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Amazon Steers Consumers to Higher-Priced Items, Lawsuit Claims
Amazon.com AMZN.O was sued in a proposed U.S. class action accusing the online retailer of violating a consumer protection law by steering hundreds of millions of shoppers to higher-priced items in order to earn extra fees. According to a complaint … Source: Claims Journal
Read MoreGoldman Sued by Hollywood Managers Over $7 Billion Private Equity Deal
Goldman Sachs Group Inc. was sued by a Hollywood business management firm that claims it was strung along as a mergers and acquisitions client while the bank pursued a much larger $7 billion deal with a private equity firm. In … Source: Claims Journal
Read MoreSupreme Court in UBS Case Makes it Easier for Whistleblowers to Win Suits
The U.S. Supreme Court on Thursday made it easier for financial sector whistleblowers to win lawsuits accusing companies of unlawfully firing them as retaliation for disclosing wrongdoing, rejecting a bid by Switzerland’s UBS Group to impose a higher bar. The … Source: Claims Journal
Read More66% of Motorists Say They Use a Cellphone While Driving
More than one-in-six drivers say they use their cellphone while driving, a new survey shows. Mercury Insurance polled 1,000 drivers who were asked to rate their driving skills and then answer a variety of questions on distracted road habits. The … Source: Claims Journal
Read MorePeople Moves: WIND Network Names New Officers, Board Members
The Windstorm Insurance Network, known as WIND, a continuing education organization for adjusters, appraisers and other claims professionals, has installed new officers and board members after its annual conference in Orlando. Wayne Taylor, a plaintiffs’ attorney with Mozley, Finlayson & … Source: Claims Journal
Read MoreAllstate Reverses Q4 Loss With Benefit of Low Cat Losses, Auto Rate Increases
Allstate Corp. fourth quarter 2023 net income attributable to common shareholders was about $1.5 billion, reversing a loss of $303 million during the same time the prior year. Allstate CEO Tom Wilson said “improved auto profitability and mild weather” drove … Source: Claims Journal
Read MoreSnoop Dogg Sues Walmart Over ‘Diabolical’ Acts in Cereal Deal
Rap stars Snoop Dogg and Master P sued Walmart Inc. and Post Foods LLC, claiming the consumer giants conspired to crush their Snoop Cereal, intended as a model for other minority-owned brands. The musicians’ company Broadus Foods LLC accuses the … Source: Claims Journal
Read MoreCourt Nixes ‘Wrongful Life’ Framing in Upholding $38M Fertility Malpractice Award
The Connecticut Supreme Court has ruled that claims involving the evolving field of assisted reproductive technologies can be decided using traditional negligence and medical malpractice principles and do not require consideration as novel “wrongful life” causes of action. The high … Source: Claims Journal
Read MoreNBA Sued Over Deal With Failed Crypto Exchange Voyager
The National Basketball Association was hit with a lawsuit over its marketing links to failed crypto exchange Voyager Digital Holdings Inc., which investors claim led to $4.2 billion in losses. The NBA was “grossly negligent” in agreeing to a marketing … Source: Claims Journal
Read MoreBoeing 737 in Alaska Air Accident Was Missing Bolts, US Says
A dramatic accident on an Alaska Airlines flight last month was apparently triggered by a door plug that hadn’t been properly attached before the plane was delivered by Boeing Co., US investigators said Tuesday. Four bolts that acted as a … Source: Claims Journal
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