Kraken Liquidated Ether Virtual Currency Class Action

Ether is a virtual currency that may be traded for normal currencies via online exchanges such as Kraken, the defendant in this case. This class action alleges that a systems problem occurred at Kraken, leading to it locking customers out of their accounts and liquidating the Ether holdings in margin accounts. Had Kraken’s systems been  Read more

Investments
Your Money, Forced Sell-Off, Cryptocurrency

KLX Securities Fraud Class Action Lawsuit

This securities fraud class action lawsuit alleges that KLX, Inc. violated the federal securities law by materially misrepresenting the value of its intangible assets and its goodwill associated with the Company's Energy Services Group, along with its policies and the methodology implemented to calculate goodwill, risk and asset impairment, conduct which ultimately caused significant losses  Read more

Investments
Your Money, Stock Losses, Securities Frauds, Inaccurate Financial Statements

Deutsche Bank Fiduciary Breach ERISA Class Action

This class action lawsuit alleges that Deutsche Bank Americas Holding Corp. and other fiduciaries of the Deutsche Bank Matched Savings Plan breached duties imposed by the Employee Retirement Income Security Act (ERISA) by engaging in prohibited transactions and unlawful self-dealing with regard to selecting investments, to the the detriment of the Plan, its participants and  Read more

Investments
Retirement Plans, Retirement Plan Mismanagement, ERISA Violations, Employment Violations, Breach of Fiduciary Duty

Reliance Trust/Insperity ERISA Class Action Lawsuit

This class action lawsuit alleges that Reliance Trust Company, Insperity and related entities breached fiduciary duties owed to participants and beneficiaries of an ERISA-covered 401(k) plan by allowing payment of unreasonable administrative and recordkeeping fees, payment of unreasonable investment management fees, using low-yielding money market funds without considering other options, failing to monitor fiduciaries and  Read more

Investments
Retirement Plans, Retirement Plan Mismanagement, ERISA Violations, Employment Violations, Breach of Fiduciary Duty

CNX, Noble Energy Oil and Gas Royalty Class Action

This class action lawsuit alleges that CNX Gas Company and Noble Energy, Inc. fraudulently entered into lease agreements with the owners of oil and gas mineral rights in West Virginia which provided for flat-fee post production expense deductions from royalty payments owed.  Read more

Investments
Your Money, Royalty Payments, Royalties, Energy Exploration and Production

MetLife ERISA Retirement Plan Fiduciary Breach Class Action

This class action lawsuit alleges that Metropolitan Life Insurance Company ("MetLife") breached its fiduciary duties to ERISA-covered retirement plan clients by failing to disclose key information including the manner in which it sets the internal "crediting rate" used to distribute capital investment income to their accounts.  Read more

Investments
Your Money, Unfair Services, Retirement Plans, Retirement Plan Mismanagement, ERISA Violations, Employment Violations, Breach of Fiduciary Duty, Annuities

Chesapeake Energy Gas Royalty Underpayment Class Action

This class action lawsuit alleges that Chesapeake Energy Corporation intentionally and systematically miscalculated and underpaid natural gas royalties to individual lessors within Pennsylvania.  Read more

Investments
Your Money, Royalty Payments, Royalties, Energy Exploration and Production

Total Petrochemicals Alleged to Breach ERISA Fiduciary Duty

A class action brought against Total Petrochemicals, Inc. alleges that the company breached its fiduciary duties as administrator of its employee 401(k) fund, because the company is requiring employee participants to sell company stock in the fund back to the company at a loss. The lawsuit is brought under the rules of the Employee Retirement  Read more

Investments
Your Money, Unfair Services, Retirement Plans, ERISA Violations, Employment Violations

Lawsuit Claims Talk Fusion is a Pyramid Scheme

A class action lawsuit has been filed against video communications giant Talk Fusion that accuses the company of operating a pyramid scheme, a business practice that is illegal in the United States and other parts of the world.   Read more

Investments
Your Money, Unfair Services, Pyramid Scheme

Liberator Medical Holdings (LBMH) Merger Review

Liberator Medical Holdings (LBMH) announced it has entered into a definitive agreement with C.R. Bard for $3.35 in cash per share.   Liberator Medical Holdings shareholders are entitled to answers to important questions regarding the proposed merger Does the merger agreement contain unfair termination provisions? At least one analyst set a price target of $8.00  Read more

Investments
Corporate Merger Reviews