Chitika

Wednesday, July 22, 2015

Class Action News 22nd July 2015

MICROSOFT MAY FACE DISC-SCRATCHING CLASS-ACTION LAWSUIT


Microsoft may be on the verge of a class-action lawsuit following a recurring claim that an Xbox 360 defect gouges discs.

As Arstechnica reports, a decision was made by the 9th US Circuit Court of Appeals on Monday that says Microsoft should either face litigation regarding the claims or face a Supreme Court showdown.

Ashley Madison at risk of class action lawsuit


Several high-profile hacks, including the recent attack against Ashley Madison, a website for people looking to have an affair, have raised questions about whether online activity is ever truly private.

Ashley Madison is built around the notion of safeguarding its users' information — reflected in its signature image of a woman's pursed lips making the 'shh' sign, seemingly meant to reassure would-be adulterers that their secrets are safe.
Securities class action launched against Yingli solar


Troubled manufacturer is accused of misleading potential investors. Chinese giant was unable to borrow from lenders, say claimants.

Solar giant Yingli's woes are set to continue with the news a U.S. law firm has lodged a class-action lawsuit in California on behalf of investors who bought shares in the Chinese manufacturer, from March last year up to last Wednesday.

Law firm Pomerantz LLP has given prospective claimants until next Monday (July 27) to join the action, according to a report run today on the globenewswire.com wire service.

Jon Corzine may face class action over MF Global

NEW YORK • MF Global Holdings Ltd. commodities customers may pursue their lawsuit seeking hundreds of millions of dollars from former chief executive Jon Corzine and other officials over the brokerage's bankruptcy as a class action, a federal judge said on Monday.

U.S. District Judge Victor Marrero in Manhattan said it was desirable to let the roughly 25,200 customers sue as a group rather than require a "plethora" of individual lawsuits, a process he said would be "wholly inefficient and wasteful."

The lawsuit seeks at least $820 million, comprising at least $350 million of prejudgment interest, and $470 million to repay advances from MF Global brokerage trustee James Giddens, which he could not recover in the bankruptcy proceedings, according to Merrill Davidoff, a lawyer for the customers.



It was just last week that we posted a report titled "Employees who Sued Apple in 2013 Over Demeaning Bag Searches Get their Case Certified as a Class Action." Since that time two new Class Actions have been filed against Apple over breach of contract in relation to AppleCare services. The second lawsuit which was filed on July 18 by Joanne McRight is the case that we're reporting on today which involves AppleCare and AppleCare+ coverage of two iPhones.

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