Class Action Lawsuits

UnitedHealth Group Inc.’s finance chief allegedly put business interests first and ignored information that the company’s 401(k) plan was filled with low-performing target-date funds, hurting plan participants, according to an amended class-action complaint filed Wednesday. Chief Financial Officer John Rex gave priority to the healthcare company’s relationship with Wells Fargo & Co., which managed the funds in question through…

T-Mobile admitted a security lapse in 2021 after personal information of over 50 million of its current, former and prospective customers was found for sale online. Photo: David Paul Morris/Bloomberg News…

A tiny business for 3Mfoam earplugs for the U.S. military—threatens to become a major liability for the manufacturing giant.More than 100,000 U.S. military veterans have filed lawsuits against Minnesota-based 3M over hearing damage linked to what they claim are defects in the company’s military-grade earplugs. The company faces billions of dollars in potential costs from legal settlements or trials after soldiers alleged they returned from war with hearing damage due to the earplugs, which the government bought for…

Google agreed to pay $118 million to settle a lawsuit claiming the tech giant had discriminated against women in pay and promotions. The settlement concludes a class-action suit in San Francisco Superior Court initiated in 2017 by three female former employees who said that Google, a unit of Alphabet Inc., GOOG -3.04% placed them in lower-job levels than similarly qualified males, leading to lower pay, and denied the women promotions or…

WASHINGTON—The Supreme Court on Monday ruled unanimously that airline baggage handlers can’t be compelled to resolve employment disputes through individual private arbitration, bucking a trend of recent decisions making it easier for employers to avoid class-action lawsuits brought by workers.Writing for the court, Justice Clarence Thomas said baggage handlers expressly are exempted from the Federal Arbitration Act, a 1925 law that allows employers to make it a condition of employment that…

Lawsuits over cryptocurrency losses are mounting across the country, as investing in digital tokens and coins has become mainstream and the money at stake has increased significantly.Even before the recent plunge in crypto prices, the industry already was seeing an uptick in lawsuits, which have come in several forms. Many of the cases have been fueled by investors who allege some digital coins were hyped and sold under false pretenses. Some proposed class-action suits allege pump-and-dump schemes involving celebrity…