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Case ID: 4265 | Consumer Products | 03/30/2005
A class action lawsuit has been filed in Allegheny County, Pennsylvania challenging the University of Pittsburgh's new basketball season ticket policy, which lets the school reassign some seats depending on how much a ticket holder donates to the school.
Pitt allegedly announced last month that all non-Club season tickets will be reassigned annually based on a point score which includes, among other things, how much money ticket holders give to a new sports fundraising drive. The plaintiffs liken that process to a silent auction, saying that people could lose their seats to others who gave more money. Plaintiffs want an Allegheny County judge to order the school to let current season ticket holders keep their seats if they maintain or increase their donations. The seats are set to be reassigned in May. Pitt announced the new program as part of a $45 million campaign to fund more athletic scholarships and build better facilities for some secondary sports. At Lawcash.com, it is our goal to keep you informed about important legal cases, class actions and settlements. Our lawyers offer free legal evaluations in tort cases, class actions, personal injury, and other lawsuits because we are dedicated to helping you resolve your legal complaints. Other Consumer Products Cases of Interest Several class actions have been filed against nutritional supplement manufacturer NBTY, Inc., (NYSE: NTY) and certain of its officers and directors by stockholders who purchased the company's common stock between April 22, 2004, and June 16, 2004. The actions claim that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. A class action has been filed against the online movie rental service Netflix, Inc. and certain of its officers and directors by stockholders who purchased the company’s common stock between October 1, 2003 and July 15, 2004. The action claims that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company’s securities. The stockholders seek to recover compensatory damages for the loss of value of their stock. A class action lawsuit has been filed in the Middle District Court of Florida against Lowe's Companies, Inc., a North Carolina based home improvement store with 1,000 stores in 45 states, for violations of the Fair Labor Standards Act (FLSA). Class members seek an order enjoining the Company from continuing their current pay policies, compensatory damages, attorney's fees, interest and costs. Judge Robert Ruehlman approved a class-action settlement against Cincinnati Bell Wireless for improper roaming charges.
The settlement for more than $6 million will allow subscribers who were wrongfully charged for roaming services to get up to $50 in vouchers for certain Cincinnati Bell services. Kahn Gauthier Swick, LLC ("KGS") announces that shareholders of Jones Soda Company ("Jones Soda" or the “Company”) (Nasdaq:JSDA) who purchased shares of the Company between March 9, 2007 and August 2, 2007 (the "Class Period"), have until November 5, 2007 to move for appointment as Lead Plaintiff in a securities class action lawsuit currently pending in the United States District Court for the Western District of Washington. No class has yet been certified in this action. Americans have come to place great faith in product labels. The parties have reached a tentative $3 million settlement in a nationwide class action filed against dietary supplement manufacturer The Chemins Company, Inc. and its owner, James R. Cameron, on behalf of all persons who purchased for their personal consumption powdered protein products manufactured by the company from January 1, 1993, to January 31, 2002. Claims must be postmarked on or before September 15, 2003, to be considered valid. |
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