Just For Men Investigation

Squitieri & Fearon, LLP is investigating claims against Just for Men hair dye maker Combe, Inc.

A class action lawsuit was filed on January 25, 2017 accusing Just for Men hair dye maker Combe, Inc., and other Combe companies, of deceptive advertising.  The complaint alleges that Just for Men brand hair dye does not properly warn consumers about its ingredients and the potential side effects of those ingredients, such as chemical burns and severe allergic reactions.

The complaint alleges that “Even if used as directed, [the Just for Men] Defendants failed to adequately warn against the negative effects and risks associated with this product,” such as “burns, scarring, allergic reactions, anaphylactic shock, skin depigmentation, and other severe injuries” associated with prolonged use.

The lawsuit points to the chemical ingredient p-Phenylenediamine (PPD) as especially harmful and states that the U.S. Environmental Protection Agency has linked PPD to “severe dermatitis,” “renal failure,” “vitiligo” (which is loss of skin pigment), and even “convulsions and comas.” The complaint further claims PPD is also considered a “strong sensitizer” by the Consumer Product Safety Commission and was once named “allergen of the year” by the American Contact Dermatitis Society and that “Defendants knew or should have known that more than 5% of the population will have an adverse reaction to PPD, yet, Defendants concealed and withheld this information from the public,” the Just for Men class action asserts.  The class action lawsuit goes on to state that the risk of adverse reaction to PPD is higher for African Americans, up to 10% or 21% based on different studies.

If you or someone you know purchased Just for Men hair dye and suffered chemical burns and/or a severe allergic reaction, 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.

 


Just For Men

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.

Phoenix Life Insurance Company increasing cost-of-insurance rates on life insurance policies

Squitieri & Fearon, LLP is investigating possible claims for a class action against Phoenix Life Insurance Company for increasing the cost of insurance on Accumulator (I, II, III, and IV) and Estate Legacy Universal Life policies. Recently Phoenix Life Insurance Company (or PHL Variable Insurance Company) sent letters to certain customers who have universal life policies explaining that Phoenix would increase the cost of insurance “certain anticipated experience factors are now less favorable than we anticipated when we established the cost of insurance rate schedule.”  Phoenix indicated that it would impose a flat “overall increase to cost of insurance rates, as well as progressive increases…beginning when an insured reaches age 71 through age 85.”  Policy cost increases will take place on the next anniversary date after November 2017 but .

On policies for insureds older than 85, Phoenix would implement the full increase immediately.

Some Accumulator products will not feel the effect of the increase until after December 31, 2020.  Those policies were part of the Phoenix lawsuit that was settled in 2015. In that case, Phoenix raised the cost of insurance on Accumulator policies issued between 2004 and 2008, with face amounts of $1,000,000 or more, and issue ages equal to or above 65 or 68, depending on the policy. The plaintiffs alleged that the increase, which took place in 2010 and 2011, “did not apply uniformly to a class of insureds, discriminated unfairly between insureds of the same class, and were improperly designed to recoup past losses”

If you or someone you know has a policy with Phoenix Life Insurance Company, and would like to learn more about our investigation, please fill out our online form, or contact Stephen Fearon at  stephen@sfclasslaw.com or by phone at (212) 421-6492.


Phoenix Life Insurance Company increasing cost-of-insurance rates on life insurance policies

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.

Babcock & Wilcox Investigation

Squitieri & Fearon, LLP is investigating  fiduciary breaches by the Directors of Babcock & Wilcox (“BW”).

BW is a New York Stock Exchange traded company which plunged almost 80% in price during 2017.

During 2017, BW Directors approved the repurchase of approximately 4.4 million shares of BW stock from a large activist shareholder at a price of approximately $10.50 per share one day before the BW stock price plunged to $2.70 upon the announcement on August 9, 2017 of the results of another disastrous quarter (ended June 30, 2017). The purported justification for the stock repurchase that cost BW approximately $50 million was the extension to BW by the parent of the activist investor of an approximately $130 million loan at an interest rate of 10% payable on or before 2020.  However BW’s repurchase of shares from the activist investor came only three months after the activist shareholder had filed a form with the SEC indicating that the activist may seek, among other things, a change in the directors and/or  management of BW.

We are investigating claims that BW directors breached their fiduciary duties to BW by allowing company funds and debt to be used to repurchase stock at artificially high prices when both the activist shareholder and BW directors knew that the BW stock was poised to plummet upon announcement of the weak second quarter results.

If you or someone you know has been an investor in BW stock and still currently owns BW stock, and would like to learn more about our investigation, please fill out our online form, or contact lee@sfclasslaw.com or by phone at (212) 421-6492.

 


Babcock & Wilcox Investigation

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.

Wells Fargo Car Insurance Investigation

Squitieri & Fearon, LLP is investigating claims that hundreds of thousands of people who obtained car loans from Wells Fargo were charged for auto insurance that they did not need. The insurance was written by National General Insurance and was more expensive than insurance that customers had obtained on their own. Often Wells Fargo did not notify the borrowers before placing the insurance. As result, Wells Fargo took larger payments from customers’ accounts, often causing those accounts to be overdrawn and frequently leading to borrowers defaulting on their loans and sometimes having their car repossessed. For a period of time, Wells Fargo may have been splitting the additional insurance premiums with the insurance carrier.

If you or somebody you know has been charged by Wells Fargo or National General Insurance for this type of auto insurance, we would like to hear from you.


Wells Fargo Car Insurance Investigation

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.

