We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Major European stock indexes traded with losses in the premarket on Thursday as the earnings season continued to heat up, with Deutsche Bank, BNP Paribas, Nestle, and Sanofi all reporting their quarterly results. In data, the traders will be looking at German consumer confidence.
The DAX slid 0.21% at 8:00 am CET. Concurrently, the Euro Stoxx 50 lost 0.19%, the CAC 40 declined 0.07%, and the FTSE 100 decreased 0.15%.
The euro added 0.11% against the dollar at 7:59 am CET, going for 1.07125. At the same time, the pound edged up 0.06% against the greenback, changing hands for 1.24726.
Baha Breaking News (BBN) / AY
Worth a watch and a recap.
Interested to see what they have delivered.
https://stream.buchanan.uk.com/broadcast/6504762150a62b392af14caa/66296fee6e6d84cc78715595
Market Outlook
Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside. Based on this pattern, in response to emerging market bearishness the system established new confirmation and stop loss levels. The signal tells us to STAY LONG, but the chance of a bearish confirmation that will change the signal to SHORT is very high. The Delayed Intraday Module is ON. Given the risks involved, we strongly suggest you to follow price movements on an intraday basis. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss.
Yes there was 20 million set aside, and it ended up getting settled in vouchers of a small amount per claim which would likely end up with people spending on top of the voucher value.....
Daytrade got it wrong yet again?
Can't he even regurgitate ancient news correctly?!
Wow trolls are getting desperate regurgitating ancient news.
From memory it has been settled in vouchers and has already been provisioned for.
Absolutely useless trolling
BrokeNSmoke
Posts: 330
Price: 33.62
No Opinion
"RE: Class action settlementToday 19:19
don't most retailers do this though. we have all bought in a sale, looked at the rrp and thought 'that's a load of *******s',"
I dare say there's a lady out there in "cornwall" thinking the same thing after getting married....
Wouldnt disagree Broke, trouble here is that Boo got their efforts called in and judged, after a long list of other indiscretions.
Little bit of misinformation needs correcting in this below....
"Daytradenovice
Posts: 11,904
Price: 33.62
No Opinion
Class action settlementToday 18:14
Few more quid disappearing from the coffers."
don't most retailers do this though. we have all bought in a sale, looked at the rrp and thought 'that's a load of *******s'
X
Skip to main content
Click to expand the Mega Menu
Sourcingjournal
HOME
TOPICS
BUSINESS
Boohoo Agrees to Final Settlement of Class-Action Suit Alleging Bogus Discounts
BY KATE NISHIMURA
Plus Icon
APRIL 24, 2024 11:00AM
Share this article on Linkedin
Share this article on Facebook
Share this article on Flipboard
Print this article
Boohoo has agreed to a final settlement of a class-action lawsuit brought by U.S. shoppers.
BOOHOO HAS AGREED TO A FINAL SETTLEMENT OF A CLASS-ACTION LAWSUIT BROUGHT BY U.S. SHOPPERS. JUSTIN TALLIS / GETTY IMAGES
Boohoo has reportedly reached a final settlement in a protracted class action lawsuit brought by American consumers who claim that the British fast fashion firm employed false and deceptive pricing practices to drive sales.
Plaintiffs Laura Habberfield, Keona Kalu, Katie Runnells, Juanita Carmet Cachadina, Sarah Huebner, Yesenia Valiente, Veronica Walton, Lisa Murphy, Nicole Hill and Nicole Stewart filed the class action complaint against Boohoo on June 22, 2022, alleging that the brand’s global e-commerce sites, along with owned entities like PrettyLittleThing and Nasty Gal, advertised “fake and inflated comparison reference prices to deceive customers into a false belief that the sale price is a deeply discounted bargain price.”
The suit said that shoppers who visit Boohoo’s site during one of its blowout 50-percent-off sales and purchase a dress “on sale” for $20 based on a crossed-out reference price of $40 are being bamboozled. “This is deception because that dress has rarely, if ever, been sold in the recent past on the site for $40,” the suit said. In other words, Boohoo’s sales “aren’t really sales at all,” it added—“They are a scam.”
According to the complaint, the defendants engaged in the “deceptive advertising and pricing scheme” in order to “lure unsuspecting customers into jumping at a fake ‘bargain.’” As a result, the plaintiffs argued they were swindled into shelling out on items they wouldn’t have otherwise purchased.
