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EMPLOYMENT & BENEFITS
SECURITIES
Grocery Chain Faces Investor Suit Over Shuttered Stores
By Katryna Perera
Investors of Grocery Outlet Holding Corp. filed suit against the discount supermarket company in California federal court, alleging the company and its executives failed to disclose that its rapid financial growth was caused by expanding too quickly, which came to light earlier this year when it announced that 36 of its stores would close, sending its share price lower.
Complaint attached |
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COMPETITION
PRODUCT LIABILITY
CYBERSECURITY & PRIVACY
Verizon Can't Ditch Core Claims In Business Data Breach Suit
By Allison Grande
Verizon must continue to face the bulk of a proposed class action over alleged "email bomb attacks" targeting its business customers, after a New York federal judge found that the nonprofit pressing the suit had established a concrete injury stemming from the data breach and had adequately asserted a trio of negligence, contract and California consumer protection law claims.
Opinion attached |
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CONSUMER PROTECTION
IP & TECHNOLOGY
Zoox Stockholders Push For Amazon Ex-Exec's Texts, Emails
By Jarek Rutz
A pair of Zoox Inc. stockholders have asked the Delaware Chancery Court to force Amazon.com Inc. to provide additional documents in litigation challenging its $1.3 billion acquisition of the self-driving vehicle startup, arguing that a former Amazon executive's communications could shed light on particulars of the allegedly conflict-tainted deal.
Motion attached |
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Google Wants Cutoff Date For Ad Tech Rivals' Claims
By Bryan Koenig
Google moved to tee up a dismissal bid aimed at cutting key targeted policies from New York federal court antitrust claims from rival advertising placement technology providers, arguing that its "sophisticated" competitors cannot get around a four-year statute of limitations pegged to the U.S. Department of Justice's lawsuit.
Letter attached |
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LIFE SCIENCES
NeoGenomics Beats Investor Suit Over Growth Driver Claims
By Emilie Ruscoe
Cancer diagnostics company NeoGenomics Inc. no longer faces a proposed investor class action alleging it mischaracterized its growth drivers, including by failing to disclose that a rainmaking unit potentially ran afoul of anti-kickback laws, after a Manhattan federal judge held the suit failed to show the company had intentionally misled the markets.
Order attached |
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TRANSPORTATION
Motorists Lose Bid To Challenge Chicago Skyway Toll Hikes
By Celeste Bott
An Illinois federal judge has dismissed for good a putative class action claiming the companies in charge of a major toll road leading into Chicago have increased certain tolls more than they're allowed under their lease agreement with the city, saying alternative routes exist, but the plaintiffs willingly paid the advertised rates and "got what they bargained for."
Order attached |
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IMMIGRATION
SPORTS & BETTING
EXPERT ANALYSIS
LEGAL INDUSTRY
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