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Class Action Suit

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Class action against Nestle is shot in the dark; compromise is the best solution for all

Aug 13, 2015

Class action against Nestle is shot in the dark; compromise is the best solution for all

The suit seeking damages of Rs 640 crore from Nestle for sub-standard Maggi has both positive and negative dimensions. But in the interest of fairness, it is best for the two sides and the regulator to arrive at a compromise #Class Action Suit #FSSAI #food adulteration #Maggi ban #Food Regulation #NDDB
Not 'taste bhi, health bhi': Govt files Rs 640 cr suit against Nestle over Maggi 'unfair trade practices'

Aug 13, 2015

Not 'taste bhi, health bhi': Govt files Rs 640 cr suit against Nestle over Maggi 'unfair trade practices'

The government filed a class action suit against Nestle India, seeking about Rs 640 crore in damages for alleged unfair trade practices, false labelling and misleading advertisements. #NewsTracker #Nestle India #NCDRC #Class Action Suit #Consumer Affairs Ministry #Consumer Protection Act #Ban On Maggi
Bosch dismisses Indian employee's class action suit over forceful tax refunds

Nov 22, 2013

Bosch dismisses Indian employee's class action suit over forceful tax refunds

In a class action lawsuit filed in a federal court in Los Angeles, Kamath charged that Bosch unjustly enriched itself by requiring all of its non-US citizens employees to pay to Bosch federal and state tax refunds they had received while working in the US. #Tax refunds #Bosch #Class Action Suit #Suraj Kamath
L'affaire Phaneesh Murthy: Now, a class action suit against iGate

Jun 18, 2013

L'affaire Phaneesh Murthy: Now, a class action suit against iGate

L'affaire Phaneesh Murthy is haunting Nasdaq-listed iGate Corp. #Phaneesh Murthy #NASDAQ #iGate #Class Action Suit
Citigroup to pay $730 million to settle class-action lawsuit

Mar 19, 2013

Citigroup to pay $730 million to settle class-action lawsuit

Citigroup has agreed to pay $730 million to settle a class-action lawsuit that claimed investors were misled by the bank's disclosures when they purchased its debt and preferred stock. #Citigroup #CompanyWatch #Class Action Suit #Fine
Former directors of Satyam win ruling in US class action suit

Jan 03, 2013

Former directors of Satyam win ruling in US class action suit

A US federal judge dismissed claims against seven former directors of Satyam Computer Services in shareholder lawsuits stemming from the massive fraud at the heart of India's largest corporate scandal. #NewsTracker #Mahindra Satyam #Class Action Suit
Safety crisis: Toyota agrees to settle acceleration case for $1 bn

Dec 27, 2012

Safety crisis: Toyota agrees to settle acceleration case for $1 bn

Toyota Motor has agreed to spend $1.1 billion to settle sweeping US class-action litigation over claims that millions of its vehicles accelerate unintentionally, as the Japanese automaker seeks to move past the biggest safety crisis in its history. #CorporateStrategy #Toyota #Class Action Suit
A first: TCI suit against CIL becomes a mass tort claim

Oct 19, 2012

A first: TCI suit against CIL becomes a mass tort claim

A UK hedge fund has been allowed to convert its case against Coal India into something akin to a class action suit. #Corporate governance #coal india #TCI #Class Action Suit