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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.

  • Settlements and Verdicts: Halliburton Co.
    Settlements and Verdicts: Halliburton Co.
    June 12 2003

    A $6 million dollar settlement has been reached between Halliburton Co. and investors in regards to several shareholder class action lawsuits pending against the company. The suits alleged improper accounting practices at the firm during Vice...

  • Settlements and Verdicts: Donnell Douglas.
    Settlements and Verdicts: Donnell Douglas.
    June 12 2003

    A $36 million dollar settlement has been reached in the class action lawsuit filed against Boeing subsidiary Donnell Douglas on behalf of its Tulsa plant employees. The suit was filed by 1,074 employees who lost their pension and healthcare...

  • Settlements and Verdicts: Educators Mutual Life Insurance Company
    Settlements and Verdicts: Educators Mutual Life Insurance Company
    June 12 2003

    A $630,000 settlement has been granted preliminary approval in the class action lawsuit filed against Educators Mutual Life Insurance Company. The case was filed on behalf of approximately 3,000 policyholders who were challenging the company's...

  • Settlements and Verdicts: Bonzi Software.
    Settlements and Verdicts: Bonzi Software.
    June 12 2003

    A $170,000 settlement has been reached in the suit filed against Bonzi Software on behalf of millions of computer users. The suit was seeking class action status for the plaintiffs, who claimed that the company's ads fraudulently urged consumers...

  • Settlements and Verdicts: Commtouch Inc.
    Settlements and Verdicts: Commtouch Inc.
    June 12 2003

    A $15 million dollar settlement has been reached in the securities class action lawsuit filed against Commtouch Inc., a developer and provider of proprietary anti-spam solutions. The suit was filed in 2001 and alleged violations regarding...

  • Settlements and Verdicts: Casden Properties Inc.
    Settlements and Verdicts: Casden Properties Inc.
    June 12 2003

    An $83 million dollar verdict has been reached in the class action lawsuit filed against Casden Properties Inc. of Los Angeles, a unit of Denver-based REIT Apartment Investment & Management Co. The suit was filed in 1998 by investors who alleged...

  • Settlements and Verdicts: City of New York.
    Settlements and Verdicts: City of New York.
    June 12 2003

    A $5 million dollar settlement has been reached in the class action lawsuit filed against the City of New York and the Neponsit Health Care Cente on behalf of residents. The suit was filed on behalf of 278 residents who were evacuated from the...

  • Cytodyne Technologies.
    Cytodyne Technologies.
    June 12 2003

    A verdict has been found in the class action lawsuit filed against Cytodyne Technologies on behalf of consumers. The court has ordered the company to pay $12,536,820, the amount identified as "obtained by means of unlawful practice." The suit...

  • Settlements and Verdicts: Jennifer Convertibles.
    Settlements and Verdicts: Jennifer Convertibles.
    June 12 2003

    A settlement has been reached in the securities class action lawsuit filed against Jennifer Convertibles on behalf of shareholders who purchased common stock of the company from November 24, 1993 through December 2, 1994. A hearing will be held...

  • Settlements and Verdicts: Crayfish Co.
    Settlements and Verdicts: Crayfish Co.
    June 12 2003

    A $9 million dollar settlement has been reached in the class action lawsuit filed against Japanese email service provider Crayfish Co., as well as several other defendants. The suit was filed by US investors who claimed that the company did not...

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