Class Action Law360 provides breaking news and analysis on class actions and multidistrict litigation. Coverage includes developments in multiparty litigation in federal and state courts, as well as policy issues and court rulings that affect class action procedure.
Dole Food Co. its CEO and general counsel struck a $74 million settlement with a class of investors in a Delaware federal case that had accused them of driving down Dole’s price before a 2013 take-private deal, the second accord for the company and its brass over the transaction.
Food Lion LLC asked a Tennessee federal judge Tuesday not to bar it from raising certain arguments surrounding the merger of dairy company Dean Foods Co. and Suiza Foods Corp. at trial on claims of an alleged conspiracy to limit competition for dairy products, saying Dean’s request goes too far.
Marriott successfully got a California magistrate judge to toss a former employee’s putative class action alleging failure to pay the San Jose, California, minimum wage when the judge said Wednesday the Labor Management Relations Act preempts the worker’s claims, requiring the worker to first exhaust the grievance procedure.
Car enthusiasts who were expecting to be able to race like the greats in their Shelby GT350 Mustangs from Ford Motor Co. were disappointed because of a pair of defects cause the cars to lose speed and power mid-drive, according to a proposed class action in Florida on Wednesday.
A putative class alleging LG and Samsung broke antitrust laws by agreeing not to poach one another’s employees asked a California federal judge on Tuesday to deny LG’s sanctions request, saying the case is based on factual evidence including a Samsung agent’s admission she was instructed not to recruit from LG.