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Settlement

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NY Baby Formula Suppliers Accused Of Price Gouging Agree To $675K Settlement NY Baby Formula Suppliers Accused Of Price Gouging Agree To $675K Settlement
NY Baby Formula Suppliers Accused Of Price Gouging Agree To $675K Settlement Thousands of cans of baby formula are being distributed to families in need across New York after a settlement was reached with two companies accused of illegal price gouging. New York Attorney General Letitia James announced on Monday, Dec. 18, that her office had secured $675,000 worth of baby formula from Marine Park Distribution Inc. and its affiliate, Formula Depot Inc., following an investigation into price gouging during the nationwide formula shortage in 2022. The companies allegedly raised formula prices by more than 60 percent in some cases, with costs doubling for certain product…

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by Michael Mashburn
News
Uber, Lyft To Pay Historic $328M Settlement For 'Cheating' NY Drivers Out Of Wages, Benefits Uber, Lyft To Pay Historic $328M Settlement For 'Cheating' NY Drivers Out Of Wages, Benefits
Uber, Lyft To Pay Historic $328M Settlement For 'Cheating' NY Drivers Out Of Wages, Benefits In a major victory for rideshare drivers, Uber and Lyft have agreed to a historic, multi-million dollar settlement after wrongly withholding wages from New York drivers. The companies will pay a combined $328 million in backpay to thousands of current and former drivers as part of twin settlements announced by New York Attorney General Letitia James on Thursday, Nov. 2. It comes after an investigation found that Uber and Lyft withheld hundreds of millions of dollars from drivers and kept them from receiving benefits available under New York labor laws, according to James. Specifically, Ub…

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by Michael Mashburn
Business
How To Get Your Share: Facebook Users Can Now Apply For Part Of $725M Settlement How To Get Your Share: Facebook Users Can Now Apply For Part Of $725M Settlement
How To Get Your Share: Facebook Users Can Now Apply For Part Of $725M Settlement Many Facebook users may soon have some money headed their way. Those who had an active account on Facebook anytime between May 2007 and December 2022 can now apply to receive a share of parent company Meta's $725 million settlement. The lawsuit alleged that Facebook permitted the former United Kingdom-based political consulting firm Cambridge Analytica to access about 87 million users' personal information during the 2016 presidential campaign. Facebook users during that time frame can apply for the funds online now or by mailing their forms by Friday, Aug. 25. The claim form and general …

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by Joe Lombardi