Financial Recovery Strategies keeps up to date on the latest in class action developments. Here is a recap of some of the latest key developments.
Class-Action Lawsuit Targets Company that Harvests Location Data from 50 Million Cars
A new class-action lawsuit filed in California targets Otonomo, a data broker that harvests location data from tens of millions of vehicles around the world and then sells access to that information. The lawsuit says that because Otonomo is “secretly” tracking vehicle locations, it has violated the California Invasion of Privacy Act (CIPA), which bans the use of an “electronic tracking device to determine the location or movement of a person” without consent. (Read full article)
Alabama Settles Opioid Claims With J&J, McKesson, Endo for $276 Million -Attorney General
(Reuters) -Alabama on Tuesday reached $276 million in settlements with Johnson & Johnson, McKesson Corp and Endo International Plc, resolving claims that the companies fueled an opioid addiction crisis, the state attorney general said. Under the settlement, drug distributor McKesson will pay $141 million toward the state’s efforts to combat the opioid crisis, while drugmakers Johnson & Johnson and Endo will pay $70.3 million and $25 million, respectively, Alabama Attorney General Steve Marshall said in a statement. The three companies will also pay $40 million in attorneys’ fees. (Read full article)
NYC to receive first payment in $88.9 million worth of opioid settlement cash
Over the next year, New York City will receive $88.9 million as part of $1.5 billion in legal settlements that James has won from manufacturers and distributors of opioids. This week alone, the city is expected to get $11.5 million of that settlement money. In total, the Big Apple will receive at least $256 million as part of the settlements James has secured. (Read full article)
BlackBerry to pay $165 million to settle securities class action lawsuit against former officers
Cybersecurity company BlackBerry Ltd. said Thursday it has reached an agreement in principle to settle a class action lawsuit brought against some of its former officers in a New York Court for $165 million. (Read full article)
Zoom agrees to ‘historic’ $85m payout for graphic Zoombombing claims
The Covid-19 pandemic brought on a surge of “zoom-bombing” as hackers and pranksters crashed into virtual meetings with abusive messages and imagery. Now, Zoom has agreed to a “historic” payout of $85m as part of a class-action settlement brought by its users, including church groups who said they were left traumatized by the disruptions. (Read full article)