All Class Actions articles
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Article
Dutch trade union brings legal action against FIFA
The Fédération Internationale de Football Association (FIFA) is the subject of another legal action for failing to ensure that the rights of migrant workers are respected as they work on projects connected to the 2022 World Cup in Qatar. Neil Hodge reports.
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Blog
San Francisco, we have a problem
Richard Steinberg asks: If Wells Fargo CEO John Stumpf had realized how big his problems were about to become, would he have acted differently?
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Blog
Accounting class actions rise again in 2015, analysis shows
Accounting-related class-action settlements jumped to $2.6 billion in 2015, with 86 percent of the cases involving allegations of internal control weaknesses, according to the latest analysis by Cornerstone Research. The largest increase in settled cases in 2015 involved cases where investors raised allegations of internal control weaknesses but the company ...
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Blog
Blind moviegoers file suit for being left in the dark
It’s the kind of legal case that causes groans across social media these days: a group of blind moviegoers sue AMC theatres for discrimination because it failed to accommodate the moviegoers’ special needs. On the surface, the lawsuit might seem ridiculous, but when you take a closer look, there is ...
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Article
New U.K. Law Introduces U.S.-Style Class Actions
Image: A change in British law is bringing American-style class-action lawsuits in cases where companies violate competition laws—something U.S. companies operating in Britain should keep in mind when implementing strategies to reduce antitrust risks. “It’s anticipated that there will be a lot more litigation in English courts going forward because ...
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Article
Audit Litigation Risk Down, but Not Out
The respite from litigation that audit firms have enjoyed the past few years may be ending. A recent study found class-action lawsuits alleging accounting improprieties rose in 2014 after two of the lightest years in the past decade. While only a tiny fraction of those class-action filings are directed at ...
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Blog
Accounting-Related Class-Action Lawsuits Jump in 2014
Image: A Cornerstone Research report says securities class-action filings involving allegations of accounting improprieties jumped sharply from 47 in 2013 to 69 in 2014. Senior adviser Laura Simmons said Cornerstone expected the SEC’s increased focus on financial reporting issues might lead to an increase in class actions with these issues. ...