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  • 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...
  • $5 Million Settlement in Pollution Lawsuit
    Harrisburg, PA: The operator of a power plant will pay $5 million to settle an environmental lawsuit alleging the plant discharged potentially toxic metals, polluting a river, and violated its permits. The proposed settlement must still be approved by a judge and the federal government. The lawsuit, filed in 2007, alleged that since 2005 the Conemaugh Ge...
  • Federal Judge Approves $8.5 Million as Settlement of Google Buzz Class Action
    San Francisco, CA: An $8.5 million settlement of the class action brought against Google over alleged privacy violations linked to Google's social network "Buzz", has been approved by a federal judge. Reportedly, $6 million of the settlement will be split between 14 privacy organizations and nonprofits, while the majority of the remainding fun...
  • Hurricane Katrina Victims Reach $14M Settlement Over Toxic Trailers
    New Orleans A $14 million settlement has been reached by 21 companies who are named defendants in a defective products class action brought by victims of Hurriane Katrina. The companies manufactured government-issued trailers for storm victims after Hurricane Katrina, and the lawsuit claims that those trailers contained hazardous materials. As a...
  • $624 Million Settlement of Countrywide Securities Class Action
    New York, NY: A $624 million settlement has been proposed in the securities class action brought by the New York State Common Retirement Fund and the five New York City public pension funds against Countrywide Financial Corporation. Under the proposed settlement, Countrywide would separately pay plaintiffs $600 million and the accounting firm, KPMG wo...
  • Woodcarver's Family Awarded $1.5 Million
    Seattle, WA: The family of a woodcarver who was killed by police in the summer of 2010, will receive a settlement from the city of Seattle of $1.5 million. John T. Williams, a native American, was shot to death by officer Ian Birk, after he crossed the street in front of Birk's patrol car. Birk was carrying a small knife at the time. The police depart...
  • GSK Reaches Potential $28 Million Settlement over Defective Paxil Tablets
    GlaxoSmithKline has reached a tenative $28 million settlement in a class action lawsuit over manufacturing defects in certain tablets of their best selling antidepressant Paxil. The suit alleged that Paxil "controlled release" (CR) tablets made between April 1, 2002 and March 4, 2005, contained a manufacturing defect that caused the tablets to...
  • $688M Settlements Reached in Vytorin and Zetia ENHANCE Securities Class Actions
    New York, NY: Settlements totalling $688 million have been reached in the securities class actions pending against Merck & Co. Inc. ("Merck"), Schering-Plough Corporation ("Schering"), Merck/Schering-Plough Pharmaceuticals, certain of the Companies' directors and officers, and the underwriters of a 2007 Schering stock offering. The settlements, rea...
  • Mohawk Industries Settles Employee Class Action for $18 Million
    Fulton County, GA: Mohawk Industries and its employees who filed a class action lawsuit against the carpet manufacturer have finally reached a settlement worth a reported $18 million. The lawsuit has been in the courts for the past six years. The 'prime motivator' in the settlement is the fact that Mohawk's insurer, Zurich American Insurance, has agreed t...
  • Ameriprise Agrees Preliminary Settlement in Securities America Investor Class Action
    New York, NY: A preliminary settlement has been reached by Ameriprise Financial and its brokerage unit, Securities America Inc, and clients who allege in they lost roughly $400 million on fraudulent private placements. The preliminary agreement would see Securities America pay $80 million, further to a separate agreement in which SA has agreed to...
  • Pfizer to Pay Oregon $3.34 in Zyvox Marketing Fraud Settlement
    Portland, OR: Attorney General John Kroger has announced a $3.34 million agreement with the world's largest research-based pharmaceutical company, Pfizer, Inc., over allegedly deceptive marketing claims related to its prescription drug Zyvox®. This is the largest ever consumer drug agreement that Oregon has achieved with a prescription drug manufacturer...
  • Hartford Village Could See $1 Million Settlement in Environmental Suit
    A preliminary settlement has been reached between Equilon Enterprises, Premcor Refining, and the village of Hartford, in an environmental suit over damages and costs incurred as a result of refinery pollution. Village trustees sued Equilon and Premcor seeking recovery of costs for repairing and replacing sanitary sewers, streets, municipal buildings an...
  • Amway Gift Card Class Action Settlement
    Los Angeles, CA: A $20 million settlement has been approved in a class action against Amway over its gift cards. Consumers only have until June 20, 2011 to file their claims. Per the settlement agreement, each eligible consumer shall be offered one new non-dated gift card with a retail value of $50, unless he or she can prove the purchase of a g...
  • Batali Settles Labor Class Action for $5.25M
    New York, NY: A settlement has been reached between celebrity chef Mario Batali and workers at several of his restaurants. The settlement amount is a reported $5.25 million. The employees accused Batali and his partner, Joseph Bastianich, of withholding 4 to 5 percent of the staff's tip pool, pushing hourly wages below the legal level, and refusing to...
  • Rentech Reaches Tentative Settlements of Securities Class Actions
    Los Angeles, CA: Rentech, Inc. (NYSE AMEX: RTK) has reached agreements to settle all of the securities class action lawsuits pending in federal court and all of the shareholder derivative lawsuits pending in state and federal court against the Company and a number of its current and former directors and officers. The lawsuits relate to the Compa...
  • Teva Settles Propofol Hepatitis C Lawsuits for $285M
    New York, NY: Teva Pharmaceuticals, the maker of Propofol, will settle 120 personal injury lawsuits arising from a hepatitis C outbreak in Southern Nevada, for a reported $285 million. The Israeli-based generic drug maker was facing lawsuits brought by some 150 former patients of The Endoscopy Center of Southern Nevada and its sister clinics, who con...
  • Premera Blue Cross Reaches $1.45M Settlement in Overtime Class Action
    Seattle, WA: Preliminary approval has been granted for a $1.45 million settlement in a class action against Premera Blue Cross. The suit alleged that the company failed to pay overtime to tech workers. The class-action lawsuit was filed in 2010 and alleged that the Mountlake Terrace-based health insurance company and its subsidiaries had misclass...
  • Overtime Class Action Against Stahlbush Island Farms Reaches Settlement
    Portland, OR: Workers who filed an overtime class action against Stahlbush Island Farms have agreed to a settlement. The deal covers more than 100 current and former employees of the Corvallis-area company who work or worked in its food precessing operation. The suit was filed in March 2010 in U.S. District Court in Eugene. The final agreement...
  • $600M Countrywide Securities Settlement Approved
    Los Angeles, CA: A federal judge has approved a $601.5 million settlement of a class-action suit against Countrywide Financial Corp. The settlement is reportedly one of the largest class-action settlements stemming from the subprime mortgage crisis. Filed in 2007, the suit alleged that Countrywide, now part of Bank of America Corp., misled investor...
  • Satyam To Pay $125M in US Securities Class Action
    New York, NY: Satyam Computer Services has agreed a $125 million settlement of a shareholder class actions. Satyam had argued that the US shareholder litigation should be dismissed because the US is not the home country of the company, and therefore the improper venue for the litigation. In a filing to the exchanges, the company said it has ent...
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