Class Action News

Class Action Legal News articles include legal news and lawsuit information about lawsuits filed, settlements reached and verdicts rendered in class action cases dealing with personal injury, defective products, bad drugs and other consumer law related news issues. Many of these articles include interviews from top legal professionals with guidance on legal recourse options from losses resulting from bad drugs, medical malpractice, investment fraud, personal injury, defective products and negligent employers.

Lead Plaintiffs in Combined MF Global Lawsuit Out $19 Million: Report
February 24, 2012
New York, NY It's not just the small investor embroiled in an MF Global lawsuit. Larger players, such as the Province of Alberta in Canada, and the Virginia Retirement System (VRS), have been reportedly burned by alleged misdeeds that led to the collapse of MF Global Holdings Ltd.
Tyler Pipe History Includes Litany of Lawsuits
February 15, 2012
Tyler, TX To many Tyler Pipe workers, the company is the source of pipe nightmares that take the form of workplace violations including asbestos exposure and much, much more…
UK Clients Begin to Receive Payments After MF Global Lawsuit
February 15, 2012
London, England Payments have been made to some clients in the UK after the MF Global lawsuit, as the defunct brokerage firm is being unwound in the face of a legal spat with the US trustee of the company, The Wall Street Journal reported.
MF Global Clients Can Still Recover Money through Arbitration
February 8, 2012
Kansas City, MO A newly released trustee's report regarding the alleged MF Global securities fraud appears to dash hope of MF Global clients recovering their missing money, but Diane Nygaard (pictured), a securities and commodities attorney at Kenner Schmitt Nygaard, LLC, says clients can still recover their money through arbitration. Customer arbitrations, especially group arbitrations, are most likely to be successful in recovering customers' funds.
Lawsuits Filed Against Costa Concordia Cruise Liner
January 28, 2012
Miami, FL One day before divers found the 17th body in the wreckage of the Costa Concordia cruise liner, at Giglio island, Italy two US law firms and a consumer group filed a maritime class-action lawsuit in the US demanding at least $160,000 for each passenger.
Trustee Notes Company May Recover Funds after MF Global Stock Fraud
January 26, 2012
New York, NY Months after the news broke over the MF Global stock fraud case, the trustee overseeing the liquidation of the company's holdings brokerage is exploring ways to recover additional customer assets, Dow Jones reported.
Attorney: MF Global Clients Unlikely to Recover Money without Arbitration
January 23, 2012
Kansas City, MO Despite the efforts of the FBI, the Department of Justice attorneys and investigators from the SEC, CFTC and NFA, the $1.2 billion of customers' funds missing from MF Global securities have not been found. Recent reports indicate the funds have likely gone abroad, possibly indicating MF Global securities law violations. According to Diane Nygaard, a securities and commodities attorney at Kenner Schmitt Nygaard, LLC, customers of the MF Global securities firm have only three avenues to try to recover the 28 percent of their money that they have not yet received.
29 Missing, 6 Dead in Costa Concordia Cruise Ship Accident
January 17, 2012
Giglio, Italy Twenty-five passengers and four crew on board the wrecked cruise ship Costa Concordia are still missing according to the Italian Coast Guard, and at least 6 people have died in the maritime accident.
UK MF Global Clients Get Money Back
January 9, 2012
New York, NY Clients of MF Global may have let out a celebratory cheer when they read about the $1.2 billion being returned to the company's clients. Unfortunately, that money is going to MF Global securities clients in Europe, not those in the United States. That means that victims of alleged MF Global securities fraud will likely still have to file an arbitration to recover their missing money, according to Diane Nygaard, a securities and commodities attorney at Kenner Schmitt Nygaard, LLC.
Attorney: MF Global Clients Can File Arbitration to Obtain Lost Money
December 29, 2011
Kansas City, MO Clients who were affected by the MF Global bankruptcy and have had their funds frozen may be eligible to file an arbitration against the company to recover lost money. Diane Nygaard, a securities and commodities attorney at Kenner Schmitt Nygaard, LLC, says among those affected by the MF Global transactions are farmers, who were hedging their crops. They, and others who invested with MF Global, may have to file an arbitration if they hope to see their money again. In fact, an arbitration might be their best hope of seeing their money.
FDA Issues Warning on Boston Scientific Heart Stents
November 20, 2011
Washington, DC A newer class of heart stents are under investigation by the FDA. According to US health regulators, these tiny tubular devices made of wire mesh may shrink or lengthen after implantation, which can potentially cause a serious problem.
Welder's Disease: Manganism Linked to Welders
October 18, 2011
Tacoma, WA Among health risks faced by people in various occupations, Welder's Disease is probably not among the most recognized. Many people, welders included, do not know that a link has been made in some studies between welding and Manganism, also called Welder's Disease. At least one welding injury lawsuit has been found in favor of the plaintiff, who alleges he suffered serious health effects after being exposed to welding fumes.
GM Failed to Deliver on Warranty, Says Suit
September 23, 2011
Bloomfield Hills, MI General Motors is under fire in a national class-action suit for allegedly failing to honor its so-called bumper-to-bumper warranty and replace defective spindle rods. A class-action suit filed against GM says defective spindle rods caused customers to replace the tires on the vehicles, and rendered potentially hundreds of thousands of 2007 and 2008 Chevy Impalas unsafe to drive.
Bextra and Stevens Johnson Syndrome—FAQ
August 30, 2011
Washington, DC An association between Bextra and Stevens Johnson Syndrome has been known for a number of years, and because of that, many lawsuits have been filed against Pfizer, the maker of Bextra.
Rice Farmers Receive Historic Compensation for GMO Contamination
August 26, 2011
Birmingham, ALBayer Cropscience has agreed to pay rice farmers from Arkansas, Louisiana and Mississippi a total of $750 million in an historic settlement after an experiment genetically modified type of rice escaped from one of its test fields and contaminated US crops.
SuperMedia Faces Overtime Class Action
July 26, 2011
Dallas, TX Many employees know their rights and are more likely than ever to take their employer to task under the Fair Labor Standards Act (FLSA). No surprise to Baron & Budd attorney, Allen Vaught, who is handling a "steady flow" of wage and hour disputes on behalf of aggrieved workers.
Gas Royalty Payback Equals $3.4 Million
July 12, 2011
New York, NY A group of landowners in the southwestern part of Virginia has settled a natural gas royalties lawsuit with Chesapeake Appalachia for $3.4 million—the first in a series of lawsuits filed against natural gas producers accused of similarly underpaying.
Bextra Link to Stevens-Johnson Syndrome a Serious Concern
July 11, 2011
Washington, DC While the medication was withdrawn from the US market in 2005, Bextra's link to serious side effects such as Stevens-Johnson Syndrome remains a serious issue for the thousands of patients across the country who took the drug.
FDA Issues Dosing Guidelines for ESA Medications
July 2, 2011
Washington, DC The US Food and Drug Administration (FDA) has issued new dosing guidelines for ESA (Erythropoiesis-Stimulating Agents) when the medications are used to treat anemia in patients who have chronic kidney disease. The new dosing guidelines come because FDA has information suggesting that Aranesp side effects and Procrit side effects, when used in patients with chronic kidney disease, could include an increased risk of cardiovascular events.
FDA Recommends Modified Dosing of ESAs
June 27, 2011
Washington, DC The U.S. Food and Drug Administration (FDA) is informing healthcare professionals of modified recommendations for more conservative dosing of Erythropoiesis-Stimulating Agents (ESAs) in patients with chronic kidney disease (CKD) to improve the safe use of these drugs.

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