Category: Financial News
Uber Driver Advances ‘Wage Theft’ Lawsuit in North Carolina
A federal judge in North Carolina ruled Wednesday in favor of an Uber driver who filed a lawsuit against the ailing ride-sharing company, paving the way for a potential notable expansion of the litigation.
Nearly 400,000 Primewell Valera Tires Recalled; Sold at Firestone
Nearly 400,000 Primewell Valera tires for passenger cars were recalled from Firestone because the sidewalls can crack and lose air pressure, increasing the risk of a crash.
Wells Fargo to Pay $142 Million in Fake Account Settlement
Wells Fargo & Co. will pay $142 million in a class action settlement to customers whose credit scores have been affected by its employees’ practice of creating fake accounts dating all the way back to 2002.
Ford Recalls 6,000 Edge, Fusion, Lincoln MKZ Vehicles
Ford is recalling certain 2017 Ford Edge, Fusion, and Lincoln MKZ with inadequately welded torque converter studs. The gas pedal may suddenly fail to provide forward motion on the recalled vehicles.
U.S. Agency Allows Class Actions Against Banks
Federal regulators are banning banks and credit card companies from using fine-print arbitration agreements to strip ordinary Americans of their right to join together into class action lawsuits against financial institutions.
Fuel Pump Component Used in Volkswagen, Porsche & Audi Recalled for Fuel Leaks
Continental Automotive GmbH is recalling nearly 500,000 fuel pump flanges sold for use in Volkswagens, Audis and Porsches over a potential manufacturing defect that can lead to cracks and fuel leaks.
Exploding Airbag Kills Man Repairing 2001 Honda Accord
Honda has confirmed that an 12th person in the United States has been killed by an exploding Takata airbag, but this time the death was not the result of a car crash — he was fixing the car.
China’s FAW Group Recalls 680,000 More Mazdas Over Defective Takata Airbags
FAW Group Corporation, a partner of Japan's Mazda Motor Corp., has issued a recall for more than 680,000 Mazda vehicles over problems linked to airbags supplied the Takata Corp.
Jury Awards $5 Million in Ladder Fall Injury Lawsuit
A jury in Florida awarded more than $4.7 million to a man who was seriously injured after falling off a step-ladder from Home Depot. His lawyers called the ladder a "ticking time bomb in the form of a misplaced rivet."
Class Action Lawsuit Filed Over Euthanasia Drug in “Cocolicious” Dog Food
A class action lawsuit has been filed against two companies involved in the manufacture and distribution of an upscale dog food known as “Cocolicious” for allegedly containing the animal euthanasia drug phenobarbital.