Hip Hop star, Russell Simmons founded RushCard in 2003 to offer an alternative to high-fee prepaid cards to consumers. Last fall there were thousands of customers who were unable to use their money on the cards due to technical issues when RushCard converted its systems to a different processor. The problems caused an uproar on social media since they were not able to get any answers from the company. This prompted lawmakers and the Consumer Financial Protection Bureau to jump in.
Category Archives: Settlements
Johnson & Johnson Ordered to Pay $127 Million
Arguably one of the largest consumer health companies out there, Johnson & Johnson has recently been faced with major lawsuits relating to some of their popular products. Women have stepped forward alleging that the ingredient talc found in some of J&J’s powders was a probable cause of their ovarian cancer. Johnson & Johnson was ordered to pay up a total of $127 million dollars. The company has since filed to appeal the two recent verdicts.
Uber Settles for $100 Million
Uber, the tap a button, get a ride app that has changed the transportation industry across borders, cultures and languages alike, will pay up to $100 million to the 385,000 drivers in California and Massachusetts over whether they are considered independent contractors or employees. Uber has agreed to pay the plaintiffs $84 million, with a second payment of $16 million if it fact goes public. Judge Edward Chen, is presiding over the case in the Northern California Superior Court, he must still approve the settlement in order for it to take effect.
Shannon Liss-Riordan, is representing the drivers in the suits and stated “No court has decided here whether Uber drivers are employees or independent contractors and that debate will not end here.” The case “stands as a stern warning to companies who play fast and loose with classifying their workforce as independent contractors, who do not receive the benefits of the wage laws and other employee protections.”
Landmark NFL Decision Upheld
Following years of legal proceedings, consolidated cases and an appeal stemming from the United States District Court, a landmark settlement has been reached between the NFL and thousands of retired players. The settlement, reached by an appellate court overseen by a three Judge panel upheld the previous ruling of Judge Anita B. Brody of The United States District Court. Brody had overseen the vast majority of individual cases against the NFL that were combined in Philadelphia over three years ago.
Meningitis Outbreak Settlement
Over 300 former patients of the Michigan Pain Specialists Clinic that were infected in the 2012 fungal meningitis outbreak will be sharing a $10.5 million settlement. Each individual will be receiving compensation based upon a formula established in the earlier $210 million settlement involving the now-closed New England Compounding Center of Framington, Massachusetts, where the steroid solutions were mixed before being shipped to clinics across the country.