Kobe Steel Class Action Lawsuit – Kobe Steel ADR Holders
Kobe Steel Class Action Lawsuit on Behalf of Purchasers or Acquirers of Kobe Steel American Depositary Receipts (“ADR”) Between May 29, 2013 and October 12, 2017, Inclusive (“Class Period”) On December 26, 2017, a securities class action lawsuit was filed... Read More →
Apple iPhone Class Action – iOS Updates and iPhone Performance
Apple iPhone Class Action Filed in the Northern District of California iPhone Class Action Seeks Injunctive Relief & Damages Due to Apple’s Alleged Failure to Inform Consumers that iPhone 6, iPhone 6S, iPhone SE and iPhone 7 Updates to iOS... Read More →
Apple iPhone Slowdown – iPhone Owners File Class Action Lawsuits
Apple iPhone Slowdown – Apple Inc. Sued by iPhone Owners The Mercury News reported (“Two iPhone owners sue Apple over iPhone slowdown admission, seek class-action status”) that Two iPhone owners based in Los Angeles sued Apple . . . a... Read More →
Hotel Room Reservation Resellers Settle FTC Charges
Consumers Making Hotel Room Reservations Allegedly Led to Believe They Were Dealing Directly with Hotels Consumers Not Adequately Notified They Would Be Charged Immediately When Reservations Booked, Instead of After Arrival at Hotel The Federal Trade Commission announced that Utah-based... Read More →
Consumer Alert: More Than a Million Ram Pickup Trucks Recalled
Fiat Chrysler Recalls More than a Million Ram Pickup Trucks Which Can Shift Out of Park Ram Pickup Trucks Affected by the Recall Fiat Chrysler reported the following vehicles affected by the Ram pickup truck recall: -Certain 2010-2017 Ram 2500... Read More →
Woodbridge Ponzi Scheme: SEC Charges Ponzi Scheme Operators
SEC Charges & Asset Freeze Against Group of Unregistered Funds & Their Owner Who Allegedly Bilked Thousands of Retail Investors in a $1.2 Billion Ponzi Scheme Robert H. Shapiro & Woodbridge Group of Companies LLC Defrauded More than 8,400 Investors... Read More →
Seterus – Autodialed Debt Collection Calls to Consumer Cell Phones
Lawsuit Against Seterus, Inc. Which Sought to Stop Autodialed Debt Collection Calls Made to Consumer Cell Phones Without Prior Express Written Consent DISMISSED NOTE: The below-described action against Seterus (Corrigan v. Seterus, Inc., 3:17-cv-02348-RDM) was voluntarily dismissed by both parties... Read More →
Investor News: Novan Stock Drop & Class Action Filed
Novan Stock Drop After Novan Announces Clinical Trials for Acne Treatment Yielded Different Results Novan, Inc. (NASDAQ:NOVN) On January 27, 2017, Novan announced that its two “replicate” Phase 3 clinical trials for its topical acne treatment had yielded different results.... Read More →
Granite Telecommunications Overtime Pay Collective Action
Granite Telecommunications – Overtime Pay Collective Action Filed On December 18, 2017, an overtime pay collective action was filed in United States District Court, Southern District of Florida, West Palm Beach Division, against Granite Telecommunications, LLC for violations of the... Read More →
Investor News: Behavioral Recognition Systems & Ex-CEO Charged
Behavioral Recognition Systems & Former CEO Charged with Fraudulently Raising Approximately $28 million from Investors & Diverting More than $7.8 million for Former CEO’s Benefit On December 14, 2017, the SEC issued a Litigation Release which stated: The Securities and... Read More →
Telemarketing Calls – Robocall Complaints Continue to Increase
FTC’s Do Not Call Registration & Complaint Data – Robocalls & Unwanted Telemarketing Calls – Complaints Have Increased Telemarketing Calls & Telemarketing Robocalls – Some Key Findings Reported in the Federal Trade Commission’s “National Do Not Call Registry Data Book for... Read More →
Investor News – Endo International Class Action Lawsuit
Endo International Class Action Lawsuit Endo International plc (NASDAQ:ENDP) On November 14, 2017, a class action lawsuit was filed in United States District Court, Eastern District of Pennsylvania, against Endo International and certain of its officers on behalf of a... Read More →
Investor News – Qudian American Depositary Shares Loss
Qudian, Inc. (NYSE:QD) Qudian’s IPO & American Depositary Shares – Class Action Lawsuit Filed A class action lawsuit was filed in the United States District Court, Southern District of New York, against Qudian and certain Qudian officers, directors, and underwriters, alleging... Read More →
Equifax Data Breach – Fraud Alert? Credit Freeze? or Credit Lock?
