Category: Uncategorized
£54 Million Settlement Secured In Shipping Cartel Action
Class Representative Mark McLaren and Scott+Scott UK today announced a £54 million proposed settlement with the remaining two defendants in the Car Carrier Cartel: MOL and NYK. The approval of this settlement by the Competition Appeal Tribunal will conclude the claim against the Car Carrier Cartelists and take the total amount recovered to £92.75 million following earlier settlements with “K” Line, WWL/EUKOR, and CSAV in January 2025 and December 2023 respectively. The action against some of the world’s leading shipping companies was brought by consumer champion and class representative Mark McLaren and was originally valued at £150 million.
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David Scott at Global Class Actions Symposium 2025
“It’s an exciting time for legal professionals in Europe,” Managing Partner David R. Scott this week pointed out at the Global Class Action Symposium 2025 organized by Global Legal Group. “There is a lot of cross-pollination between U.S. and transatlantic claimant lawyers and claims that are filed in the United States,” as many of the cases – especially in the anticompetitive space – ultimately also appear in the UK or European jurisdictions. While discussing competition-based collective action trends at the GLG panel held in London, Mr. Scott weighed in on several key inflection points driving competition and antitrust litigation.
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UK Estate Agents Launch £1bn Legal Action Against Rightmove
Property company Rightmove has been accused of charging unfair and excessive prices to several thousand UK estate agents, with damages in imminent legal action estimated to total around £1 billion. The legal action, led by former Competition and Markets Authority (CMA) panel member Jeremy Newman, will argue that Rightmove abused its dominant position in the online property portal market by charging excessive and unfair prices to estate agents to list properties on its online portal. The damages from this practice are estimated to total around £1 billion. According to its own 2024 accounts, Rightmove’s profit margin is around 70%, making it the most profitable company in the FTSE 100.
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Securities Suit Against Online Learning Provider Stride, Inc.
cott+Scott today filed a securities class action against Virginia-based online education provider Stride, Inc., a platform that offers digital learning content for students throughout the United States. The lawsuit brought in the United States District Court for the Eastern District of Virginia against Stride and several of the company’s top executives alleges that the digital education provider misleadingly claimed to be “one of the nation’s most successful technology-based education companies.” According to the complaint, unbeknownst to the market ,Stride inflated enrollment numbers, cut staff cost beyond required statutory limits, ignored compliance requirements, and kept losing existing and potential student enrollments.
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Scott+Scott Files Investor Suit Against Fiserv
Scott+Scott this week filed a shareholder class action lawsuit against digital services company Fiserv and its top executives for allegedly misguiding investors and making wrongful statements about its financial health. According to the lawsuit filed in the U.S. District Court for the Eastern District of Wisconsin, Fiserv’s share price dropped approximately 45% after the company lowered its financial forecast. As a result, Fiserv investors suffered significant financial losses.
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Court Grants Final Approval of $95M Apple Siri Settlement
U.S. District Judge Jeffrey S. White this month granted final approval of a $95 million settlement in the data privacy class action lawsuit Lopez v. Apple Inc., No. 4:19-cv-04577-JSW (N.D. Cal). This agreement resolves claims that Apple’s voice-activated assistant Siri violated users’ privacy by recording private and confidential conversations without consent. “We are pleased with the Court’s approval of this landmark settlement. This was a complex case brought on behalf of thousands of consumers and we are excited to have brought it successfully over the finish line,” said Scott+Scott Partner Erin Green Comite.
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Erin Green Comite Recognized as Partner of the Year
We are pleased to announce that Colchester-based Partner Erin Green Comite has been recognized as Partner of the Year by Law.com’s New England Legal Awards. Ms. Comite has served in leadership roles in numerous consumer class actions and secured settlements or court victories in an impressive number of cases ranging from data privacy litigation to product liability and consumer deception matters. Her dedication to individuals harmed by corporate malfeasance and mentorship of young colleagues make her a true trailblazer of women in law.
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Scott+Scott Files Lawsuit Against Major Banks
Scott+Scott Attorneys at Law LLP today filed a class action lawsuit on behalf of two California and Colorado residents against some of the nation’s leading banks, including JPMorgan Chase, Bank of America, Wells Fargo, Citibank, U.S. Bank, PNC, and Truist. The lawsuit of nationwide significance was filed in the United States District Court for the District of Connecticut and alleges that the largest U.S. banks conspired to fix, raise, and stabilize the rate charged to their most creditworthy customers for short-term loans, commonly referred to as “prime rates.”
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Scott+Scott Files Securities Case Against Marex
Scott+Scott has filed a securities class action against Marex Group PLC and the company’s top executives, alleging that the fintech platform inflated its financial statements and applied fraudulent accounting practices. The lawsuit filed in the U.S. District for the Southern District of New York details how the financial services firm overstated its cash flow, while in fact manipulating accounting records and transactions history with its subsidiaries.
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Dutch Court Hands Down Ruling in Case Against TikTok
The Amsterdam Court of Appeal this week handed down a landmark decision in a collective action first filed against TikTok in 2021 by Scott+Scott on behalf of Stichting Take Back Your Privacy with support of the Dutch Consumentenbond (Dutch Consumer Association). The case was brought under the Act on the Settlement of Mass Damages Claims in CollectiveActions (WAMCA) on behalf of three interest groups and alleges that the social media company is violating children’s privacy and consumer rights. This ruling is a significant step forward in bringing data privacy and GDPR-related cases under the WAMCA mechanism created in 2020.
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