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  • Colgan Continental Airlines Wrongful Death
    Two families have agreed to settle wrongful-death lawsuits over the crash of Continental Airlines Connection Flight 3407 outside Buffalo, New York, that killed all 49 people aboard and one person on the ground. The families of John G. Roberts III and Darren Tolsma claimed that corporate decisions caused Captain Marvin Renslow, 47, and co-pilot Rebecca Sh...
  • Matrixx agrees to settle Zicam cold remedy suits
    Matrixx Initiatives has agreed to settle 18 class action lawsuits outstanding in federal courts over its Zicam cold remedy, which was taken off the market in June following a safety warning from federal regulators. The FDA told consumers to discontinue Zicam Cold Remedy nasal gel and related products because they can permanently damage the sense of smell. ...
  • Murphy City, TX City Manager Severance Settlement
    Murphy City, TX: (Jul-04-07) Former city manager Craig Sherwood reached a settlement with the Murphy city councilmen, following his separation from the city. His severance pay was in question and the settlement agreement included the payment of $255,000, provision of insurance benefits for up to one year or until he obtains new employment, and vacation ben...
  • Tacoma, WA School Chief Resignation Settlement
    Tacoma, WA: (Jul-01-07) Tacoma schools chief Charlie Milligan filed charges against the school, regarding his exit from the district after only a year on the job. In 2006, Milligan left the Fontana, CA Unified School District with a "resignation/retirement" pact that included a large cash-out for leave days and retirement funds after less than two years on...
  • Esterline Corporation Explosion Property Damage Settlement
    London, UK: (Jun-28-07) Esterline Corporation reached a settlement agreement with its insurance carrier to settle property damage and business interruption claims related to the 2006 explosion at Esterline's UK-based countermeasure flares operation, Wallop Defence Systems. The settlement is said to include a £16 million payment to Wallop. Including paymen...
  • New York, NY Family Lead Poisoning Settlement
    New York, NY: (Jun-26-07) A New York family whose 19 children experienced lead poisoning living in subsidized housing filed a lawsuit against the city, alleging that the city failed to inform them about the effects of lead poisoning. Lead poisoning causes learning disabilities, as well as attention and behavioral problems. In a settlement reached, th...
  • Merrill Lynch ERISA Class Action Settled for $75 Million
    On August 21, 2009, final approval of the ERISA settlement in the Merrill Lynch & Co., Inc. Securities, Derivative and ERISA Litigation was granted. The class action alleged breaches of fiduciary duty in violation of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), in connection with the acquisition and holding of Merrill Lync...
  • Bank of America Settles Merrill Lynch Class Action for $150 Million
    A class-action lawsuit brought against the former Merrill Lynch & Co., which was purchased by Bank of America early in 2009, will reportedly be settled for $150 million. Bank of America has agreed to pay the settlement to end the suit, which was brought by 2 Louisiana pension funds. The suit alleged that Merrill Lynch provided false and deliberately mis...
  • Azusa Pipe and Tube Bending Corp. et al. San Gabriel Valley Cleanup Settlement
    Los Angeles, CA: (Jun-21-07) The US Environmental Protection Agency (EPA) filed charges against Azusa Pipe and Tube Bending Corp., Frederick Tressel, Ronald Tressel, the Trustees of the Tressel Family Trust, the General Services Administration, Department of the Army, Department of Defense, Department of the Navy, Department of the Air Force, and US Army C...
  • Tremont Financial LLC Reaches Preliminary Settlement in Consumer Loans Class Action
    Tremont Financial LLC Reaches Preliminary Settlement in Consumers Loans Class Action Tremont Financial LLC has reached a preliminary settlement in relation to a class action suit brought by University of Wisconsin Law School Students and the school's Consumer Law Litigation Clinic. The settlement requires the internet payday lender to release 137...
  • Federation Internationale de Football Association MasterCard Sponsorship Contract Settlement
    New York, NY: (Jun-21-07) MasterCard Inc. filed charges against the Federation Internationale de Football Association (FIFA), alleging that it breached contract when it awarded sponsorship rights to MasterCard's rival, Visa International Inc. The fight over MasterCard's right to sponsor the tournaments ended when FIFA agreed to pay the credit card issuer $...
  • Southern States Claims Services Junk Car Lot Insurance Settlement
    Moss Point, MS: (Jun-20-07) The city of Moss Point reached a settlement with Adjusters International, an insurance company mediator, over damages to vehicles during Hurricane Katrina. As a result of the Hurricane Katrina automobile insurance settlement, some of the cars that make up the junkyard of police vehicles across the street from the city's police s...
  • Bristol-Myers Gets Preliminary Approval of $125 MillionPlavix Settlement
    A settlement of $125 million has been preliminarily approved in the shareholder lawsuit against Bristol-Myers Squibb. The suit involves allegations that the pharmaceutical company failed to disclose side deals it made with Apotex regarding the sale of the company's blockbuster drug Plavix. A final hearing for settlement approval is set for December 8,...
  • Law Firm Settles with San Diego for $2.8 Million
    The San Diego law firm of Orrick, Herrington and Sutcliffe have announced that they will pay a settlement to the City of San Diego of $2.3 million, resolving allegations that the firm failed to disclose the extent of the city's pension debt while the firm served as the city's bonded and disclosure counsel. The city filed the suit nearly three years ago, in...
  • 17,500 Seroquel Suits Settled for $198 Million
    London, UK: Astra Zeneca (AZ), the maker of the antipsychotic medication, Seroquel, has settled 17,500 US-based personal injury claims for $198 million. The suits claim illnesses such as diabetes related to the drug, which is used to treat schizophrenia and bipolar disorder. According to a report on Reuters, the average settlement per claim is $11,300...
  • Nevada Power Company NOx Emissions Settlement
    Washington, DC: (Jun-13-07) The Department of Justice and the Environmental Protection Agency filed charges against Nevada Power Company, claiming it violated the New Source Review (NSR) provisions of the Clean Air Act at its Clark Generating Station by undertaking modifications of combustion turbines and increasing emissions of nitrogen oxides (NOx) witho...
  • Sprint Settles ETF Class Action for $17.5 Million
    A federal class action lawsuit against Sprint Nextel may be at an end, the telecommunications giant has agreed a settlement of $17.5 million. The lawsuit centered around early termination fees (ETFs) that the company was allegedly illegally charging its customers - to the tune of $1.2 billion since 1999. Additionally, Sprint has agreed to place $1...
  • UnitedHealth Reaches $925 Million Settlement
    A proposed settlement between UnitedHealth and its shareholders has been given the green light by a federal judge, bringing to an end a class action lawsuit stemming from allegations of options backdating. The settlement is for $925 million, $895 million of which will be paid by UnitedHealth, and the remaining $30 million by former Chairman and CEO Wi...
  • Eastman Kodak Co. Greece Tax Assessment Settlement
    Greece, NY: (Jun-12-07) The town of Greece and the Greece Central School District have been embroiled in a legal battle with Eastman Kodak Co. over tax assessments regarding Kodak property. In a settlement reached, the parties agreed to resolve issues related to past and future Kodak property assessments. As part of the settlement, it was established...
  • Cleco Corp. FERC Code of Conduct Settlement
    Baton Rouge, LA: (Jun-12-07) The Federal Energy Regulatory Commission (FERC) brought charges against Cleco Corp., alleging violations of its code of conduct and a 2003 Commission approved settlement agreement. The FERC suit stated that Cleco violated the 2003 settlement agreement and the code of conduct by sharing six operating personnel and market informa...
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