ADP 401(k) Participants Lose Jury Trial Bid in Class Action Over Excessive Fees

Newark, NJ — A group of over 50,000 participants in the Automatic Data Processing Inc. (ADP) 401(k) retirement plan recently faced a setback in their class-action lawsuit against the human resources management software company. The plaintiffs had hoped to challenge what they deemed to be undue and excessive management fees levied on their retirement investments via a jury trial. However, their request was denied on grounds that their case seeks what is legally categorized as an “equitable remedy.” The decision was handed down by Magistrate Judge José R. Almonte of the U.S. District Court for … Read more

Attention TMC Investors: Key Deadlines Approaching in Class Action Suit – Learn What’s Next for Your Investments

New York, NY – Investors holding shares in TMC the metals company Inc. have been reminded of a class action lawsuit underway concerning the company’s operations and disclosures. The deadline for the lead plaintiff to file motions is set for January 7, 2025. Law firm Faruqi & Faruqi, LLP is spearheading the litigation and urges TMC shareholders to come forward to participate in the lawsuit. The class action suit alleges that TMC, a company specializing in the exploration of materials from the seabed, might have issued materially misleading business information to the investing public. This … Read more

Deadline Approaches for Zeta Global Investors to Join Class Action Lawsuit Over Alleged Deceptive Practices

New York — Investors who acquired securities from Zeta Global Holding Corp. between February 27 and November 13, 2024, are being alerted by the law firm of Kirby McInerney LLP to the approaching January 21, 2025 deadline. They have the opportunity to seek the role of lead plaintiff in a federal securities class action that spans this period. The class action lawsuit emanates from accusations unveiled in a report by Culper Research on November 13, 2024. The report alleges serious flaws in Zeta’s data collection practices and financial reporting. According to Culper Research, Zeta entered … Read more

Sun Communities, Inc. Facing Class Action Suit: Investors Encouraged to Join as Lead Plaintiffs in Securities Fraud Allegations

Investors in Sun Communities, Inc., a real estate investment trust specializing in manufactured housing and recreational vehicle communities, are faced with a pivotal decision that could shape the company’s future. Amid allegations of securities fraud, shareholders now have the opportunity to lead a class-action lawsuit against the Michigan-based company. This legal move surfaces after concerns that Sun Communities might have misled its investors regarding its business operations and compliance policies. The contention primarily revolves around whether the company provided false or misleading statements or failed to disclose pertinent information, practices that would be significant breaches … Read more