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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.

  • PricewaterhouseCoopers Safety-Kleen Settlement
    PricewaterhouseCoopers Safety-Kleen Settlement
    March 20 2005

    PricewaterhouseCoopers Former Safety-Kleen officials and advisers formed a class action alleging the international accounting firm knew or should have known about improper accounting at Safety-Kleen. PricewaterhouseCoopers has agreed to pay $19...

  • J.P. Morgan Chase & Co. WorldCom securities Settlement
    J.P. Morgan Chase & Co. WorldCom securities Settlement
    March 20 2005

    WorldCom shareholders have won again. Plaintiffs in the class action lawsuit alleged the company's advisers and directors should have discovered the company's $11 billion accounting fraud and disclosed it to investors. The company has agreed to...

  • CanAmera Building Services Ltd. unpaid overtime Settlement
    CanAmera Building Services Ltd. unpaid overtime Settlement
    March 20 2005

    The company employs workers to clean upscale chain restaurants in New York, such as Outback Steakhouse and Chili's. Some employees filed a class action lawsuit against their employer alleging unpaid overtime and abusive payroll practices. The...

  • Camden Property Trust and Summit Properties Inc. merger Settlement
    Camden Property Trust and Summit Properties Inc. merger Settlement
    March 18 2005

    The class action claimed the companies breached fiduciary duties with their merger last month. Shareholders formed a class action lawsuit and will be awarded $383,000 in the securities settlements. (Mar-18-05) [CHARLOTTE BUSINESS JOURNAL]...

  • Organon USA Inc. and Akzo Nobel N.V. antitrust Settlement
    Organon USA Inc. and Akzo Nobel N.V. antitrust Settlement
    March 18 2005

    A class action lawsuit has been settled against the drug companies for improperly monopolizing the US market. The class claimed the companies prevented them from access to low-cost, generic equivalents of Remeron. The antitrust settlement will...

  • Waste Management Inc. $457 million securities Settlement
    Waste Management Inc. $457 million securities Settlement
    March 17 2005

    Waste Management Inc. has settled a class action lawsuit for $457 million. The company, based out of Houston, had the suit brought upon them in response to alleged federal securities violations. The lawsuit stems from problems from a merger...

  • Radiate Spyware Settlement
    Radiate Spyware Settlement
    March 16 2005

    Radiate, a California based ad-banner developer, has agreed to a settlement in regards to a class action suit. The suit stems from allegations that Radiate software developed and downloaded between March 1996 and March 2001 contained potentially...

  • WorldCom Investment Banks $428.4 million Settlement
    WorldCom Investment Banks $428.4 million Settlement
    March 16 2005

    Four investment banks connected to WorldCom Inc. have settled with the class action suit stemming from the company's collapse in 2002. The four banks, ABN AMRO, Mitsubishi Securities International PLC, BNP Paribas Security Corp. and Mizuho...

  • Carnett's Car Wash Class Action Denied
    Carnett's Car Wash Class Action Denied
    March 15 2005

    The Atlanta based car washing company hired another company to send advertising faxes. One woman who is on the Consumer Protection list received one of these faxes in April 2002. She was seeking class action status and claimed the company violated...

  • American Pharmaceutical Partners Inc. securities class action denied
    American Pharmaceutical Partners Inc. securities class action denied
    March 15 2005

    American Pharmaceutical Partners Inc. A securities class action lawsuit brought against the company has been dropped. The plaintiffs originally sought compensation for false and misleading information regarding financial statements about Abraxane...

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