RELATED STORIES
Boohoo Group has expanded its partnership with Bloomreach to enable AI-powered search and personalization.
TOPICS
Byte-Sized AI: Boohoo Uses AI for Search; Best Buy x Google Cloud; Manufacturing Startup Secures Millions
In the lawsuit, former employees are accusing Yellow of failing to deliver a timely WARN notice ahead of the LTL’s bankruptcy and shutdown.
TOPICS
Ex-Yellow Employees Get Court Go-Ahead to Continue Class-Action Suit
Reuters reported this week that the fast-fashion e-tailer confirmed that the settlement—which was agreed upon in preliminary terms in November—was finalized last Tuesday. Boohoo said it would “move forward without admission of liability and within its existing legal provisions,” which amounted to 17.8 million pounds ($22.4 million) as of Feb. 28, the outlet said.
According to the final settlement agreement, each of the named plaintiffs
Ftse is no correlation of small and mid caps in the UK. It’s made up of international miners, finance and oil companies.
Ah so you do remember.
Sigh and an eyeroll, yes life wasting expert. I was the reason the entire Maritime Security Industry opted for cheaper labour. Being sarcastic. Nothing to do with the fact that from 2012 attacks fell of a cliff edge and bean counters worked out they could shave costs by not paying the high wages westerners demand. If you ever got out from behind your keyboard you might see that same tale in many industries.
Any way you comical clown. You dont need me to make you look a twat. The evening offers more that chatting you sweet heart.
Nothing to do
Few more quid disappearing from the coffers.
https://sourcingjournal.com/topics/business-news/boohoo-final-settlement-class-action-lawsuit-usa-nasty-gal-habberfield-506639/
Yawn yawn
No wonder you were replaced by philipinos for $50/day, as i recall you posting previously. In such a top paying prof as well, sounds almost unbelievable doesnt it.
so delusions of grandure are an inbuilt persona trait then, no wonder your in here, and stuck.
FTSE goes up, BOO doesn't move. FTSE goes down, BOO goes down ! Investors and shareholders loosing patience quickly and the lack of communication and 'Silence' from BOO over the pat few months is a masterclass on how not to do it ! Nice one BOO !
"As for Benjamin, he obviously is resentfull of having to go to work, considering his job was (we are told) protecting shipping from bandits, you'd think he'd be in demand current,y, but nope, must be at B&Q or something, maybe a Barissta,mhigh flyer or what. Spends all day on here sucking upto fellow rampers also underwater and venting his spleen in every post whilst dreaming on about recovering his cash here. Shame really, gutted for him lol."
life wasting expert.
Classic case of you seeing what you want to see to feel like a winner. When have I ever said or expressed that I dont like my job, I actually said the other day I love it and have been lucky enough to have enjoyied nearly all my jobs over the last 30 years. And no, I am not a barrista. I couldnt deal with the pretencious latte types. B and Q, nope but I wouldnt see it as beneath me. And last I checked they dont have days where they only do two hour shifts or have more time of than Clint Eastwoods safety catch off.
The Maritime I gave up in Oct 2014 after 3 years as planned. Its a life and industry you know nothing about. People change jobs all the time and I recall giving you the reasons why the industry tanked around 2014/2015. The subject only came up when there was a conversation that didnt revolve around you and was in reference to the Houthi attacks around the Bab El Mandeb. They would have to be paying me in excess of £150,000 a year and be able cast iron gaurantee 2 years of work with enough time at sea to for me to qualify for sea farers allowance. Its not as easy as you taking your head for a crap on here 20 times a day.
….
Uk small and mid caps stinking the place out thanks to Bailey and Pills comments yesterday regarding keeping rates higher for longer. No wonder companies are leaving the UK markets with this lot in charge at the BOE
Is this ever going to move?! So painful
Asc flying now Jeremy on the back of it ,or I have I missed something ?
"So daytrade has posted here more than twice as much as Buffaloben in the last thirty days, thirty days which may even include his temporary suspension.
Simply delusional"
Still a good dozen posts less than you though tradey, eh
Glass houses and all
All quiet here…
You two are so funny, have me laughing every day.
Not with you of course, rather the opposite.
Behaving Like a little pack of Chihuahua's yapping away down the local park.
so, whats todays excuse you are going to use again for this going backwards?
1. 'trolls'
2. market manipulation
3. both of the above
And thats just under that username.... Add them up to get the full picture of the lun