Wells Fargo & Co. said on Friday a district court in California approved a $142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening of phony bank accounts.
A federal judge in Connecticut has dismissed a lawsuit that accuses Poland Spring’s parent company of selling water that’s sourced from wells, not springs.
A Federal district court has dismissed a closely followed class-action lawsuit that charged Zillow – creator of the controversial Zestimate online home-valuation tool – with deceptive business practices designed to mislead consumers.
A federal judge ruled that women accusing Goldman Sachs Group Inc. of discriminating against them in pay, promotions and performance reviews may pursue their claims as a group in a class-action lawsuit.
A new rule intended to give consumers greater protection against financial institutions will likely lead to a host of regulatory challenges for community banks, and even more worrisome, potentially costly litigation.
