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Class Action against Sony Largely DismissedOctober 23 2012, 4:49 pm
A US District judge has largely dismissed the claims of a class action suit filed against Sony after an April 2011 data breach. For a month, millions of user’s personal details were compromised after hackers penetrated the defenses of Playstation Network, Qriocity. The class action claimed the security breach of their personal data was a […]
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August 28 2012, 4:42 pm
Every holiday season the battle for hotel offers reaches a climax. This month, however, the situation seems to have reversed due to a class action lawsuit which claims that Expedia, Hotels.com, Travelocity.com, Orbitz, Hilton, Marriott International Inc. and others conspired to fix prices of hotel rooms sold online. The suit was filed by Seattle law […]
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July 30 2012, 4:47 pm
Federal securities class action activity fell in the first six months of 2012 compared with 2011, with 88 filings in the first six months of 2012, a drop of 6% from both the first half and second half of 2011, according to Securities Class Action Filings—2012 Mid-Year Assessment. Despite the drop in CRM-related filings, filings […]
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July 4 2012, 4:08 pm
The recent scandal involving Barclays Bank and the rigging of key inter-bank interest rates has caused outrage here in the UK. So far there have been resignations from Bob Diamond, the bank’s chief executive and their Chairman, Marcus Agius. What lies ahead The Libor investigation is likely to continue on two fronts in the coming […]
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June 27 2012, 2:53 pm
Goal Group understands that PNC bank has agreed to pay $90 million to settle a class action lawsuit which accused the bank of improperly manipulating its customers’ debit card transactions in order to generate excess overdraft fee revenues. The lawsuit, part of multidistrict litigation involving more than 30 different banks entitled In re Checking Account Overdraft Litigation, is […]
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June 20 2012, 5:16 pm
In early may Goal Group blogged about how the Centro class action case made Australian history. In the latest development The Federal Court in Melbourne has formally approved Australia’s biggest-ever settlement in a class action lawsuit, a $200 million deal for Centro shareholders, bringing to an end more than four years of complex and expensive […]
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June 13 2012, 11:12 am
Goal Group understands that the Hong Kong securities regulator this month proposed introducing civil liability for banks working on initial share sale prospectuses may also allow class-action lawsuits to help investors seek damages. Currently Hong Kong allows multiparty proceedings under rules the city’s then-chief justice Andrew Li criticized as restrictive and inadequate in 2004. Losing parties must […]
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May 25 2012, 3:23 pm
Goal Group understands that Groupon has settled a class action lawsuit for $8.5 million over expiration dates on the company’s daily deals. Over the past couple of years seventeen Groupon subscribers have filed individual lawsuits regarding the expiration dates on Groupon deals sold or advertised. The suits allege, among other things, that Groupon imposed illegal […]
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May 23 2012, 1:55 pm
The recent floatation of Facebook was one of the most anticipated the world has ever seen. With 900 million users and a valuation of $100 billion it is easy why the floatation caused so much interest for so many people. However Facebook’s first few days of trading could be gate-crashed by a $15 billion class […]
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May 15 2012, 2:27 pm
Goal Group understands that a New York judge has allowed a class action case to proceed against Apple and six publishing houses, alleging a price-fixing scheme for electronic books, citing “ample” indications of a conspiracy. The ruling came in response to a request to dismiss the case from Apple, and the publishers — HarperCollins, Simon […]
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May 9 2012, 4:49 pm
In what has been the biggest court case of the year, Centro Retail Australia and PricewaterhouseCoopers have in principle agreed to a record class action settlement of $200 million lead by law firm Maurice Blackburn. This long running case has centred on allegations that Centro and its former auditors engaged in misleading and deceptive conduct […]
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May 4 2012, 4:20 pm
Sonae Indústria is one of the largest wood based panel producers in the world, which includes a wood-chip plant in Kirkby. According to the Liverpool Echo this could be the biggest class action lawsuit the UK has ever seen. Three solicitor firms are leading the way in what could be a major judicial case having been […]
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April 25 2012, 11:26 am
In a judgment on 30th March 2012, the Ontario Court of Appeal has upheld an earlier ruling that allows a proposed securities class action to proceed in the Canadian courts despite not relating to shares listed on a Canadian exchange. The ruling, in Abdula v. Canadian Solar, relates to the interpretation of the Ontario Securities […]
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January 19 2012, 12:45 pm
Class action lawsuits are synonymous with large corporations and big business. For many people if you mention class action lawsuits they will immediately think of the likes of Enron, Wal-Mart and Exxon-Mobil. There are however times when a class action lawsuit will emerge from other circumstances such as the recently wrecked Italian cruise ship, Costa […]
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July 27 2011, 1:12 pm
New York – A US shareholder who purchased $38,000 in News Corp shares earlier this year filed a class action lawsuit against the global media group on Friday, claiming that News Corp, the Murdochs, and Rebekah Brooks intentionally covered up and concealed the phone hacking offenses. The investor, Lewis Wilder, has initiated the first federal-level […]
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July 4 2011, 5:23 pm
According to recent research, investors in foreign shares are losing out on £250m every year because they do not reclaim tax that is deducted from their dividends. When companies are paying dividends to overseas investors, many countries will apply a withholding tax to the dividends before it reaches the investors. It is then up to […]
