Score a win for Consumers in California

California voters and consumers just scored a major win despite substantial efforts from corporations and big business to change the laws regarding bringing lawsuits against corporations for false advertising.  These companies, tobacco, insurance and other large corporations spent five times the normal amount to get Proposition 64 passed so that they could claim exemptions from their false advertising.  It’s a wonder that Proposition 64 even passed in the first place, but score a major win for the consumers in this one and hopefully they as well as other consumers in other states will learn from this fiasco and understand the singular motive behind the corporations, money.  The San Francisco Chronicle has a great write-up on this entire story. “Consumers win with court’s Prop. 64 decision“. Read more

Clearwire Subscribers file Lawsuit

A lawsuit was filed today against Clearwire US, LLC (”Clearwire”) seeking certification of a class action on behalf of Clearwire subscribers. As alleged in the lawsuit, Clearwire entices consumers into long-term contracts for internet and phone service by advertising its service as a fast, reliable “always-on” alternative to cable or DSL internet access, and as a superior alternative to traditional land-line telephone service. But, according to the complaint, when those consumers seek to cancel their Clearwire service because they discover that, in fact, Clearwire service is slow and unreliable (or for any other reason), the consumers learn that their long-term contracts contain an Early Termination Fee provision pursuant to which Clearwire charges a fee of up to $220 for canceling. Read more

Verizon Wireless files lawsuit against telemarketers

Verizon Wireless said today it has filed a lawsuit to stop several telemarketers from calling its customers and employees with an offer of an extended car warranty. The lawsuit, filed in New Jersey Superior Court, names Dealers Warranty (doing business as Federal Auto Protection), National Dealers Warranty and Tele Europe, B.V., and alleges these companies are responsible for illegally using an autodialer to reach Verizon Wireless customers. Read more

Lawsuit filed against Sun Trust Banks

Atlanta-based law firm Webb, Klase & Lemond, LLC has filed a class action lawsuit against SunTrust Banks, Inc. alleging that SunTrust engages in fraudulent, deceptive, unfair, and bad faith business practices with respect to its assessment of overdraft fees on consumer checking accounts. The suit also claims that SunTrust, which is headquartered in Atlanta, Georgia, has engaged in improper and unfair practices in order to increase the number and amount of overdraft and/or service fees imposed upon consumers’ accounts. The case, styled Peterson v. SunTrust Banks, Inc., was filed in the Superior Court of Fulton County, Georgia on April 8, 2009 and has been assigned Case No. 2009CV167326. Read more

United Law Group files Lawsuit against Bank of America

United Law Group, the leading provider of legal foreclosure prevention and foreclosure litigation services today announced that it filed a complaint in the Superior Court of the State of California County of Orange Central Justice Center against Bank of America and its subsidiary Countrywide Home Loans, Inc. for tortuous interference with contract, defamation (slander) and unfair business practices (pursuant to B&P Code §17200) (case number 30-2009 00121999). Read more

Class Action Lawsuit filed aginst Oppenheimer New Jersey Municipal Fund

The law firm of Kantrowitz, Goldhamer & Graifman, P.C., announced today that it has filed a class action complaint in the U.S. District Court for the District of New Jersey against Oppenheimer New Jersey Municipal Fund (the “Fund”) (NASDAQ: ONJAX) (NASDAQ: ONJBX) (NASDAQ: ONJCX) on behalf of all persons who purchased Class A and/or Class B and/or Class C shares of the Fund from April 24, 2006 through and including October 21, 2008 (the “Class Period”) pursuant to various Registration Statements and Prospectuses issued by the Fund during the Class Period. Read more

Class Action Lawsuit filed against Stanford International Bank

The Law Offices of Stephen F. Malouf, P.C. announced today that it has commenced a class action in the United States District Court for the Northern District of Texas on behalf of purchasers of Stanford International Bank Ltd. (”SIB”) certificates of deposit (”CDs”) or shares in SIB’s Stanford Allocation Strategy proprietary mutual fund wrap program (”SAS”) between January 1, 2000 and February 17, 2009 (the “Class Period”). Read more