By Ross Todd | March 20, 2020
The proposed deal, reached after two rounds of mediation, would leave open the question of whether the initial coin offering qualified as a securities offering, which would have required the Tezos backers to file a registration statement with the U.S. Securities and Exchange Commission.
By Amanda Bronstad | March 20, 2020
The suit, filed Thursday by Seattle attorneys Steve Berman and Derek Loeser, alleges that Amazon's policies with third-party sellers force them to sell their products on other online sites at the same prices as they do on Amazon. That restricts competition in violation of the Sherman Act, the suit says.
By Amanda Bronstad | March 2, 2020
Apple Inc. has agreed to pay between $310 million and $500 million to settle class actions alleging that it surreptitiously slowed older iPhones with software upgrades. The deal would include potentially $25 payments to class members and $93 million in attorney fees.
By Ross Todd | February 28, 2020
U.S. District Judge Charles Breyer of the Northern District of California opened the hearing by saying that he clearly thought that the plaintiffs had standing to sue. "I think there was injury, and I think that it's an important vindication of an individual's rights to be able to seek redress in a court for an injury, especially for an injury for privacy," Breyer said.
By R. Robin McDonald | February 27, 2020
Lawyers for 147 million class members claim professional objectors are stalling their settlement benefits for personal financial gain.
By Alaina Lancaster | February 27, 2020
Wednesday's ruling from U.S. District Judge Phyllis Hamilton didn't delve into whether the XRP cryptocurrency meets the definition of a security outlined under federal law, but did find that the class action lawsuits were filed within the applicable time limit.
By Ross Todd | February 7, 2020
The complaint claims Google "failed to obtain consent from anyone" when it introduced facial recognition to its cloud service for storing and sharing photos. The lawsuit comes in the wake of the announcement of a proposed $550 million settlement that Facebook Inc. reached in a BIPA class action.
By Alaina Lancaster | February 4, 2020
Customers whose information was sold on the dark web after malware infected retailer Hanna Andersson's Salesforce e-commerce platform will face "a lifetime risk of identity theft," according to a complaint filed Monday in the U.S. District Court for the Northern District of California.
By Ross Todd | February 4, 2020
The plaintiffs claim that the mobile payment company violates the Telephone Consumer Protection Act by sending unauthorized text messages to consumers via its SquareUp loyalty program.
By Ross Todd | Alaina Lancaster | January 29, 2020
Facebook chief financial officer Dave Wehner announced the proposed deal in an earnings call with financial analysts. Plaintiffs lawyer Jay Edelson, who was helping lead the lawsuits brought under the Illinois Biometric Information Privacy Act, confirmed the amount and said lawyers hope to present the settlement to the court "in the coming weeks."
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