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  • BoFA Settles with CountryWide Investors
    New York, NY: Bank of America has reached a settlement with former Countrywide Financial Corp institutional investors who decided not to join a $624 million class-action case that won court approval in February. The terms of the accord were not disclosed and Countrywide's former auditor KPMG was not part of the pact, according to the filing. ...
  • Mobile Content Class Action Settlement Reached With m-Qube
    Chicago, Ill: A global settlement agreement was reached promising to conclude numerous separate class action lawsuits filed throughout the country involving claims that unauthorized charges for "mobile content" were placed on consumers' cell phone bills. The settlement, which was preliminarily approved by the Circuit Court of Cook County in Illino...
  • BJ's Wholesale Club Reaches Tentative $9 Million Settlement in Overtime Class Action
    New York, NY : A $9.3 million settlement of an overtime pay class action lawsuit against BJ's Wholesale Club Inc has been reached. The settlement, which is subject to Court approval, is intended to resolve claims that BJ's misclassified certain Mid Manager employees as exempt from receiving overtime for hours worked in excess of 40 hours per week. Pla...
  • Banner Supply Reachers Settlement in Chinese Drywall Lawsuits
    Miami, FL: Banner Supply has agreed to settle its part of a class action lawsuit brought by 79 South Florida home owners over defective Chinese drywall. The settlement amount is confidential, however Banner has said it will replace its product in homes in this case and pay additional monies for related expenses homeowners have incurred. Homeowner...
  • Wells Fargo Agrees $37M to Settle Bid-Rigging Lawsuits
    New York, NY: Class action lawsuits filed by various municipalities against Wells Fargo look set to end, as Wells Fargo & Co has agreed to settle the suits, but they are pending court approval. The lawsuits alleged bid-rigging by Wachovia's municipal derivatives group, according to a report on Reuters.com. Wells Fargo, which acquired Wach...
  • AT&T Reaches Preliminary Settlement Over Internet Usage Taxes
    Houston, TX: AT&T has reportedly reached a tentative settlement of the class action brought by customers who allege that internet taxes charged by the wireless service provider violated the internet tax act AT&T sent out text messages to customers affected early in the week, although no word on how much any refunds offered may be. AT&T main...
  • Proposed $21.8 Million Settlement of Drug Pricing Class Action
    Preliminary approval of a Proposed Settlement related to the average wholesale prices of certain prescription drugs has been granted by the District Court for the District of Massachusetts. In the lawsuit, plaintiffs claimed that drug manufacturers unlawfully inflated the published average wholesale price of certain drugs, increasing what certain consumers a...
  • Harrison County, MS Jail Wrongful Death Settlement
    Harrison County, MS: (Jul-03-07) The family of Jessie Lee Williams filed a wrongful death lawsuit against Harrison County and the City of Gulfport. Williams died in the Harrison County jail in February 2006. His family filed a $150 million civil lawsuit alleging negligence and wrong doing as a cause for his untimely demise. In a settlement reached, t...
  • Mellon Financial Corp. Destroyed Tax Returns Settlement
    Washington, DC: (Jun-28-07) The US government filed charges against Mellon Financial Corp. and its subsidiary Mellon Bank NA, alleging that the bank destroyed tens of thousands of tax returns and checks in 2001. The Justice Department filed the suit after it was discovered that Mellon employees had destroyed 77,000 tax returns and checks received from taxp...
  • TOUSA, Inc. Lenders Settlement
    Hollywood, FL: (Jun-29-07) A settlement agreement was entered into by TOUSA, Inc. and Transeastern JV, wherein TOUSA, Inc. agreed to settle with the senior and junior mezzanine lenders to the Transeastern JV, including the senior lenders, the mezzanine lenders, the JV partner and land bankers. The company expects to close the global settlement on or about...
  • Proposed Settlements Reached with Toyota Motor Sales USA
    San Francisco, CA: If you purchased or leased a new car or truck manufactured by any of the automakers listed through the link given below, during 2001 to 2006, two class action settlements may affect your legal rights and you may be eligible to receive a payment. Two settlements resolve claims against Toyota Motor Sales, U.S.A., Inc. ("Toyota") and...
  • Mattel Agrees Settlement in Lead Contaminated Toys Lawsuits
    Mattel and its subsidiary Fisher Price, have reached a tentative settlement that could reach $50 million, and ending litigation over its 2007 toy recalls. The toys, numbering in the millions, were contaminated with high levels of lead. They were manufactured in China and were part of a series of product recalls around that time resulting from poor manu...
  • Verizon To Pay $25 Million To Settle
    New York, NY: Verizon Wireless has agreed to pay $25 million plus at least $52.8 million in refunds to customers as settlement of allegations that the company charged millions of dollars in mystery fees. "Today's settlement requires Verizon Wireless to make meaningful business reforms, prevent future overcharges, and provide consumers clear, easy-...
  • Bayer to Pay $3.3 Million To Settle One A Day Vitamin Claims
    Washington, DC: Bayer AG, maker of One a Day vitamins, has agreed to pay $3.3 million to settle investigations into claims of deceptive marketing, specifically that the vitamin can cure, treat or prevent any disease including cancer, while lacking the scientific evidence to back up those claims. The settlement was reached with Attorney Generals...
  • GlaxoSmithKline Pays $750 Million Over Defective Drugs
    London, UK: GlaxoSmithKline (GSK) has agreed to pay $750 million to resolve allegations that it improperly made drugs and sold adulterated drugs. The settlement ends the longest running federal investigation of the pharmaceutical company's former manufacturing plant in Puerto Rico. GSK closed the plant in 2009, and no longer owns it. Allegation...
  • Family That Lost their Mother Awarded $20.6 Million
    Salem, MA: The widower and child of a young woman who died as a result of a defective inflatable pool slide purchased from Toys "R" Us have been awarded a $20.6 million settlement this week by the judge hearing the personal injury lawsuit. The accident that took Robin Aleo's life happened five years ago, when she was just 29 years old. She had an...
  • Wal-Mart Pharmacist Awarded $2 Million in Employment Lawsuit
    An ex-pharmacist with Wal-Mart Stores Inc, has been awarded a $2 million settlement by the highest court in Massachusetts. Cynthia Haddad filed the lawsuit alleging that she had been discriminated against. She was fired by Wal-Mart after working for a store in Pittsfield for 10 years. In 2007 a jury found that she had been discriminated against...
  • $1Million Settlement Reached in Toxic Kiddie Kollege Day Care Lawsuit
    Philadelphia, PA: An out of court settlement of $1 million has been reached between the parents of children who attended Kiddie Kollege Day Care in Gloucester County and the day care. The lawsuit stemmed from allegations that the children attending the day care were exposed to toxins that could possibly lead to the development of health issues, b...
  • J&J Agrees to Pay $85 Million for Natrecor Misbranding
    Washington, DC: Johnson & Johnson subsidiary, Scios, has agreed to pay $85 million to settle a criminal misdemeanour charge of misbranding its drug Natrecor, used to treat heart failure. The charges stemmed from a Justice Department probe into allegations brought by a whistleblower that Scios was promoting Natrecor for off-label use as a routine,...
  • $47.5 Million Settlement Approved for September 11 Plaintiffs
    New York, NY: Plaintiffs who allege they were injured or suffered illness in the response and cleanup of the September 11 terror attacks have reached a settlement with The Port Authority of New York and New Jersey . Judge Alvin K. Hellerstein signed an order last week providing preliminary approval to the $47.5 million settlement, which must be ap...
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