Tag Archives: Class Action

Financial Daily Dose 11.06.2019 | Top Story: Walgreens Boots Working With PE Firms to Go Private

BY: Michael D. Reif | November 6, 2019

Bloomberg is reporting that Walgreens Boots is weighing a potential deal “to take the company private in what could become the largest leveraged buyout in history.” PE firms like KKR are apparently in the mix to assist in the funding – Bloomberg and MarketWatch Meanwhile, Xerox is mulling over a “cash-stock offer for the $27 … Continue reading

Class Action Review

BY: Stacey P. Slaughter | January 22, 2016

On Wednesday, the Supreme Court’s ruling in Campbell-Ewald Company v. Gomez placed serious limits on a strategy some companies have employed to dispose of class cases quickly.  The Court held that a company cannot moot a purported class claim by offering a settlement to the named plaintiff, even if the class has not yet been … Continue reading

Mandatory Arbitration Clauses

BY: Stacey P. Slaughter | January 6, 2016

The Consumer Financial Protection Bureau recently announced a plan to limit mandatory arbitration clauses in the financial services industry.  The plan would eliminate bans on class action waivers in consumer financial contracts such as those for credit cards, checking accounts, and payday loans. The CFPB’s proposed plan arose from a March 2015 study of arbitration agreements … Continue reading