class action lawsuits News

Investors Demand $2.5B in Possible German Class Action Over Bayer’s Monsanto Deal

Investors are demanding around 2.2 billion euros ($2.5 billion) from Bayer as part of a possible class action lawsuit in Germany over the takeover of U.S. seed manufacturer Monsanto, law firm Tilp said on Monday. The law firm said that …

Bayer Faces Billion-Dollar Class Action Suit in Germany Over Monsanto Takeover

BERLIN – Bayer faces a billion-dollar investor class action lawsuit in Germany over the takeover of U.S. seed manufacturer Monsanto, specialist law firm Tilp Rechtsanwaltsgesellschaft said on Wednesday. Tilp said it was representing more than 250 institutional investors and a …

Google Data Privacy Suit Dismissed After Top UK Court Rules Against Class Action

Google won its bid to dismiss a data privacy lawsuit filed on behalf of millions of iPhone users, after the UK’s top court said the tech giant couldn’t be served with a class action suit. The case, which sought billions …

Climate Class Action Suit to Proceed Against Australia Government

A class action lawsuit that claims Australia is misleading investors by failing to disclose the impact of climate risk in its bonds will proceed after government lawyers failed to get the case dismissed. The lawsuit may continue as a class …

UK Court Approves $14 Billion-Plus Class Action Against Mastercard

A London court on Wednesday approved a 10 billion pound-plus ($14 billion-plus) class action against global payments processor Mastercard that claimants said could entitle 46 million British adults to roughly 300 pounds each if it is successful. The Competition Appeal …

British Airways Settles Class Action with 2018 Data Breach Victims

British Airways has settled a case brought by customers and staff affected by a massive 2018 data breach that led to personal information being leaked, the court-appointed lead solicitors in the case said on Tuesday. Law firm PGMBM said those …

Australia Weighs Capping Fees for Litigation Funders, Lawyers as Class Actions Surge

SYDNEY – Australia is considering capping fees for litigation funders and lawyers, and guaranteeing a minimum rate of return for plaintiffs, in its latest clamp down on the industry following a surge in costly class action lawsuits. Australia’s government last …

China Launches 1st Class-Action Lawsuit as Regulators Vow to Fight Accounting Fraud

SHANGHAI – China launched the country’s first class-action lawsuit against a listed company on Friday, targeting Kangmei Pharmaceutical Co, as regulators vowed “zero tolerance” against accounting fraud and other capital markets “tumors.” The China Securities Investor Service Centre (CSISC), a …

Mastercard Battles Attempts to Expand Scope of $19B Class Action in UK

LONDON – Mastercard, a global payment processor, is battling attempts to add about 14 million deceased people to a 14 billion pound-plus ($19.3 billion) British class action in an effort to limit the scope of the historic case. A Mastercard …

Mastercard Faces $18.6B Class Action in UK

Mastercard Inc. faces the prospect of a 14 billion-pound ($18.6 billion) UK class action — the largest of its kind — after losing another battle at the country’s highest court over illegal swipe fees. The Supreme Court ruled in favor …