Action

Class Action Payouts Surpass $40 Billion Annually for Third Consecutive Year, Signaling Major Shift in Legal Trends

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In recent years, the landscape of class action lawsuits in the United States has shifted dramatically, with settlements surpassing $40 billion annually for three consecutive years, marking a clear trajectory into a new legal era. This consistent financial magnitude underscores not only the growing sophistication of litigation strategies but also the increasing accountability demanded from corporations regarding consumer rights, environmental protection, and corporate governance. Observers suggest that this surge in class action settlements signals an age where collective legal actions are becoming a common mechanism for addressing mass grievances. This could be prompted, in part, … Read more

Levi & Korsinsky, LLP Announces Class Action Lawsuit Against Zeta Global Holdings for Alleged Securities Fraud

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New York, NY — Levi & Korsinsky, LLP has announced a class action lawsuit on behalf of investors in Zeta Global Holdings Corp., a move prompted by allegations of securities fraud that reportedly affected shareholders between February 27, 2024, and November 13, 2024. Investors in the New York Stock Exchange-listed company, referred to commonly as Zeta, are urged to inquire about potential compensatory claims. The lawsuit alleges significant malpractices by Zeta Global Holdings Corp., including the use of two-way contracts and round trip transactions purportedly aimed at inflating financial outcomes artificially. The complaint further accuses … Read more

Drake Mulls Legal Action Against iHeartRadio in Rights Dispute

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SAN ANTONIO, Texas — A legal storm may be brewing between Canadian rapper Drake and iHeartRadio, the San Antonio-based broadcasting giant. At the heart of the potential dispute is the improper use of Drake’s music across iHeartRadio’s vast network, which includes hundreds of radio stations nationwide. Representatives for Drake have hinted at possible legal action, citing ongoing concerns over copyright infringement. Drake, born Aubrey Drake Graham, has achieved global fame with hits like “God’s Plan” and “In My Feelings,” making him one of the most influential figures in contemporary music. His work has not only … Read more

Investors Lead Charge in Marqeta, Inc. Class Action Lawsuit, Spearheaded by Prominent Law Firm

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Investors now have the opportunity to take a leading role in a securities fraud lawsuit against Marqeta, Inc., with allegations centering around potential misleading statements made by the company’s execs. The case, initially filed by the Rosen Law Firm, opens a chance for shareholders who have incurred losses in Marqeta to possibly recover their financial damages. Marqeta, based in Oakland, California, provides innovative payment technology solutions and its initial public stance impressed investors globally. However, the company faces scrutiny for possibly overstating its adaptability and business efficacy in different economic environments. The focus of this … Read more