“Wells Fargo has agreed to a $32.5 million class action settlement resolving claims it mismanaged the company’s retirement plan. Anyone who was a participant of the Wells Fargo & Co. 401 (k) plan at any time between March 13, 2014, through the date the settlement becomes final is eligible to benefit,” reports Top Class Actions in their blog.

“Wells Fargo, a financial institution offering banking, mortgage and other services, employed nearly 250,000 people as of May 12, 2022, according to Forbes. Plaintiffs in the class action lawsuit alleged Morgan Stanley breached its fiduciary duties and violated the federal Employee Retirement Income Security Act (Erisa) by offering.”

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“The momentum behind the large-scale deployment of new renewable energy generation technologies is building up, driven in part by the Russian invasion of Ukraine. As the ongoing conflict has highlighted energy supply uncertainties, Europe has laid down ambitious plans to reduce its over-dependence,” reports Nils Rokke in Forbes.

“The imports of Russian oil, gas and coal. High amounts paid for Russia’s fossil fuels are helping Russia sustain its war against Ukraine, states the frank introduction to the EU’s Re Power EU plan. While there are some short-term solutions, the only long-term solution involves fast-tracking our commitment to developing renewable energy.”

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“Two major infrastructure improvement projects moved forward after contracts were awarded during Monday’s Marshalltown city council meeting. Contracts for the phase one reconstruction of State Street and sanitary sewer cured in-place pipe project went out to bid last week. Construct submitted,” reports Joe Fisher in Times Republican.

“Public works director Heather Thomas said the winning bid is five percent over the estimated cost of the project. The department recommended acceptance with a proposal to cover the additional cost. The largest funding source change in terms of dollars is an additional $461,741 from American Rescue Plan Act funding. Additionally.”

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“As Terry McLaurin awaits his next big contract, he has turned his limited holdout into a full absence. The Washington Commanders’ star wide receiver did not attend the first workout of organized team activities Monday and hasn’t attended any offseason workouts since the conclusion,” reports Nicki Jhabvala in The Washington Post.

“When the first phase of the Commanders’ offseason program began April 18, McLaurin participated in strength and conditioning workouts but declined to take part in any on-field work until his contract situation was resolved. Per the collective bargaining agreement, that phase prohibits on-field work with the football coaches and limits players.”

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“Phoenix Suns shooting guard Devin Booker was named a first-team All-NBA selection on Tuesday night, while Minnesota Timberwolves center Karl-Anthony Towns was named to the third team. That made both players eligible in the future for the designated veteran contract, aka a supermax,” reports Timothy Rapp in Bleacher Report.

“Atlanta Hawks point guard Trae Young, who was named to the third team, became eligible for a 30 percent max extension. Players are eligible for 35 percent supermax deals when they have between 7-9 years of NBA experience and meet one of the following criteria. Made an All-NBA team in the most recent season or each of the two seasons.”

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“The Adelaide Economic Development Agency has appointed former Merrill Lynch and Barclays Capital executive Tim Last to its board. Last is currently Partner/Director at Adelaide corporate advisory SRG Partners, where he has worked since May 2020 advising industry clients in agriculture, defence, health,” reports Thomas Kelsall in In Daily.

“He joined SRG after eight years in Hong Kong with stockbrokers Ord Minnett as Head of Sales, Trading and Capital Markets. He also spent nearly two years with Barclays Capital, five years with Merrill Lynch and six years with Macquarie Group in similar executive positions. Last said he was extremely humbled to join the AEDA board.”

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“Arsenal executive James King is set to be announced as the Professional Footballers’ Association’s general counsel, The Athletic understands. King had been employed by Arsenal since 2016 where he worked on commercial deals for their legal team before moving to their football operations department in,” reports David Ornstein in The Athletic.

“His most recent title at the Emirates Stadium was senior legal counsel for football operations. He was also a member of the FA’s legal and governance group for women’s football. King worked with Arsenal’s men’s, women’s and academy teams during his most recent years at the north London club. The PFA, the world’s oldest profession.”

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“If you’ve ever been tagged in a photo online, you might have some cash coming your way and soon. Earlier this month, more than 1.4 million long- and short-term residents of Illinois started receiving checks for up to $397, as compensation for a $650 million class action lawsuit settled against Facebook,” reports Megan Sauer in CNBC.

“According to plaintiffs, the social media platform illegally used facial recognition data gathered without consent to prompt users to tag their friends in photos. Experts say that’s only the beginning: More checks from privacy lawsuits are likely on the horizon. Google Photos and Shutterfly incurred similar class action lawsuits in Illinois.”

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“Attorneys for the families who lost relatives in last year’s collapse of a Florida condominium tower that killed 98 people reached a $1.02 billion settlement Friday, providing a speedy resolution to lawsuits that could have dragged on for years. The agreement to end litigation over the Champlain,” reports Terry Spencer in The Sacramento Bee.

“Lawyers previously had announced in court a tentative agreement that almost $1 billion would be split by the families whose relatives died or were harmed in the collapse of the 12-story tower in Surfside, and parties on both sides of the lawsuit filed a motion Friday committing to a $1.02 billion settlement fund. Additionally, nearly $100.”

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“The Supreme Court’s decisions on mandatory arbitration typically range from bad to atrocious. For decades, conservative justices have routinely used this tactic to stop workers and consumers from vindicating their rights in court while crushing class actions, leaving victims of corporate malfeasance without any meaningful remedy.” reports Mark Joseph Stern in the Slate.

