Class Action Suit

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

L'affaire Phaneesh Murthy is haunting Nasdaq-listed iGate Corp.

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.

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.

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.

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.

1984 riots case: US court allows summons to be served to Sonia in hospital

Gandhi is currently in the US for regular medical check up.