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  • Debt Settlement, Wavefire.com Inc. pays over $1 million settlement
    Calgary, Alberta: (Oct-16-07) Wavefire.com Inc. officials stated that the company had entered into a debt settlement agreement pursuant to which the principal amount of $1,726,096.00 owed to a related party. The settlement was reached after the issuance, as fully paid and non-assessable, of 9,798,010 common shares of Wavefire to the related party at a pric...
  • $895 Preliminary Settlement Approved for UnitedHealth Group Securities Class Action
    $895 Preliminary Settlement Approved for UnitedHealth Group Securities Class Action A preliminary settlement has been approved in the stock options lawsuit against UnitedHealth Group Inc, for $895 million. The settlement details of the securities class action would also have former CEO William McGuire pay $30 million and former general counsel Da...
  • Dry Cleaning Solvents, Vulcan Materials Co. pays city of Modesto $20 million settlement for groundwater contamination
    Modesto, CA: (Oct-13-07) The city of Modesto brought charges against businesses that supplied and used dry cleaning solvents that leaked into groundwater. The suit, filed in 1998, included allegations against Vulcan Materials Co., an Alabama construction materials company. As part of a settlement reached, Vulcan agreed to pay Modesto $20 million to s...
  • Unethical Insurer, Insurer HealthMarkets pays settlement for policy coverage
    New York, NY: (Oct-10-07) The Massachusetts attorney general's office brought charges against Insurer HealthMarkets, alleging that an investigation revealed that the insurer engaged in unethical business practices in Delaware. The company, which covers 650,000 people in 44 states, has long been a focus of regulators, often about questions of whether its ag...
  • Tribe Ancestors, State of Washington pays $2.5 million settlement for reburying remains
    Port Angeles, WA: (Oct-08-07) The Lower Elwha Klallam tribe brought a lawsuit against the state of Washington over reburying the remains of more than 330 ancestors. The suit claimed that the state was responsible for the failure of the Hood Canal Bridge grave yard project in Port Angeles, which in turn disrupted the graves. As part of a settlement reached...
  • Woman Awarded $500K in Gym Accident
    Miami, FL: A $503,399 settlement has been awarded to Dawn Beauchamp who sustained lower back injuries when the bench she was using at a Gold's Gym collapsed. Beauchamp, then 42, was performing curls at the gym while seated on an adjustable bench when it collapsed. Beauchamp claimed the gym failed to properly maintain the seat, resulting in a lum...
  • Tyson Foods Settles Consumer Class Action
    Baltimore, MD: A $5 million settlement in the consumer class action brought against Tyson Foods Inc, was approved Tuesday in Baltimore. The suit was brought over Tyson's controversial advertising campaign which stated that its chickens were "Raised Without Antibiotics." According to media reports, Tyson's chicken feed contains ionophores, which are...
  • Mud Slide, Family awarded $85,000 after a mud slide damaged their home
    Penn Hills, PA: (Oct-03-07) The Colaizzi family brought a lawsuit against Penn Hills after their house was destroyed by mud that slid from municipal property. The suit stated that the family had lived there for 27 years, but had to demolish the house after local officials declared it uninhabitable because of the damage. Forty tons of dirt and trees hit Den...
  • Garage Settles for $225K
    Warren County, NY: A man who suffered serious injury as a result of a brake job on this vehicle, will receive $225,000 as an out-of-court settlement from the garage that did the repair. In 2005, Gregory Perkins had a special brake system installed in his car that would make it more suitable for mail delivery. However, a brake cable allegedly malfunc...
  • Illegal Spy Ware, ERG Ventures LLC pays FTC $330,000 fine for installing Media Motor onto 15 million computers
    Reno, NV: (Oct-01-07) The US Federal Trade Commission (FTC) brought a lawsuit against ERG Ventures LLC, alleging that the Nevada company distributed hidden spy ware in other software that consumers could download for free. The FTC accused ERG of distributing spy ware that infected 15 million computers. The company tricked consumers into downloading spy war...
