Posts by Y@DminG

A federal judge granted preliminary approval on Monday to Capital One’s revised $425 million class action settlement with depositors who said they were cheated out of high interest rates, two months after an earlier accord was rejected. U.S. District Judge … Source: Claims Journal

Alliant Insurance Services is the latest to join a group of brokers suing new competitor Howden US over what it calls Howden’s “smash-and-grab” strategy to take teams from other brokers. The suit also names three former employees—Jessie Guerrero, Christina Murphy, … Source: Claims Journal

Spain’s Catholic bishops agreed to let the Spanish government’s ombudsman have the final say in the church’s compensation of victims of sexual abuse by clergy members who have died or whose possible crimes are too old to be prosecuted. The … Source: Claims Journal

U.K. regulators have opened a probe into Elon Musk’s X as backlash mounts worldwide over the thousands of sexually suggestive images generated by the artificial intelligence tool Grok on the social media platform. The U.K. communications regulator Ofcom said Monday … Source: Claims Journal

The U.S. Supreme Court declined on Monday to hear a challenge to the Boy Scouts of America’s landmark $2.46 billion settlement of sex abuse claims in a case involving a group of abuse survivors who wanted to pursue lawsuits against … Source: Claims Journal

A service door that might have offered a second escape route at the Swiss bar where a deadly fire claimed 40 lives on New Years Eve was locked at the time of the incident, one of the managers told Swiss … Source: Claims Journal

The size and shape of any future investments in Europe by carmaker Stellantis will hinge on decisions on auto industry regulation, the carmaker’s head of Europe said on Friday, expressing concern at what had been announced so far. The EU … Source: Claims Journal

Elon Musk’s X Corp sued 18 major music publishers and a leading U.S. music industry trade association on Friday, alleging they conspired to block competition and force the social media platform to purchase licenses for musical works at inflated rates. … Source: Claims Journal

Stan Kroenke, the billionaire owner of the National Football League’s Los Angeles Rams, has taken a stand against billboards that he says threaten the prosperity of his $5.5 billion sports and entertainment complex in the nation’s second-largest metropolis. Kroenke alleged … Source: Claims Journal

A Texas private equity firm accused Paul Singer’s Elliott Investment Management of withholding “tens of millions of dollars” from the sale of oil and gas assets, according to a new lawsuit in the escalating fight over their failed partnership. Stronghold … Source: Claims Journal