Sentences with phrase «of action against the company»

While the Attorney General's office probably won't be able to affect the business of a company that is headquartered in California, don't be surprised to see the Attorney General try to take some sort of action against a company that won't kowtow to his demands.

It was held that, even if a shareholder has a personal cause of action against the company, he can not recover loss which is merely reflective of loss suffered by the company.

Not exact matches

The class action, filed in United States District Court, Southern District of New York, and docketed under 18 - cv - 02213, is on behalf of a class consisting of investors who purchased or otherwise acquired BRF American Depositary Receipts («ADRs») between April 4, 2013 and March 2, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by Defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 (the «Exchange Act») and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officials.

Investigators with the Department of Justice and the Securities and Exchange Commission last year began probes into the loss but have not brought any public actions against the company.

NEW YORK --(BUSINESS WIRE)-- Pomerantz LLP announces that a class action lawsuit has been filed against Akorn, Inc. («Akorn» or the «Company»)(NASDAQ: AKRX) and certain of its officers.

The class action, filed in United States District Court, for the District of Illinois, Eastern Division, is on behalf of a class consisting of investors who purchased or otherwise acquired Akorn's securities between March 1, 2017 through February 26, 2018, both dates inclusive (the «Class Period»), seeking to recover damages caused by defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 and Rule 10b - 5 promulgated thereunder, against the Company and certain of its top officials.

(Update 3/8: In follow up questioning, Fortune asked Mast why the company did not pursue legal action against any of the publications, who they claim wrote falsehoods.

Citation Resources has appointed KordaMentha as voluntary administrators, while the oil and gas company continues to pursue recovery of funds through a civil action against former director Peter Landau.

Tiger Brands said it has received notice of two class action suits against the firm, with the total amount claimed against the company estimated at 425 million rand.

«We will continue to take action against white supremacy, Nazi ideology, and all forms of hate,» the company said in a statement on Twitter.

But it suggests the Japanese company might take legal action against Malvinder Singh, an Indian billionaire who was CEO of Ranbaxy in 2008 when he and his brother sold their 34 % share in the company for $ 2 billion.

Friday's announcement is the latest in an increasing number of trading suspensions and SEC actions against companies involved with initial coin offerings and cryptocurrencies.

If the class - action lawsuit against Honda, Nissan, Toyota and Ford rules in favor of the plaintiffs he notion of making money at all costs will also prove to be catastrophic at these companies.

«Going forward, we will take action against any content that encourages, glorifies, incites, or calls for violence or physical harm against an individual or a group of people,» the company wrote in statement on Thursday.

«WrkRiot is considering legal action against a disgruntled former employee who has launched a slanderous campaign against WrkRiot and some of its employees via social media,» the post begins, going on to accuse the former employee of attempting to extort $ 50,000 from the company.

Mylan's CEO, Heather Bresch, later had to testify before Congress, class - action lawsuits have been filed against the company, and Mylan in May was accused of overcharging the US government by $ 1.27 billion for EpiPens.

And in any case, the U.K. Information Commissioner says it can take action against individual directors even of a company that's been declared insolvent, Collins added.

David Sanford, chairman of Sanford Heisler Sharp, the law firm that argued the largest - ever employment gender discrimination case to go to trial — a class action suit against Novartis Pharmaceuticals that resulted in a $ 253 million jury award for plaintiffs in 2010, reduced post-trial to $ 175 million — noted that in that case, the company had just three investigators for a workforce of thousands.

A potentially devastating lawsuit against ride - hailing company Uber over its classification of drivers as contractors instead of employees is entering an important phase: determining whether drivers can sue together through a class action.

This comes in the wake of a class - action suit filed against its parent company Avid Life Media in Canada last week.

Mittleman has agreed that until July 1, 2019 it won't take any actions against Aimia, including soliciting proxies, voting any shares, calling a special meeting, proposing the removal of board members, engaging in short selling or making disparaging comments about the company.

ACTION taken against an Australian Internet domain name company by the Australian Competition and Consumer Commission has resulted in the establishment of a $ 250,000 compensation trust fund.

Yes, the worldwide practice of poaching company executives is under scrutiny due to legal action against a top headhunting firm.

In arguing against class action status, Uber had submitted sworn statements from hundreds of drivers supporting the company.

Pomerantz represents Banco Safra SA, one of the largest banks in Brazil, in a class action against Samarco Mineracao SA, relating to the loss in value to the company's bonds triggered by the Fundão dam - burst disaster.

SAN FRANCISCO (Reuters)- A lawsuit filed by drivers against ride service Uber should not proceed as a class action, the company argued in a court filing on Thursday, citing written statements of support from hundreds of other Uber drivers in a case that could decide whether they are independent contractors or employees.

Some of the more paranoid or lawsuit - fearing companies in the U.S. require office couples to sign a wavier or «love contract,» vowing that their relationship is consensual and neither will take legal action against their employer (or each other) should the love prove less than eternal.

