Sentences with phrase «of class settlement»

Represented insurer in negotiation of class settlement regarding challenge to sublimit provision in homeowners insurance policies.

Aided by attorneys eager for court - awarded fees — which are an accepted part of class settlements — consumers are taking their grievances to court in record numbers.

Not exact matches

Feb 26 - Facebook Inc and Chief Executive Mark Zuckerberg have reached a $ 35 million settlement of class - action litigation accusing them of hiding worries about the social media company's growth prior to its May 2012 initial public offering.

The loss that was reported was partially due to the newly disclosed settlement of class action lawsuits.

In 2017, the bank also reached a preliminary class - action settlement of $ 142 million over concerns about retail sales practices and unauthorized accounts from 2002.

She has prosecuted a wide range of class action matters for over a decade, helping to recover millions in settlements on behalf of shareholders.

As if the $ 100 million settlement for a couple of class - action lawsuits were not enough, Uber drivers are stepping up their efforts to have a stronger voice in the behemoth ride - hailing company.

If you exchange shares of a fund for another fund in the same fund family and share class, the transaction fee will be paid from your money market settlement fund.

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.

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity award plan described in this prospectus or (B) the exercise of warrants outstanding and which are described in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to pay the exercise price or withholding tax and remittance obligations, provided that in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described in this bullet point;

Nevertheless, sales of substantial amounts of our Class A common stock, including shares issued upon exercise of outstanding stock options or warrants or settlement of RSUs, in the public market following this offering could adversely affect market prices prevailing from time to time and could impair our ability to raise capital through the sale of our equity securities.

The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

The settlement will most likely reduce the size of the class - action suits filed against Spotify.

Judge Richard Stearns issued a preliminary approval of the proposed settlement between TAP Pharmaceuticals and the class.

Implemented an aggressive «gut the class» defense strategy resulting in a stunning settlement of.05 percent of the original demand.

By: Simone Liedtke 3rd May 2018 The Legal Resources Centre (LRC), Abrahams Kiewitz and Richard Spoor Attorneys, on behalf of thousands of mineworkers, on Thursday reached a class action settlement with the Occupational Lung Disease (OLD) Working Group, which represents various South African gold mining companies.

In January 2017, the Group received approval of the Delaware Chancery Court for a $ 5.6 million settlement it achieved on behalf of a class of shareholders of Physicians Formula Holdings Inc. over an ignored merger offer in 2012.

Shareholder Litigation., C.A. No. 422598 - V (2018), the Maryland Circuit Court, Montgomery County, approved a $ 17.5 million settlement that plaintiffs achieved as additional consideration on behalf of a class of shareholders of American Capital, Ltd..

On January 19th, 2016, a federal judge preliminarily approved a class action settlement on behalf of JPMC shareholders who alleged suffering losses as a result of the bank's supplying false and misleading statements concerning the risks and losses arising from the secret proprietary trading activities of the «London Whale,» a rogue London - based JPMC trader who caused the bank to suffer $ 6.2 billion in losses.

In October 2015, a federal judge approved a $ 10.2 million settlement for a nationwide class of persons who were «robodialed» by JPMC in violation of the Telephone Consumer Protection Act.

On August 12, 2015, a federal judge preliminarily approved a settlement of a nationwide class action against JPMC for its use of robocalling in violation of the Telephone Consumer Protection Act.

Moreover, it is the largest class action settlement in history not involving a restatement of financial reports.

On November 23, 1998, the tobacco companies signed a settlement agreement that brought the state attorney general medical cost reimbursement actions and most of the class action lawsuits to a close.

The former Solicitor General of the United States under President George W. Bush — for whom he successfully argued Bush v. Gore — will be talking not gay marriage but class actions and the BP oil spill settlement.

Advocates like Charles Ogletree hope to use civil litigation, through the sort of class - action lawsuits that won such immense victories as the tobacco settlement.

A vocal critic of the NFL's $ 765 million class - action settlement with the players, he joined six other NFL retirees in formally protesting the agreement.

The settlement compels the NCAA to pay about $ 209 million to a class of approximately 40,000 persons who played or have played Division 1 football, men's basketball and women's basketball.

«Whilst negotiations have been protracted and at times tense, we are pleased that a settlement has been reached that will provide our Jersey members with conditions of service more in line with their UK counterparts and recognise their commitment to provide a first class education service.»

The principle authors argue that this basic settlement survived both the revisionism of Tony Crosland and the changes wrought by New Labour in the 1990s, contributing to the defeat of 2010, and the situation where Labour has alienated large swathes, not just of the middle class electorate, but of its traditional core working class vote as well.

