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  • Preliminary Class Action Settlement Reached in Lawsuit Against Tellabs
    New York, NY: To all persons who purchased the common stock of Tellabs, Inc. during the period from December 11, 2000 through June 19, 2001, inclusive (the "Class"). You are hereby notified, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the Court, that a settlement of the above-captioned certified securities class ac...
  • Goldfarb to pay $1.45 million settlement in subsidiary lawsuit.
    Toronto, CA: (May-13-08) A lawsuit was brought against the Goldfarb Corporation in connection with the US bankruptcy of Fleming Packaging Corp., a former subsidiary of Goldfarb. The April 2004 lawsuit sought $26 million in compensation. As part of a settlement agreement reached in the case, Goldfarb Corporation agreed to a $1.45 million payout to resolve...
  • Mesa Air Group to pay $52.5 million settlement in proprietary information lawsuit.
    Phoenix, AZ: (Apr-30-08) Hawaiian Airlines brought charges against rival Mesa Air Group Inc. over issues centering on its bankruptcy reorganization. Court papers indicate that in 2007, a US Bankruptcy Court ruled that Phoenix-based Mesa, who operates go! airlines, a carrier in competition with Hawaiian Airlines on inter-island flights in Hawaii, owed Haw...
  • Entergy to pay $1.2 million settlement in contract lawsuit.
    Monroe, LA: (Apr-30-08) The city of Monroe brought charges against Entergy Louisiana, alleging that the company defaulted on franchise fees in its operating agreement. City officials stated that they had reached a settlement with the company, in which Entergy agreed to pay the city over $1.2 million to resolve the dispute. Sources stated that the largest...
  • Settlement Reached with Local Supplier of Chinese Drywall
    New Orleans, LA: a settlement agreement has been reached between the Plaintiffs in the multi-district litigation (MDL 2047) and a local supplier of tainted Chinese drywall, Interior/Exterior Building Supply, L.P. and the company's two primary insurers. A class action settlement has been reached, which is still subject to court approval under th...
  • Bridgeport Diocese to pay $37.7 million settlement in assault lawsuit.
    Westport, CT: (Apr-23-08) Several sexual abuse claims were brought against the Bridgeport Diocese in Westport, naming five men who served as Roman Catholic priests. Court records reveal that the five named are Martin J. Federici, who served at Westport's Assumption Church from 1968 to 1970; Revs. Joseph Gorecki, who served at Assumption in 1974; Albert M...
  • Celera Announces Settlement with Putative Class Action Plaintiffs
    Alameda, CA: Celera Corporation has announced that Celera and other named defendants have entered into a memorandum of understanding (MOU) with plaintiffs' counsel in connection with the previously consolidated putative class action lawsuits filed in Delaware and California state court in connection with the proposed acquisition of Celera by Quest Diagnost...
  • Chicago Considers $16.5 Million Settlement in Class Action Against Police Force
    Chicago, IL: Chicago City Council has approved a potential $16.5 million settlement in a class action lawsuit brought against the city's police department by some 514,000 plaintiffs. Three different allegations are involved in the suit, affecting three separate groups of plaintiffs. One group involves 12,000 people arrested on suspicion of a felony wi...
  • Vector to pay $6.3 million settlement in employment lawsuit.
    Newfoundland, Canada: (Apr-14-08) Mark D. Dobbin, Paul J. Conway and S. Maxwell Parsons, former executive officers of Vector Aerospace Corporation, brought charges against the company, seeking termination payments and benefits under their employment arrangements. Vector is an independent provider of aviation repair and overhaul, who supplies services to...
  • Schwab Enters Agreement to Settle All Claims in YieldPlus
    San Francisco, CA: The Charles Schwab Corporation has announced that it has entered an agreement with plaintiffs to settle all claims in a civil class action lawsuit related to the Schwab YieldPlus Fund(R), including a California state law claim not included in an earlier settlement with plaintiffs announced on April 20, 2010. The combined settlement agree...
