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Aequitas Investors Settle Securities Class Action in Oregon

July 11, 2019 by

Plaintiffs in a class action have entered into a settlement with a number of third parties who are alleged to have participated in or materially aided sales of securities by the now-defunct Aequitas companies of Lake Oswego, Oregon. The settlement totals $234.6 million and is on behalf of approximately 1,600 investors. It is believed to

Discrimination Class Action Against Airbnb in Oregon is Allowed to Proceed

October 31, 2018 by

Oregon federal district judge Michael Simon denied a motion to dismiss an Oregon class action lawsuit that alleges Airbnb allows discrimination against black users. The lawsuit contends the vacation rental website, which connects homeowners with travelers looking to rent a room, allows the homeowners to discriminate by requiring would-be guests to register with their full

Republicans move to invalidate new CFPB rule banning forced arbitration

July 21, 2017 by

On July 20, 2017, Congressional Republicans began a process to attempt to eliminate a Consumer Financial Protection Bureau rule that stops companies from putting class action bans in their arbitration clauses and makes it easier for consumers to sue banks, credit card firms, payday lenders and other service providers in court.

Ashley Madison settles data breach class action for $11.2 million

July 18, 2017 by

Ruby Life, Inc., the parent company of online dating website Ashley Madison, reached an $11.2 million deal to resolve a class action in which users alleged that Ashley Madison had failed to use proper care to secure their personal information after a data breach allegedly disclosed information regarding 37 million users.

Bumble Bee Foods LLC pleads guilty to fixing prices for packaged tuna

May 9, 2017 by

Bumble Bee Foods LLC will plead guilty to fixing prices for packaged tuna and pay a criminal fine of at least $25 million in the first charges to be filed against a corporation in the U.S. Department of Justice’s ongoing criminal antitrust investigation into the seafood industry, the DOJ said Monday, May 8, 2017.

BBC World News connects passenger being dragged off of United Airlines plane to unequal bargaining power between consumers and corporations in America as a result of forced arbitration clauses

April 12, 2017 by

On the April 11, 2017, BBC World News Program, the announcer told a reporter for the Atlantic that traditionally in the United States, if a group of consumers were being treated unfairly by a large corporation, it might result in a lawsuit.

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