FedEx sued over discrimination charges

Cedar Rapids Business Law Blog

The FedEx Ground Package System Inc., which is part of Memphis, Tenn.-based FedEx Corporation, is now facing a federal lawsuit over allegations of discrimination against deaf and hard-of-hearing applicants an…

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Google, Apple, Intel and Adobe to resume mediation in hiring lawsuit

Cedar Rapids Business Law Blog

Silicon Valley giants Google, Apple, Intel, and Adobe have resumed talks with workers in a class action lawsuit over the companies’ hiring practices, Reuters reported on Wednesday, September 3. Pl…

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Wells Fargo enters into a multi-million dollar securities lending settlement

Cedar Rapids Business Law Blog

On Monday, August 18, Wells Fargo has agreed to enter into a settlement of $62.5 million with large institutional clients who lost money due to the bank allegedly misleading investors by claiming their program was safe, a report by the Star Tribu…

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Bank of America’s second quarter profit down due to large legal costs

Cedar Rapids Business Law Blog

Bank of America’s income last quarter was down 43 percent to $2.3 billion after the company posted $4 billion in legal fees, according to The Boston Globe on July 17. Bank of America’s hefty legal costs diminished its second quarter profit to a l…

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Attorney Jim Radig appears on this week’s “Ask the Expert”

Cedar Rapids Business Law Blog

Yesterday, attorney Jim Radig of Arenson Law Group, PC, appeared on the program “Ask the Expert” to discuss several different matters related to bu…

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Facebook sued for allegedly violating users’ privacy

Cedar Rapids Business Law Blog

A consumer privacy watchdog group filed a complaint against Facebook for allegedly breaching their privacy agreement, Tech News reported on July 6. The Electronic Privacy Information Center (EPIC) accused Facebook of

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Medtronic announces its plan to buy Covidien

Cedar Rapids Business Law Blog

U.S. medical giant Medtronic has announced its plan to buy Ireland’s Covidien in a deal worth $42 billion in cash and stock, BBC News reported on June 16. According to the report, part of the

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Buy-In: Adding an Investor—Pros, Cons, and Pointers

Cedar Rapids Business Law Blog

Allowing an investor to buy into your corporation or LLC can be a complicated process. While it may be a great idea for some dealerships, it may be unsuitable for others. Every case is unique, and whether to add an investor involves a series of impor…

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Classic Puffery or Illegal Misrepresentation?

Cedar Rapids Business Law Blog

Puffery: advertising copy that indulges in subjective exaggeration in its descriptions of a product or service, such as “an outstanding piece of luggage.” Puffery is always a matter of opinion on the part of the advertiser and often will use …

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Apple to acquire Beats for $3 billion

Cedar Rapids Business Law Blog

Apple Inc. has announced its plan to purchase American headphone producer Beats Electronics and online music streaming service provider Beats Music in a multi-billion dollar acquisition deal, according to a…

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