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  • Amsol to pay $5.625 million settlement in buyout lawsuit.
    Somerset, NJ: (Mar-18-08) Software International, Inc. (SII) brought charges against the Amsol Companies, comprising of American Solutions, Inc., Amsol, Inc., IK Solutions, Inc., Anthony Information Technology, Inc. and Indtech Info Solutions Private Limited, and Subba Raju Indukuri, the former Chief Executive Officer and a director of SII and the princi...
  • Tarrant pays $14 million settlement in past taxes lawsuit.
    Los Angeles, CA: (Mar-18-09) The US Internal Revenue Service brought charges against Tarrant Apparel Group, over certain audits that were conducted and disclosed for fiscal years 1996 through 2002. Sources close to the case stated that the parties had reached a settlement agreement, resolving the tax dispute. Under the terms of settlement, Tarrant...
  • Wal-Mart Settles Clerk's Death Inquiry for $2 Million, Avoids Criminal Charges
    The retailing giant Wal-Mart, has reportedly agreed to invest $2 million to improve safety at its 92 stores in New York, as settlement over the inquiry into the stampede death of a temporary clerk on Black Friday, 2008. Had criminal charges been brought against the retailer, it is likely the company would only have had to pay $10,000 in fines, if convi...
  • $4M Settlement Agreed with Wal-Mart in Oregon Wages and Hour Class Action
    Salem, OR: Wal-mart has agreed a $4 million settlement in a wage and hour class action brought against the retailer by 28,000 former employees. The class action began nearly five years ago and was a merger of two earlier lawsuits. The suit alleged that the Arkansas-based company violated Oregon's wage and hour laws. Reportedly, Wal-Mart has agreed to...
  • Bank of America to Pay $410M in Overdraft Fees Class Action
    Washington, DC: A preliminary settlement of $410 million has been approved in an excessive overdraft fees class action lawsuit brought against Bank of America. Preliminary approval was granted Monday by a federal judge in Miami. The overdraft fees lawsuit was brought by consumers who alleged that BoFA was manipulating debit transactions so as to...
  • Kraft Foods Agrees to $8.1 Million Settlement in Environmental Class Action
    Attica, IN: Kraft Foods has agreed to pay $8.1 million to settle an environmental class action lawsuit brought in 2009 over allegations that the plant it took over in 2002 was responsible for contaminating groundwater in Attica. The suit was brought by 130 residents of Attica who alleged that two chemicals classed as probable human carcinogens,...
  • Employment Discrimination Suit Settled for $2.5 Million
    Minneapolis, MN: A tentative settlement is set to be approved in a discrimination class action brought by Latino employees against Mulcahy Inc., a major commercial construction company. The suit alleges that the construction company and its owner, Gary Mulcahy, discriminated against the workers based on their race and national origin, paying them l...
  • $4M Preliminary Settlement Reached with Polo Ralph Lauren Employees
    San Francisco, CA: A $4 million settlement has been preliminarily approved by a federal judge, which could end a wage and hour class action brought against Polo Ralph Lauren by 6,700 former California employees. The four-year old lawsuit alleges that the high-end fashion retailer denied employees rest breaks and contained them for as long as 30 m...
  • Ex cable execs pay $1.6 million settlement in fraud lawsuit.
    Concord, NH: (Mar-12-08) The US Securities and Exchange Commission (SEC) brought civil securities fraud charges against Riverstone Networks and Enterasys Networks, two Cabletron Systems spin-offs, alleging that executives inflated revenue when their company spun off from Cabletron in 2001. As part of a settlement reached in the case, six Riverstone Netwo...
  • Cruise lines pay $21 million settlement in fuel charges suit.
    Miami, FL: (Mar-10-08) The Florida Attorney General's Office filed a lawsuit against Royal Caribbean Cruise Lines and Celebrity Cruises, alleging that they wrongly began charging retroactive fuel supplement charges in mid-2007. The suit was filed after the Attorney General's Office received more than 300 complaints from consumers nationwide, sparking off...
