Financial services company Bessemer Trust Co. is accused of enriching itself through its employees’ 401(k) plan by filling it with expensive and poorly performing mutual funds managed by a subsidiary, according to a federal lawsuit filed Wednesday in New Jersey.
LendingClub Corp. won’t face a proposed class action alleging the company illegally recorded borrowers’ telephone calls without consent, after the lead plaintiff voluntarily dismissed the lawsuit filed in the Northern District of California.
Icelandic Provisions Inc. defeated a proposed class action alleging it duped consumers about the origin of its Skyr-branded yogurt, as a federal court in California said consumers wouldn’t think the New York-produced dairy item is made in Iceland.
DoorDash Inc. agreed to settle a Fair Labor Standards Act wage suit involving thousands of delivery drivers across the country over their alleged misclassification as independent contractors rather than employees, according to new federal court filings.
A Star Trek Fleet Command player must individually arbitrate claims alleging publisher Scopley Inc. duped him and others about the value of in-game purchases that enhance play, a federal court in New Jersey said.
A $650,000 settlement between Medical Staffing Solutions Inc. and 150 traveling healthcare workers who sought unpaid overtime under the Fair Labor Standards Act and California law received preliminary approval from a federal magistrate judge in the state.
The economic fallout of the Covid-19 crisis has reached America's top grossing law firms. In this video, legal industry experts assess the impact on Big Law and what might happen if the crisis lingers.