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June 9 2011, 2:56 pm
It has emerged that British Airways has agreed to settle a $90 million class action lawsuit in the US over cargo price fixing. After global regulators and lawyers discovered evidence of price-fixing by at least 15 companies between 2000 and 2006, a number of lawsuits were put together. Prior to BA’s $90 million settlement, Air […]
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December 9 2010, 3:42 pm
British Airways recently faced legal action from two UK flower importers allocating that the company was involved in price-fixing cartel. The flower importers believed that their loss in revenue was due to the unmerited price of air cargo imposed by the airline. After being brought to High Court, the airline has won the lawsuit thus […]
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August 26 2010, 4:58 pm
One of the largest legal battles in history all started when Stephanie Odle, an assistant manager at Wal-Mart subsidiary Sam’s Club, realized she was making over $20,000 less than a male assistant manager at a Sam’s Club where she had previously been employed. Her case became the starting point for a 2001 class action lawsuit […]
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June 17 2010, 12:16 pm
It may be hard to believe but it wasn’t that long ago when doctors would tell you smoking tobacco was perfectly healthy. In fact your doctor would probably offer you one, reassuring you that it is relaxing and no bad will come of it. How very wrong they were! In 1950 two doctors working with […]
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June 14 2010, 5:00 am
The BP oil spill in the Gulf of Mexico is terrible and tragic example of humanity with a ferocious appetite for oil. You could argue that this demonstrates humanity’s dependency is a weakness which jeopardises our very planet and so the rig should never have been there at all. You could also argue that instead […]
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June 4 2010, 5:00 am
The 20th of April was a very bad day for BP and the consequences of this man-made disaster are now being felt but will inevitably continue and worsen until the spill is contained, cleared up and people are compensated. As we all know the Deepwater Horizon oil rig was based off the cost of America […]
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May 10 2010, 1:43 pm
We first started flocking to Spain in the 1970′s. The package holiday made areas like the Costa del Sol an affordable holiday for millions. Since then things have changed tremendously and there are thousands of British people who currently or have previously owned property in Spain. The attractions of a home in the Mediterranean have […]
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April 23 2010, 3:17 pm
We have all heard a many stories about the credit crunch and how poor practice and greed ended up costing millions of people around the world a lot of money. By exposing these guilty companies for what they are, we are hopefully preventing the same mistake from happening again. It is therefore vital that when […]
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April 20 2010, 5:24 pm
The Met Office has been accused of using a scientific model based on “probability” rather than fact to forecast the spread of the volcanic ash cloud that made Europe a no-fly zone and ruined the plans of more than 2.5 million travellers in and out of Britain. A senior European official said there was no […]
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April 20 2010, 3:25 pm
In recent days there has been a great deal of interest in the Investment bank Goldman Sachs. The company, which was once a jewel in America’s economy, now in the wake of their government bailout, the company has become public enemy number one and may have to face a class action lawsuit, the likes of […]
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April 19 2010, 4:37 pm
It is being reported that the FSA are to look into the UK activities of the beleaguered Wall Street bank which the US regulator has accused of a $1bn fraud, and now has to contemplate an unprecedented class action lawsuit on an epic scale. The Embattled Wall Street firm Goldman Sachs is now facing an investigation by […]
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April 15 2010, 10:56 am
EMMA SADOWSKI – City AM Banks have walked away from potentially paying out billions of pounds in class action settlements, after a clause in the Financial Services Bill surrounding the matter was struck before the bill passed though parliament. The Financial Services Bill, which reached Royal Assent during the wash-up period last week, saw clauses […]
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April 14 2010, 10:02 am
With a general election only a couple of months away, the rush to get the Financial Services Bill enacted before Parliament is dissolved, City Minister Lord Myners has put forward amendments to remove clauses 18 to 25 from the Bill. Mathew Rutter, financial services partner at Beachcroft, said: “When the Bill was first published, we […]
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April 12 2010, 5:17 pm
The creators of the comedy show South Park it would seem show absolutely no remorse for all the celebrities they have ridiculed over the years. However Tom Cruise, Kanye West and Oprah Winfrey will have their revenge on South Park in an upcoming milestone episode, it has been announced, but not as you might think! […]
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April 8 2010, 9:51 am
Goal Group understands that victims of Hurricane Katrina are seeking to sue carbon gas-emitting multinationals for helping fuel global warming and boosting the 2005 storm. Proof yet again, that America truly is a place where anything is possible. The class action lawsuit brought by residents from southern Mississippi, which was ravaged by hurricane-force winds and […]
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April 8 2010, 9:49 am
Goal Group understands that Toyota closed its doors on manufacturing plants in France and Britain while lawyers work on merging multiple class action lawsuits against the company for out-of-control speeding cars. The ailing company initially remarked the closings were due to low sales but then commented it was to regroup in preparation to begin building a new […]
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