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Class Action Settlements

Class Action Settlements

Class action lawsuits that have settled or have proposed settlements. If a class action lawsuit settles, the court will hold fairness hearings to ensure the terms of the settlement are fair to all class members. There are usually two fairness hearings—the first is the "Preliminary Approval" hearing. After that hearing, a Notice of Proposed Settlement is sent out to class members. A Final Fairness Hearing follows at which class members can voice their opinions about the settlement. After that, a deadline is set for class members to submit claims. Lawyers click here to submit your settlements and verdicts to have them published for free.

  • Administaff, Inc. Securities Fraud Class Action Dismissed
    Administaff, Inc. Securities Fraud Class Action Dismissed
    April 1 2006

    Shareholders tried to file a series of class action lawsuits against the company and certain officers and directors for securities fraud. The cases were filed on behalf of purchasers of the company's common stock. The U.S. District Court for the...

  • Terayon Communication Systems Inc. Securities Fraud Class Action Settlement
    Terayon Communication Systems Inc. Securities Fraud Class Action Settlement
    March 24 2006

    In April 2000, shareholders filed a class action lawsuit against the broadband services provider in the U.S. District Court, Northern District of California, for allegedly making false and misleading statements in violation of securities laws...

  • Goodyear Tire & Rubber Company Securities Fraud Class Action Dismissed
    Goodyear Tire & Rubber Company Securities Fraud Class Action Dismissed
    March 23 2006

    Shareholders tried to file a class action lawsuit against the tire manufacturer and certain of its current and former officers alleging securities fraud. A United States District Court Judge ordered a dismissal of the class noting the plaintiffs...

  • Fruit of the Loom Inc. Securities Fraud Class Action Settlement
    Fruit of the Loom Inc. Securities Fraud Class Action Settlement
    March 22 2006

    Two class action lawsuits were filed against the clothing company claiming the former top officeholders lied to analysts to boost company stock, causing purchases to be made at inflated prices. People and pension plan agencies that purchased...

  • Bayer AG Baycol Recall Class Action Settlement
    Bayer AG Baycol Recall Class Action Settlement
    March 21 2006

    A class action lawsuit was filed against the German drug maker on behalf of unions, employers and health plans for money spent on the recalled cholesterol drug Baycol. Bayer recalled Baycol in 2001 after it was allegedly linked to more than 100...

  • Zurich American Insurance Company Price Fixing Class Action Settlement
    Zurich American Insurance Company Price Fixing Class Action Settlement
    March 21 2006

    Nine states throughout the US filed charges against the company regarding allegations of commercial insurance price fixing and bid rigging. Zurich and other firms worked with Marsh & McLennan to devise an anticompetitive scheme to artificially...

  • Lattice Semiconductor Corporation Securities Fraud Class Action Settlement
    Lattice Semiconductor Corporation Securities Fraud Class Action Settlement
    March 16 2006

    Shareholders filed a class action lawsuit against the company and certain of its current and former executive officers alleging securities fraud. The suit was filed on behalf of shareholders who purchased, converted, exchanged or otherwise...

  • Pomeroy IT Solutions Mismanagement Class Action Dismissed
    Pomeroy IT Solutions Mismanagement Class Action Dismissed
    March 16 2006

    A lawsuit was filed and was seeking class action status against the computer software and services company alleging mismanagement, fraud, negligence and misrepresentation. The lead plaintiff dismissed the case, was not paid any money to dismiss...

  • WFI Securities Fraud Class Action Dismissed
    WFI Securities Fraud Class Action Dismissed
    March 15 2006

    Shareholders tried to file a securities fraud class action against the wireless communication network and security systems company. The class included all those who purchased shares between May 5, 2003 and August 4, 2004. The United States...

  • DirectRevenue Internet Marketing Class Action Settlement
    DirectRevenue Internet Marketing Class Action Settlement
    March 15 2006

    A class action lawsuit was filed against the spyware company alleging deceptive business practices by installing irremovable software. Under the terms of the class action settlement, DirectRevenue will not install its software on computers without...

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