  • Santa Barbara News-Press pays $140,000 settlement in overtime suit.
    Santa Barbara, CA: (Mar-08-08) Two former newsroom employees, Hildy Medina and Anna Davison, brought a lawsuit against the Santa Barbara News-Press, alleging that the paper had shortchanged them on overtime pay and on meal and rest periods, thereby violating California law. In addition, they also claimed that if, by the end of the year, an employee hadn'...
  • Pharmaceutical companies pay $125 million settlement for inflating prices.
    Boston, MA: (Mar-08-08) A lawsuit was filed by consumers and insurance companies against nine leading pharmaceutical companies, including healthcare companies Abbott Laboratories (ABT) and Watson Pharmaceuticals (WPI), over the Average Wholesale Price or AWC of certain prescription drugs. The suit, filed in 2002, claimed that the companies deliberately i...
  • Qualcomm Settles Patents and Royalties Suit for $891 Million
    The California-based chip maker Qaulcomm has reached a settlement over patent and royalty payments due to a rival California-based chip maker, Broadcom Corp, for a reported $891 million. The settlement will bring to a close 4 years of litigation over allegations by Broadcom that Qaulcomm was misusing its patents to suppress industry competition. Qualco...
  • Jury Awards $200,000 to Couple Who Sued Their Lawyer
    New Jersey: A jury has awarded a husband and wife $200,000 as settlement of their lawsuit brought against their previous lawyer who, they alleged, failed to inform them of a settlement offer at a previous jury trial of their medical malpractice suit. Karen and Gary Oliver had engaged Gerald Stockman in a medical malpractice case that resulted in a $3...
  • Questar settles 7-figure natural gas explosion lawsuit.
    Saratoga Springs, NY: (Mar-05-08) Greg Roper, a Saratoga Springs man, brought a lawsuit against Questar Gas, after his wife died in an explosion. The wrongful death lawsuit stated that a gas leak caused an explosion in their home in 2007, killing Roper's wife, April,and Questar employee Larry Radford. Investigations revealed that the explosion occurr...
  • Settlement Reached in Neurontin Suicide Suit
    New York, NY: A wrongful death suit filed on behalf of a retired minister who committed suicide just two months after starting treatment with Pfizer's epilepsy medication, Neurontin, has reached settlement prior to going to trial. The details of the settlement have not been made public. Neurontin was prescribed to Richard Smith by his doctor, in...
  • Railroad Safety, CSX Corp. pays $349,265 civil penalty in federal safety regulations violation lawsuit.
    New York, NY: (Jan-03-08) The federal government filed charges against CSX Corp., alleging that the railroad company violated several federal rail safety regulations. The suit was filed after transportation officials found the violations during an inspection of CSX track in January 2007 after a number of train accidents and other incidents from November 20...
  • Town of Alton agrees to pay former police chief $10,000 wrongful termination settlement
    Alton, NH: (Mar-02-08) Kevin Iwans, a former police chief, brought charges against the town of Alton, alleging that he was wrongly terminated. The year-long legal battle between the chief and the town stemmed from he being suspended in November 2006 and fired in January 2007, while town officials investigated alleged misconduct. In a recent development in...
  • PDG to pay American Dental Partners $19 million settlement
    Wakefield, MA: (Mar-02-08) American Dental Partners, Inc., one of the nation's leading business partners to dental group practices, recently announced that it has entered into a Definitive Settlement Agreement and related agreements effective Feb. 29, 2008 to complete the transactions contemplated by the previously announced Dec. 26, 2007 Settlement Agreem...
  • PriceWaterhouseCoopers agrees to pay $30 million settlement
    Spokane, WA: (Mar-02-08) The Metropolitan Mortgage & Securities Co. investors' trust had brought charges against PriceWaterhouseCoopers LLC, accusing the accounting firm of having a hand in the financial conglomerate's downfall. The suit stated that PriceWaterhouseCoopers made several accounting mistakes that played a large part in the Spokane company's de...
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