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  • Goldman Sachs Reaches Settlement in $698M Mortgage-Backed Securities Lawsuit
    New York, NY: A preliminary securities class action settlement has been agreed between Goldman Sachs Group Inc, (GS) and investors in a GS $698 million mortgage- backed securities offering. The Public Employees' Retirement System of Mississippi filed the securities class action against GS in 2009, alleging New Century Financial Corp, which orig...
  • Class Action Settlement Monies to Feed Hungry Kids
    Reno, NV: The $25 million settlement of a nationwide class action brought against vitamin companies that allegedly cheated customers through illegal price fixing, will be used to help fund food banks and feed hungy elementary school children in Nevada, according to state officials. Nevada was one of 22 states to join a suit filed in November 2009...
  • $1.25 M Settlement Approved for Outback Steakhouse Servers
    St. Paul, MN: On August 30, 2011, the United States District Court for the District of Minnesota granted final approval of a $1.25 million settlement between OS Restaurant Services, Inc. and the approximately 1,200 servers who have worked at Outback Steakhouse restaurants in Minnesota. The settlement resolves the employment class action filed aga...
  • Preliminary $1M Settlement Reached in Bell Canada Late Fees Class Action
    Ottawa, ON: An out-of-court settlement has been concluded in the class action filed on behalf of Bell Canada and Bell Mobility's Ontario clients who may have paid late payment charges on payments made before the payment deadline provided on their bill. This settlement affects Ontario Bell Canada clients who paid their bill through their financial ins...
  • 3M Agrees $3M Settlement in Age Discrimination Class Action
    New York, NY: Some 290 former employees of 3M, who filed an age discrimination lawsuit against the company, look set to receive a $3 million settlement. The agreement, which is a consent decree, still requires judicial approval, the Equal Employment Opportunity Commission (EEOC) said. As part of the settlement, the company has also agreed to set u...
  • Component Hardware Reaches Class Action Settlement
    Lakewood, NJ: Component Hardware Group, Inc. ("CHG") has reached a settlement with plaintiffs in the antitrust class action titled In re Food Service Equipment Hardware Antitrust Litigation. This litigation arises out of allegations that certain manufacturers and/or distributors of food service equipment products engaged in anticompetitive behavior fro...
  • $10 Million Settlement Proposed in Auto Parts Network Class Action
    Pursuant to an Order of the United States District Court for the Central District of California, a hearing will be held for the purpose of determining: (1) whether the proposed settlement of the claims in the Litigation for the sum of $10,000,000 in cash should be approved by the Court as fair, reasonable, and adequate; (2) whether, after the hearing, this L...
  • Skilled HealthCare Settles Class Action for $50 Million
    Foothill Ranch, CA: Skilled Healthcare Group, Inc has announced that it has reached agreement to settle the case entitled VINNIE LAVENDER, by and through her Conservator, WANDA BAKER; WALTER SIMON; JACQUELYN VILCHINSKY vs. SKILLED HEALTHCARE GROUP, INC., et al (and 22 individually-named California nursing facilitiers receiving administrative services...
  • Cbeyond Reaches Prelminary Settlement of $2.3 Million
    Cbeyond, Inc. (NASDAQ: CBEY) announced today that the parties have filed papers seeking preliminary approval of the settlement of the previously disclosed securities class action lawsuit filed in the United States District Court for the Northern District of Georgia. Although defendants continue to deny plaintiffs' allegations, the Company believes...
  • Zurich Price-Fixing Class Action Settled for $150 Million
    A $150 million settlement has been approved in the class action against Zurich Financial Services and insurance broker Arthur J. Gallagher & Co. The suit alleged that the defendants engaged in price fixing between 1994 and 2005. Estimates suggest that there may be 3.79 potential class members who qualify as beneficiaries of the settlement. Under the...