FTC Consumer Information to Help Individuals After the Equifax Data Breach Decide Whether to Place a Fraud Alert, Credit Freeze or Credit Lock In light of the Equifax data breach, the FTC provided FAQ guidance to help individuals decide whether... Read More →
Overdraft Programs – CFPB Study
Overdraft Programs & Overdraft Fees – CFPB’s Overdraft Program Study “Consumer Voices on Overdraft Programs” – CFPB Overdraft Study – Key Findings The CFPB reported that it launched a qualitative study to explore consumers’ thoughts, intentions, and expectations about overdraft... Read More →
Urban Outfitters – Unpaid Overtime Wages Lawsuits
Urban Outfitters Department Managers Misclassified as Exempt – Alleged Fair Labor Standards Act (“FLSA”) Violations Federal lawsuits have been filed against Urban Outfitters, Inc. alleging Urban Outfitters misclassified Urban Outfitters Department Managers as exempt under state and federal overtime laws and... Read More →
Citizens, Inc. – Stock Artificially Inflated?
Citizens, Inc. – SeekingAlpha Reports; Class Action Lawsuit Filed On March 8, 2017, SeekingAlpha reported that “Citizens, Inc. (NYSE:CIA) uses a network of unregulated brokers to sell complex life insurance policies to foreign retail investors and retirees. The policies are sold... Read More →
Robocalls & Robotexts – Know Your Rights
FCC’s “Know Your Rights: The Rules on Robocalls and Robotexts” **FCC rules limit many types of robocalls, though some calls are permissible if prior consent is given. **Rules differ between landline and wireless phones; however, calls and text messages have... Read More →
Liberty Tax, Inc. – Independent Accounting Firm Resigns
Liberty Tax, Inc. (NASDAQ:TAX) – KPMG LLP Resigns as Independent Accounting Firm Kehoe Law Firm, P.C. is investigating whether Liberty Tax and certain of its officers or directors engaged in securities fraud or other unlawful business practices. On December 11,... Read More →
Hilton Grand Vacations – TCPA Violations Alleged
Hilton Resorts Corporation, d/b/a Hilton Grand Vacations – Class Action Filed On December 5, 2017, a class action lawsuit was filed in United States District Court, Central District of California, seeking damages and other available legal or equitable remedies resulting... Read More →
Banc of California – Whistleblower Allegations Reported
Banc of California (NYSE:BANC) Kehoe Law Firm, P.C. is investigating claims on behalf of investors to determine whether Banc of California and certain of its officers or directors engaged in securities fraud or other unlawful business practices. On December 8,... Read More →
Marriott Vacations – TCPA Violations Alleged
Marriott Vacations Worldwide Corporation, d/b/a Marriott Vacation Club – Class Action Filed On December 7, 2017, a class action lawsuit was filed in United States District Court, Central District of California, seeking damages and other available legal or equitable remedies... Read More →
OSI Systems, Inc. – Class Action Lawsuit
OSI Systems, Inc. (NASDAQ:OSIS) A class action lawsuit was filed in United States District Court, Central District of California, on behalf OSI Systems (“OSI Systems” or “OSI”) securities investors, asserting claims under Sections 10(b) and 20(a) of the Securities Exchange... Read More →
Bumble Bee – Medium Red Smoked Salmon
Bumble Bee Premium Select Medium Red Smoked Salmon Subject of Class Action Lawsuit Medium Red Smoked Salmon – Not High-Quality, Not Wild-Caught – Complaint Alleges On December 6, 2017, a class action complaint was filed in United States District... Read More →
Citibank, N.A. – CFPB Takes Action Against Citibank
CFPB Takes Action Against Citibank, N.A. For Student Loan Servicing Failures That Harmed Borrowers Action Against Citibank, N.A. For Deceiving Borrowers About Tax Benefits, Incorrectly Charging Late Fees and Interest, Sending Misleading Monthly Bills and Incomplete Notices On November 21,... Read More →
