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FDAzar > News (Page 2)

AZAR FIRM SUES PG&E ON BEHALF OF CALIFORNIA WILDFIRE VICTIMS

PG&E Fire

A class action lawsuit filed late last week on behalf of victims of the Camp Fire claims that Pacific Gas & Electric Co. is responsible for sparking the deadliest wildfire in California history. Since it first erupted in Butte County on November 8, the Camp Fire has resulted in at least 77 deaths, burned more than 150,000 acres and destroyed more than 10,000 homes. Officials say the cause of the blaze is still under investigation, but the lawsuit, filed by Franklin D. Azar & Associates and Garner & Associates, cites multiple reports of problems with a high-voltage power line operated by...

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HEALTH CONCERNS LEAD TO CRACKDOWN ON TEEN VAPING

e-cigarette and cigarette

First, the good news. The number of adult Americans who smoke cigarettes has declined significantly in recent years, from 21 percent in 2005 to less than 16 percent in 2016. That represents a big drop in tobacco-related mortality, although smoking remains the leading cause of preventable disease and death in the country, accounting for 480,000 deaths a year. At least part of the reduction can be attributed to the development of better smoking cessation aids and programs, such as nicotine gum and patches. It’s also been suggested that the growing popularity of e-cigarettes and vaping could be a factor; the makers of...

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WHISTLEBLOWER CASES: EXPOSING FRAUD, RIGHTING WRONGS

Woman blowing whistle and pointing

A few weeks ago the Securities and Exchange Commission (SEC) announced that it was paying substantial awards to two private individuals who had assisted the agency in a major enforcement action. One of the two received payment of $15 million; the other received $39 million. All of the money came from fines paid by a major company that had been caught violating securities laws. The SEC declined to reveal the identities of the two recipients. It didn’t reveal any details of the investigation, either, or the name of the major company that was involved, out of concerns that it would compromise...

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GOOGLE TRACKING LAWSUIT: LOCATION STORED W/O PERMISSION

A federal lawsuit claims that Google has generated millions in revenue by secretly storing location data of mobile phone users who believe they’ve opted out of such tracking. That lawsuit was filed October 19 in the Northern District of California by Franklin D. Azar & Associates and seeks class action status on behalf of iPhone and Android users nationwide whose location information was stored by Google despite their efforts to disable the service. HOW DOES GOOGLE SECRETLY STORE YOUR LOCATIONS? A mobile phone’s location is typically tracked by Google whenever the owner uses Google Maps or similar applications. Google’s support page claims that...

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CENTURYLINK LAWSUIT: RETIREMENT FUND INVESTORS SEEK CLASS ACTION STATUS

A motion filed in U.S. District Court in Denver asks a federal judge to grant class action status to a lawsuit against CenturyLink, claiming that the telecom giant mismanaged a retirement fund and cost beneficiaries millions in losses from bad investments. Bonnie Birse and Gerad Detwiler, the named plaintiffs in the suit, are seeking class action certification on behalf of thousands of other participants in the CenturyLink Dollars and Sense 401(k) Plan who invested in the underperforming fund over a five-year period, from April 2012 to the end of September 2017. CENTURYLINK LAWSUIT – A QUESTION OF PERFORMANCE At issue is the Active...

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AZAR FIRM SUES FACEBOOK OVER LATEST SECURITY BREACH

Facebook users affected by the social media giant’s latest security breach have filed a federal class action lawsuit against the company, claiming that a flaw that allowed hackers access to personal data has exposed millions of people to the risk of identity theft. The lawsuit was filed late last week in the Northern District of California by Franklin D. Azar & Associates on behalf of named plaintiffs in California, Colorado and New Jersey. The complaint seeks class action status on behalf of all Facebook users whose private information was compromised by the massive data breach. WHAT IS THE FACEBOOK BREACH? Facebook announced on...

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Azar Law Firm Named Lead Counsel in Securities Class Action Against Flex, Ltd.

DENVER— Franklin D. Azar & Associates, P.C., has been appointed as co-Lead Counsel in a federal securities class action lawsuit filed against the global electronics giant Flex, Ltd., and two of its senior executives. The suit seeks to recover losses suffered by Flex investors after, the complaint alleges, Flex and its senior executives made material misstatements and omissions concerning the company’s internal controls over financial reporting. FDAzar and the Boston-based Thornton Law Firm are litigating the case as co-Lead Counsel on behalf of the Lead Plaintiff, the Bristol County Retirement System, and other Flex shareholders who comprise the putative class members....

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PLAN PARTICIPANTS WIN ROUND IN BATTLE OVER NATIONWIDE 401K FEES

A federal judge has denied a motion to dismiss a lawsuit that claims financial services giant Nationwide Insurance Company is charging excessive fees for recordkeeping for 401(k) plans. The lawsuit, filed in June 2017 by Denver law firm Franklin D. Azar & Associates, alleges that Nationwide charged the Andrus Wagstaff, PC 401(k) plan and other similarly situated 401(k) plans excessive fees for recordkeeping and other services, resulting in charges as high as $625 per participant in 2014 and $500 per participant in 2015. The lawsuit alleges that those fees are almost ten times the reasonable charge for recordkeeping and other services,...

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The Craig Silverman Show 710KNUS News/Talk

FDAzar 710 KNUS

Saturday August 18th Frank Azar was interviewed on Craig's Lawyers' Lounge. Follow the link to listen to the full interview and find out more about The Strong Arm. The Interview Summary and Highlights Craig: We've never had a visit from the Strong Arm. Everybody in Colorado knows the Strong Arm. He's got to be one of the most famous people in Colorado. His name is Frank D. Azar and is here in the lounge. Welcome, Frank. Frank: Thanks for having me, Craig. It's been tough getting here. Craig: Well, tell everybody the Frank Azar story. And does it have anything to do with Trinidad, Colorado? Frank:...

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OMG, TMI: TIPS FOR PROTECTING YOUR PRIVACY ONLINE

These are tumultuous times out in cyberspace, from the massive data breach at Equifax last year that compromised the personal data of 148 million people to the recent revelations that private information about millions of Facebook users ended up in the hands of a political data firm seeking to influence voter behavior. In the wake of those incidents and others, more and more users of social media doubt their ability to protect their personal information online. According to a survey by the Pew Research Center, only nine percent of respondents are “very confident” that the safeguards on social media sites...

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