Posted by Elizabeth Wang. Wal-Mart settled a class action lawsuit in California. Wal-Mart’s ex-employees filed lawsuit claiming wage law violations; they did not have the 30–minute lunch break, which is required for employees for working of at least six hours in the state. The plaintiffs collected $57M in compensatory damages and $115M in punitive damages, according …
Monthly Archives: February 2017
NY Attorney General Stops DraftKings and FanDuel
Posted by Steven Doolittle. Daily fantasy sports are a huge part of the culture in the United States. DraftKings and FanDuel are two of the largest providers of daily fantasy sports and the New York State attorney general on Tuesday ordered those two fantasy sports companies to stop accepting bets from New York residents, due to …
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Meet Shannon Liss-Riordan
Posted by Mary Bonatakis. With a number of lawsuits against Uber and other applications that beckon workers at the touch of an app, Miss Shannon Liss-Riordan has become one of the most important figures in Silicon Valley. Ms.Liss-Riordan is the Boston lawyer who is putting Uber on trial. The Uber case will come down to whether …
Trump – Tax and Law
Posted by Philip Lacki. Trump’s tax plan will make it simpler to pay the government. After graduation, I plan on moving to Atlanta, GA and work for Delta Air Lines. Why am I getting into my future? Well because, U.S. companies pay the highest corporate taxes in the world, and as an aviation geek and …
Wells Fargo Scandal
Posted by Frankie Panicucci. Wells Fargo is a corporate bank with very high and unrealistic sales targets. To meet these unrealistic sales targets Wells Fargo employees were secretly opening millions of unauthorized bank and credit card accounts for customers without their knowledge. These unauthorized accounts that were created racked up fees and allowed Wells Fargo to …
Twitter Stock Fraud
Posted by Lee Luu. A federal grand jury indicted a man from Scotland for securities fraud after prosecutors said he manipulated stock prices using the social media application Twitter. James Alan Craig set up fake Twitter accounts in 2013 associated with real market research firms. Craig sent out false Tweets that would make the companies’ …
Tesla Referral Program May Be Unlawful
Posted by Kirill Ivanov. Tesla, a popular tech firm, is commonly known for its production of electronically-powered cars and batteries. Tesla Motors is among many ventures pioneered by Elon Musk, who has commanded the SpaceX programs as well as many other development projects. Tesla vehicles are not as popular as those produced by Honda or Toyota; while …
Gucci Sues Alibaba Over “Counterfeit Goods”
Posted by Wing Sze Yu. This article talks about China’s leading online marketplace, Alibaba, being sued by the owner of Gucci, Yves Saint Laurent, Puma, Kering Group, and other fashion brands for selling fake goods. This is not the first time that Alibaba is being complained about selling fake goods. The company states that it is …
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Chase Settles Lawsuit Over Debt Collection
Posted by Alyssa Cohen. This year, JPMorgan Chase will settle the charges made against it for the use of illegal debt-collection practices made between 2009 and 2013. The lawsuit follows “a national settlement over similar allegations.” The nation’s largest bank miscalculated the amounts owed by customers, and sold debt to collectors that had been filed improperly …
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GNC: Hidden Chemical Lawsuit
Posted by Amber Piskunov. GNC is a widely known and trusted nutritional health retailer that is now being sued for allegedly selling products known to contain an illegal amphetamine-like stimulant. The two chemicals are called Picamilon and BMPEA. In addition to selling the illegal drug, GNC clearly intended for it to be hidden because the …