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Part 7: Securities Fraud: When "good" Investments Disappear The nest egg stories Cases of investment and securities fraud come in many sizes. It is hard not to feel for middle aged and older individuals who have seen their life savings and pension investments shrivel or disappear while under the supposedly watchful eye of some third party.
Latest Lawsuit News & Legal Information
Nurse Recruiters Fight for Meal Break PaySan Francisco, CA On December 1, the California Supreme Court heard arguments by nurse recruiters seeking to revive a California labor lawsuit against AMN Services LLC. The lawsuit, originally filed in 2014, arose from the way the company’s time-rounding software had tracked employees’ required meal breaks.
“Do I have an Asbestos Case”? Your Questions Answered by Asbestos and Mesothelioma AttorneyBirmingham, AL “People can still bring cases and pursue claims of asbestos exposure today, even though this litigation has been going on for decades,” says Gregory Cade, mesothelioma and asbestos lawyer and President of Environmental Litigation Group (“ELG”). If your claim has been denied, attorney Cade explains how you may try to qualify again.
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Zantac JUUL Mesh Hips Talc Roundup CA Labor? Can California Cashiers Sit on the Job?Sacramento, CA The latest ruling over Ralphs Grocery Store seating for cashiers – initially filed in 2016— has reversed a trial court’s decision to link two California labor lawsuits that accuse parent company The Kroger Co. of not providing its employees with seating. On November 20, the California state appeals court found that cases implicating different job titles, time periods and claims could be litigated separately.
“Abysmal” or “Too Conservative”? Supermarket ERISA Lawsuit to Settle for $17.5 MillionBoston, MA
Toomey v. DeMoulas Super Markets, Inc., a class action ERISA lawsuit filed in the Massachusetts District Court in 2019, will settle for $17.5 million and prospective changes to the plan’s investment strategy, pending the court’s final approval in April 2021. While ERISA industry advisors have characterized the DeMoulas (Restated) Profit Sharing Plan and Trust’s investment management style as “too conservative,” the Complaint is far more brutal. It describes the performance of the investment fund as “abysmal.”
Ride-Hailing Companies exempt from classifying drivers as employees, but not exempt from California labor lawsuitsSan Francisco, CA Despite winning Proposition 22, which means that Uber, Lyft and other ride-hailing companies are exempted from AB5 and drivers are reclassified as independent contractors, the companies are not immune to California labor lawsuits.
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