California’s highest court on Monday revived a class action against Bayer Corp. over Baycol — the cholesterol drug linked to muscle disease — ruling that a dismissal of class claims did not require immediate appeal if individual claims were also nixed.
A federal judge on Friday approved a class action settlement requiring Qwest Communications International Inc. to pay $2 million and disclose additional financial information about its $22 billion merger with CenturyLink Inc., bringing an end to consolidated securities litigation accusing the companies of shortchanging shareholders.
A Michigan federal judge on Monday tossed a class action that tried to hold Questar Capital Corp. accountable for a $250 million Ponzi scheme that allegedly involved one of its former brokers.
A federal judge in Chicago on Monday threw out a putative securities class action against Motorola Inc. that claimed false statements and omissions inflated the company's stock by billions of dollars before an earnings release caused shares to plummet.
A day after pleading guilty to concealing undocumented workers, Howard Industries Inc. was hit Friday in a Mississippi court with a class action alleging the company discriminated against non-Latino employees.
An Illinois appellate court Thursday revived a class action against tobacco giant Philip Morris USA over marketing of its light cigarettes, five years after the state's highest court threw out a $10 billion verdict in favor of the plaintiffs.
A Hughes Communications Inc. shareholder filed a putative class action in Delaware on Monday seeking to block a proposed $2 billion acquisition of the broadband satellite company by EchoStar Satellite Services LLC, claiming the deal shortchanges investors.
A federal judge Monday rejected counterclaims from Lloyd's of London in a putative class action alleging its property insurance policies conceal separate deductibles for hurricane damage in violation of Florida law.
Citing the U.S. Supreme Court’s 2010 decision in Merck v. Reynolds, the Second Circuit on Monday revived a proposed class action alleging accounting malfeasance by MBIA Inc., which investors say allowed the company to avoid reporting a $170 million loss.
A truck maker Monday said it would ask the Sixth Circuit to reverse a ruling that the manufacturer lacked the authority to change prescription drug benefits for retirees under a 1993 class action settlement.
A professional photographer moved Friday to certify a class of hundreds of photographers in related suits in New York claiming textbook publisher Pearson Education Inc. breached licenses on the use of copyrighted images.
A federal judge in California gave the green light Friday to a putative class action accusing Natural Balance Inc. of deceiving consumers about the efficacy and safety of purported aphrodisiac Cobra.
Wells Fargo & Co. technical support workers Friday asked a California court to approve a $6.72 million settlement in a Fair Labor Standards Act collective action alleging the bank misclassified the employees as exempt from overtime wages.
Two real estate developers on Thursday exited Evanston Insurance Co.'s declaratory judgment suit in Virginia against defendants in the multidistrict litigation over defective Chinese drywall, agreeing to waive their coverage claims with the insurer.
A federal judge in Arkansas on Thursday denied a bid for conditional certification in an overtime collective action brought by former employees of cosmetics and personal care products company Onyx Corp.
The U.S. Supreme Court's decision Monday not to hear Novartis Pharmaceuticals Corp.'s bid to overturn a ruling that drug sales representatives are not exempt from overtime pay laws keeps in place a circuit court split that leaves drug companies uncertain how to proceed, attorneys say.
Massachusetts Mutual Life Insurance Co. and its subsidiary Tremont Group Holdings Inc. agreed Friday to settle a class action brought over losses on the insurers' investments with fraudster Bernard L. Madoff for $100 million.
Countrywide Financial Corp. on Friday finalized a $624 million settlement in a class action in California accusing it of misleading investors and mislabeling high-risk loans, resolving issues with those that opted out of the class.
A Pennsylvania resident launched a putative class action Friday accusing a heating and air conditioning manufacturer of failing to disclose or fix a design defect in its furnaces.
A Frontier Oil Corp. shareholder launched a class action Friday in Texas in an effort to halt a $7 billion merger between the company and Holly Corp., just days after the announcement of the deal to create one of the largest U.S. oil refiners.