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LITIGATION
Driven Brands Says Investors' Fraud Suit Is Hindsight-Based
By Sydney Price
Auto services holding company Driven Brands and its executives have asked a North Carolina federal court to dismiss a proposed class action from shareholders accusing the company of misleading the public about its internal controls over financial reporting, arguing certain financial results were not known to be inaccurate when they were initially reported.
Motion attached |
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EXPERT ANALYSIS
LEGAL INDUSTRY
Pa. Firm Can't Toss Uber's RICO Claims Over Insurer Payouts
By Linda Chiem
A Pennsylvania federal judge allowed Uber to pursue Racketeer Influenced and Corrupt Organizations Act claims alleging a Philadelphia personal injury firm schemed with healthcare providers to fabricate medical records and inflate accident claims involving Uber and FedEx drivers, saying Uber doesn't lose standing just because its insurer paid its legal fees in underlying litigation.
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