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“#Bill Ackman calls it quits on his giant SPAC days after shareholder lawsuit” Billionaire investor Bill Ackman said he’s throwing in the towel on his giant blank-check company — just days after he was slapped with a shareholder lawsuit that claims it was set up illegally. In a Thursday letter to shareholders of his $4…
“#J&J sued after recalling sunscreens due to cancer-causing chemical” Johnson & Johnson has been slapped with a class-action lawsuit after the pharmaceutical giant announced Wednesday that it was recalling five of its spray sunscreens due to the presence of a cancer-causing chemical in some samples. The lawsuit, filed by Johanna Dominguez and Sharron Meijer in…
“#Amazon cheating workers out of 30-minute lunches” A lawsuit that accuses Amazon of cheating warehouse workers out of their lunch breaks is moving forward in California, even as the e-commerce giant faces a big vote on whether to unionize a warehouse in Alabama. A former Amazon logistics specialist in Vacaville, California, has sued the company…
“#King’s Hawaiian misleads about where its rolls are made, lawsuit claims” King’s Hawaiian sweet rolls are not Hawaiian enough, a new lawsuit charges. The class-action suit, filed Friday in Manhattan federal court, accuses the maker of the popular baked products of defrauding consumers by suggesting they’re still made in the Aloha State. In fact, they’re…
“#McDonald’s slapped with second discrimination suit by black franchisees” McDonald’s is under fire again for how it treats its black franchisees. A civil rights class-action lawsuit filed Thursday accused McDonald’s of steering black franchisees into predominately black, inner-city or rural communities where they make less money than their white counterparts and have higher operating costs…
“#Johnson & Johnson to pay more than $100 million over baby powder lawsuits” Johnson & Johnson will pay more than $100 million to settle over 1,000 lawsuits that allege the company’s Baby Powder caused cancer, Bloomberg News reported on Monday, citing people with knowledge of the pacts. J&J faces more than 19,000 lawsuits from consumers…