Article: Wells Fargo Can Appeal Cert. Order In Overtime Suit

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Wells Fargo Can Appeal Cert. Order In Overtime Suit

Max Kutner, 21 April 2021

Wells Fargo can challenge in the Third Circuit part of an order directing it to produce contact information for thousands of workers involved in a proposed collective and class action alleging off-the-clock overtime, a Pennsylvania federal judge has ruled.

In a memorandum order Tuesday, U.S. District Judge Robert J. Colville agreed to certify Wells Fargo’s interlocutory appeal of a March 15 conditional certification order, which required the bank to provide contact information for sending notice to thousands of home mortgage consultants with arbitration agreements. The judge said a question of law existed about whether the arbitration issue should come up during conditional certification or at a later stage. Continue reading “Article: Wells Fargo Can Appeal Cert. Order In Overtime Suit”

Article: Class Action Lawsuit Filed Against ‘Roaring Kitty’ After GameStop Short Squeeze: What You Need To Know

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Class Action Lawsuit Filed Against ‘Roaring Kitty’ After GameStop Short Squeeze: What You Need To Know

Melanie Schaffer, 17 February 2021

Lawsuits related to the Gamestop Corporation GME 0.1% short squeeze have been stacking up following the volatile trading in the stock in January.

Keith Patrick Gill, viewed by many as the leader of the debacle, is now facing a class action lawsuit. What Happened: On Tuesday, the law firm Hagens Berman announced that it has filed a securities class action suit against Gill in U.S. District Court, accusing him of “price manipulation of GameStop stock.”

Gill is known as “Roaring Kitty” on YouTube and DeepF*ckingValue on Reddit. In prepared remarks Gill plans to deliver to the U.S. House Committee on Financial Services on Thursday, he denies wrongdoing.

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