  • Priest Abuse, Catholic Diocese of Kansas City pays $225,000 settlement for negligence and abuse
    Kansas City, MO: (Sep-26-07) Frank Scheuring, a 47-year old Independence man brought a lawsuit against Francis E. McGlynn, a former Roman Catholic priest, alleging that the priest sexually abused him in the 1970s. Scheuring was 11-years-old when he confided during confessional that a neighbor was sexually abusing him. Instead of intervening, the suit alleg...
  • $26 Million Debt Settlement, Cardima, Inc. pays Apix International Ltd.
    Fremont, CA: (Sep-19-07) Apix International Limited brought claims against Cardima, Inc., developer of the REVELATION® Tx, REVELATION® T-Flex ablation microcatheters and INTELLITEMP® Energy Management Device, over a debt settlement. In a settlement reached, Cardima, Inc. agreed to repay all outstanding debt obligations to Apix International, and repurch...
  • $12 Million Settlement Approved in Air France Class Action
    Toronto, Canada : A $12 million settlement has been approved in the class action suit brought against Air France by 184 passengers involved in an accident at Toronto's Pearson Airport in August 2005. The Air France flight 358 from Paris arrived in Toronto during a severe thunderstorm, which battered the plane just as it landed. The Airbus A340 jet ove...
  • CertainTeed Reaches Preliminary $400M to $600M Settlement in Defective Shingles Class Action
    Minneapolis, MN: A nationwide class action settlement received preliminary approval by Judge Louis Pollak, US District Court Judge for the Eastern District of Pennsylvania, to make payments to tens of thousands of homeowners across the U.S. and Canada whose roofs have been adversely affected by defective organic shingles manufactured by CertainTeed Corpor...
  • $2.2 Million Arbitration Award Issued Against UBS in Case Involving Lehman "Principal Protected" Notes
    New York, NY: A $2.2 million settlement was recently awarded in a FINRA arbitration against UBS Financial Services, Inc. -- the latest in a series of pro-investor rulings against UBS in cases involving Lehman Brothers "Principal Protected" Notes. The award in the case, Motamed v. UBS Financial Services, Inc., FINRA Case No. 09-02087, was issued i...
  • Sprint Nextel Corp and AT&T Corp. Subsidized Phone Antitrust Class Action Settlement
    Kansas City, KS: (Sep-12-07) A class action lawsuit was brought against Sprint Nextel Corp. and AT&T Corp., alleging that the two companies overcharged customers for assessments that help pay for subsidized phone services. Records show that the five-year-old antitrust case comprises dozens of class action lawsuits that were filed nationwide and eventually...
  • Settlement Gets Preliminary OK in Countrywide Class Action
    Louisville, KY: A settlement has been granted preliminary approval by a federal judge in the class action pending against Countrywide Financial - now owned by Bank of America - and millions of customers who suffered a security breach of their detailed personal financial information. According to reports, the terms of the settlement would see Countryw...
  • Lawrenceville, GA Inmate Taser Wrongful Death Settlement
    Lawrenceville, GA: (Aug-16-07) The family of Ray Charles Austin filed a Taser related wrongful death lawsuit against three Gwinnett County officials, alleging that Austin died in September 2003 after being shocked repeatedly with a Taser at the Gwinnett County Jail. The jail records show that Austin, 25, had been in a fight in which he bit off part of a de...
  • Clarksville, TN Police Detectives' Resignation Settlement
    Clarksville, TN: (Sep-05-07) Clarksville Police Detectives Tony Blakely and Kenneth Austion brought four lawsuits against the police department on various counts, including racial discrimination and a hostile work environment. Following a vote by the city Finance and Administration Committee, both Blakely and Austion agreed to resign from the Clarksville P...
  • Tentative Settlement Pending in Comverse Technology Class Action
    New York, NY : A settlement that would bring to a close the securities class action against the software maker Comverse Technology is pending court approval. The expected settlement sum is between $150 and $300 million. The class action stemmed from civil charges brought by the US Securities and Exchange Commission, that former executives, primarily Ja...
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