Rapper Lil Wayne’s record label Cash Money Records Inc. on Thursday filed a $50 million suit in New York state court against Tidal, rapper Jay-Z’s nascent music streaming service, claiming that it owns the rights to a Lil Wayne album released exclusively by Tidal earlier this month.
Verizon Communications Inc.’s New York subsidiary was hit with a proposed wage and hour class action in New York federal court Tuesday from an employee who says the company misclassifies its logistics workers as supervisors to avoid paying overtime.
The attorney for a former intern who recently won an $18 million jury award against private equity CEO Benjamin Wey in a sexual harassment suit will pursue a $300 million defamation suit against Wey in New York state court, according to documents filed Wednesday.
A medical student filed a discrimination lawsuit against the American University of Antigua in New York court Tuesday, claiming he was expelled after complaining about supervisors’ inappropriate sexual behavior and comments made about his Nigerian heritage.
A group of airline passengers told a New York federal judge on Tuesday that ticket distribution companies formed a cartel to negotiate advantageous contracts with the airlines, which has caused ticket prices to be inflated for several years.
Holland & Knight LLP was hit with a complaint Monday from a pair of former clients alleging it knowingly participated in a bogus tax shelter scheme by issuing favorable tax opinion letters to induce plaintiffs to invest $8.3 million in an unlicensed brokerage operating an illegal practice.
Blue Diamond Growers was hit with a putative class action Tuesday in a New York federal court alleging it purposely misrepresents its almond milk products as being made primarily from almonds, when in fact the products contain only 2 percent of the nut.
UBS AG has been hit with a $34.5 million lawsuit by a former executive who claims that after 27 years with the investment bank, his performance reviews were falsely downgraded when the bank came under fire in the press.
Giorgio Armani Corp. was hit with a discrimination suit Friday in New York federal court by a former sales associate who alleges a manager violated the New York Human Rights Act by firing her after she alleged the store discriminated against African-American and Hispanic customers.
The owner of a construction company long at odds with New York state over the choice to drop her from a contract for the third phase of a harbor project in Buffalo filed another suit in federal court Thursday, this time alleging a conspiracy that drew in Travelers Casualty and Surety Co., Phillips Lytle LLP and others.
Major League Baseball conspired to prevent baseball scouts from moving between teams and stiffed them on overtime pay, according to a proposed class action filed in New York federal court claims, echoing similar allegations brought by minor league players.
Cantor Fitzgerald Securities Inc. has been hit with a class action by a member of its tech support staff who claims the company tried to force him and other members of his team into signing away their rights to overtime.
Cushman & Wakefield Inc. has urged a New York federal judge to again dismiss a property owner's claim that it breached a management contract by failing to procure adequate insurance to cover the Wall Street Plaza building for damage from Superstorm Sandy, alleging the owner has changed its story and violated a prior court order.
The former head coach for the National Basketball Association's Charlotte, North Carolina, team failed to pay a Creative Artists Agency affiliate $100,000 in commission for managing his career, the agency alleged in a recent New York state court complaint.
Just hours after the U.S. Department of Justice on Wednesday confirmed it is investigating several unnamed airlines for unlawful collusion, a group of ticket purchasers launched a putative class action against Delta Airlines Inc. and three other carriers that were reported to be in the federal government's crosshairs.
Capital One NA was hit with a lawsuit in the Supreme Court of New York Tuesday claiming that the bank abandoned an $80 million credit facility partnership with Transit Funding Associates LLC, which loans money to Chicagoans seeking taxi medallions, so it could partner with ride-hailing titan Uber.
Braskem SA's stock price was artificially inflated by bribes paid to Petrobras to ensure cheap raw material prices, investors said in a proposed class action filed Wednesday in New York federal court.
Kenneth Cole Productions Inc. was hit with a putative class action on Tuesday in New York federal court that alleges the fashion retailer deceived shoppers by inflating its original prices that are paired with seemingly steep discount prices on items sold at its exclusive outlet stores.
Beazley Insurance Co. Inc. slapped two rivals with a New York federal suit Tuesday, seeking coverage of Nasdaq OMX Group Inc.’s $31 million settlement in an underlying investor class action over the botched handling of Facebook Inc.'s $16 billion initial public offering.
Republican presidential candidate Donald Trump on Tuesday sued Univision Networks & Studios Inc. for $500 million in New York state court for dropping coverage of the Miss USA Pageant, which Trump partly owns, over incendiary remarks he made about Mexican immigrants.
As we celebrate the 46th anniversary of mankind’s first walk on the moon, this month’s column tracking the Judicial Panel on Multidistrict Litigation appropriately explores the impact of the “rocket docket” on the selection of an MDL venue. We have discussed various venue selection factors, but is the perceived speed with which a district handles cases relevant? asks Alan Rothman of Kaye Scholer LLP.
A recent flurry of class actions brought under state consumer protection laws in California, Florida and New York involving country-of-origin labeling violations by beer companies serves as a reminder that domestic companies must exercise caution when advertising a product as "imported" or "Made in the USA," say Richard Mojica and Austen Walsh of Miller & Chevalier Chartered.
For the second time in Estee Lauder Inc. v. OneBeacon Insurance Group, a New York state appeals court has wrongly held that an insurer waived a late-notice defense by failing to raise the defense in its initial disclaimer letter to the insured, based on a flawed application of New York insurance law that attempts to create a common law rule out of a statutory standard, says Charles Lemley at Wiley Rein LLP.
Manipulating gender disparity in the service of hawking a flawed investment product does nothing but trivialize a serious and important issue. The tortured logic in Burford Capital LLC’s recent plug for third-party litigation financing is nothing more than a marketing ploy to boost revenues, says Lisa Rickard, president of the U.S. Chamber Institute for Legal Reform.
There is a clear split in authority among the departments of New York's Appellate Division on whether a standing defense is waived upon a borrower defaulting in a foreclosure action. The potential impact of how the split is ultimately resolved by the New York Court of Appeals cannot be understated, says Christopher Gorman of Westerman Ball Ederer Miller Zucker & Sharfstein LLP.
Creditors are often tempted to file an involuntary bankruptcy petition against their debtor as a way to compel the payment of a debt. But as a recent Second Circuit affirmation in the TPG Troy LLC case shows, the involuntary bankruptcy petition is not just another collection device, says Michael Cook of Schulte Roth & Zabel LLP.
After The New York Times' expose of questionable labor practices in New York's nail salon industry, Gov. Andrew M. Cuomo has sought to expand the state’s enforcement authority over health and safety regulations and crack down on wage and hour violations. However, if employers remain proactive in paying overtime, compensating off-the-clock work and maintaining records they won't have to bite their nails, says Epstein Becker & Green ... (continued)
A first read of the Southern District of New York’s Marblegate decisions — that involuntary debt restructurings that impair a bondholder’s right to receive payment may violate the Trust Indenture Act — may suggest broad-reaching and potentially problematic implications. A deeper analysis shows a less troubling case, say attorneys with Shearman & Sterling LLP.
The Second Circuit's reasoning in Glatt v. Fox Searchlight Pictures Inc. will likely cause employers to restructure their internship programs to focus more on the educational benefits provided to interns. We may see a rise in unpaid internships coordinated with educational institutions, says Ashley Coleman of Sedgwick LLP.
The failed prosecutions of former Goldman Sachs Group Inc. computer programmer Sergey Aleynikov in both federal and state court should be a wake-up call to Congress and state legislatures that statutes passed years ago when trade secrets were kept in a locked file drawer are no longer well suited for the cyberworld of the 21st century, says Mark Halligan of FisherBroyles LLP.