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Dedicated Client Advocacy

July 2018 Archives

Regulators stress their balanced approach to fraud ID/punishment

A recent Wall Street Journal article duly notes that the Trump administration has taken some hits from consumer advocates. One chief complaint alleges its policy of pulling back on protective measures that guard against financial fraud via a clearly friendly business stance that undermines consumer safeguards.

P.F. Chang's Settles Wage Violation Case for $2.65 Million

On July 23, 2018, employees of P.F. Chang's China Bistro Inc. ("P.F. Chang's") filed a motion for preliminary approval of a $2.65 million settlement to resolve claims that the restaurant chain violated federal and state labor laws by failing to pay their tipped employees a sufficient wage.

Former Equifax Employee Pleads Guilty to Insider Trading Accusations

On July 23, 2018, Sudhakar Reddy Bonthu ("Bonthu"), a 44-year-old former software development manager at Equifax Inc. ("Equifax"), pled guilty to a single count of insider trading in the Northern District of Georgia. Bonthu is accused of leveraging his inside information about the credit reporting company's massive data breach to earn over $70,000.

DOJ Earns NYC Nurses $20.8 Million in Pension Gender Bias Suit

The City of New York (the "City") agreed on July 18, 2018, to pay $20.8 million to settle a suit brought against it by the U.S. Department of Justice ("DOJ"). According to the settlement papers, filed in the Eastern District of New York, the City was accused of violating Title VII of the Civil Rights Act by requiring registered nurses ("RNs") and midwives, the majority of whom are female, to work years longer than employees in predominantly male fields to earn retirement with full pensions.

J&J reeling in wake of massive product liability damage award

It took a jury eight hours to determine that damages of $550 million would fairly compensate 22 women plaintiffs for cancer-linked injuries they say they suffered from long-term use of Johnson & Johnson’s talcum powder.

Class of Investors Certified in Stock Suit Against Twitter

On July 16, 2018, Northern District of California Judge Jon S. Tigar granted class certification to a group of investors who purchased shares of Twitter Inc. ("Twitter" or the "Company") between February 6, 2015, and July 28, 2015 (the "Class Period"), in a case alleging that Twitter exaggerated its user engagement, resulting in an almost 15 percent drop in its stock shares in a single day.

Ben & Jerry's Sued for False "Happy Cows" Marketing

On July 9, 2018, the Organic Consumers Association ("OCA") filed a lawsuit in the United States District Court for the District of Columbia against Ben & Jerry's Homemade Inc. ("Ben & Jerry's" or the "Company") and its parent company. The national nonprofit consumer advocacy group accused the ice cream manufacturer of advertising that its product is sourced from "happy cows" in "caring dairies," when the milk is actually purchased from inhumane factory farms.

Fifth Circuit Rules In Favor of In-N-Out Employees in Minimum Wage Button Dispute

On July 6, 2018, the Fifth Circuit Court of Appeal agreed with a National Labor Relations Board ("NLRB") finding that In-N-Out Burger Inc. ("In-N-Out" or the "Company") cannot prohibit employees from pinning "Fight for $15" buttons to their uniforms.

Florida Health Care Group Pays $1.7 Million Settlement in Medicare False Claims Suit

The U.S. Department of Justice ("DOJ") announced on July 2, 2018, that FWC Urogynecology LLC ("FWC"), a network of urogynecologists in Florida, has agreed to pay $1.7 million to settle claims that it violated the False Claims Act ("FCA"). The United States notified the court of its intent to intervene and prosecute the suit on May 16, 2018.