Items tagged with class action lawsuit
Given the dramatic rise in share prices for so-called "meme stocks" like GameStop (NYSE: GME) and AMC Theaters (NYSE: AMC), there has been a flurry of activity from an influx of everyday traders. Spearheaded by the so-called "degenerates" from the WallStreetBets subreddit, GME has soared over 1,000 percent in value as hedge funds shorting the stock have in turn lost billions. One company that has been caught up in this rollercoaster ride has been Robinhood, which came under fire from all sides (WallStreetBets, lawmakers, everyday traders, etc.) when it restricted the purchase of a number of meme stocks like GameStop, AMC, BlackBerry, Bed Bath And Beyond, and Nokia. "Amid significant...
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CD Projekt Red (CDPR) is in hot water. The company has been working for the past 8 years on Cyberpunk 2077, only to release the game loaded with bugs, performance issues across all platforms, and graphics that were woefully inadequate on previous generation consoles. Besides drawing the ire of gamers who've had to put up with the shortcomings of the game at release, CDPR is also contending with flak from its investors (not to mention, an influx of refunds). CDPR is now facing multiple class action lawsuits, with one of them being brought forth on behalf of investor Andrew Trampe by the Rosen Law Firm [PDF]. It's alleged that CDPR executives willfully neglected to inform investors of...
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Late last month, the U.S. Department of Justice (DoJ) filed an antitrust lawsuit against Google over accusations of stifling competition with their search and advertising businesses. Now it appears that the advertising arm of Google allegedly was not only stifling competition but affecting customers as well. In a new class-action lawsuit against Google, plaintiff Joseph Taylor et. al claims Google is stealing property, specifically cellular data. According to the suit’s introduction, “Defendant Google LLC (“Google”) has a dirty little secret,” where Android is collecting data about its users and reporting back home regularly. While there are privacy implications...
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There’s been a lot of courtroom drama surrounding Apple over the past two weeks, but at least one ongoing case involving the company has finally been [preliminarily] settled. The class action lawsuit was brought against Apple way back in 2017 regarding a defect in its Powerbeats 2 headphones, which first entered the market in 2015. There were multiple issues raised in the class action lawsuit including claims that Apple misrepresented the battery life of the headphones. It was alleged that the Powerbeats 2 would fail to hold a significant charge after just “minimal” usage. It was also pointed out that Apple’s claims of sweat and water resistance for the Powerbeats...
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Google is facing the prospect of a new class-action lawsuit over issues that owners of the Pixel 3 family of smartphones have faced. The Pixel 3 line of smartphones launched in 2018 and are still popular with many Android users today. A law firm by the name of Chimicles Schwartz Kriner & Donaldson-Smith LLP (CSK&D) has confirmed that it is investigating various user reported defects and issues with the smartphones. As with any lawsuit, Google may never wind up in court over this issue. The odds are high that if the legal firm decides to file a class-action lawsuit against Google over the alleged Pixel 3 defects and issues, the case would more than likely be settled out of court. There...
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2019 has been a rough year for telecommunications giant AT&T. The company is already being sued by Sprint for falsely branding some of its products as 5G E. A class action lawsuit now accuses AT&T of misleading customers and investors about the pricing of DirecTV Now. Last summer, AT&T purchased Time Warner. The company promised customers that it would slash the prices for DirecTV Now, a subscription streaming television service. The class action lawsuit argues that AT&T not only refused to reduce prices, but that it purposely mislead their customers. AT&T eliminated existing streaming bundles and charged more for new bundles. After some time had passed, it brought back the...
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An investor rights law firm is investigating potential security fraud claims on behalf of shareholders of Apple and may end up filing a class action lawsuit. The investigation comes after Apple lowered its earnings guidance for its first fiscal quarter of 2019, in which Apple CEO Tim Cook said he expects the company to end the quarter with $84 billion in revenue. That figure is more than 7 percent lower than Apple's previous forecast of $89 billion to $93 billion, which it issued at the end of its fiscal 2018. "When we discussed our Q1 guidance with you about 60 days ago, we knew the first quarter would be impacted by both macroeconomic and Apple-specific factors. Based on our best estimates...
