Disney $43M Settlement in Equal Pay Class Action - USA Herald
Nov 26, 2024 · The Walt Disney Co. has agreed to pay $43.25 million to settle a class-action lawsuit accusing the company of systematically underpaying thousands of women in middle management compared to their male counterparts. The settlement, filed Monday in Los Angeles Superior Court, resolves a five-year legal battle alleging violations of California’s Equal Pay Act and the Disney agrees to a $43.25 ...
Biggest Environmental Cases In 2024 to Capture Headlines
Jan 1, 2024 · In a legal spectacle with potential seismic shifts, the U.S. Supreme Court gears up for two watershed cases in 2024 that may reshape administrative law across industries. At the heart of Loper Bright v. Raimondo and Relentless v. U.S. Department of Commerce is a challenge to a National Marine Fisheries Service rule, but the real
Citigroup Accuses Ex-Employees of Client Poaching and Trade …
Nov 22, 2024 · Citi Sues Ex-Law Firm Group Bankers Alleging Trade Secret Violations . By Samuel A. Lopez – USA Herald [SAN FRANCISCO, Calif.] – Citigroup has filed a lawsuit against two former private bankers, John Mitchell and Benjamin Carr, who recently left the bank for Bank of Montreal’s law firm wealth management group. Filed in California federal court, the lawsuit accuses Mitchell and Carr of ...
ILearningEngines Files for Chapter 11 Bankruptcy - USA Herald
Dec 23, 2024 · AI software company iLearningEngines has filed for Chapter 11 bankruptcy protection in Delaware, citing mounting pressures from a recent cyberattack, allegations of revenue misreporting, and a proposed securities class action lawsuit. The Bethesda, Maryland-based company, which reported up to $500 million in debt and assets, aims to restructure its finances to stabilize operations.
General Electric $362.5M Settlement Awaits Judge’s Approval
Nov 27, 2024 · General Electric Co. shareholders have requested a Manhattan federal judge’s approval for a $362.5 million settlement to conclude a lengthy securities class action. The lawsuit, poised to go to trial, accused GE of hiding critical cash flow problems that led to a dramatic stock price drop. Settlement Deemed "Outstanding Result" The class representatives, Swedish pension General Electric ...
Erisa Suit $5m Settlement Reached in Elevator Workers’ …
Aug 23, 2024 · Two elevator workers have asked a Pennsylvania federal court to approve a $5 million settlement in their class action lawsuit against their union's retirement plan. The workers accused the plan's trustees of violating the Employee Retirement Income Security Act (ERISA) by allowing excessive fees and poor investment options, which they claim drained tens of thousands
The Beatles, AI, and “Now and Then”: A Grammy Moment Like No …
Nov 19, 2024 · The Beatles have once again made history, not through a time machine but with the help of artificial intelligence (AI). Their song “Now and Then,” released last year, has garnered nominations for Record of the Year and Best Rock Performance at the 2025 Grammy Awards. The Beatles earned 23 Grammy nominations and seven wins over
Cynosure Wins $25M Verdict In Poaching Trial - USA Herald
Oct 3, 2024 · Medical device company Cynosure secured a $25 million jury award after a Massachusetts federal court found that rival Reveal Lasers and two former Cynosure sales managers had violated noncompete, nonsolicitation, and nondisclosure agreements. The verdict concludes a contentious trial over claims that Reveal Lasers raided Cynosure’s sales and marketing teams, causing significant business losses.
Luigi Mangione Pleads Not Guilty to Murder Charges in …
Dec 23, 2024 · Prosecutors have said the two cases will proceed on parallel tracks, with the state charges expected to go to trial first. One of Mangione’s attorneys told a judge that government officials, including New York Mayor Eric Adams, have turned Mangione into a political pawn, robbing him of his rights as a defendant and tainting the jury pool.
MetLife Subsidiary Reaches Settlement Over Iran Sanctions …
Nov 27, 2024 · Under the Microscope OFAC’s Action: The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has investigated American Life Insurance Company (ALICO), a MetLife subsidiary, for apparent violations of Iranian sanctions. Settling the Score: ALICO’s $178,421 settlement acknowledges its responsibility for insuring entities tied to the Iranian government, underscoring the ...