You Could Be Eligible For These Class Actions And Not Even Know It

Samuel M. Livingston

The class action system is slow, profitable for lawyers, and flawed, but for now it’s the best tool that ordinary consumers have for holding companies that have wronged a lot of people responsible with a relatively small financial impact. Not all suits are well publicized, though, and you might not know that you’re eligible. Did you buy a computer between 2003 and 2008? How about “natural” cleaning products or lavender-scented baby products? [More]

Ex-Wells Fargo CEO John Stumpf Resigns From Boards Of Chevron, Target

Ex-Wells Fargo CEO John Stumpf Resigns From Boards Of Chevron, Target

John Stumpf, who “retired” last week from his position as CEO of Wells Fargo due to the company’s fake account scandal, is also taking the opportunity to “retire” from board seats. Oil company Chevron and retailer Target announced today in filings with the Securities and Exchange Commission that Stumpf would be stepping down from their respective boards, both of which he joined in 2010. [More]