Class

Bank of America Executives Ordered to Testify in Unprecedented Class Action Over Pandemic-Related Unemployment Claims

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San Diego, Calif. — A federal judge has mandated that two high-ranking executives from Bank of America testify in a significant consumer class action concerning the alleged mishandling of unemployment benefit claims during the COVID-19 pandemic. Judge Gonzalo P. Curiel issued the ruling on Wednesday, rejecting the bank’s request for reconsideration. The decision paves the way for CEO Brian Moynihan and former Chief Operating Officer Thomas Montag to answer questions pertaining to possible punitive damages related to the case. This highlights the potential financial repercussions for the bank as the litigation progresses. The case focuses … Read more

Investors Lodge Class Action Against KinderCare Following Troubling IPO Allegations

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SAN DIEGO — Legal proceedings are underway involving KinderCare Learning Companies, Inc., as the firm Robbins Geller Rudman & Dowd LLP announces that individuals who purchased KinderCare stock during its October 2024 initial public offering (IPO) may seek to serve as lead plaintiff in a class action lawsuit. Interested parties have until October 13, 2025, to file their applications. The lawsuit, titled Gollapalli v. KinderCare Learning Companies, Inc., is currently in the District of Oregon. It alleges violations of the Securities Act of 1933 against the company, its executives, and the IPO underwriters. Among the … Read more

Salesforce Faces Class Action Lawsuit Following Major Data Breach Impacting Farmers Insurance Clients

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LOS ANGELES — Salesforce is facing a class action lawsuit stemming from a significant data breach that has reportedly compromised personal information belonging to Farmers Insurance customers. The lawsuit alleges that Salesforce failed to adequately protect sensitive data stored on its platform, leading to what has been described as a severe security incident. As a result, customers of Farmers Insurance are now at risk of identity theft and other fraudulent activities. The plaintiffs claim that the breach allowed unauthorized access to their private information, prompting legal action against the cloud-based software company. According to court … Read more

Investors Alert: Biohaven Ltd. Faces Class Action Lawsuit Over Alleged Securities Violations

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LOS ANGELES — A national law firm is reminding investors about a class action lawsuit against Biohaven Ltd. for alleged violations of federal securities laws. The Schall Law Firm is urging individuals who purchased the company’s securities between March 24, 2023, and May 14, 2025, to reach out before the upcoming deadline on September 12, 2025. The lawsuit claims that Biohaven provided misleading information regarding its drug candidate, troriluzole, which is intended for treating spinocerebellar ataxia (SCA). Additionally, the firm asserts that the company’s claims about the efficacy of BHV-7000, aimed at treating bipolar disorder, … Read more