Capital One Sued for Misleading Customers on Savings Rates January 14, 2025 By Paige Smith Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it...
Robinhood to Pay $45M to Settle SEC Charges Over Recordkeeping, Other Violations January 14, 2025 By Jonathan Stempel and Chris Prentice Online trading firm Robinhood Markets has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over...
Edison Utility Sued Over Role of Equipment in Los Angeles Fire January 13, 2025 By Jef Feeley, Mark Chediak and Malathi Nayak Edison International Inc.’s southern California utility was hit with a lawsuit blaming the energy provider’s equipment for igniting one of...
Purdue’s Sacklers Offer to Increase Contribution in New Opioid Settlement, WSJ Reports January 13, 2025 By Rhea Rose Abraham The Sackler family, owners of Purdue Pharma, is offering to increase their financial contribution to a bankruptcy settlement of opioid...
US Supreme Court Rejects Bid by Oil Companies to Toss Honolulu’s Climate Suit January 13, 2025 By John Kruzel The U.S. Supreme Court declined on Monday to hear a bid by Sunoco and other oil companies to scuttle a...
Apple Fights $1.8B App Store Suit in First of UK Class Actions Against Tech Giants January 13, 2025 By Sam Tobin Apple has abused its dominant position by charging app developers an unfair 30% commission through its App Store, costing British...
US Sues Airbnb After Host Rejected Rental to Mother With Children January 13, 2025 By Jonathan Stempel The U.S. government sued Airbnb Friday, alleging housing discrimination after a host refused to rent an apartment to a mother...
Kroger to Pay $110M to Resolve Kentucky Lawsuit Over Opioid Epidemic January 10, 2025 By Nate Raymond Kroger has agreed to pay $110 million to resolve a lawsuit by the state of Kentucky alleging the supermarket chain’s...
Settlements Eclipse $40B in 2024 as PFAS, Reverse Discrimination Claims Emerge January 9, 2025 By Chad Hemenway Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400...
JPMorgan Files Two Lawsuits in Greece and UK Over Viva Wallet January 8, 2025 By Sotiris Nikas JPMorgan Chase & Co. filed two new lawsuits over its investment in Greek fintech Viva Wallet in a messy dispute...