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Part 7: Securities Fraud: When "good" Investments Disappear
The nest egg stories Cases of investment and securities fraud come in many sizes. It is hard not to feel for middle aged and older individuals who have seen their life savings and pension investments shrivel or disappear while under the supposedly watchful eye of some third party.

Latest Lawsuit News & Legal Information

Victory for Women with Ovarian Cancer linked to Johnson & Johnson’s Talc in Missouri Court of Appeals
St. Louis, MO A panel of three judges with the Missouri Appeals Court has found Johnson & Johnson “Outrageous because of Evil Motive or Reckless Indifference” and upheld an award of over $2 billion in damages: $500 million in compensatory damages, plus another $1.62 billion in punitive damages. This group of 22 ovarian cancer victims-- all of whom developed ovarian cancer from J&J’s baby powder-- has now received the sixth largest award in U.S. legal history.

New Jersey Allergan Biocell Textured Breast Implant Lawsuits Consolidated in New Jersey Superior Court
Hackensack, NJ On July 7, the initial case management conference for In Re: Allergan Biocell Textured Breast Implant Products Liability Litigation (the “MCL”) was held before Judge Rachelle Harz in New Jersey Superior Court in Bergen County. The consolidation of state law actions is intended to permit speedy, cost-effective and consistent management of the common issues that the breast implant side effects lawsuits are expected to share. This multicounty litigation will proceed in parallel with the multidistrict federal lawsuits (the “MDL”) that have been consolidated in Newark.

California Court Rejects Dignity Health Settlement Again
Oakland, CA The long-awaited settlement in Rollins v. Dignity Health, a class action ERISA lawsuit, that has been moving through the legal system since 2013, continues to be just that – long awaited. On June 12, the District Court for the Northern District of California refused to approve a proposed settlement for the second time since 2019.

Uber Slammed -- From California to Canada
Santa Clara, CA Uber and Lyft are getting slammed, from California to Canada. In May, California sued the ride-hailing companies claiming they misclassified their drivers as independent contractors under the state’s new labor law, Bill AB5. North of the border, the Canadian Supreme Court has allowed Uber drivers to forge ahead with a class action lawsuit that will classify them as employers rather than independent contractors.

Rite-Aid not doing it Right
Santa Clara, CA A California federal judge says Rite Aid violated California labor law by not reimbursing its employees for their uniforms. And one month previously, in May, Rite-Aid was hit with another lawsuit. Along with Thrifty PayLess Inc., about 10,000 employees may be owed wages for time spent undergoing off-the-clock security checks.

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