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Sort by date 7,426 pages found matching settlement- I.T. Overtime: California Dreamin'
May-7-07 Milpitas, CA If you're a computer geek, this is for you. We know you can read this, because you spend practically every waking moment of every day in the dim glow of your computer screen - problem-solving, beta-testing, working out the bugs. Maybe you're at your cubicle right now, or maybe you're at home on your own system. No matter. The point is, you'... - Court Upholds $295M Settlement in De Beers Class Action
San Francisco, CA: The U.S. Court of Appeals for the Third Circuit has issued an opinion today upholding the settlement in the antitrust class action litigation against the South African company De Beers, the world's largest diamond supplier, for allegedly conspiring to monopolize the sale of rough diamonds. The appellate court affirmed an order... - Broadcom Reaches $160.5 Million Settlement
Irvine, CA: Broadcom Corporation (Nasdaq: BRCM) today announced that it has agreed in principle to settle the securities class action litigation pending against the company and certain of its current and former officers and directors. The class action, relating to the company's historical stock option accounting practices, was brought on behalf of persons... - AuRico Gold Reaches $13.25M Settlement in Securities Class Action Lawsuit
New York, NY: AuRico Gold Inc. (TSX: T.AUQ, Stock Forum) (NYSE: AUQ, Stock Forum) has reached a settlement deal related to a securities class action lawsuit that was launched in 2008 when the company was known as Gammon Gold. The settlement agreement, which provides for a payment of $13.25 million to the settlement class, does not contain any adm... - PIMCO Resolves Class Action for $92 Million
Newport Beach, CA: PIMCO and PIMCO Funds today announced the proposed settlement of a class action lawsuit, Kohen et al. v. PIMCO and PIMCO Funds, originally filed in 2005 challenging certain trades by PIMCO in the June 2005 10-year futures contract. PIMCO will make a payment of approximately $92 million to the plaintiff class plus plaintiffs' a... - Supreme Court Hands Down Ruling in California Overtime Lawsuit
Apr-18-07 Los Angeles, CA: The Los Angeles Times (April 17, 2007) reports that the California Supreme Court handed down a ruling that triples the amount of back pay that employees can seek if they were forced to work through their breaks . The decision affects many people who are considered managers or assistant managers but generally spend less than half their tim... - Trump National Golf Club Unpaid Wages Class Action Lawsuit Settled for $475K
Los Angeles, CA: A $475,000 settlement has been approved ending an California employment class action lawsuit pending against Trump National Golf Club in Rancho Palos Verdes. The lawsuit was brought by nearly 1,000 past and current Trump golf course employees who alleged non-payment for missed meal and rest breaks. Some employees said they were not... - J&J Concealed Dangers of Ortho Evra Birth Control Patch
Apr-16-07 Washington, DC: Tens of millions of prescriptions have been written for Johnson & Johnson's Ortho Evra birth control patch since it arrived on the market in 2002, and medical experts say the patch has harmed thousands of young women of childbearing age. In September 2006, the FDA warned that use of the patch, made by the Ortho-McNeil division of J&J,... - April 2007 Big Pharma Litigation Update - Drugs (Part II)
Apr-12-07 Washington, DC: The anti-epileptic drug, Depakote (valproate), marketed by Abbott Laboratories, is one of the most heavily prescribed medications for off-label use. Experts say the evidence of harm caused by Depakote is just beginning to emerge. According to Harrisburg, Pennsylvania psychiatrist, Dr Stefan Kruszewski, a recognized expert on psychotropic... - LivingSocial Agrees $4.5M Settlement in Consumer Fraud Class Action Lawsuit
Los Angeles, CA: A $4.5 million settlement has been agreed in the consumer fraud class action lawsuit pending against LivingSocial Inc. The lawsuit alleges that the daily deals company put expiration dates on its coupons. The lawsuit was filed approximately six months after Groupon Inc was hit with a similar lawsuit. Filed in April 2011by Melissa F... - State Farm And Other Companies Charged Accident Surcharge