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A law firm in Los Angeles, California is encouraging investors who lost in excess of $100,000 by pouring money into NVIDIA's stock to contact the agency for participation in a possible class-action lawsuit. It's the position of the complaint that NVIDIA mislead shareholders by overstating its ability to weather the crumbling of the cryptocurrency market, as it pertains to mining with GPUs. "[NVIDIA] made false and misleading statements to the market. NVIDIA touted its ability to monitor the cryptocurrency market and make rapid changes to its business as necessary. The Company claimed to be 'masters at managing our channel, and we understand the channel very well'. NVIDIA also claimed to the market...
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A class-action lawsuit filed in the US District Court for the Northern District of California accuses Apple of using literally dirty design tactics with its iMac and MacBook computer systems. More specifically, the lawsuit alleges that some iMac and MacBook owners report "consistent problems with dark smudges on their screens" and other problems stemming from a lack of any dust filters. Image Source: Hagens Berman "The computer intakes air to cool its components, but with no filter, dust gets trapped inside. This affects the screen and logic board of the computer, leading to dust stuck behind the screen and gummed up motherboards, causing the computer to run slow and/or overheat," Hagens Berman,...
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Price fixing in the DRAM market is nothing new unfortunately. As recently as January this year, a Chinese regulator accused Samsung other chip manufacturers of artificially increasing prices to pad their margins. Samsung is also no stranger to price fixing, as a $300 million judgement against it and Hynix was handed down in 2006 here in the United States. Today, however, Samsung and other DRAM manufacturers are facing another legal fight in the U.S., and it comes courtesy of the law firm Hagens Berman. A class action lawsuit was filed today in U.S. District Court for the Northern District of California and alleges that Samsung, Micron and Hynix conspired to artificially limit...
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Back in July of 2017 Pokémon Go developer Niantic tried to host a festival that would allow tens of thousands of players to gather in Chicago's Grant Park to play the game and collect some rare Pokémon while doing it. The problem was that the entire festival was a disaster with limited cellular connectivity and angry people from around the world in attendance who spent money and got nothing but headaches in return. At the time Niantic gave players a refund on the ticket costs and $100 of in-game currency, but that didn’t stop a class action suit from being filed. In-game currency and a ticket refund didn’t begin to cover the costs for fans who traveled to the event....
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A new class action lawsuit was filed this week against Google by owners of the original Pixel and Pixel XL smartphones. In the lawsuit, plaintiffs claim that the microphone in the original Pixel devices was defective from the start. The suit alleges that Google knew about the defect and continued to sell the devices anyway. The complaint implies that Google knew of the microphone defect from launch due to widespread complaints. Another allegation in the lawsuit is that some of the smartphones were replaced under warranty due to the mic issues, but the replacement devices suffered from the same defect. A Google employee posted previously on the support forums that the problem with the mic...
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There continues to be mass fallout from the enormous “cybersecurity incident” that struck Equifax back in mid-May (but wasn't discovered until late July). Equifax waited until yesterday to inform the world that the sensitive personal information of 143 million Americans had been exposed due to a website breach. While there have been larger hacks that have taken place in recent years, none contained such critical information like names, birthdates and social security numbers; which could be a virtual goldmine for those looking to sell this information on the black market. In some instances, even drivers license numbers and credit card numbers were obtained. Equifax has some provisions in...
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A class-action lawsuit filed in Illinois accuses Microsoft of being too aggressive in its campaign to get Windows users to upgrade to Windows 10. Plaintiffs in the lawsuit allege that after upgrading, which in some cases occurred without their permission, their PCs were inoperable, forcing them to either pay for repairs or upgrade to a brand new system. The lawsuit also complains of lost data. "The Windows 10 system often installs itself without any action being taken by the consumer. The first the consumer knows of the installation is a message on the computer screen, 'DO NOT TURN OFF YOUR COMPUTER WHILE WINDOWS 10 IS BEING DOWNLOADED'. In fact, the only way to stop the download is do what the...
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LG is catching more heat over reported bootloop issues affecting two of its previously top-end handsets, the G4 and V10. With the matter still unresolved for many owners of both smartphones, the South Korean electronics firm now faces a class-action lawsuit that was filed in California. The suit seeks damages in an amount to be determined at trial, and also asks that a judge order LG to implement a program to repair all affected phones. Complaints about the so-called bootloop issue in regards to the G4 abound all over the Internet, everywhere from social media sites and Reddit, to YouTube and little nooks and crannies around the web. Fed up users also posted a petition demanding that LG launch...
