(877) 247-4292
Faruqi Law Blog
Categories
Latest on Facebook
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...
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...
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...
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,...
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...
Find us on social networks
Twitter Facebook LinkedIn Google+