Tag

Class Action

All articles tagged with #class action

Lockheed Martin Faces Legal Challenges and Investor Scrutiny

Originally Published 4 months ago — by TipRanks

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Source: TipRanks

A class action lawsuit was filed against Lockheed Martin alleging that the company and its officers misled investors by omitting critical information about internal control failures and program risks, which led to significant financial losses and a drop in stock price after disclosure of $1.6 billion in losses on classified programs.

Google ordered to pay $425 million in privacy breach lawsuit

Originally Published 4 months ago — by Reuters

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Source: Reuters

A federal jury in San Francisco ordered Google to pay $425 million for privacy violations related to collecting data from users who had disabled tracking features, with Google denying wrongdoing and planning to appeal. The case involved allegations that Google continued data collection through third-party apps despite user settings, affecting millions of users and adding to previous privacy lawsuits.

Tesla Faces Legal Challenges Over 'Self-Driving' Claims

Originally Published 4 months ago — by Jalopnik

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Source: Jalopnik

Tesla owners can now sue the company over misleading marketing of its 'Full Self-Driving' technology, as a court has allowed a class-action lawsuit to proceed. Meanwhile, the U.S. is imposing tariffs on over 400 products, including auto parts, which could increase costs for automakers. California is considering creating its own EV rebate program to replace federal incentives that are ending. Additionally, VinFast is struggling to sell cars in the U.S. and has shifted to using franchised dealerships in California.

Tesla Faces Class Action Over Self-Driving Claims

Originally Published 4 months ago — by Electrek

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Source: Electrek

A U.S. court has allowed a class-action lawsuit against Tesla for allegedly misleading customers about its self-driving capabilities, citing false advertising and Tesla's unique advertising methods. The case involves owners who purchased Tesla's Full Self-Driving package under the belief it would enable fully autonomous driving, which Tesla has not delivered. The lawsuit seeks damages and an injunction to prevent future misleading claims. This legal development marks a significant step in holding Tesla accountable for its marketing practices related to autonomous driving features.

Centene Corporation Faces Multiple Securities Fraud Lawsuits and Investigations

Originally Published 4 months ago — by TipRanks

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Source: TipRanks

A class action lawsuit was filed against Centene Corporation alleging that the company and its executives made false and misleading statements about its revenue outlook and growth prospects, leading to a significant stock decline after the company withdrew its fiscal guidance and revealed lower-than-expected market growth, resulting in substantial financial losses for investors.

Legal Challenges Persist Against Trump's Birthright Citizenship Orders

Originally Published 6 months ago — by Slate Magazine

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Source: Slate Magazine

A New Hampshire judge is testing a new legal approach by temporarily blocking Trump's birthright citizenship order through a class action covering all affected babies nationwide, raising questions about the application of recent Supreme Court rulings and the role of lower courts in checking executive power, amid ongoing legal battles over immigration policies and deportations.

Judge Blocks Trump's Birthright Citizenship Order Following Supreme Court Ruling

Originally Published 6 months ago — by Slate Magazine

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Source: Slate Magazine

A U.S. District Judge, Joseph Laplante, has issued a nationwide injunction protecting birthright citizenship for infants, despite recent Supreme Court limitations on universal injunctions, by certifying a class of affected individuals and emphasizing that his order applies to all children born in the U.S., regardless of their parents' immigration status. This decision demonstrates that district judges can still defend constitutional rights through class actions, even after the Supreme Court's restrictions.

FTC to Refund $126 Million to Fortnite Players in Settlement

Originally Published 6 months ago — by Class Action Lawsuits

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Source: Class Action Lawsuits

Epic Games agreed to pay $520 million to settle FTC allegations of unlawfully charging Fortnite players for unwanted in-game purchases, including refunds for affected players and policy changes to prevent future violations. The settlement benefits U.S. players charged between 2017 and 2022, with claims due by July 9, 2025.

Major Health Insurers Face Lawsuits Over 401(k) Mismanagement

Originally Published 7 months ago — by Fortune

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Source: Fortune

UnitedHealth Group faces multiple lawsuits, including a class-action claim alleging it improperly used $19 million in forfeited employee 401(k) funds to reduce its own costs instead of benefiting plan participants, violating fiduciary duties under ERISA. The company denies the allegations and is seeking to dismiss the case. It also faces other legal challenges related to healthcare practices and corporate conduct.