Squitieri & Fearon, LLP represents plaintiffs and large groups or classes of individuals who have suffered losses as a result of the misdeeds of corporations or other individuals. Below is a sample of some of the notable cases that Squitieri & Fearon, LLP is prosecuting.
Squitieri & Fearon, LLP is investigating claims against key arenas and ticket sellers for violating consumer protection laws by charging improper excessive fees (such as service fees, processing fees or convenience fees) to consumers who bought tickets for concerts and sporting events. Venues and sellers like Ticketmaster regularly tacked on these fees that added more than 21 percent to the face value and dramatically increased the cost of a ticket.
On February 11, 2016 the New York Attorney General released a report stating that “Ticketing, to put it bluntly, is a fixed game,” Investigators found abuses and practices that prevent consumers from buying tickets at affordable prices or sometimes even getting them at all. The report also found that third-party brokers resold tickets on sites like StubHub and TicketsNow at average margins of 49 percent above face-value and sometimes more than 10 times the price. Some brokers used an illegal specialty software, called “ticket bots,” to quickly purchase as many tickets as possible for resale at significant markups. This software can order tickets thousands of times faster than a human can and those buyers then resell the tickets, driving up ticket prices.
If this happened to you, please contact Stephen J. Fearon, Jr. by e-mail at stephen@sfclasslaw.com or by phone at (212) 421-6492. You can also complete the following form, and someone from the firm will contact you.
In July 2010, we brought a class action under ERISA against the executives and directors administering the TierOne Bank Savings Plan and the TierOne Corporation Employee Stock Ownership Plan. The complaint alleges that defendants failed to protect the investments of class members in spite of their knowledge that TierOne’s recent shift in business trajectory—from regional community banking into high-risk subprime lending in the nation’s most volatile housing markets—exposed TierOne to massive loses that would eventually drive the company into bankruptcy in June of 2010. Have you lost money as a result of your participation in either of the TierOne retirement plans? Report your case.
TRESemmé HAIR LOSS AND BURN INVESTIGATION
Squitieri & Fearon, LLP is investigating claims for people who suffered hair loss and scalp irritation from using TRESemmé Keratin shampoo or conditioner.
The TRESemmé products allegedly cause significant scalp irritation and hair loss. Hundreds of people have reported that after using TRESemmé their hair has fallen out in clumps, they have bald patches, discoloration, irritation, burns, and rash. These adverse experiences can be linked to one concerning ingredient — DMDM hydantoin which can leach formaldehyde when it comes into contact with water. Formaldehyde is a known human carcinogen that can be absorbed in the skin where it can then cause cancer and other harmful reactions.
Since Unilever has used DMDM hydantoin in its TRESemmé products, the company has been aware of consumers reporting scalp irritation and hair loss after using TRESemmé.
If you or someone you know purchased TRESemmé Keratin shampoo and/or conditioner and suffered hair loss, scalp irritation and/or similar injuries, you may be eligible to file a suit. Please contact Stephen J. Fearon, Jr. by e-mail at stephen@sfclasslaw.com or by phone at (212) 421-6492. You can also complete the following form, and someone from the firm will contact you.
Squitieri & Fearon, LLP is currently investigating claims on behalf of participants in the Wells Fargo & Company 401(k) Plan who invested their retirement assets in Wells Fargo’s mutual funds — known as “Target Date Funds”. Those funds generally cost at least two times more than comparable target date funds and often underperformed the other funds. Wells Fargo overcharged participants in the plan by charging fees for managing the funds and for managing index funds underlying the target date funds. In effect, Wells Fargo was double-dipping on its fees. Over time, these higher fees significantly decreased the retirement assets available to the participants in the Wells Fargo 401k plan. As a result, participants in the 401k plan who invested in the Wells Fargo funds lost millions of dollars in retirement assets that instead went directly to Wells Fargo and some of its related entities.
The funds with these higher fees included the following Wells Fargo Dow Jones Target Date Funds:
the Wells Fargo Dow Jones Target Today Fund;
the Wells Fargo Dow Jones Target 2010 Fund;
the Wells Fargo Dow Jones Target 2015 Fund;
the Wells Fargo Dow Jones Target 2020 Fund;
the Wells Fargo Dow Jones Target 2025 Fund;
the Wells Fargo Dow Jones Target 2030 Fund;
the Wells Fargo Dow Jones Target 2035 Fund;
the Wells Fargo Dow Jones Target 2040 Fund;
the Wells Fargo Dow Jones Target 2045 Fund;
the Wells Fargo Dow Jones Target 2050 Fund;
the Wells Fargo Dow Jones Target 2055 Fund; and
the Wells Fargo Dow Jones Target 2060 Fund.
If you were a participant or if you know someone who was a participant in any of the above-mentioned plans you may be eligible to receive compensation through a class action lawsuit. Please contact Stephen J. Fearon, Jr. by e-mail at stephen@sfclasslaw.com or by phone at (212) 421-6492. You can also complete the following form, and someone from the firm will contact you.
ZOOM VIDEO COMMUNICATIONS, INC. INVESTIGATION
Squitieri & Fearon, LLP is investigating claims that the directors and executive officers of Zoom Video Communications, Inc., knew but failed, throughout 2019 and early 2020, to disclose material information about security deficiencies in its systems and protocols until March and April 2020. When such information was revealed, Zoom’s stock price declined over $29.00 in one day. Even as shareholders were paying inflated prices for Zoom stock, its officers and directors were selling over 170 million dollars of Zoom stock before the truth about Zoom’s systems was revealed.
Squitieri & Fearon is investigating whether Zoom’s officers and directors who sold over 170 million dollars of Zoom stock breached their fiduciary duties to Zoom and whether those directors and officers should repay to Zoom such insider trading profits.
Squitieri & Fearon, LLP is investigating claims to hold the directors and officers accountable for their conduct and dereliction of duties and harm to Zoom.
If you suffered losses on your investments you may be eligible to receive compensation through a class action lawsuit. Please contact Stephen J. Fearon, Jr. by e-mail at stephen@sfclasslaw.com or by phone at (212) 421-6492. You can also complete the following form and someone from the firm will contact you.
If you have suffered loss from an action not described above, please click here to Report Your Case.