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  • Will Buyback Offer Placate UBS Puerto Rico Closed-End Investors?
    Dec-26-13 Washington, DC The offer by UBS Financial Services Inc. to buy back shares of its failing Puerto Rico bond funds may serve to foster positive public relations. However, in the wake of a massive loss of 16 percent or more in the fund’s value over the course of 2013, the question remains if the offer will sufficiently placate investors. Some inv...
  • Fracking Elves Deliver Early Christmas Present
    Dec-24-13 Chicago, IL Four elves - unaccompanied by Santa - got their media moment just before the big day by erecting a 10’ fracking rig on the lawn of Gov. Pat Quinn to protest hydraulic fracking . Environmentalists from coast to coast are filing fracking lawsuits: Is it just a matter of time until fracking hits the North Pole? On Monday afternoon Chic...
  • LawyersandSettlements.com Announces New, Comprehensive Newsletter For Legal News, Class Action Lawsuits and Settlements
    Dec-22-13 LawyersandSettlements.com has relaunched its weekly legal newsletter to provide both lawyers and consumers with more comprehensive coverage of class action lawsuits and settlements, ongoing mass tort litigation and personal injury lawsuit news. The updated newsletter also combines a fresh, contemporized look with easy-to-navigate quick links for a more user...
  • Risk-Free Cash Advance This Holiday Season
    Dec-19-13 “The holidays have been extra hard for me right now. My husband was injured in an auto accident and needs around-the-clock care so I had to quit my job. With no money coming in, I was not only struggling to pay the bills, but also finding a little extra to buy my two children a little something for Christmas. The bank would not lend me money without a job,...
  • $3.8M Settlement Reached in KMART Employment Class Action Lawsuit
    Santa Clara, CA: A $3.8 million settlement has been reached ending two collective actions brought against KMART on behalf of assistant managers who allege they were wrongly classified as exempt from overtime pay, in violation of the Fair Labor Standards Act (FLSA) and state labor laws. The class is estimated to include some 422 people, with each...
  • Ski Hill Lawsuit Results in Settlement
    Dec-9-13 Genoa Township, MI Now that the snow is falling in some areas, thoughts of fun and recreation turn from amusement parks to ski hills , and with that change comes a focus on the safety at ski hills. Following a summer that saw some devastating theme park accidents, and related lawsuits, thrill seekers are encouraged to be careful while on the slopes. Of...
  • $115M Anthem Data Breach Class Action Settlement Reached
    Santa Clara, CA: A $115 million settlement has been reached in the Anthem data breach class action. The lawsuit was brought by 80 million consumers who had their personal data compromised in the massive 2015 data breach. The settlement is the largest on record for a data breach class action lawsuit. Under the terms of the deal, the funds will be u...
  • ERISA Lawsuit Results in $99 Million Settlement
    Dec-1-13 New York, NY An ERISA lawsuit involving a bankrupt financial firm has now been settled for $99 million. The ERISA settlement was the culmination of three years of litigation, and involved claims by various retirement investors against Lehman Brothers. According to Bloomberg (11/27/13), Ernst & Young LLP will pay investors, including retirement...
  • Bayer Reaches $74 Million Settlement In Cipro Price Fixing Class Action Lawsuit
    San Diego, CA: A partial settlement has been reached in an antitrust class action lawsuit involving the prescription antibiotic Cipro. The lawsuit claims Bayer Corporation, Barr Laboratories, Inc., Hoechst Marion Roussel, Inc., Watson Pharmaceuticals, Inc., and The Rugby Group, Inc. violated antitrust and consumer protection laws by agreeing not...
  • More Brain Injury Lawsuits Filed against NFL
    Nov-18-13 Chicago, IL Two more brain injury lawsuits have been filed against the NFL, alleging players were not adequately warned about the risk of traumatic brain injury associated with football. The two lawsuits also name Riddell, maker of helmets, for failing to warn players about the risk of brain trauma. According to the Chicago Tribune (11/6/13), Bobb...
