What is the statute of limitations in a consumer protection law case? What is the statute of limitations for a data breach?
Posted by Faruqi & Faruqi on 12/02/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575414791-what-is-the-statute-of-limitations-in-a-consumer-protection-law-case-what-is-the-statute-of-limitations-for-a-data-breach.mp4 The statute of limitations is a legal way of saying how much time you have to bring your lawsuit before your claims expire. But once the ...
What is a data breach?
Posted by Timothy J. Peter on 12/02/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575413984-what-is-a-data-breach.mp4 My name is Tim Peter and I'm an attorney at Faruqi & Faruqi. A data breach is the leak or theft of information from a company or governmental agency's digital records. This often occurs because of the company or the government's inadequate ...
Is my employer allowed to round my time down?
Posted by Faruqi & Faruqi on 12/02/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575413275-is-my-employer-allowed-to-round-my-time-down.mp4 My name is Patrick Collopy and I'm an employment attorney. Generally, under federal and state law, your employer is required to pay you for every minute that you work. This means that if you're scheduled to work from ...
What is a contingency fee?
Posted by Faruqi & Faruqi on 12/02/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575413677-what-is-a-contingency-fee.mp4 A contingency fee is a type of attorney's fee where, rather than collecting periodic payments throughout the pendency of the litigation, the attorneys are paid a percentage of the recovery at the end of the case. A contingency fee is ...
What is a class period?
Posted by Faruqi & Faruqi on 11/29/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575413416-what-is-a-class-period.mp4 In a securities class action lawsuit, the class period is a specific period of time during which a company is alleged to have violated the U.S. securities laws. A class period is usually inclusive of all days, meaning that it includes the ...
How do I choose a law firm to represent me in a securities class action?
Posted by Faruqi & Faruqi on 11/29/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575411173-how-do-i-choose-a-law-firm-to-represent-me-in-a-securities-class-action.mp4 When deciding on a law firm to represent you in a securities class action, you should choose a firm with substantial experience in the practice area and who will dedicate itself to litigating ...
Is it okay that I am paid less than other employees because I am not a citizen?
Posted by Faruqi & Faruqi on 11/29/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575411128-is-it-okay-that-i-am-paid-less-than-other-employees-because-i-am-not-a-citizen.mp4 My name is Patrick Collopy, and I'm an employment attorney. All employees, regardless of their citizenship, are covered by the protections of the federal Fair Labor Standards Act, ...
What is a class action?
Posted by Faruqi & Faruqi on 11/29/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575410507-General-DH-What-is-a-Class-Action.mp4 A class action is a type of lawsuit in which an individual sues one or more defendants on behalf of other people who have suffered the same type of harm as a result of the defendant's alleged wrongdoing. Class actions are often ...
What are the benefits of bringing a securities class action?
Posted by Katherine M. Lenahan on 11/29/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575407328-10b5-KML-Benefits-of-Securities-Class-Action.mp4 Bringing an individual lawsuit seeking recovery for damages incurred as a result of a company's violations of the securities laws will typically be prohibitively expensive. A securities class action allows investors ...
In a data breach what is the difference between personal information and non-personal information?
Posted by Faruqi & Faruqi on 11/27/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575406102-Consumer-DJH-Personal-and-Non-Personal-Data.mp4 Personal information is information that can personally identify you, such as your name, email address, or billing information, or any other data, which can be reasonably linked to your identity. By comparison, sensitive ...
If I file a complaint with the attorney general's office will that resolve my false advertising or data breach claims?
Posted by Timothy J. Peter on 11/27/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575405553-Consumer-TJP-Will-AG-Solve-My-Case.mp4 My name is Tim Peter, and I'm an attorney at Faruqi & Faruqi. Filing a complaint or complaining to the attorney general of your state may many times lead to resolution of your concern. However, sometimes the attorney general ...
I signed a contract which waived my right to bring a class action. Does that mean I cannot do anything about the fact that I was deceived or was a victim of a data breach?
Posted by Timothy J. Peter on 11/27/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575405216-Consumer-TJP-Class-Action-Waivers.mp4 My name is Tim Peter and I'm an attorney at Faruqi & Faurqi. What you signed is often called a class action waiver. But whether those agreements are legally enforceable by the company against you depends on the circumstances ...
How much money can I receive as a class member in a securities class action lawsuit?
Posted by Katherine M. Lenahan on 11/27/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575404702-10b5-KML-How-Much-Money-Can-I-Get.mp4 Generally, monetary recoveries in securities class actions consist of a payment of cash that is put in a common fund to be distributed to the class in proportion to the amount of alleged damages that each class member who seeks ...
How do I get involved in a securities class action lawsuit?
Posted by Faruqi & Faruqi on 11/27/2019
See informative video here: https://www.faruqilaw.com/blog/377/how-do-i-get-involved-in-securities-class-action-lawsuit In order to become actively involved in the case, investors who purchase securities during the class period and lost money as a result may apply to the court to become a lead plaintiff. A lead plaintiff is a class member ...
While Generic Drug Approvals Hit Record Highs, Brand-Name Drugmaker Shenanigans Still Keep Them Off The Market
Posted by David Calvello on 11/27/2019
The Wall Street Journal recently reported that although FDA approvals for generic drugs have reached "record numbers" in recent years, many of these less expensive alternatives to brand-name drugs have struggled to hit the market. This is not because of supply issues or natural barriers to entry: it is because brand-name drug manufacturers ...
House Passes Bill to Extend Statute of Limitations for SEC Disgorgement Claims
Posted by James M. Wilson, Jr. on 11/27/2019
The U.S. House of Representatives passed the Investor Protection and Capital Markets Fairness Act that expressly authorizes the Securities and Exchange Commission (the "SEC") to seek disgorgement of unlawfully obtained funds up to 14 years after the alleged violation. As reported by Faruqi & Faruqi earlier this month, in 2017 the Supreme Court ...
The CFTC Tackled Historically Significant Commodities Fraud and Manipulation in 2019
Posted by Faruqi & Faruqi on 11/27/2019
The U.S. Commodity Futures Trading Commission's ("CFTC") issued an annual report on Monday November 25, 2019 outlining key metrics for the Commission's enforcement actions over the past year. See CFTC 2019 Annual Report. The report explained that the CFTC's priorities for the year were preserving market integrity, protecting customers, promoting ...
How can I protect myself from becoming a victim of a data breach?
Posted by Faruqi & Faruqi on 11/26/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575396697-Consumer-DH-Data-Breach-Protection.mp4 You can help prevent your data from being stolen by using unique passwords and credentials with the retailers, limiting the amount of information you give to businesses, and purchasing identity theft protection services. Oftentimes, ...
Am I still a class member if I subsequently sell the securities I purchased?
Posted by Faruqi & Faruqi on 11/26/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575395907-10b5-DH-Selling-Securities-as-Class-Member.mp4 You're not required to hold onto your securities in order to maintain a claim in a securities fraud class action. If you purchase securities during the class period and suffer losses as a result of those purchases, you ...
Am I a class member if I only purchased my securities before or after the class period?
Posted by Faruqi & Faruqi on 11/26/2019
See informative video here: https://www.faruqilaw.com/uploads/blog/1575395293-10b5-MMS-Purchases-and-Class-Period.mp4 Only the securities purchased during the class period are the subject of the litigation. Therefore, if you purchase securities only before or only after the class period, you would not qualify as a class member. However, the ...