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New York City authorities on Wednesday accused T-Mobile USA of cheating customers with “abusive sales tactics” in a multilayered scheme that “targets” young New Yorkers as well as immigrants and Big Apple residents with lower incomes… Read this piece in its entirety at Law360.
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Samsung Electronics Co., Micron Technology Inc. and SK Hynix Inc. scored a win on Tuesday when a California federal court threw out most of a proposed class action brought by consumers who alleged the chip makers colluded to fix prices on dynamic random-access memory, a key component in many digital devices… Read this piece in…
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A former United Auto Workers official pled guilty in Michigan federal court on Wednesday to money laundering and wire fraud charges that came as part of an ongoing government investigation into a pay-to-play conspiracy between Fiat Chrysler Automobiles executives and UAW officials… Read this piece in its entirety at Law360.
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A New York federal judge on Tuesday bounced more than a dozen major banks from a bond price-fixing lawsuit, but kept several others including Deutsche Bank and Goldman Sachs, saying a “rare smoking gun” pointed to wrongdoing on the part of the financial giants… Read this piece in its entirety at Law360.
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A onetime FBI agent aided various swindlers in several fraud schemes that swiped some $2.1 million from investors, the U.S. Securities and Exchange Commission alleged in a suit filed Friday in Georgia federal court… Read this piece in its entirety at Law360.
Mike LaSusa 