New York City’s pension funds and the State of Oregon are suing Fox Corp., alleging the company harmed investors by allowing Fox News to broadcast falsehoods about the 2020 U.S. presidential election that exposed the network to defamation lawsuits, according to a report by the New York Times. The lawsuit, which didn’t specify the damages […]
The Ontario Municipal Employees’ Retirement System has until the end of October to decide if it will serve as the lead plaintiff in a class action suit brought against an Indian solar energy sector business. The lawsuit, which charges Azure Power Global Ltd. and several of its current and former executives with violations of the […]
Former employees of the City of Windsor, Ont. are pursuing legal action after being fired for violating the City’s coronavirus vaccination policy. While the lawsuit currently has 20 plaintiffs, more employees will be added, says Courtney Betty, the plaintiffs’ lawyer. The plaintiffs cover a wide range of occupations including firefighters, city employees and frontline workers. “[Through […]
A recent court ruling that awarded a plaintiff $1.5 million in punitive damages against the Blue Cross Life Insurance Co. of Canada — in connection with its more than six-year denial of long-term disability benefits — could result in increased costs for employer-sponsored benefits plans. “If this sets a precedent, then higher awards will be […]
Ohio’s largest public employee pension fund is suing Facebook — now known as Meta — alleging that it broke U.S. federal securities law by purposely misleading the public about the negative effects of its social platforms and the algorithms that run them. The lawsuit by the Ohio Public Employees Retirement System specifically claims that Facebook buried inconvenient findings […]