Short Squeeze Trading MDL

Jeffrey Klafter appointed by the Court overseeing the January 2021 Short Squeeze Trading MDL as one of the four members of the Steering Committee for the cases.

Report Issued in KL Discrimination Case That Made A Difference

In 2009, Klafter Lesser obtained a $24.5 million in a class settlement over historical discriminatory life insurance sale practices by John Hancock.  Out of the settlement, we founded the Norflet Progress Fund to distribute $15.3 million in cy pres organizations supporting African-American communities across America.  The impact that was made by the Norflet Progress Fund has been set forth in this report.

Venture Solar

We have received numerous complaints from consumers about not receiving the offset on their electricity usage bills that Venture Solar represented they would receive.

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KL Wins Federal Appellate Decision Upholding Late-Filed Mortgage Satisfaction Claims

On May 20, 2021, a year after Klafter Lesser partner Seth Lesser argued before the Court, the United States Court of Appeals issued a significant 2-1 decision upholding the claims in Maddox v Bank of New York.  This class action seeks to remedy the Bank of New York’s failure to timely record mortgage satisfactions in accordance with New York State law, leaving individuals who paid off their mortgages in danger of negative credit reports.  The specific legal issue was whether plaintiffs had standing under Article III of the United States Constitution in order to pursue these claims in federal court.  The district court had ruled they did but had concluded the matter to be a “close question” and certified it to the Court of Appeals for addressing.  The decision by the Second Circuit is a resounding success for plaintiffs in the Second Circuit who are pursuing claims, including for statutory damages, under many federal and state consumer protection laws.  A copy of the decision can be found here.

KL Investigating Covid-19 Refund Claims

All too many companies and colleges are cancelling events or no longer providing services yet continuing to charge monthly or other fees, refusing to return your money and in some cases only offering credits. Among the offenders are event ticket sellers, sports teams, and colleges continuing to charge for room and board. These unjust practices put a further strain on people who have been furloughed or had their pay reduced in these challenging times.

 

KL believes that the most effective way to convince such companies and colleges to refund your money is to bring a class action against them as in many cases, individual requests for refunds have fallen on deaf ears. If you believe a company is unjustly charging you and/or refusing to refund your money, Contact Us or call Morgan Stacey, an attorney at our firm, at (914) 934-9200 to discuss your potential claim at no cost to you.

JUUL – KL Lawsuit for Addicted Child In the News

KL, with co-counsel Michael Galpern, has sued filed a major class action against JUUL for misleadingly selling JUUL vaping e-cigarettes as safe.

With the Wurgaft firm in New Jersey, Klafter Lesser has filed a class action lawsuit against electronic cigarette manufacturer JUUL yesterday on behalf of all New Jersey residents for JUUL’s fraudulent and unlawful marketing and advertising campaign. The Complaint alleges that JUUL:

Falsely claimed that its products are safer than conventional cigarettes.

Specifically targeted minors and new users through social media advertising campaigns that portrayed themes that resonated with young adults and adolescents.

Failed to include warning labels indicating that its products contain nicotine until forced to do so three years after being on the market.

https://www.nj.com/news/2019/09/nj-dad-who-bought-juul-for-his-14-year-old-is-leading-a-class-action-lawsuit-against-company.html?fbclid=IwAR0k0D2dlOF4MFU_Xs0iad-H5-D1v_sgnH14LGRDeTEX-e_mq6yIRlAgzqY

KL has also filed another four lawsuits on behalf of other and injured victims of JUUL’s deceptive and misleading advertising scheme and is preparing more for filing. Contact us for more information. https://klafterlesser.com/contact-us/