In February, DuPont / Chemours, a former major manufacturer of PFOA, agreed to a $ 670 million settlement in a federal class - action lawsuit in Columbus, Ohio, that was filed on behalf of approximately 3,550 people who said they were afflicted with diseases as a result of PFOA contamination of their drinking water.

A federal magistrate judge in Brooklyn gave preliminary approval to a class - action settlement in which the city agreed to pay a total of $ 5 million to 470 people who were put in solitary confinement on Rikers Island under a now - scuttled policy between Nov. 23, 2012, and Sept. 16, 2015.

Tens of thousands of New Yorkers who had their wages garnished or bank accounts frozen in a surreptitious debt - collection scheme will receive $ 59 million in a class - action settlement that also bars a major network of collectors from continuing the practice.

Under the settlements, the two chains will provide the required signage and display the two classes of fertilizer separately.

The administration of Mayor Bill de Blasio is taking its own steps to ensure teens are no longer jailed at Rikers after reaching a settlement in the class action lawsuit brought by The Legal Aid Society and a number of private law firms.

Facebook, meanwhile, recently settled a $ 20 - million class action settlement following a lawsuit over the social network's lucrative «Sponsored Stories» program that shares users» «likes» of certain advertisers with friends without paying them or allowing them to opt out.

Terms for distribution of the settlement fund and other settlement terms will be disclosed in a notice to be sent to class members after preliminary court approval.

The proposed settlement is subject to approval by the Superior Court of the State of California, County of Los Angeles, following notice to members of the class.

If the proposed settlement agreement is approved by the Court, ruby will contribute a total of $ 11.2 million USD to a settlement fund, which will provide, among other things, payments to settlement class members who submit valid claims for alleged losses resulting from the data breach and alleged misrepresentations as described further in the proposed settlement agreement.

July 14, 2017 — / PR NEWSWIRE / - Ruby Corp. and Ruby Life Inc. (ruby), and a proposed class of plaintiffs, co-led by Dowd & Dowd, P.C., The Driscoll Firm, P.C., and Heninger Garrison Davis, LLC, have reached a proposed settlement agreement resolving the class action lawsuits that were filed beginning July 2015 following a data breach of ruby's computer network and subsequent release of certain personal information of customers of Ashley Madison, an online dating website owned and operated by Ruby Life Inc. (formerly Avid Dating Life Inc.) The lawsuits, alleging inadequate data security practices and misrepresentations regarding Ashley Madison, have been consolidated in a multi-district litigation pending in the United States District Court for the Eastern District of Missouri.

The popular eHarmony online dating service will have to do more to welcome gays and lesbians to its site, under a proposed settlement of a class - action lawsuit announced Tuesday.

They live in a desolate settlement built of stacked shoddy boxcars complete with black market baby sales, dry - lipped, sandy - haired beggars, and its own class of elite citizenry.

Today, Sony agreed to whooping $ 15 million preliminary settlement in a class action lawsuit over the PlayStation Network outage and Data Breach of 2011, which lead to leak of personal information belonging to 77 Million subscribers.

Last week's failure of a massive tobacco - settlement bill in the Senate added new urgency to efforts by the Clinton administration and education lobbyists to find money to pay for class - size reductions and other programs with funding contingent on new cigarette taxes.

The settlement in the class action on behalf of such students will let them use oral presentations, spell - checkers, voice - recognition software, help from test proctors, and other state - approved accommodations on the Alaska High School Graduation Qualifying Exam.

A major class - action settlement that gives LAUSD teachers layoff protection at several dozen schools in high - poverty areas has been invalidated by the California 2nd District Court of Appeal.

The Minnesota Education Association and the state board of education have forged a settlement that will eliminate a regulation allowing school districts to circumvent state - mandated class - size restrictions.

Mayor Villaraigosa was joined today by LAUSD Deputy Superintendent John Deasy, Board Member Yolie Flores, lawyers from the ACLU - SC, Public Counsel, and Morrison & Foerster, LLP, as well as teachers from Gompers Middle School to discuss the details of the settlement agreement in Reed v. State of California, et al., a class action suit that claimed the plaintiffs» constitutional rights to a quality education was being violated by the disproportionate impact of teacher layoff at their schools.

As part of the settlement, state officials must help those six high schools improve their scheduling and get rid of fake classes.

Superior Court Judge William F. Highberger today approved the landmark settlement in Reed v. State of California, et al., a class action suit filed by the American Civil Liberties Union of Southern California, Public Counsel, and Morrison & Foerster, LLP, in February 2010 on behalf of students at three Los Angeles Unified School District (LAUSD) middle schools.