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.
When companies collude to fix prices and restrain trade, harm accrues to competitors and individuals, alike. Antitrust lawsuits are used to stop practices that restrain trade and the operation of the free market and to compensate those who are harmed. The goal is to keep the market free, open, and competitive.
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.