  • $9.4M Settlement Reached in Hain Organic Consumer Fraud Class Action Lawsuit
    Los Angeles, CA: A $7.5 million settlement has been agreed potentially ending a consumer fraud class action lawsuit filed against Hain Celestial Group Inc over allegations it falsely labeled products as organic. In addition to the cash payout, the company has agreed to provide up to $1.85 million in coupons. The lawsuit, filed by lead plaintiffs...
  • Washington Overtime Lawsuit Filed against Les Schwab
    Nov-15-13 Seattle, WA A Washington employment lawsuit, alleging violations of overtime laws, has reportedly been filed against Les Schwab Tire Centers Inc. The lawsuit alleges employees were repeatedly required to work overtime without receiving proper pay, a violation of federal and Washington State labor laws. According to Tire Business (11/11/13), the la...
  • Victoria's Secret Reaches $12M Deal In California Unpaid Wages Class Action Lawsuit
    Santa Clara, CA: A $12 million settlement has been reached in a California overtime and labor laws class action lawsuit pending against Victoria’s Secret. If approved, the deal will end allegations brought by sales clerks in Victoria’s Secret’s California stores that the company failed to properly compensate workers scheduled for "...
  • Pier 1 Employees Win $3.5M Settlement in Flex Shift Class Action Lawsuit
    San Francisco, CA: A preliminary $3.5 million settlement has been reached potentially ending a California labor law class action lawsuit pending against Pier 1 Imports. The lawsuit, filed by Lauren Mathein and Christine Sabas, alleged Pier 1 failed to reimburse the class for hours spent working without pay while checking in to find out if they had...
  • $6.2M Settlement Reached in Permanente Call Center Nurses Unpaid Wages Class Action Lawsuit
    Santa Clara, CA: Preliminary approval of a $6.23million settlement will be granted potentially ending an California unpaid wages class action lawsuit against Permanente Medical Group Inc. The lawsuit was brought by call center-based nurses who alleged they weren’t compensated for time they spent booting up and shutting down their computers. So...
  • Alpha Electric & Gas Reaches $1.1M TCPA Class Action Settlement
    Santa Clara, CA: Preliminary approval of a $1.1 million proposed settlement has been granted, potentially ending a Telephone Consumer Protection Act (TCPA) class action lawsuit pending against Alpha Gas and Electric in New York. Filed by Stewart Abramson in July 2015, the lawsuit asserted that Alpha Gas, which provides gas and electrical service...
  • BofA Settles Overdraft Lawsuit for $410 Million
    New York, NY: A federal lawsuit alleging that Bank of America (BofA) charged excessive overdraft fees has been settled. The court has granted approval to the class action lawsuit, Checking Account Overdraft Litigation, 1:09-MD-02036-JLK. Settlement class members will receive checks. BofA, the largest bank in the US, reportedly stated in a court f...
  • $4.25M Settlement Reached in TCPA Class Action Lawsuit
    Santa Clara, CA: A $4.25 million settlement been reached in a Telephone Consumer protection Act (TCPA) class action lawsuit brought against Florida-based Insurer A&B Insurance and Financial LLC. Filed by plaintiffs Jim Youngman and Robert Allen, the suit alleged the defendants made unauthorized sales calls to consumers, including people on the fe...
  • $1 Billion NFL Concussion Class Action Settlement Approved on Appeal
    Santa Clara, CA: A $1 billion settlement has been upheld in the infamous concussion class action lawsuit brought by National Football League (NFL) players against the NFL. Approved by the 3rd U.S. Circuit Court of Appeals, the revised settlement deal will resolve thousands of lawsuits brought against the league, as well as covering over 20,000 r...
  • $6.75M Preliminary Aveeno Naturals Settlement Reached
    Santa Clara, CA: A preliminary $6.75 million settlement has been reached in a consumer fraud class action lawsuit pending against Johnson & Johnson (J&J) alleging the “Active Naturals” label on their Aveeno products is false and misleading. J&J has also agreed to remove that label under the terms of the settlement. According to the suit, J...
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