The lawsuit asks a federal court in Boston to block the “Northeast Alliance” partnership which was announced in July 2020 following its approval by the US Transportation Department. The suit takes aim at American Airlines, arguing that the alliance would dramatically increase prices for consumers. Both American Airlines and JetBlue have said they will contest […]
According to Law.com, profits per equity partner amongst Global 100 firms averaged at $19,903,000 in 2020, a significant increase of 10.4% from the $1,723,000 average seen pre-pandemic in 2019. The increase follows 2019’s limited growth of 0.4% over the previous year. Last year, 75 law firms either matched or topped $1 million in PEP, while […]
The settlement resolves a case that had been close to heading to trial, with jury selection scheduled to begin on Monday. However, at a September 17 hearing in California, US District Judge Jon Tigar postponed it until November. The social media platform’s former CEO Richard Costolo and former COO Antony Noto denied wrongdoing in agreeing […]
Eight years later, on Friday, Gangakhedkar was testifying at the criminal trial of her former employer, Elizabeth Holmes, the CEO and founder of Theranos Inc. Gangakhedkar’s testimony is so far the strongest testimony connecting Elizabeth Holmes’ actions to charges that she lied to investors and patients about the accuracy of Theranos’ blood-testing machines. Holmes has […]
On Wednesday, an unanimous three-judge panel of the 1st US Circuit Court of Appeals said it was ambiguous whether employee Margaret Benson’s attendance lapses were excusable under Walmart policy because they were a result of a pelvic injury which she sustained whilst working at the store. The panel said that a Maine district court judge […]
The SEC claims that, between 2017 and 2019, SHE Beverages Co raised over $15 million from more than 2,000 investors in unregistered stock sales by falsely touting its business plans and showcasing its success. The SEC says that the company overstated revenue, made deceptive claims that it had received takeover bids of up to $500 […]
Managed healthcare company Aetna Inc has been sued for allegedly discriminating against beneficiaries within the LGBTQ+ community by requiring them to pay more out of pocket for fertility treatments. In a proposed class action, plaintiff Emma Goidel claimed she and her spouse were forced to pay out nearly $45,000 for fertility treatments due to Aetna’s […]
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