Uber and Lyft must make drivers employees because California law has ‘overwhelming’ edge, judge says

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A California judge ruled Monday that Uber Technologies Inc. and Lyft Inc. must classify their drivers as employees due to a new state law, a decision that threatens the business models of the ride-hailing giants and other gig-economy companies.

California Attorney General Xavier Becerra and the city attorneys of San Francisco, Los Angeles and San Diego sued the companies earlier this year, asking a judge for a mandatory injunction ordering the companies to comply immediately with a new state law over worker classification, which became effective Jan. 1. Uber
UBER,
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is challenging the constitutionality of the law, known as

Kaskela Law LLC Announces Investigation of FirstEnergy Corp. (FE) and Encourages Long-Term FE Stockholders to Contact the Firm

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PHILADELPHIA, Aug. 10, 2020 /PRNewswire/ — Kaskela Law LLC announces that it is investigating FirstEnergy Corp. (“FirstEnergy”) (NYSE: FE) on behalf of the company’s stockholders.  The investigation seeks to determine whether the members of FirstEnergy’s board of directors breached their fiduciary duties to FirstEnergy and its stockholders. 

Current FirstEnergy stockholders who purchased or acquired shares of the company’s stock prior to February 21, 2017 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585, or online at http://kaskelalaw.com/case/firstenergy-corp/, to discuss this investigation and their legal rights and options with respect to

LAWSUITS FILED AGAINST CODX, FE and UCO – JAKUBOWITZ LAW PURSUES SHAREHOLDERS CLAIMS

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The MarketWatch News Department was not involved in the creation of this content.

August 10, 2020 (ACCESSWIRE via COMTEX) —
NEW YORK, NY / ACCESSWIRE / August 10, 2020 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. For more details and to speak

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of IDEX, GEO and FE

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The MarketWatch News Department was not involved in the creation of this content.

August 10, 2020 (ACCESSWIRE via COMTEX) —
NEW YORK, NY / ACCESSWIRE / August 10, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit. If you suffered a loss, you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff.

Ideanomics, Inc. (NASDAQ:IDEX)Class Period: March 20, 2020 – June 25, 2020Lead Plaintiff Deadline: August 27, 2020

The IDEX lawsuit