Heading background

Faruqi Law Blog

Latest on Facebook

Page 1 of 61

DOL Proposes New Rule for Overtime Eligibility

March 12th, 2019

On March 07, 2019, the United States Department of Labor (“DOL”) proposed to increase the salary threshold required for executive, administrative and professional (“EAP”) workers to qualify as exempt from overtime under the Fair Labor Standards Act (“FLSA”).  Once finalized, the DOL rule will convert more than one million workers – earning between $23,660 and $35,308 annually...

Read full post

Faruqi & Faruqi Defeats Motion to Dismiss In Consumer Class Action Challenging Bayer’s Flintstones Complete Multivitamin Gummies

March 8th, 2019

On March 6, 2019, Judge John A. Kronstadt of the Central District of California denied Bayer’s motion to dismiss plaintiff’s complaint in its entirety. The Court declined to dismiss plaintiff’s allegations that defendants mislead consumers into believing their Flintstones Complete Children’s Multivitamin Gummies products contain a complete set of vitamins despite lacking vitamins B1...

Read full post

Geographical Origin Consumer Cases On The Rise

March 6th, 2019

When shopping for everyday items, it’s not only what’s inside the package that counts. Consumers care about the product’s background, and rightfully so. It comes as no surprise that geographical origin lawsuits for consumer products are becoming increasingly common. Just recently, on February 27, 2019, a collection of Kona, Hawaii coffee growers filed a class action lawsuit against...

Read full post

Federal Judge Reverses Decision in Blockchain ICO Case

February 25th, 2019

Judge Gonzalo Curiel of the Southern District of California has reversed his recent decision to deny the Securities and Exchange Commission’s (“SEC”) motion for a preliminary injunction against Blockvest’s Initial Coin Offering (“ICO”).  In an order dated February 14, 2019, Judge Curiel granted the SEC’s motion to reconsider his earlier decision.  Under this new order,...

Read full post

Faruqi and Faruqi Clients Object to Synergy Pharmaceuticals’ Bankruptcy Plan on Behalf of Putative Shareholder Class  

February 25th, 2019

On February 21, 2019, co-lead plaintiffs of a putative Synergy Pharmaceuticals shareholder class objected to Synergy Pharmaceuticals’ Chapter 11 Bankruptcy Plan.  The objection was made before Judge James L. Garrity in the United States District Court for the Southern District of New York.  It states, inter alia, that the Plan would improperly release claims by shareholders against third...

Read full post

Page 1 of 61
Logo Twitter Facebook LinkedIn Google+