Concealing Information
Anthem, Empire Union Health Funds Hiding Claims Data, Says ERISA Class Action
The Employee Retirement Income Security Act (ERISA) also governs some health plans provided to employees or union members. In this case, two union self-funded health funds have sued Elevance, Inc., Anthem Health Plans, Inc., Anthem Blue Cross, Empire Blue Cross Blue Shield, and Empire Blue Cross (collectively called “Anthem” in the complaint), alleging that the Read more
Empower Managed Accounts Breach of Fiduciary Duties Class Action
Participants in retirement plans rely on plan fiduciaries to act in their interests, with loyalty and prudence. The complaint for this class action alleges Empower Retirement, LLC, Advised Assets Group, LLC (AAG), and other associated companies breach those duties to those who invest in Empower Managed Accounts, charging higher fees and concealing that the investment Read more
Geron Conceals Study Results, Sells Inflated Stock Class Action
Geron Corporation, a biopharmaceutical company, had just one drug in its pipeline, imetelstat. The complaint for this class action alleges that a Phase 2 clinical trial for the drug produced disappointing results. Despite this, according to the complaint, company insiders sold a large amount of stock without disclosing the results of the trial. This class Read more
SoClean CPAP Cleaning Devices Produce Ozone Texas Class Action
SoClean, Inc. makes devices to clean continuous positive airway pressure (CPAP) machines. But the complaint for this class action alleges that SoClean uses ozone for cleaning, and that it makes false statements about both this toxic gas and its devices, misrepresenting their potential dangers to humans. Read more
FCA US Requirements for “Lifetime” Powertrain Warranty Class Action
Two issues are argued in this class action against FCA US, LLC and Olathe Dodge Chrysler Jeep Ram. One is a breach of warranty claim for a “manifold bolt issue.” The other concerns the requirements to maintain a “lifetime” warranty, which the complaint alleges are concealed from customers so they allow the warranty to become Read more
Genworth Viability and Long Term Care Insurance Rate Increases Class Action
“Long Term Care is expensive. So too is Long Term Care Insurance.” So says this class action, which claims that Genworth Financial, Inc. and Genworth Life Insurance Company omitted material information about their long term care (LTC) policies when implementing premium increases. Read more