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  • Merrill Settles Investor Class Action for $475 Million
    Merrill Lynch has settled allegations that they artificially inflated stock prices from late 2006 through to 2008, leading to significant losses for investors. Ohio Attorney General Richard Corday said the settlement funds are now ready for distribution to investors in that state, which include The Ohio State Teachers Retirement System and others. The settle...
  • $5.5M Settlement Awarded in Transvaginal Mesh Personal Injury Lawsuit
    Bakersfield, CA: A $5.5 million settlement has been reached in an Avaulta lawsuit filed by Christine Scott against C.R. Bard over a mesh implantation. Scott, just 53, claims the problems stem from the Bard Avaulta mesh implant she was provided with in 2008 to treat occasional urinary incontinence. The lawsuit alleged Scott now suffers from chro...
  • Louisiana-Pacific Settles for $44.5 million
    Louisiana-Pacific Corporation announced that it has reached settlement agreements in the OSB antitrust litigation in order to limit the risks and costs associated with at least two lengthy jury trials. The company denies that it violated any U.S. antitrust law or any other law. Under the terms of the settlement agreement with the certified class of dire...
  • $3 Million Settlement Reached in METO Class Action
    St. Paul, MN: A $3 million settlement has been reached in a federal class action lawsuit brought by three families against the State of Minnesota and other defendants for restraining and secluding residents with developmental disabilities, prior to September, 2008, at Minnesota Extended Treatment Options (METO), a state operated facility. In the...
  • Bayer Settles 200 Trasylol Cases
    Washington, DC: Bayer AG has agreed to settle 200 of 2,000 lawsuits filed over allegations that their drug, Trasylol, which was meant to control bleeding during heart surgery, has caused injuries to patients including kidney failure. The various cases are being represented by different lawfirms, with different settlement outcomes. According to a r...
  • Meeting Notification for US Auto Parts Class Action Settlement
    A Notification entitled "Meeting Notification for US Auto Parts Class Action Settlement" was posted on this site on July 7, 2008. The notification (of a hearing, not a meeting) correctly stated: "A hearing will be held regarding US Auto Parts Common Stock and a $10 million class action settlement, on September 29, 2008, at 8:30 a.m., before the Honorable Geo...
  • $2.86 Million Settlement Awarded in Asbestos Lawsuit
    New Castle, DL: A Delaware jury has awarded a $2.86 million verdict to the family of Michael Galliher, who died from asbestos mesothelioma. The lawsuit was filed against RT Vanderbilt In re Asbestos Litigation Michael Galliher, No. 10C-10-315 (Del. Super. Ct., New Castle City.). The settlement is the largest asbestos verdict against a single defenda...
  • Cintas Settles Overtime Class Action for $22.75 Million
    Cintas Settles Overtime Class Action for $22.75 Million This week hundreds of delivery drivers at the nation's largest uniform provider, Cintas, were notified a $22.75 million settlement agreement had been reached in the class action overtime lawsuit, Veliz v. Cintas Corporation. It was a long road for the uniform delivery drivers, whose suit, filed in...
  • Royal Dutch Shell Investors Reserves Settlement
    London, UK: (Apr-10-07) Royal Dutch Shell announced the settlement of all claims against them outside the US pertaining to the 2004 restatement of reserves. Though Shell i.e. The Shell Transport and Trading Company, Ltd. and Shell Petroleum N.V. did not admit to any wrongdoing on its part, they have agreed to pay $352.6 million, plus administrative costs,...
  • Brooks Automation Reaches Settlement in Securities Class Action
    Brooks Automation, Inc. announced on Tuesday that it has reached a settlement in principle regarding the consolidated securities class action filed in June 2006 pertaining to the Company's historical stock option granting practices and related accounting. The terms of the settlement, which include no admission of liability or wrong doing by Brooks,...
  • State of Virginia to pay $11 million settlement in Virginia Tech massacre.
