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.
The United States Eastern District of Michigan court has dismissed the class action lawsuit against the marketing services companies. Apparently, the plaintiffs voluntarily dismissed their case without compensation. (Mar-14-05) [YAHOO]...
Owens Corning. A Toledo Judge has dismissed a case pending class action approval against the company for securities fraud. The lawsuit claimed the company and its executives mislead investors about their financial situation before its bankruptcy...
The United States District Court for the Northern District of California has approved a class action settlement for securities fraud. According to the settlement the software solutions company must insure 9,665,000 new common shares. (Mar-14-05)...
The car company has agreed to pay 1,200 employees $2 million for unpaid overtime. The class action lawsuit was filed in the US District Court of Florence and alleged the company should have paid employees for preparation time before work. The...
The class action lawsuit alleged the companies entered into an unlawful agreement with FMC Corp. regarding the microcrystalline cellulose market. A $25 million settlement will be awarded to plaintiffs who suffered financial damages. (Mar-10-05)...
BCI shareholders filed a securities class action against the company and parent corporation BCE Inc. The class was seeking $1 billion in compensation for purchasing public stock on December 3rd 2001. The Superior Court dismissed the case in 2004...
The US Court of Appeals has upheld an earlier ruling by the District Court that the antitrust class action will be dismissed. In 1999, the class claimed the company wrongfully commercialized biotechnology seed products to US farmers. (Mar-07-05)...
The class action settlement granted to customers in 2002 has recently been reversed. The class claimed they were being charged for a Universal Service Fund and were bound from arbitration to prevent liability. The case against AT&T was dismissed...
The international telemarketing firm headquartered in Pennsylvania that has operated telemarketing call centers in Martinsburg, Falling Waters, Westover, and Parkersburg West Virginia since the early 1990s, has agreed to pay $14.75 million dollars...
The New York based banking giant has settled a class action lawsuit to avoid the uncertainty of further litigation. The company was charged with a conflict of interest and artificially inflating reports. The $75 million settlement will compensate...
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