Consumers and investors suffer when corporations, banks, and financial institutions and/or their employees cheat. Securities fraud comes in many forms and typically involves false misrepresentations or omissions that manipulate or sway investment decisions.
The purchase of an automobile is one of the most significant financial decisions consumers make. Too often, consumers confront a lack of disclosure about latent defects that affect the value of the vehicle and cause consumers to pay more than the vehicle is worth, not to mention subjecting consumers to potential safety hazards.
Carella Byrne has filed a securities fraud class action lawsuit in the United States District Court for the Southern District of Florida against Restaurant Brands International Inc. on behalf of those individuals who purchased or acquired common stock.
A Florida federal judge granted final approval Monday to a $42 million settlement automakers Volkswagen and Audi reached to resolve multidistrict litigation over their alleged use of defective Takata Corp. air bags, as well as a $12.6 million attorney fee award from that total.