Tezos co-founders Arthur and Kathleen Breitman are reportedly hoping to use money raised in the company's token offering to pay their legal bills as they defend themselves against class - action lawsuits alleging fraud and the sale of unregistered securities.

«[M] isleading people or misusing their information is a direct violation of our policies and we will take swift action against companies that do, including banning those companies from Facebook and requiring them to destroy all improperly collected data,» a Facebook spokesman said in a statement to the Guardian.

Various law firms filed a class action lawsuit last week against Westminster - based brake company Knorr - Bremse AG and its local Pennsylvania rival Westinghouse Air Brake Technologies Corp. on behalf of employees affected by their «no poach» agreements.

One of those workers filed a class action lawsuit against the company in the bankruptcy court for violating the federal WARN Act, which requires larger companies to give 60 days advance notice of layoffs.

Allegations of excessive index fund fees in retirement plans are at the heart of a new proposed class action lawsuit brought by New York Life Insurance Co. employees against the company.

The ordinance seeks to establish regulation and a permitting process that would enable the San Francisco Municipal Transportation Agency or Department of Public Works to take action against scooters from companies that don't have an official permit from the city.

Her notable cases also include Ford Spark Plugs, as well as multiple cases against Hyundai for a dangerous safety defect in the side air bag system of its Tiburon model vehicles, as well as class - action lawsuit against Hyundai Motor America and Kia Motor Company after regulators announced the companies overstated the fuel economy for many vehicles they sold in the United States, culminating in a settlement worth more than $ 255 million.

This is not the first instance of an established company taking legal action against a startup founded by some of its former employees.

So when she bought the Just Crust — formerly the Upper Crust, another company against which she led a class action suit — she was in for a bit of an awakening.

Bartz argued that the Employee Retirement Income Security Act would now pre-empt state law under the rule and that the rule improperly created a private right of action that could set up class - action lawsuits against insurance companies and agents.

Each year the SEC brings hundreds of civil enforcement actions against individuals and companies for violation of the securities laws.

While this is not the first time an established company has attempted legal action against its former employees — in January, Tesla sued its former director of Autopilot for poaching people to join his new startup — this is the first time Waymo has taken such action.

NEW YORK, NY / ACCESSWIRE / December 30, 2017 / Pomerantz LLP announces that a class action lawsuit has been filed against The Crypto Company («Crypto» or the «Company»)(OTC PINK: CRCW) and certain of its officers.

James Damore, a former Google engineer who was fired in August after posting a memo to an internal Google message board arguing that women may not be equally represented in tech because they are biologically less capable of engineering, has filed a class action lawsuit against the company in Santa Clara Superior Court in Northern California.

Last month, WestJet Airlines filed an appeal after the Supreme Court of British Columbia refused to throw out a proposed class - action lawsuit accusing the company of fostering a corporate culture that tolerates harassment against female employees.

In the event that (i) the Board of Directors proposes, recommends, approves or otherwise submits to the shareholders of the Company, for shareholder action, a Deemed Liquidation Event, and (ii) a Holder has not received written notice from the holders of a majority of the shares of Key Holder Common Stock that such holders approve the Deemed Liquidation Event, then such Holder hereby agrees to vote (in person, by proxy or by action by written consent, as applicable) all shares of capital stock of the Company now or hereafter directly or indirectly owned of record or beneficially by such Holder against the Deemed Liquidation Event, to assert statutory dissenters» rights with respect to the Deemed Liquidation Event, and to take such other action in derogation of the Deemed Liquidation Event as shall be requested by the holders of a majority of the shares of Key Holder Common Stock in order to carry out the terms and provision of this Section x.y..

Further, in an effort to encourage transparency and responsiveness to AGM voting, companies will need to explain what action has been taken to consult with shareholders when more than 20 % of votes have been cast against the board's recommendation.

The actions will serve as settlement for FTC's charges against the ride - hailing company for deceiving customers by failing to monitor the access of Uber employees on personal information of riders and for failing to secure sensitive customer information that is stored in the cloud.

Unsealed documents related to a class - action lawsuit filed on April 29 against Facebook's board allege that director Marc Andreessen had conflicts of interest related to the company's plan to create a new class of stock.

On November 27, 2017, Pomerantz LLP was appointed Lead Counsel in a class action lawsuit against PetMed Express, Inc. («PetMed» or the «Company») and certain of its officers.

Facebook says any bad actors identified by the data abuse program may face removal of their app from the platform, a forensic audit of related systems and legal action against the app's company and any relevant parties.

On February 7, 2018, Pomerantz LLP was appointed Co-Lead Counsel in a class action lawsuit filed against Ford Motor Company («Ford» or the «Company») and certain of its officers.

On February 7, 2018, Pomerantz LLP was appointed Lead Counsel in a class action lawsuit against Arconic, Inc. («Arconic» or the «Company») and certain of its officers.