The former chief internal auditor of Japan-based Sojitz Corp. of America filed a proposed class action lawsuit against the company Thursday alleging he was discriminated against because he is not Asian.
Although she threw out part of the case, a judge has said that a shareholder lawsuit alleging telecommunication software provider Openwave Systems Inc. engaged in illegal backdating of stock options can move forward.
Facing an amended complaint in litigation over retailer TJX Cos. Inc.'s security breach, which resulted in what has been called the largest theft of credit card numbers in U.S. history, Fifth Third Bancorp denied allegations that it, too, is liable for the breach.
The California attorney general has lambasted a judgment-sharing agreement between dynamic random access memory manufacturers, calling it an attempt to delay any settlement of the ongoing antitrust multidistrict litigation case.
Seagate Technology LLC could pay more than $23 million in a nationwide class action settlement which resolves allegations that the company scammed customers out of hard disc drive storage space.
Rent-A-Center Inc. has agreed to pay $3.6 million to settle a consolidated securities class action lawsuit related to the company's 2001 public offering.
The indirect purchasers in the multidistrict litigation against dynamic random access memory manufacturers have accused the defendants of essentially trying to ban any indirect purchaser claims in cases involving incorporated products.
Workers at a Smithfield Foods Inc. hog processing plant in North Carolina have filed a proposed class action lawsuit alleging they are owed overtime pay and unpaid wages.
Tower Automotive Inc. has been hit with a suit that accuses it of not paying its welders for the time they spent putting on and taking off required safety gear.
A union pension plan's securities class action that accused Pfizer Inc. of misrepresenting clinical studies of hit arthritis painkiller Celebrex has been junked because, according to the New Jersey district judge who oversaw it, the plaintiffs dallied too long before filing it.
A district court judge has once again refused to alter or overturn his decision to chuck the lawsuits of two bankrupt Parmalat SpA subsidiaries against six of the Italian company's former financial partners.
The remaining defendants in the ongoing antitrust litigation over alleged price-fixing in the air cargo shipping service industry are fighting a magistrate judge's recommendations that they provide customer information for a settlement.
The plaintiffs in one of several product liability class actions against Vitamin Shoppe Industries Inc. are voluntarily tossing their claims that the nutritional supplement chain’s “Especially for Women” multivitamin contained harmful amounts of lead, as settlements are being finalized in all four suits.
A judge in the multidistrict securities litigation against Forest Laboratories Inc. on Friday granted class status to a group of plaintiffs that say the drug maker provided misleading information about the safety of its blockbuster antidepressants Celexa and Lexapro.
Days after federal and Florida state agents raided WellCare Health Plans Inc.’s Tampa offices, the health insurance company is facing another potential threat: shareholder suits.
An Iowa federal court judge has refused to dismiss state wage-and-hour claims filed by a purported class of underpaid workers from Agriprocessors, one of the largest kosher meatpacking companies in the U.S.
Aetna Inc. has been hit with a proposed class action by securities purchasers that claim the health care giant fraudulently misrepresented its financial health and omitted pertinent information about its business operations.
In a purported class action filed Wednesday against AT&T Inc., plaintiffs said their phones stopped working after the company merged with Cingular Wireless, despite assurance from the company that this would not happen, and that AT&T failed to inform them of moves that could be taken to make their phones network accessible, leaving them with no options but to buy new phones.
Undeterred by a recent U.S. Supreme Court ruling in Weyerhaeuser Co.’s favor, Morelock Enterprises Inc. is pushing forward with a potential class action against the forest products giant over the alleged abuse of its monopoly position in the alder lumber industry.
A class of 180 current and former women officers at Willis Group Holdings Ltd. has secured initial court approval for an $8.5 million settlement over charges that the insurance broker discriminated against them on the basis of gender.