    Richmond, VA: (Jun-17-08) A Virginia Circuit Court has approved an $11 million settlement for families of most of the victims in last year's Virginia Tech massacre. Families of 24 victims are set to receive $100,000 each, the maximum allowed by Virginia's liability limit, while 18 people injured during the rampage will receive up to the $100,000 maximum,...
  • Peanut Corp. of America to Pay Settlements
    The Peanut Corp. of America (PCA) will give settlement payments to the families of nine victims who died and 44 children who got sick from salmonella-contaminated PCA peanut butter last January, 2009. Kellogg has agreed to pay part of the settlement payments: contaminated peanut ingredients used in its crackers came from PCA. After PCA filed for bankrupt...
  • Landowners Win Pollution Suit Against Continental Carbon
    Landowners Win Pollution Suit Against Continental Carbon A $10.5 million settlement has been reached in a class-action lawsuit against Continental Carbon Co. The suit was brought by about 1,800 landowners and the Ponca Tribe of Indians over alleged pollution damages caused by black dust from a carbon black plant in Ponca City. The terms of t...
  • $2.65M Awarded to Family of Mother Killed by Truck
    Almeda County, CA: The family of a woman who was hit and killed by a pick-up truck in 2007, has been awarded a $2.65 million settlement of their wrongful death suit. Socorro Lopez, the mother of three, was out out jogging with her husband and children when she was struck by the truck on the shoulder of Patterson Pass Road in Almeda County. Luis...
  • $89M Settlement Awarded to ABM Security Guards in Unpaid Overtime Class Action
    Los Angeles, CA: An $89.7 million settlement has been awarded by a California state judge to 15,000 former and present security guards of ABM Security Services Inc, who filed an unpaid wages class action lawsuit concerning rest breaks. The lawsuit, entitled Jennifer Augustus vs. American Commercial Social Security Services et al, was filed in July...
  • MCM Construction to pay $6 million settlement in banned, outdated vehicle use lawsuit.
    MCM Construction to pay $6 million settlement in banned, outdated vehicle use lawsuit. Sacramento, CA: (May-23-08) California Attorney General Jerry Brown brought a lawsuit against MCM Construction, a bridge building firm, alleging that the company used banned portable diesel engines on state-funded projects. The suit claimed that the company failed to...
  • Barclays PLC, JP Morgan Chase, Citigroup etc. BCS, Securities Fraud
    Company: Barclays PLC, JP Morgan Chase, Citigroup etc. Ticker Symbol: BCS, Class Period: Jan-1-05 to Dec-31-09 Date Filed: Jul-6-12 Lead Plaintiff Deadline: Sep-4-12 Court: Southern District of New York Allegations: New York, NY: An American investor has filed a secu...
  • DaVita Dialysis Centers Settle Lawsuit for $55 Million
    New York, NY: A $55 million settlement has been reached in a medical malpractice lawsuit alleging dialysis service provider DaVita Inc. overused an anemia medication. The lawsuit, filed in 2002, is based on a whistleblower's claim that DaVita overused Epogen, an anemia drug made by Amgen, over a 10-year period. Epogen is used to increase red bloo...
  • US Bank Agrees $55M Overdraft Fees Class Action Settlement
    Coral Gables, Fl: U.S. Bank has agreed to pay $55 million to settle class action lawsuits that accused the bank of improperly manipulating its customers' debit card transactions in order to generate excess overdraft fee revenues. The lawsuits, part of multidistrict litigation involving more than 30 different banks entitled In re Checking Account Overdr...
  • Farmers' Market operators to pay $6 million settlement in personal injury lawsuits.
    Los Angeles, CA: (May-21-08) Several civil wrongful death and personal injury lawsuits were brought against Bayside District Corp., the city of Santa Monica and George Weller, pertaining to the Santa Monica farmers' market crash, which resulted in the death of 10 people, leaving dozens hurt. The damage occurred when an out-of-control car driven by an 86-...
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