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Abbott Laboratories beat back a 2020 lawsuit from a 401(k) participant whose account was fraudulently raided of $245,000.
The plaintiff, Heide Bartnett, also sued Alight Solutions, the plan’s recordkeeper, and that case will still go on.
An identity thief managed to get the bulk of Bartnett’s 401(k) assets transferred to a brand-new bank account, Bartnett has been able to recoup about $108,000.
Bartnett claimed that Abbott Labs breached its fiduciary duty by hiring Alight, and allegedly failing to monitor it. In the complaint, Bartnett pointed to other instances of retirement accounts at Alight being compromised, as well as an investigation by the Department of Labor.
Gaming Loot Boxes - Innovative and Creative Multi-billion Euro Industry but What Are the Legal Risks and Are They Gambling? by Tuomas Pelkonen on 05/12/21 05:12:00 am The following blog post, unless otherwise noted, was written by a member of Gamasutras community. The thoughts and opinions expressed are those of the writer and not Gamasutra or its parent company.
Microtransactions and loot boxes have become more and more popular as a business model in the game industry. The growth has been staggering. While a decade ago, only 4% of desktop games on Steam had a loot box mechanism[1], nowadays a majority of the mobile games and a significant portion of the desktop games have such mechanism. According to research conducted at the University of York last year, a total of 58.0% of the top games on the Google Play store contained loot boxes, 59.0% of the top iPhone games inc
Company Settles Case on Baking Process Claims Thursday, February 25, 2021
On February 16, 2021, the U.S. District Court for the Northern District of Illinois Eastern Division granted final approval of a class action settlement, incentive reward, and attorneys’ fees and expenses that totaled more than $650,000. The settlement resulted from a 2018 lawsuit where plaintiffs argued that FGF Brands USA Inc. and FGF Brands, Inc. (defendants) made misleading claims regarding the baking process of their various naan products.
Plaintiffs filed a lawsuit in 2018 against the defendants who sell naan Indian flatbread, challenging its “tandoor-baked naan” and “tandoor oven-baked to honor 2,000 years of tradition” claims as being false and misleading. Defendants baked the naan on a conveyor belt in a gas-heated commercial oven, not in traditional tandoor ovens, which are made from clay or stone. Plaintiffs claimed that there is no substitute for the flavor imparted
401(k) lawsuit update: 2 dismissals, 2 settlements
Abbott Labs and Genentech won dismissals in cases against them, although plaintiffs can refile their complaints. Cerner Corp. and BlackRock have reached settlements in class-action cases against them.
February 19, 2021 3 MINS
Abbott Laboratories this month fended off for the second time a 2020 lawsuit from a retirement plan participant whose account was fraudulently raided of $245,000.
The plaintiff, Heide Bartnett, also sued the plan record keeper, Alight Solutions, which has not succeeded in getting the claims against it tossed.
In early 2019, an identity thief began corresponding with the plan’s customer service center and eventually managed to get the bulk of Bartnett’s 401(k) assets transferred to a brand-new bank account, according to court records. Since then, Bartnett has been able to recoup about $108,000.
David Perdue s Dollar General Was Sued 2,500 Times for Sex, Race, Wage Practices
On 12/30/20 at 7:58 PM EST
This story is co-published with Capital & Main
Georgia Sen. David Perdue is seeking re-election in a campaign that could determine control of the U.S. Senate. He s doing so during a pandemic that has created hardship for ordinary workers, even as the wealthy have become more so. The Republican says that he can restore the economy to health and cites his record as a businessman who created jobs that helped working families make it from payday to payday, as his Senate website claims.
His longest-serving CEO gig, at Tennessee-based Dollar General, remains an integral part of his biographical arc. He tells crowds he added 2,600 stores in four years and over 20,000 jobs.