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"Rishi Sunak Reviews Legal Aid for Victims of UK Post Office Scandal"
2 years ago•Source: BBC.com
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2.88 min•2 years ago
"Your Guide to Claiming a Share of Verizon's $100M Settlement"
Verizon has settled a class action lawsuit for $100 million without admitting wrongdoing, concerning administrative charges imposed on customers. Eligible current and former Verizon users charged between January 1, 2016, and November 8, 2023, can claim a base payment of $15 plus $1 for each month they paid the fee, capped at $100 per account. Claims must be submitted by April 15, with the option to opt out by February 20. The settlement also includes Verizon amending its Customer Agreement for clearer disclosure of charges.
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"Eligibility and Claim Process for Verizon's $100 Million Settlement Explained"
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More Business And Legal Stories
"Eligibility and Claim Process for Verizon's $100M Class Action Settlement"
Originally Published 2 years ago — by AL.com
Verizon Wireless has agreed to a proposed $100 million settlement in a class action lawsuit alleging the company charged undisclosed administrative fees in a deceptive manner. Current and former customers who paid these fees between January 1, 2016, and November 8, 2023, are eligible for compensation, which could be up to $100 depending on the number of claims. The minimum payment is expected to be $15, with an additional $1 for each month the charge was paid. Customers must file a claim by April 15, and Verizon will update its customer agreement to disclose these charges, although it denies any wrongdoing.
"US Labor Agency Accuses SpaceX of Illegally Terminating Musk Critics"
Originally Published 2 years ago — by Reuters
The U.S. National Labor Relations Board (NLRB) has accused SpaceX of illegally firing eight employees who criticized CEO Elon Musk in a letter, claiming the company violated federal labor laws. The letter, which addressed Musk's controversial tweets, led to the employees' interrogation and dismissal, with allegations of a "toxic culture" at SpaceX. The case, reflecting a pattern of labor law challenges across Musk's companies, is set for a hearing on March 5, with potential consequences including reinstatement and back pay for the workers if SpaceX is found guilty.
McKinsey Settles Opioid Case with $78M Payout to Insurers and Benefit Plans
Originally Published 2 years ago — by Fox Business
McKinsey & Co. has agreed to a $78 million settlement with U.S. health insurers and benefit plans over allegations that its consulting work for drug companies, including Purdue Pharma, contributed to the opioid crisis. The settlement will establish a fund to reimburse third-party payers for opioid-related costs. McKinsey has reached several settlements related to the opioid epidemic, totaling over $900 million, but maintains that its past work was lawful. The settlement is pending judicial approval.
"McKinsey Settles for $78M in Opioid Dispute with Insurers"
Originally Published 2 years ago — by The Associated Press
Consulting firm McKinsey and Co. has agreed to a $78 million settlement with insurers and health care funds over allegations that its marketing strategies for Purdue Pharma's OxyContin contributed to the opioid addiction crisis. The settlement, pending judicial approval, will establish a fund to reimburse prescription opioid costs. This follows previous settlements by McKinsey, including a nearly $600 million agreement in 2021 with various U.S. states and territories, and a $230 million settlement with school districts and local governments. McKinsey maintains that its past work was lawful but has ceased advising on opioid-related business since 2019.
"Inside the David vs. Goliath Battle: The Rise and Pause of the Apple Watch Ban in the U.S."
Originally Published 2 years ago — by The Wall Street Journal
Masimo CEO Joe Kiani has invested $100 million in a legal fight against Apple, accusing the tech giant of infringing on Masimo's patented technology for measuring blood-oxygen levels. This legal dispute has even led to a temporary halt in Apple Watch sales. Kiani's bold move puts his three-decade-old company at risk in a high-stakes battle with one of the most powerful companies in the world.