking to certify a class of millions of people who they claim paid artificially high prices for online DVD rentals as a result of a 2005 agreement between Netflix and Wal-Mart Stores Inc.
A federal judge has allowed certain audit employees to represent a class of more than 1,900 California workers in a case alleging Deloitte & Touche LLP failed to offer proper overtime compensation.
The federal judge overseeing an investor class action accusing Charles Schwab Corp. of committing securities violations by misrepresenting the risk profile of its YieldPlus Fund has laid out more than a half dozen questions about the fund's management for the parties to address during an upcoming oral argument.
A federal judge has granted final approval to a $1.6 million collective action settlement between school bus company First Student Inc. and 750 drivers, aides and others who alleged the company violated the Fair Labor Standards Act by improperly calculating overtime.
A proposed consumer class action is alleging Diamond Foods Inc. misleadingly promotes its walnuts as capable of promoting heart health and preventing coronary disease.
The number and size of class action settlements rebounded in 2009, with settlements involving companies in the financial services industry leading the way, according to a report released Wednesday by consulting firm Cornerstone Research.
Union Bank NA has been hit with a proposed class action alleging it has misclassified customer service managers and staff service officers at its retail banking locations in California as exempt from overtime pay.
A federal judge has allowed Pfizer Inc. and a class of plaintiffs suing it for securities fraud in connection with the marketing of its anti-inflammatory drugs Celebrex and Bextra to introduce medical experts, denying both sides' motions to exclude each other’s experts.
A federal judge has denied a bid for class certification in a suit alleging that Puerto Rico's Phoneworks Inc. gouged public telephone customers after winning monopoly control of the market through its close ties with San Juan's mayor.
A putative class of investors has sued broker-dealer Securities America Inc. for allegedly selling $700 million in promissory notes issued by entities of Medical Capital Holdings Inc. despite warnings from due diligence advisers that MCHI was operating a massive Ponzi scheme.
Former employees of Philips Electronics North America Corp. are appealing the dismissal of a class action accusing the company of violating employee benefits laws by canceling retiree health plans after a subsidiary filed for bankruptcy.
A Roto-Rooter Services Co. employee has filed a putative nationwide class action that alleges the plumbing giant has continually denied promotions to qualified women in violation of Title VII.
A federal appeals court has ruled that a city or town does not need to notify its police officers before taking advantage of an exemption that allows municipalities to pay their officers less overtime than federal law would otherwise require.
Biopharmaceutical company Cell Therapeutics Inc. and its executives have been hit with a putative class action accusing the drugmaker of misleading investors about testing and U.S. Food and Drug Administration fast-track approval for a new treatment product for aggressive non-Hodgkin's lymphoma.
Awash in shareholder litigation, SouthWest Water Co. is facing a putative class action alleging the company’s brass arranged an undervalued $275 million merger in order to dodge a pending derivative action over accounting irregularities that caused SouthWest’s stock price to plummet in 2008.
A federal judge has dismissed claims brought by 111 former replacement workers who alleged Kohler Co. violated federal labor laws by rehiring union employees and firing their replacements at the end of a strike at an Arkansas factory.