Uber’s $100 million settlement of a pair of high-profile driver class actions in California has drawn opposition from a handful of drivers, including one who described the settlement as a “joke” and another who said Thursday that the ride-hailing service “control[s] us like puppets.”
Investors victimized by Robert Allen Stanford's $7 billion Ponzi scheme filed a $5 billion putative class action accusing a Proskauer Rose LLP partner and the firm of aiding the fraud, less than two months after a similar suit was dismissed by the Fifth Circuit.
Two female African-American advertising account managers slammed The New York Times Co. with a putative class action in New York federal court on Thursday, alleging the paper's business unit pays minorities, women and older workers less and has targeted them for buyouts as part of companywide layoffs.
Energy Future Holdings Corp. told a Delaware bankruptcy judge Thursday that it intends to scrap the roughly $20 billion deal for nondebtor subsidiary Oncor at the heart of its Chapter 11 plan, throwing one of the largest bankruptcies in history into chaos.
The Second Circuit revived a Singaporean entrepreneur's $350 million racketeering suit against India's state bank and others over a failed stock buy that killed his hard drive company, saying on Thursday that a New York federal judge botched the case's dismissal by considering outside material.
KeyCorp and First Niagara Financial Group Inc. will sell 18 of First Niagara’s branches in the Buffalo, New York, area to resolve antitrust concerns that arose from KeyCorp’s $4 billion merger deal with First Niagara, the U.S. Department of Justice said Thursday.
A group of former NFL players who objected to a massive uncapped class action settlement with the league in litigation over the effects of head injuries asked the Third Circuit on Thursday to rethink its decision affirming the award, arguing that the science on the degenerative brain condition known as CTE is still too immature to justify the settlement.