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BofA bought the mortgage lender for $2.5 billion in 2008, and has recorded more than $30 billion in losses from unhealthy loans, mortgage-backed securities claims and lawsuits. The company continues to face numerous litigations, which can likely have a cloth impression on its financial stability.
The federal government lawsuit depicts Walmart, the world’s largest retailer, as “uniquely effectively positioned the stop the illegal diversion of opioids” by means of its operation of greater than 5,000 pharmacies and its function in wholesale distribution of controlled substances by 2018.
Both sources contend that wage & hour lawsuits are exponentially outpacing all different sorts of workplace class motion lawsuits. Collective actions filed in federal courtroom outnumbered all different varieties of non-public class motion fits, and hit the following states the toughest final year: California, Florida, Illinois, New Jersey, New York, Massachusetts, Minnesota, Pennsylvania, and Washington. This trend is expected to proceed into 2010.
Niantic, the creator of PokÃ©mon Go , has reached a tentative settlement in a category action lawsuit filed against the company by householders who claim the sport brought about players to stumble into their yards trying to find PokÃ©mon. As part of the settlement , the company will probably be extra responsive in fielding nuisance complaints from non-public property homeowners and can take away gyms and PokeÌStops that appear near residential areas.…