NYC Corporate Law
// by Jon
A federal appellate court denied a request from the City of New York to vacate a ruling mandating changes in the New York City Police Department’s stop-and-frisk practice. The court’s refusal to vacate the ruling, issued in August by U.S. District Judge Schira Scheindlin, came just weeks after the U.S. Court of Appeals for the …
Court Declines to Vacate Original Stop-and-Frisk RulingRead More
// by Jon
Lawsuit claimed EA stifled competing football video games Consumers covered by a class action lawsuit against EA Sports have tripled their winnings without lifting a finger, thanks to a federal judge who has modified the details of a $27 million settlement fund. The case involves EA Sports football video games. A 2008 class action claimed that EA …
Consumers get a bigger bite in EA Sports settlementRead More
// by Jon
Kellogg’s settles class-action suit claiming it made false claims for its cereal Kellogg’s will pay $4 million to settle a long-running class-action suit that claimed the cereal maker made false claims that its Frosted Mini-Wheats could improve kids’ attentiveness, memory and other cognitive functions. The suit was filed after the Federal Trade Commission (FTC) filed …
// by Jon
Encrypted passwords, but not credit card data, likely accessed LivingSocial, the Washington, D.C.-based daily deals website, sent out an email this morning warning users that the site has “recently experienced a cyber-attack” that potentially exposed some sensitive user data. The email, which confirms that the database containing customer passwords may have been compromised, stresses that …
// by Jon
Largest class-action settlement from financial crash Bank of America has settled a long-simmering lawsuit focusing on its 2008 acquisition of Merrill Lynch, closing another chapter in the infamous financial collapse that rocked the nation that year. According to the suit, when Bank of America announced on September 14, 2008 that it planned to buy Merrill …
Bank of America settles Merrill Lynch acquisition suitRead More