Tag

Class Action

All articles tagged with #class action

PayPal Hit With Securities-Fraud Lawsuits Over Growth Claims
market-news6 days ago

PayPal Hit With Securities-Fraud Lawsuits Over Growth Claims

Shareholder-rights law firms filed securities-fraud class actions against PayPal, alleging the company misled investors about Branded Checkout growth and its long-term outlook in statements from Feb 25, 2025 to Feb 2, 2026. After PayPal reported weak Q4 2025 results and withdrew its 2027 targets, the stock fell over 20%. The suits, led by Rosen Law Firm, The Schall Law Firm, and Robbins Geller Rudman & Dowd, claim executives overstated competitive position and execution capabilities. Analysts still rate PYPL as Hold with a target around $51, implying roughly 24% upside.

Costco rotisserie chicken preservative-free label at center of class-action
business25 days ago

Costco rotisserie chicken preservative-free label at center of class-action

A nationwide class-action alleges Costco misled customers by labeling Kirkland Signature Seasoned Rotisserie Chicken as preservative-free, claiming the product contains sodium phosphate and carrageenan that act as preservatives and that Costco has cheated customers out of tens to hundreds of millions of dollars; two consumers filed in a Southern District of California federal court on Jan. 22. Costco says it removed preservative-free signage and notes the ingredients are used for moisture and texture and are approved by food-safety authorities.

Costco Hit with Class-Action Over Preservative Claims on Rotisserie Chickens
business28 days ago

Costco Hit with Class-Action Over Preservative Claims on Rotisserie Chickens

A proposed class-action in the Southern District of California alleges Costco misled customers by labeling Kirkland rotisserie chickens as preservative-free, even though they contain sodium phosphate and carrageenan. Costco has removed preservative language from signs and online listings and says the additives are FDA/FAO-approved for moisture and texture. The plaintiffs say they wouldn’t have bought the chickens had they known about the preservatives, highlighting ongoing scrutiny of ultraprocessed foods.

Costco faces class-action over preservative-free rotisserie chicken labeling
business28 days ago

Costco faces class-action over preservative-free rotisserie chicken labeling

Two California shoppers filed a class-action alleging Costco falsely advertised its rotisserie chicken as preservative-free while the ingredient list shows sodium phosphate and carrageenan; Costco has removed the claim from in-store and online labels, and the plaintiffs seek a nationwide class across California and other states for alleged consumer-law violations.

Valve Hit with Nearly $900 Million UK Class-Action Over Steam Fees
business28 days ago

Valve Hit with Nearly $900 Million UK Class-Action Over Steam Fees

A UK Competition Appeal Tribunal allowed a class-action against Valve to proceed, seeking about $900 million in damages over Steam’s commission pricing and publisher terms. The suit, filed on behalf of up to 14 million users (including minors), alleges Valve’s fees and platform obligations hinder competition by restricting publishers from selling on better terms elsewhere. Valve argues the case lacks credible evidence of the true commission (notably around Steam Keys), and has not publicly commented as the case moves forward.

UK Allows Valve Steam Pricing Lawsuit to Move Forward
news29 days ago

UK Allows Valve Steam Pricing Lawsuit to Move Forward

A UK Competition Appeal Tribunal refused Valve’s bid to throw out a £656 million ($904 million) class-action against the company over Steam pricing and allegedly anti-competitive practices, allowing the suit on behalf of about 14 million UK Steam users to proceed. The case centers on Steam’s price parity rules and exclusive DLC/content sales, with plaintiffs arguing Valve holds a dominant market position and infringes UK competition law. Valve argued the class definition and proposed methodology were inadequate, but the tribunal allowed revisions, and the action will move forward with an opt-out option for users. If won, refunds could be issued, though individual payouts are expected to be small.

Valve faces UK class-action over Steam revenue share and add-ons
business1 month ago

Valve faces UK class-action over Steam revenue share and add-ons

Valve faces a UK class-action in London’s Competition Appeal Tribunal seeking up to £656 million, alleging Steam’s 30% revenue share is excessive and that selling add-ons locks in users; the suit covers about 14 million UK Steam users with potential per‑user damages around £8‑£23 for games and £14‑£29 for add-ons, totaling up to £656 million as the case proceeds to trial.

Costco Rotisserie Chicken Sparks Class-Action Over Preservative Claims
business1 month ago

Costco Rotisserie Chicken Sparks Class-Action Over Preservative Claims

A class-action lawsuit claims Costco’s $4.99–$5 rotisserie chicken is not preservative-free as advertised, citing label ingredients like carrageenan and sodium phosphate that contradict the ‘no preservatives’ claims on in-store signage and the website; plaintiffs say they wouldn’t have bought or paid full price if they knew, while the FDA lists the additives as GRAS and health considerations vary; Costco has not issued a statement yet.

Google to pay $68M settlement over alleged Assistant privacy recordings
technology1 month ago

Google to pay $68M settlement over alleged Assistant privacy recordings

Google has agreed to pay $68 million to settle a California class-action accusing Google Assistant of secretly recording private conversations on Android devices and sharing the audio with advertisers; the proposed payout requires court approval and would be distributed to eligible device owners dating back to May 2016, with lawyers potentially taking up to about $22 million in fees; Google denies wrongdoing.

Lawsuits Claim Social Apps Fuel Youth Addiction
legal1 month ago

Lawsuits Claim Social Apps Fuel Youth Addiction

Open class-action lawsuits accuse major social media platforms—Instagram, Facebook, TikTok and Snapchat—of engineering features to maximize engagement, contributing to depression, anxiety, body dysmorphia and other mental-health harms in minors. Eligible claimants are individuals who started using social media between ages 8 and 18, are now 25 or younger, used these apps for 3+ hours daily, and have sought treatment for related conditions; the actions are led by Wagstaff & Cartmell and LegaFi Law, inviting affected people to join by submitting information to verify eligibility.

Eightfold AI sued over alleged unnotified applicant screening reports
technology1 month ago

Eightfold AI sued over alleged unnotified applicant screening reports

Two California job seekers sue Eightfold AI, alleging its hiring platform creates screening reports from vast data without notice or a chance to dispute, potentially violating the Fair Credit Reporting Act and state credit-reporting laws; the suit seeks a nationwide class and notes that about a third of Eightfold’s customers are Fortune 500 firms. Eightfold says it uses data provided by users and does not scrape social media.

Lawsuit Alleges New York Uses Solitary Confinement on Minors
crime-and-justice1 month ago

Lawsuit Alleges New York Uses Solitary Confinement on Minors

A federal lawsuit filed in Manhattan by the Legal Aid Society and Jenner & Block on behalf of four Black male detainees alleges New York state uses solitary confinement on minors in five facilities, sometimes for weeks or months, to punish alleged rule infractions or due to staffing shortages. The suit describes 16- to 20-year-olds kept in cells for up to 22–24 hours a day, denied education and bathroom access, and claims this violates state regulations and harms mental health; it seeks class-action relief and highlights gaps between policy and practice.

Polk County man sues Toyota over in-car data privacy and tracking
technology1 month ago

Polk County man sues Toyota over in-car data privacy and tracking

A Polk County man, Phil Siefke, sues Toyota and its Connected Analytics unit, alleging telematics collect and sell highly detailed driving data (location, speed, braking, seatbelt status, and even image/voice data) to third parties like Progressive; a judge ordered arbitration, but Siefke continues pursuing a path for a class-action and stronger privacy protections.