Otsuka Holdings Co., Ltd. – Nuedexta Marketing
Otsuka Holdings Co., Ltd. (OTSKY) On October 12, 2017, CNN.com published an article, “The little red pill being pushed on the elderly,” which described the marketing efforts of Otsuka’s subsidiary, Avanir Pharmaceuticals (“Avanir”), with respect to Nuedexta, a treatment for pseudobulbar affect. According... Read More →
Eagle Bancorp – Reported Insider Loan Scheme
Eagle Bancorp, Inc. (NASDAQ: EGBN) On December 1, 2017, Aurelius Value published a report (“Eagle Bancorp’s Insider Loan Scheme Exposed”) stating that it Aurelius Value had “. . . uncovered evidence of an insider loan scheme involving [Eagle Bancorp’s] CEO and certain Board Members... Read More →
INC Research Holdings – Class Action Lawsuit
INC Research Holdings, Inc. A class action lawsuit was filed against INC Research (INCR changed to SYNH on Jan. 8, 2018) and certain of its officers related to alleged violations of federal securities laws. INC, a clinical research company that provides Phase I-IV clinical development... Read More →
Triangle Capital Corporation – Class Action Lawsuit
Triangle Capital – Class Action Lawsuit Filed A class action lawsuit has been filed against Triangle Capital Corporation (“Triangle Capital”) (NYSE:TCAP) and certain of its officers in United States District Court, Southern District of New York, on behalf of investors... Read More →
SCANA Corporation – Nuclear Project Probed
SCANA (NYSE: SCG) – SEC Investigation On October 17, 2017, the Charlotte Business Journal reported that the U.S. Securities and Exchange Commission is investigating SCANA’s “handling of the shuttered V.C. Summer nuclear expansion project.” According to the story, “SCANA announced . .... Read More →
Checkers – Alleged TCPA Violations – Lawsuit Filed
Checkers – Telephone Consumer Protection Act (“TCPA”) Class Action Lawsuit Filed Lexology recently reported that fast food chain Checkers Drive-In Restaurants, Inc. (“Checkers”) and its affiliate mobile marketer were sued in federal district court for alleged violations of the TCPA.... Read More →
Robocalls – FCC Adopts New Robocall Blocking Rules
FCC Allows Service Providers to Proactively Block Certain Types of Robocalls The FCC adopted new rules on Nov. 16, 2017 that . . . allow voice service providers to proactively block certain types of robocalls that are likely to be... Read More →
Phillips 66 – Preliminary Settlement Approval
Preliminary Approval Given to Class Action Settlement Resolving Wage and Hour Violation Allegations On November 21, 2017, Law360 reported that “[a] California federal judge preliminarily approved . . . Phillips 66’s $5.5 million settlement that would resolve a putative class... Read More →
Volkswagen – Volkswagen’s Attempt to Dismiss Lawsuit Denied
Volkswagen’s Attempt to Dismiss Lawsuit Ruled Moot With Filing of Amended Complaint On November 22, 2017, Law360 reported that [a] Florida federal judge . . . denied Volkswagen’s bid to toss a lawsuit over an alleged suspension defect in its CC... Read More →
Uber – Uber’s Massive Data Breach; $100K Ransom Payment
Uber – Uber Allegedly Paid Hackers To Delete Stolen Data Kehoe Law Firm, P.C. is investigating claims related to a massive data breach of sensitive personal information from transportation company Uber. According to The New York Times: Uber disclosed .... Read More →
Robocalls – Federal Debt Collection Robocalls
Robocalls – Federal Communications Commission (“FCC”) Update Regarding Federal Debt Collection Robocalls According to the FCC: . . . on August 2, 2016, the FCC adopted rules to implement amendments to the Telephone Consumer Protection Act (“TCPA”) that exempt some... Read More →