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.
An out of court settlement has been reached with the last defendent in the Crocus Investment Fund class action lawsuit. This will enable funds to begin to be released to investors. The receiver, Deloitte Touche, will have approximately $73 million...
Bristol-Myers Squibb Co. has settled with the State of California for $23 million, in a settlement against charges of presciption drug pricing fraud. This is a large recovery for the state. There are approximately 15 companies with settlements...
Pharmaceutical manufacturer, Bristol-Myers Squib Co. has announced it will pay $403 million in settlements of lawsuits brought against it by 44 states regarding prescription drug pricing fraud through state-run Medicaid programs. BMS was accused...
The Ontario Superior Court of Justice has approve a $40 million settlement in the Atlas cold Storage Income Trust class action that accused the defendant of misrepresenting financial statements. Atlas Cold Storage in the News $40M...
Qiao Xing Universal Telephone has settled a class action lawsuit for $ 2.4 million. The company's directors and officers insurance carrier will contribute $300 thousand towards the settlement. The company states that the loss has no material impact...
Without admitting any wrongdoing, Verizon has agreed to pay $21 million to settle a class action claiming excessive termination fees. FCC chairman Kevin Martin believes that the fees are not being used to recover real costs, but are being used to...
Hopkins County and Bullitt County have agreed to settle strip search class action lawsuits for $3 million and $800,000 respectively. More than 1,000 people who were booked into jail on minor offenses such as theft and driving under the influence...
A pool of $14 million will be shared by 34 charitable organizations in Ohio. The organizations are benefiting from a legal doctrine called "cy pres" which allows for the distribution of unclaimed awards in class action lawsuits. Attorney Patrick...
Price-Fixing Among Airlines Cost Them $504 Million Jointly owned Air France and KLM Royal Dutch Airlines, together with Cathay Pacific Airways Ltd., Martinair Holland and SAS Cargo Group, have been named in a $504 million settlement for price...
Parmalat SpA, is awaiting a decision that would have them pay $10.5 million to settle a securities fraud class action lawsuit. The company collapsed into bankruptcy in 2003, and though it reported earnings every year, it had actually never earned a...