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Gainey McKenna & Egleston Announces VimpelCom, Ltd. Class Action Litigation Update (Now Known As VEON Ltd.) (VEON)

Gainey McKenna & Egleston Announces VimpelCom, Ltd. Class Action Litigation Update (Now Known As VEON Ltd.) (VEON)

NEW YORK, Sept. 25 (Korea Bizwire) — Gainey McKenna & Egleston announces Class Action update regarding VEON, Ltd. (“VEON” or the Company”) (NASDAQ:VEON), previously known as VimpelCom, Ltd. On December 9, 2016, Lead Plaintiff in the action filed an amended class action complaint.  The amended complaint asserts claims on behalf of all persons or entities [...]

Deutsche Bank Ordered to Compensate Investors for Stock Manipulation in Class Action Suit

Deutsche Bank Ordered to Compensate Investors for Stock Manipulation in Class Action Suit

SEOUL, Jan. 20 (Korea Bizwire) – A lower court ordered Deutsche Bank on Friday to compensate investors for damage it caused by manipulating stock prices, in the nation’s first-ever ruling on a class action suit.  The Seoul Central District Court ordered the Germany-based financial services company to pay a total of 8.55 billion won (US$7.28 [...]

Court Rules against Consumers in Class Action Lawsuit against Hyundai Motor Co.

Court Rules against Consumers in Class Action Lawsuit against Hyundai Motor Co.

SEOUL, Oct. 21 (Korea Bizwire) – A Seoul district court on Thursday ruled against a group of 1,890 consumers who have filed a class-action lawsuit against Hyundai Motor Co. over the alleged exaggeration of the gas mileage of an SUV made by the country’s No. 1 automaker.  The Seoul Central District Court said that as [...]

Class Action Against Symantec Corp. for Misleading Product Re-Downloading Service

Class Action Against Symantec Corp. for Misleading Product Re-Downloading Service

WASHINGTON, April 2, 2014 (Korea Bizwire)  — A federal court ruled this week that purchasers of Norton antivirus software who bought a re-downloading service can proceed on a class action case against technology security provider Symantec and its e-commerce vendor, Digital River, Inc. The plaintiffs allege that Digital River and Symantec duped customers into buying [...]