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Business And Legal

All articles tagged with #business and legal

"Rishi Sunak Reviews Legal Aid for Victims of UK Post Office Scandal"

Originally Published 2 years ago — by BBC.com

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Source: BBC.com

UK Prime Minister Rishi Sunak is reviewing measures to exonerate hundreds of sub-postmasters wrongfully convicted due to the Post Office Horizon scandal. The government-owned Post Office, which prosecuted the cases, may be removed from the appeals process. The scandal involved over 700 convictions based on faulty software, with fewer than 100 overturned so far. The Crown Prosecution Service could take over the Post Office's role in appeals, but this may require additional resources and affect other cases. A public inquiry is ongoing, and the Metropolitan Police is investigating potential fraud offences by the Post Office. The issue has gained renewed attention following an ITV drama and a BBC podcast on the scandal.

"Your Guide to Claiming a Share of Verizon's $100M Settlement"

Originally Published 2 years ago — by Fox Business

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Source: Fox Business

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.

"How to Claim Your Share of Verizon's $100 Million Settlement"

Originally Published 2 years ago — by CNN

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Source: CNN

Verizon is settling a proposed $100 million class-action lawsuit over claims of unfair and undisclosed "administrative charges." Eligible customers have been notified to file a claim by April 15 to potentially receive up to $100. The lawsuit, which Verizon denies any wrongdoing in, was consolidated from four lawsuits in New Jersey. The settlement requires a fairness hearing in March. Customers with postpaid accounts from January 1, 2016, to November 8, 2023, are eligible to file a claim via a special website, with the minimum payout being $15.

"Corporate America's DEI Strategies Face Rising Legal Challenges and Mainstream Opposition"

Originally Published 2 years ago — by HBR.org Daily

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Source: HBR.org Daily

Following the Supreme Court's decision to end race-based affirmative action in higher education, DEI (Diversity, Equity, and Inclusion) programs in the workplace are facing increased legal challenges. The article suggests that DEI efforts will not be completely halted but will evolve to meet new legal standards. To mitigate legal risks while still promoting a just workplace, companies are advised to proactively adapt their DEI strategies. The authors provide criteria to identify high-risk DEI programs and offer solutions for organizations to navigate the changing legal landscape effectively.

"Eligibility and Claim Process for Verizon's $100 Million Settlement Explained"

Originally Published 2 years ago — by The Hill

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Source: The Hill

Verizon has agreed to a $100 million settlement in a class action lawsuit over allegedly deceptive administrative charges. Current or former U.S. customers who paid these charges between January 1, 2016, and November 8, 2023, may be eligible for up to $100 each. To claim, affected customers must submit online using the ID and confirmation code from the settlement notice by April 15. The actual payout will depend on the number of approved claims, with a minimum expected payment of $15. Payments will be made via check or electronic transfer after the settlement's final approval. Verizon will continue to charge the fee but will update its customer agreement for better disclosure.

"Eligibility and Claim Process for Verizon's $100M Class Action Settlement"

Originally Published 2 years ago — by AL.com

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Source: 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

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Source: 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

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Source: 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

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Source: 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

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Source: 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.