Legal Insights & Case Updates | Miller Shah LLP Blog

March 15, 2022

Class Action, Employment, Misclassification

Uber to Arbitrate Misclassification Claims in Illinois

Disclaimer: Miller Shah was not involved in this case. On October 29, 2020, a class action lawsuit was filed in the United States District Court for the Northern District of Illinois accusing popular ride sharing platform Uber Technologies, Inc. (“Uber” or “Defendant”), of misclassifying its drivers as independent contractors instead of employees under federal wage laws. The action alleges that because drivers were misclassified as independent contractors, they missed out on…

February 28, 2022

Class Action, Employment

California Truck Drivers Reach $9.5 Million Misclassification Settlement

In California and across the country, truck drivers are at risk of being misclassified as independent contractors. This has negative implications for drivers’ taxes and workplace protections, as independent contractors are not subject to the same workplace regulations or protections as employees. For workers in labor-intensive jobs, such as truck drivers, this can cause serious issues. But truck drivers in California have recently made strides forward in advocating for their employment status.…

February 22, 2022

Class Action, Securities

AMC Securities: Miller Shah Obtains $18 Million Settlement

On February 14, 2022, U.S. District Judge Alison J. Nathan granted final approval of a proposed $18 million Settlement (the “Settlement”) in a class action against AMC Entertainment Holdings, Inc. and certain executives and financial underwriters (“AMC,” the “Company,” or “Defendants”). The Settlement resolves allegations that AMC misled investors when touting the Company’s plans to acquire Carmike Cinemas, Inc. (“Carmike”), Odeon & UCI Cinema Group, and Nordic Cinema Group AB.…

February 07, 2022

Class Action, ERISA

Supreme Court Greenlights Excessive Investment Fees Lawsuit, Sides with 401(k) Participants

On January 24, 2022, the Supreme Court of the United States unanimously ruled that Plaintiffs, 401(k) plan participants of Northwestern University (“Northwestern” or the “University”), could proceed with their lawsuit against Northwestern and the administrators of the University’s 401(k) retirement plan (the “Plan”) for alleged mismanagement of the Plan. Northwestern, like many corporations and non-profit organizations, offers a defined contribution retirement plan, whereby eligible employees set aside a certain percentage…

December 20, 2021

International Business & Trade

Whistleblower Receives $200M Award from CFTC

On October 21, 2021, the Commodity Futures Trading Commission (“CFTC” or “Commission”) announced that it had awarded a single, unnamed whistleblower nearly $200 million for information that led to a successful enforcement action relating to interest rate manipulation at a large financial firm. The decision came after the Claims Review Staff initially recommended that the CFTC deny the claimant’s whistleblower award application. This Preliminary Determination was followed by a request for…

December 07, 2021

Class Action

2019 Nissan Versa & Altima Investigation

Summary of Investigation: Nissan drivers are taking legal action over a possible defect in 2019 model year Versa and Altima vehicles containing a Xtronic Continuously Variable Transmission (“CVT”). The alleged defect causes the vehicles to suddenly shake and jerk (commonly referred to as “juddering” or “shuddering”) when drivers attempt to accelerate. The problems cause the Versa and Altimas to, in some cases lag or delay when the driver tries to accelerate,…

November 19, 2021

Securities

AMC Securities Class Action Settlement Information

Miller Shah LLP is pleased to announce that AMC Entertainment Holdings, Inc. (“AMC” or the “Company”), along with certain executives and financial underwriters, have agreed to pay $18,000,000.00 to resolve claims under the federal securities laws in connection with AMC’s acquisition of several other theater operators and the Company’s secondary public offering (“SPO”) of stock in early-2017. The matter is entitled Hawaii Structural Ironworkers Pension Trust Fund v. AMC Entertainment…

November 02, 2021

Class Action, Securities

AMC Securities Lawsuit: Preliminary Settlement Papers Filed

Miller Shah LLP, on behalf of a class of individuals and entities that purchased or acquired the common stock of AMC Entertainment Holdings, Inc. (“AMC” or the “Company”) during the class period defined below (“Class”), has filed a motion for preliminary approval of a class action settlement in the matter of Hawaii Structural Ironworkers Pension Trust Fund v. AMC Entertainment Holdings, Inc. et al. The settlement will provide $18 million…

October 26, 2021

International Business & Trade

Miller Shah LLP Joins Lawsuit to Ensure Speedy Trials for All

The Sixth Amendment to the United States Constitution guarantees that “[i]n all criminal prosecutions, the accused shall enjoy the right to a speedy and public trial.” In California, this right is codified in Article 1, Section 15 of the California Constitution, as well as in California Penal Code section 686(1). Yet, it is estimated that as of August 30, 2021, there at least 429 people in the San Francisco Superior…

September 30, 2021

Class Action, Securities

Twitter to Settle Securities Lawsuit for $809.5 Million

Twitter, Inc. (“Twitter” or the “Company”) has agreed to pay $809.5 million to settle a class action securities lawsuit filed by investors in the United States District Court for the Northern District of California. The lawsuit was originally filed in September 2016 and sought remedies under Sections 10 and 20(a) of the Securities Exchange Act of 1934. The lawsuit alleged that from February 6 to July 28, 2015, Twitter and…

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