NYC Teachers’ Pension Investigation

Squitieri & Fearon, LLP is pursuing claims for New York City teachers who have been shortchanged on their pension payments. In particular, the firm is representing teachers who retired but were not credited with their payments in July and August that they earned while teaching during the regular school year.  Teachers earned those payments by teaching during the school year but when  the Retirement Board calculates pensions for retiring teachers  it excludes from the teachers’ “Final Average Salary” the payments that were due in July and August, leading to teachers receiving too little in retirement benefits.

The law firm is investigating claims on behalf of teachers who are receiving retirement benefits that are less than the amount to which they are entitled.

If you retired from the New York City school system, are receiving a pension, and are interested in finding out more about the class action or whether you have a claim for increased retirement benefits, please fill out our online form or contact us by email at stephen@sfclasslaw.com or by phone at (212) 421-6492.

To view a copy of the complaint click HERE

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NYC Teachers' Pension Investigation

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.

1-800 Contacts Investigation

Squitieri & Fearon, LLP Investigates Claims For People Who Bought Contact Lenses From 1-800-Contacts and Paid Too Much As A Result Of Secret Agreements By The Company

Squitieri & Fearon is investigating claims for people who bought contact lenses from 1-800-Contacts and may have paid too much as a result of secret agreements that the company had with some its rivals.  Those agreements may have resulted in consumers paying increased prices even if the consumers did not realize it.

The law firm is investigating claims on behalf of consumers from across the country who purchased the contact lenses by telephone or on-line through 1-800-Contacts for personal use any time after September 2012.

If you bought contact lenses from 1-800-Contacts and are interested in finding out more about the class action claims,please fill out our online form, or contact stephen@sfclasslaw.com or by phone at (212) 421-6492.

 


1-800 Contacts

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.

Navient Corporation and Navient Solutions Investigation

Squitieri & Fearon, LLP is investigating a Potential Class Action Lawsuit Against Navient Corporation and Navient Solutions, Inc. (“Navient”) on behalf of student loan borrowers.

Navient is one of a select group of companies chosen to service student and parent federal loans for the U.S. Department of Education.  Navient also services a large portfolio of private student loans.  Navient is currently the largest student loan servicer in the United States, servicing the loans of more than 12 million borrowers.  Following a corporate reorganization in 2014, Navient was the successor to Sallie Mae Corporation and Navient, LLC.  Navient continued to service the existing loans in the Sallie Mae portfolio while servicing new loans via contracts with the U.S. Department of Education.

We are investigating claims that Navient intentionally engaged in unfair, deceptive and unlawful practices such as creating a system to apply student loan debtors’ partial pre-payments against future interest payments and purported fees rather than reducing a loan’s outstanding principal balance.  As a result of this practice, student loan debtor’s unpaid principal balance increased over time resulting in the student loan debtors paying more in interest over the life of the loan, thereby generating larger revenues and profits for Navient.

If you or someone you know has a student loan serviced by Navient, fits the above criteria, and would like to learn more about our investigation, please fill out our online form, or contact stephen@sfclasslaw.com or by phone at (212) 421-6492.

 


Navient Corporation and Navient Solutions Investigation

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.

T Rowe Price 401(k) Plan Fees Investigation

Squitieri & Fearon, LLP is currently investigating claims on behalf of participants in the T. Rowe Price U.S. Retirement Program who invested in T. Rowe Price -related funds. Those T. Rowe Price funds charged fees and expenses that often were excessive and directly benefitted T. Rowe Price and the other fiduciaries of the Plan.  Often the T. Rowe Price-related investments performed much worse than cheaper, alternative investments.  The T. Rowe Price-related funds were more expensive than comparable funds and often performed worse than the comparable funds, meaning that participants in the T. Rowe Price 401(k) plan were paying higher fees for lower performance.  Over time, these higher fees significantly decreased the retirement assets available to the participants in the T. Rowe Price 401k plan.  As a result, participants in the 401k plan who invested in the T. Rowe Price funds lost millions of dollars in retirement assets that instead went directly to T. Rowe Price and some of the T. Rowe Price -related entities.

Some of the funds with these higher fees included:

T. Rowe Price Associates, Inc. and

T. Rowe Price Trust Company.

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.

 


T Rowe Price 401(k) Plan Fees Investigation

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.

Wells Fargo 401(k) Fees for Target date Funds Investigation

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.

 


Wells Fargo 401(k) Fees for Target date Funds Investigation

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.

Charles Schwab Corp 401(k) Plan Fees Investigation

Squitieri & Fearon, LLP is currently investigating claims on behalf of participants in the Charles Schwab Retirement Savings and Investment Plan who invested in Schwab-related funds. Those Schwab funds charged fees and expenses that often were excessive and directly benefitted Schwab and the other fiduciaries of the Plan. Often the Schwab-related investments performed much worse than cheaper, alternative investments. The Schwab-related funds were more expensive than comparable funds and often performed worse than the comparable funds, meaning that participants in the Schwab 401(k) plan were paying higher fees for lower performance. Over time, these higher fees significantly decreased the retirement assets available to the participants in the Schwab 401k plan. As a result, participants in the 401k plan who invested in the Schwab funds lost millions of dollars in retirement assets that instead went directly to Schwab and some of the Schwab-related entities.

Some of the funds with these higher fees included:

the Schwab Managed Retirement Trust Funds

the Schwab S&P 500 index Fund

the Schwab Stable Value Fund

the Schwab Value Advantage fund

the Schwab Self-Directed Brokerage System.

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.

 


Charles Schwab Corp 401(k) Plan Fees Investigation

    Any information that you submit will be maintained as confidential. If Squitieri & Fearon, LLP, in its sole discretion, believes that you might be an appropriate lead plaintiff candidate, Squitieri & Fearon, LLP will contact you to discuss the matter and whether to establish an attorney client relationship.