“So it was a bit gobsmacking when, on Monday, the court issued a unanimous decision against mandatory arbitration, overturning an absurdly unfair rule that stacked the deck against plaintiffs. The court’s ruling in Morgan v. Sundance won’t heal all the wounds inflicted by awful precedents. But it does bring real justice to an otherwise perverse area of the law.”

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“The Volkswagen Group will pay out a share of $93million to around 91,000 drivers in England and Wales following a high-profile lawsuit relating to the ‘Dieselgate’ scandal. These drivers were to be represented in court by a consortium of law firms, but the claim has been settled out of court. The settlement,” reports Car Buyer in their blog.

“It works out at about £2,100 each for owners of Volkswagen, Audi, SEAT and Skoda cars that are part of the claim. However, proportions of the settlement may be allocated differently – it depends what has been agreed with the solicitors. The Dieselgate scandal involved VW fitting ‘defeat devices’ to its cars to pass stringent US emissions tests.”

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“If you’ve already reached the pinnacle of your professional aspirations, congratulations – you are in rare company. If you are like the rest of us, then you are continually trying to grow and develop. Professional success rarely happens by accident. This rings even more true during turbulent economic times. The cost of,” reports Mark Hall in Forbes.

“The cost of entry for success starts with discipline, proactiveness, self-awareness, stakeholder management, networking, and much more. There are an endless number of books written about the best practices of career development within large corporations, some with decent advice and some with outdated guidance. However.”

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“Matillion, the leading enterprise cloud data integration platform, today announced the appointment of its General Counsel and Chief Legal Officer. Markus Bauman joins the company as it moves into a new phase of growth, having reached unicorn status late last year following its most recent series,” reports PR Newswire in their blog.

“Bauman is an accomplished corporate attorney with years of experience in both the US and Europe working at leading international law firms and investment banks, including Goldman Sachs and JP Morgan. He was most recently Partner and Head of European Strategic Relations at Goodwin, a global law firm serving the technology.”

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“The companies, among them Mowi, SalMar, Lerøy and Grieg, continue to insist there is no basis for the US allegations, dating back three years, which they say are entirely unsubstantiated. The settlement, equivalent to (£67.6m or NOK 815m) remains subject to the approval of the court in,” reports Vince McDonagh in Fish Farmer.

“The saga began in 2019 when the European Commission said it suspected price collusion and raided a number of Norwegian-owned salmon farms in Scotland, but this has not so far led to legal action on the Commission’s part. The US case was then brought by seafood distributor Euclid Fish Company, together with a number of other American.”

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“The Securities and Exchange Commission today announced fraud charges against Detroit-based EIA All Weather Alpha Fund I Partners LLC (EIA) and its sole owner, Andrew M. Middlebrooks, for allegedly engaging in a multi-year scheme that included the misappropriation and misuse of investors’ funds,” reports US Securities & Exchange Commission in their Press Release.

“To halt this alleged ongoing fraud, the SEC sought, and on May 19, 2022 obtained, emergency relief from the U.S. District Court in the Eastern District of Michigan, including a temporary restraining order against EIA and Middlebrooks and an asset freeze against the defendants and named relief defendants.”

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“The Biglaw ranking-fest that is the Am Law 200 is out today. While the top 100 firms were previously released, today’s spotlight is on the second hundred firms that is, those ranked 101 to 200. Let’s start with the good news because there’s a lot positive in the numbers.  Overall gross revenue for,” reports Kathryn Rubino in Above The Law.

“The second hundred is up 9.1 percent as is headcount, up 1.3 percent. Other health indicators had a strong performance last year, with revenue per lawyer up 7.7 percent, and profits per equity partner is up too 11.8 percent. But as ALM reports, there are cracks to be seen. when the crunch is on, well, expect to see partners who feel like.”

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“Service Titan Inc., a cloud-based software company that assists electricians and other home services businesses, has hired former Latham & Watkins and technology company lawyer Olive Huang as general counsel. Huang, who spent more than five years as a Latham associate, most recently was general,” reports Brian Baxter in Bloomberg Law.

“The trades are the ultimate customer service industry, Huang said in a Tuesday statement, adding that her new company aids businesses large and small. She joins the Glendale, California software services provider that to date has raised roughly $1.1 billion in capital. The company completed a $200 million Series G fundraising round.”

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“The NFL agreed to pay $790 million in November to end a legal dispute over the Rams’ relocation from St. Louis to Los Angeles back in 2016. The amount is the most the NFL has ever paid to settle litigation, and details about where the money came from are now starting to emerge. Filed in 2017 by,” reports Abigail Gentrup in Front Office Sports.

“The St. Louis Regional Convention and Sports Complex Authority, the lawsuit alleged the league broke its own relocation rules when the Rams moved. Rams owner Stan Kroenke agree to inmdenify the league before other NFL owners approved the team’s move in 2016, but wavered on his promises shortly before the trial started.”

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“Five plaintiffs’ firms are seeking $88 million in legal fees for their lead roles in a $264 million class action antitrust settlement in a case that alleged Viatris Inc, the drugmaker formerly known as Mylan, maneuvered to delay generic competition to the EpiPen allergy treatment. The firms Sharp Law, Keller Rohrback,” reports Reuters in their blog.

“Robbins Geller Rudman & Dowd; Pritzker Levine; and Burns Charest — on Friday asked a U.S. federal court judge in Kansas to grant final approval of the settlement with Mylan, which was sued over its marketing strategy for the life-saving EpiPen auto-injection device. A preliminary deal was announced in February shortly before the start.”

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“Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland.,” reports Tom Farren in the Coin Telegraph.

“Garlinghouse, who also occupies a role as a member of the company’s board of directors, commented on a wide range of topics, most notably the current status of regulation in the United States versus G20 nations.”

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