  • Zetia heart attack may result in lawsuit
    Zetia , an anti-hyperlipidemic drug, is prescribed to treat high cholesterol. Since its FDA approval in 2002, serious Zetia side effects have been reported, including Zetia liver and Zetia heart attack problems. These Zetia problems have led to a number of Zetia lawsuits . Zetia is also used in conjunction with statins to lower cholesterol, but it has...
  • Vascular Solutions to pay $3.586 million settlement in health care lawsuit.
    Minneapolis, MN: (Apr-09-08) Diomed Inc. brought charges against Vascular Solutions, Inc., alleging that the company infringed on its patents. Sources familiar with the negotiations recently stated that the two companies had resolved their dispute by entering into a settlement agreement. Under the terms of the settlement agreement, the claims will be dis...
  • Developmentally Disabled Californians Win Class Action
    Disabled Californians who currently live in hospitals and nursing homes have won the right to explore other options for accommodation including moving back to their own communities and living in smaller nursing homes. This is part of a settlement of a lawsuit filed in 2002 by advocacy groups for the disabled that alleged that the state was not fulfilling its...
  • DuPont Reaches $8.3M Settlement over NJ Contaminated Drinking Water
    A $8.3 million settlement has been reached in a class action filed by New Jersey residents against DuPont over allegations that company's nearby plant class contaminated tap water in Penns Grove, NJ. The lawsuit, begun nearly five years ago, claimed that the tap water was contaminated with perfluorinated compounds — including the perfl...
  • Arctic Glacier Income Fund Reaches $12.5M Settlement
    Winnipeg, MAN: Arctic Glacier Income Fund (TSX:AG.UN) has reached an agreement to settle a class action filed by direct purchasers of packaged ice against Arctic Glacier International Inc., the Fund's U.S. operating subsidiary, alleging antitrust law violations. The agreement, which is subject to approval by U.S. District Court, provides for the...
  • Auto lender to pay $362,000 settlement in high interest lawsuit.
    Richmond, VA: (Mar-25-08) Attorney General Robert McDonnell brought charges against Auto Cash Title Loans LLC, a Richmond-area lender, alleging that it overcharged customers more than the 12% interest allowed under state law. Sources stated that the company had agreed to a settlement with the Attorney General's office, in which it would pay over $25,000...
  • Crash Victim Receives $600K Settlement from Insurer
    Los Angeles, CA: A woman injured in a motor vehicle accident in 2008 and who subsequently sued her insurer over her claim, has been awarded a $611,532 settlement. Lorrice Joyce was rear-ended while traveling on the 110 Freeway in Los Angeles, which, according to her suit, exacerbated her prior neck injuries and caused a new herniated disc at C6-...
  • Bjork Shiley Heart Valve implants have been recalled due to strut fractures. Submit your complaint to a Bjork Shiley lawyer.
    The Bjork Shiley Convexo-Concave (BSCC) heart valve was a mechanical prosthesis heart valve, used to replace either mitral or aortic valves. The BSCC valve was removed from the market due to a defect that reportedly put patients' lives at risk. Following the recall of the Bjork Shiley heart valve , lawsuits were filed alleging the companies responsible...
  • China Shenghuo Finalizes Settlement of Securities Class Action
    Washington, DC: China Shenghuo Pharmaceutical Holdings, Inc. (China Shenghuo) (AMEX: KUN) announced today the final approval by the court of a settlement agreement resolving and dismissing all claims asserted against the company in the consolidated securities class action lawsuit, Varghese, et al v. China Shenghuo Pharmaceutical Holdings, Inc., et al...
  • Settlement Reached in Range Resources Royalties Class Action
    Eerie, PA: A settlement in a class action brought against Texas-based Range Resources has been approved by a federal judge. The suit was brought by about 25,000 landowners in Pennsylvania over allegations that Range Resources miscalculated their royalty payments associated with the company's current drilling in the Marcellus shale region of the state...
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