Class Actions Blog

London Whale class action proceeding against JP Morgan

Posted on: April 24th, 2014 by Steve Larson

Law and justice concept, gavelA New York federal judge refused to dismiss JP Morgan Chase & Co. and CEO Jamie Dimon from a shareholder class action over the bank’s $6 billion “London Whale” trading fiasco.  U.S. District Judge George B. Daniels denied a request by JPMorgan, Dimon and former bank finance chief Douglas Braunstein to be dismissed from the suit. The judge said the plaintiffs had adequately alleged that public statements by Dimon and Braunstein about the trades during an April 2012 earnings conference call “were materially false and misleading when made.” Read more…

Texas oil spill generates class action

Posted on: April 23rd, 2014 by Steve Larson

High cost of oilCharter fishing businesses and individuals who have suffered property losses and other costs as a result of the March 22 collision near the Texas City Dike have filed a class action lawsuit in federal court against Kirby Inland Marine and Cleopatra Shipping Agency.  The suit was filed March 24 in U.S. District Court in Galveston over the collision of a barge pushed by a tow boat named Miss Susan and a 585-foot bulk carrier, Summer Wind. Kirby Inland Marine owns the vessel Miss Susan, while Cleopatra Shipping Agency owns Summer Wind. Read more…

General Mills reverses mandatory arbitration requirement

Posted on: April 21st, 2014 by Steve Larson

Market LeaderThe New York Times reported that General Mills, one of the country’s largest food companies, on Saturday night announced in a stunning about-face that it was withdrawing its controversial plans to make consumers give up their right to sue it.

In an email sent after 10 p.m. on Saturday, the company said that due to concerns that its plans to require consumers to agree to informal negotiation or arbitration had raised among the public, it was taking down the new terms it had posted on its website. Read more…

GM named in class action involving faulty ignitions

Posted on: April 17th, 2014 by Steve Larson

Fotolia CarGeneral Motors was hit with what a lawsuit related to the recall of 1.6 million cars, as customers claimed their vehicles lost value because of ignition problems blamed for a series of fatal crashes.  The proposed class action, filed in federal court in Texas, said GM knew about the problem since 2004, but failed to fix it, creating “unreasonably dangerous” conditions for drivers of the affected models. Read more…

Vivian Connell tweet is dark comedy relating to privacy laws

Posted on: April 15th, 2014 by Steve Larson

LikeIn her tweet on what happens when you click on “Agree” to terms and conditions, Vivian Connell lists the types of terms you are agreeing to, including the line: “Settlements will be determined by an arbitrator who gets kickbacks from us.”

Here is the link to the video.  tacma.net/tacma.php.

JPML transfers cast iron sewer pipe antitrust class actions to Tennessee

Posted on: April 11th, 2014 by Steve Larson

Law and justice concept, gavelThe U.S. Judicial Panel on Multidistrict Litigation agreed to consolidate in Tennessee federal court a number of proposed class actions accusing AB&I Foundry and other sellers of cast iron soil pipe and fittings of conspiring to artificially inflate prices.   As many as eight actions filed by plumbing wholesalers and other plaintiffs will be combined and heard by Judge Harry S. Mattice Jr. in the U.S. District Court for the Eastern District of Tennessee, the panel said in a three-page order. Read more…

Legal Disclaimer

The information contained in this blog does not constitute legal advice, and does not create an attorney-client relationship. We make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this blog.

About Class Actions:

About this blog

This blog is intended to provide information to the general public and to practitioners about developments that may impact Oregon class actions.

About the author

  • Steve Larson

  • Steve Larson
  • Steve Larson has been representing investors, consumers and employees in class actions in Oregon for over 20 years. He is a shareholder at the law firm of Stoll Berne in Portland, Oregon.
Follow stollberne on Twitter

Subscribe to this blog