Class Action news and trends

FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit

November 28, 2023
UK Tribunal Halts Proposed Class-Action Lawsuits Against Mastercard and Visa
Credit Cards // June 08, 2023

Proposed lawsuits against Mastercard and Visa in the United Kingdom have been halted. The country’s Competition Appeal Tribunal ruled Thursday (June 8) that the four lawsuits proposed by Commercial and Interregional Card Claims (CICC) cannot proceed now but that the lawyers can provide revised proposals within eight weeks....

Lawsuit Targets WeWork For Lost Value After Pulled IPO
Legal // November 10, 2019

A lawsuit is being launched by minority shareholders against WeWork, Adam Neumann — its co-founder and former chief executive officer — and the prime investor, Japan’s SoftBank, Reuters reported on Friday (Nov. 8). In a proposed class action filed in San Francisco Superior Court, the...

Calif Lawmakers Seek More Stringent Data Privacy Law
Regulation // February 26, 2019

California lawmakers are looking to make their strictest-in-the-nation data privacy law even tougher. Last year, California passed the California Consumer Privacy Act (CCPA) that provides consumers with more transparency and control over their digital data. The law, which goes into effect next year, gives consumers the right to...

Uber Lawsuit Verdict: Drivers Are Contractors, Not Employees
Ridesharing // September 26, 2018

A three-judge panel has ruled in favor of the company in the Uber lawsuit focused on Uber jobs and whether the ridesharing company’s drivers should be considered Uber employees or freelancers. According to The Verge, the Ninth US Circuit Court of Appeals issued a decision on Tuesday...

Quick Reads
FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit

November 28, 2023
Investors who lost billions of dollars in the collapse of cryptocurrency exchange FTX have reportedly expanded their legal action to include Major League Baseball (MLB), Formula 1 racing, and Mercedes-Benz Group AG’s racing team. The investors allege that these entities aided and abetted the fraud orchestrated by FTX, adding to the existing class-action suit that already includes celebrity promoters, Bloomberg reported Tuesday […]

UK Tribunal Halts Proposed Class-Action Lawsuits Against Mastercard and Visa

June 08, 2023
Proposed lawsuits against Mastercard and Visa in the United Kingdom have been halted. The country’s Competition Appeal Tribunal ruled Thursday (June 8) that the four lawsuits proposed by Commercial and Interregional Card Claims...

Lawsuit Targets WeWork For Lost Value After Pulled IPO

November 10, 2019
A lawsuit is being launched by minority shareholders against WeWork, Adam Neumann — its co-founder and former chief executive officer — and the prime investor, Japan’s SoftBank, Reuters reported on...

Calif Lawmakers Seek More Stringent Data Privacy Law

February 26, 2019
California lawmakers are looking to make their strictest-in-the-nation data privacy law even tougher. Last year, California passed the California Consumer Privacy Act (CCPA) that provides consumers with more transparency and control over their...