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Texting and driving is illegal in forty-six states and territories. While most people would argue that the person texting and driving is ultimately responsible for their dangerous actions, one court case argues that cellphone companies are also at fault. California resident Julio Ceja has filed a class action lawsuit against Apple, claiming that corporation values profit over safety. Why would anyone blame Apple for a car accident? Julio Ceja was rear-ended by another vehicle in Costa Mesa, California while stopped at a stoplight. The distracted driver was using her iPhone during the accident. Apple patented a lock-out mechanism that could disable their phones while a user is driving, but has...
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Many people in the last few weeks have grumbled about Pokémon GO players trespassing on private property. One of these grumblers is now taking Niantic to court. Plaintiff Jeffrey Marder of West Orange, New Jersey is filing a $5 million USD class action lawsuit against Niantic. Marder noted that within the first week of Pokémon GO’s release, at least five players knocked on his door asking to catch Pokémon that were in his backyard. These Pokémon were generated in his backyard without his permission. Marder’s situation is far from unique and he has therefore filed the lawsuit on behalf of those in a similar predicament. The class action complaint document noted a number of similar instances. Boon...
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When Advanced Micro Devices (AMD) introduced its Bulldozer architecture, it talked about the design being a "third-way" approach between symmetric multithreading (SMT), like Intel's Hyper Threading, and true multi-core processing where multiple discrete cores reside on a single die. Now AMD will have to defend its design and the way it was marketed because of a class-action lawsuit.The lawsuit, filed by Tom Dickey in the U.S. District Court for the Northern District of California, San Jose Division, alleges that AMD deceived customers by overstating the number of cores on its Bulldozer processors. With regards to Bulldozer-based processors sold and marketed as 8-core chips, Dickey and the lawsuit...
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The number of lawsuits being brought against Uber keeps piling up. This time, the app-based transportation company is a class-action lawsuit from both cab companies and its own drivers over Uber’s $1 Safe Rides Fee. Filed on Tuesday with the federal court in San Francisco, the lawsuit seeks restitution for the $1 Safe Rides Fee that has been charged to every U.S. Uber customer. Two Uber riders filed the class-action lawsuit claiming that they shouldn’t have to pay the $1 fee because the company’s background checks have been misrepresented as “industry leading” and “often more rigorous than what it takes to become a taxi driver.” However, the complaint states that is not the...
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Facebook will have to face a class action lawsuit that accuses the company of violating its users’ privacy. The lawsuit states that Facebook has been scanning the content of users’ messages sent to other users for advertising purposes. On Tuesday, U.S. District Judge Phyllis Hamilton in Oakland, California denied Facebook’s bid to dismiss the lawsuit, stating that it has “not offered a sufficient explanation of how the challenged practice falls within the ordinary course of its business.” The company had argued that an exception under the federal Electronic Communications Privacy Act covered its alleged scanning of users’ messages as an interception by the service provider occurring during...
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If this whole software and hardware business doesn't pan out for Microsoft, the Redmond outfit might have a future in used car sales. Need proof? Just wait until you see Microsoft's pitch on why altering its various Terms of Service agreements to forbid class action lawsuits is a good thing...for you! "When a customer in the United States has a dispute about a Microsoft product or service, many of our new user agreements will require that, if we can’t informally resolve the dispute, the customer bring the claim in small claims court or arbitration, but not as part of a class action lawsuit," Microsoft explains. "Many companies have adopted this approach, which the U.S. Supreme Court permitted...
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Apple and AT&T can't seem to catch a break in the court of public opinion lately, and now the two will have to defend themselves in a real court. That's because a federal judge has ruled that a monopoly lawsuit against Apple and AT&T over alleged violations to antitrust law can proceed as a class action, according to reports. The all-encompassing lawsuit represents a whole bunch of individual suits filed by iPhone buyers dating back to 2007 shortly after the original iPhone came to market. In short, the lawsuit takes issue with Apple's decision to lock iPhones so that they can only work on AT&T's network, and also charges Apple with secretly making AT&T its exclusive iPhone partner...
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