  • Mobile Content Class Action Settlement Announced
    Chicago, IL: A group of mobile content providers, including Flycell, Inc., Glomobi, Mobilefunster, Inc., Thumbplay, Inc., WebAMG Holdings, as well as the marketing affiliate Glispa, LLC, and the aggregator Motricity, Inc., have agreed to settle a number of class action lawsuits against them, involving claims that these companies charged wireless subscriber...
  • Preliminary Approval Given for $25M Settlement against Tenet Healthcare
    New Orleans, LA: Preliminary approval of a $25 million settlement of a class action lawsuit against Tenet Healthcare Corp and subsiaries has been granted by Orleans Parish Chief Judge Rosemary Ledet. The lawsuit was filed following and as a result of Hurricane Katrina in which Tenet's Memorial Medical Center in New Orleans was flooded, and dozens of...
  • LivingSocial Settles Gift Certificate Class Action for $4.1M
    New York, NY: A judge has ordered the online deal site LivingSocial to pay $4.1 million to settle a consumer fraud class action lawsuit filed against it. Some 11 million customers may be affected by the settlement. The lawsuit alleges that the Vouchers used to redeem Deals are "gift certificates"and that expiration dates and other conditions appl...
  • $7M Settlement In Exxon Mobil Environmental Class Action Lawsuit Receives Final Approval
    Providence, RI: Providence Superior Court Judge Judith Savage has approved a $7 million settlement of an environmental class action lawsuit brought by the citizens of the Town of Pascoag, Rhode Island and the Rhode Island Water District against Exxon Mobil Corporation as a result of the contamination of their well water supply by MTBE in 2001. Accordin...
  • $1 Million Preliminary Settlement Reached in ValueClick Class Action
    ValueClick and its subsidiaries Commission Junction and Be Free have reached a preliminary settlement in the class action they are facing, that alleges that the online advertiser did little to no monitoring of its own network in order to ensure that its codes of conduct were adhered to. As part of the settlement, ValueClick has agreed to pay $1 million...
  • $105 Million Settlement Reached in Atrazine Weed Killer Water Contamination Class Action
    New York, NY: A $105 million settlement has been reachd in an environmental class action lawsuit against Syngenta AG. The lawsuit, brought by several water companies based in the Midwest, alleged Syngenta's weed killer atrazine had contaminated water supplies, and sought payment for the expense of filtering it from the water. Syngenta is a...
  • Lowe's Settles Defective Drywall Suit with $6.5M in Gift Cards
    Washington, DC: Lowe's, the home improvement retailer, has agreed to a tentative settlement in the class action suit over alleged defective drywall. Under the terms of the settlement Lowe's has agreed to give out $6.5 million in gift cards and pay up to $2.2 million in attorney fees, according to the Wall Street Journal . Plaintiffs claim similar di...
  • Preliminary Settlement Reached in Hazardous Waste Suit
    Residents who evacuated their homes 3 years ago following an explosion at a hazardous waste plant in Apex, NC, have reached a preliminary settlement with the owners of the EQ Plant. The amount of the settlement is $7.85 million, which could cover the 17,000 evacuees. The settlement terms reportedly include a payment of $750 to each household forced...
  • Unethical Business, Zimmer Holdings Inc. pays $169.5 million settlement for its financial relationships with consulting orthopedic surgeons
    Newark, NJ: (Sep-27-07) The US Justice Department brought charges against Zimmer Holdings Inc., following the US Attorney's Office in New Jersey's investigation into the company's financial relationships with consulting orthopedic surgeons. As part of a settlement reached, the Warsaw, Ind., health products and services company agreed to pay a civil settlem...
  • Debt Relief of America, Fidelity Debt Consultants, Freedom Group and New Horizons Debt Relief
    Charleston, WV: (May-16-07) The West Virginia Attorney General Darrell McGraw's office filed charges against four companies that offer debt settlement services, Debt Relief of America, Fidelity Debt Consultants, Freedom Group and New Horizons Debt Relief, alleging that they were not properly licensed as credit service organizations. Debt settlement is a...
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