Apr-9-07 Los Angeles, CA: Residents of California who purchased their auto insurance from State Farm between 1997 and 2002 may have unknowingly paid an illegal accident surcharge on their policies. The surcharge is also known as a "Non-Verifiable Accident Record Surcharge" or a "persistency discount." The surcharge was tacked on to policies for people who w... - $325M Neurontin Consumer Fraud Class Action Settlement Reached
Los Angeles, CA: A $325 million preliminary settlement has been reached by Pfizer Inc and Warner-Lambert Co. LLC and plaintiffs who filed a consumer fraud class action lawsuit over the marketing of the pharmaceutical companies' drug Neurontin (gabapentin). Brought by a class of third-party payers, the lawsuit alleges Pfizer and Warner-Lambert... - April 2007 Big Pharma Litigation Update - Drugs (Part I)
Apr-5-07 Washington, DC: For the last two decades, illegal drug marketing schemes have paid off well for Big Pharma. However, as the old saying goes, all good things must come to an end, and every major drug company is currently involved in massive litigation. Some companies are facing thousands of lawsuits with a common complaint that the drug maker deliberatel... - Morgan Keegan Agrees $62M Settlement in Investment Fraud Class Action Lawsuit
New York, NY: Morgan Keegan & Co. Inc. has agreed to pay $62 million as part of a preliminary settlement of a securities class action involving more than 10,000 nationwide clients. The Commercial Appeal reports the terms of the settlement won't force the investment firm to admit any wrongdoing resulting from the 2008 meltdown of its mutual funds. ... - AllianceBernstein Employees Win $2.98M Employment Class Action Lawsuit Settlement
New York, NY: A $2.98 million settlement has been reached in the four-year-old employment class action lawsuit filed by AllianceBernstein employees who allege the investment management company of miscategorized them as overtime-exempt even though they held clerical jobs. According to a memo filed in New York federal court, the employees' attorneys... - Astra Zeneca Proposes Settlement in Nexium Class Action Lawsuit
Boston, MA: A proposed settlement has been reached in a consumer fraud class action lawsuit against Astra Zeneca alleging deceptive marketing practices around their anti-heartburn medication Nexium. In their lawsuit, entitled Commonwealth Care Alliance v. AstraZeneca Pharmaceuticals L.P., Docket No. 05-0269, the plaintiffs allege Astra Zeneca vio... - Makers of Zyprexa Risperdal and Seroquel Under Fire
Mar-9-07 Washington, DC: Eli Lilly, Johnson & Johnson, and AstraZeneca, are all named defendants in a new lawsuit filed by the state of Pennsylvania on February 26, 2007, to recover money paid through public health care programs to purchase Zyprexa , Risperdal, and Seroquel, and the costs of medical care for the people injured by these drugs. Pennsylvania... - Merck Reaches Preliminary Settlement in Coppertone False Advertising Lawsuit
New York, NY: A consumer fraud class action lawsuit regarding Merck & Co' Coppertone franchise has reached a preliminary settlement, with Merck agreeing to pay between $3 million and $10 million. The lawsuit, which was filed in 2003, alleges Merck made false claims about the benefits of its Coppertone sunscreen products. Merck inherited the laws... - Batali Settles Del Posto Employment Class Action for $1.15M
New York, NY: An employment class action lawsuit against Batali's New York City eatery Del Posto has been settled, lawyers for the plaintiffs announced this week. The lawsuit, brought in 2010 by 31 employees working at the restaurant, alleged the restaurant deprived them of some of their tips and overtime. According to a report by The Associated... - State Farm Accident Surcharge
Feb-28-07 Los Angeles, CA: State Farm Auto Insurance policy holders who live in California and who purchased policies between 1997 and 2002 may be eligible for reimbursement if they paid an accident surcharge on their policies. The accident surcharge, also referred to as a Non-Verifiable Accident Record Surcharge, is illegal in California. It was charged as an...