LAWSUITS NEWS & LEGAL INFORMATION
Search Results for
Sort by date 7,426 pages found matching settlement- Kelly Girl Settles Wage & Hour Class Action for $11 Million
An $11 million settlement in a wage and hours class action filed against the temporary staffing company Kelly Girl has been approved by a federal judge. The class action includes some 96,000 temporary workers, making it one of the largest class actions to take place in Illinois. The suit against Kelly Girl alleged that workers were shorted on va... - American International Group Inc. Mortgage Assessment Settlement
Washington, DC: (Jun-26-07) The Office of Thrift Supervision (OTS) brought charges against American International Group Inc., over how to manage sub prime loans. The charge created a model for how one underwrites such risky assets. The OTS stated that the suit created a model that helped institutions focus on appropriate factors when assessing whether a bo... - Proposed Dana Corp. Employee Retirement Settlement
Toledo, OH: (Jun-21-07) Dana Corp., a bankrupt Toledo auto parts producer, and its two largest unions have been embroiled in a legal battle over retiree health care programs. Dana Corp. is close to a settlement that would eliminate its $1.5 billion obligation for retiree health care but would avert a catastrophic benefit cutoff for union retirees. As part... - MidAmerican Energy Holdings Co. and El Paso Corp. Western Energy Crisis Settlement
Washington, DC: (Jun-21-07) The US Federal Energy Regulatory Commission (FERC) filed lawsuits against MidAmerican Energy Holdings Co. and El Paso Corp., alleging that the energy companies charged unfair prices during the Western energy crisis of 2000 and 2001. In a settlement reached, MidAmerican's PacifiCorp unit agreed to pay $27.9 million to resolve all... - Franciscan Friars of California Pedophile Priests Settlement
Los Angeles, CA: (Jun-21-07) In a landmark court decision, a Los Angeles County judge ruled the state's interest in protecting minors from pedophile priests trumped the laws safeguarding the confidentiality of employee records. The ruling stemmed from a lawsuit filed by 25 molestation victims against the Franciscan Friars of California, alleging that they... - New York, NY City Laborers Wage Settlement
New York, NY: (Jun-21-07) Neron Banks and other laborers in Local 376, who work for the city Department of Environmental Protection as well as the Sanitation, Transportation and Education departments filed repeated complaints against the city of New York, alleging that their hourly wages were significantly less than their peers in the private sector. ... - Family Dollar Stores Inc. Back Dated Stocks Settlement
Washington, DC: (Jun-22-07) A stockholder derivative lawsuit was filed against discount store chain Family Dollar Stores Inc., accusing the company of backdating stock options. Family Dollar was one of more than 100 companies which launched internal reviews into their stock options practices. The probes centered on backdating, which occurs when a stock opt... - Jeffrey McMahon Enron CFO Fraud Settlement
Washington, DC: (Jun-21-07) The US Securities and Exchange Commission brought charges against Enron's former chief financial officer, Jeffrey McMahon, alleging that he helped the company commit fraud. McMahon, who has been the president of Houston-based Zilkha Biomass Energy since 2004, neither admitted nor denied the Securities and Exchange Commission all... - Target Settles Personal Injury Suit for $7M
Department store owner and operator, Target Corporation, (Target), as well as a prominent mechanical door manufacturer, have agreed to pay $7 million to an 81 year-old woman injured when an automatic door at the Target store in Rosemont, Illinois, malfunctioned and knocked her to the ground. It is a record settlement in Cook County, Illinois, for a brain inj... - Everest Reinsurance Co & Mt. McKinley Insurance Co. Federal-Mogul Asbestos Claims Settlement
Southfield, MI: (Jun-20-07) Federal-Mogul Corp. filed a lawsuit against two of its insurers, Everest Reinsurance Co. and Mt. McKinley Insurance Co., over coverage for asbestos damages. The nearly six-year long legal battle ended after several months of negotiations with the insurers, Cooper Industries LLC, the asbestos claimants committee, and the legal repr... - Injured Teen Awarded $14 Million
A 13-year old boy who suffered an ischemic stroke, and resulting aphasia and behavioral problems, has won his lawsuit against the school district and the gym teacher, alleging that they were responsible for his injury and resulting health issues. The boy was injured during a game of dodgeball, when he was hit in the head by a volleyball thrown by a fe... - Target, National Federation of the Blind Settle Class Action for $6 Million
The National Federation of the Blind (NFB) and Target announced Wednesday that they have settled a class action lawsuit regarding access to the Target.com Web site by blind people. As part of the settlement, Target will establish a $6 million fund from which members of the California settlement class can make claims. In addition, the National Federation... - Citibank to Repay $14 Million to Credit Card Customers
Citibank has agreed to pay more than $14 million to 53,000 of its national credit card customers, and $3.5 million to the State of California, as settlement of an outstanding lawsuit. The suit alleged that the bank used a computer program to sweep customers' accounts of money as payment on their cards, without notifying their customers. This resulted i... - First Montauk Financial Corp. Okun Merger Termination Refund Settlement
Newark, NJ: (Jun-18-07) Edward Okun terminated a merger agreement that he and his affiliated companies had entered into with First Montauk Financial Corp. Four separate lawsuits arising out of the termination of the merger agreement were filed in December 2006. In a settlement reached between the parties, both agreed to exchange general releases and... - PPL Electric Utilities Tariff Settlement
Pittsburgh, PA: (Jun-18-07) A recent settlement reached with the Pennsylvania Public Utility Commission (PUC) holds promise of a revision that would decrease electric bill rates for businesses, though residential customers would see a hike. Industrial and commercial customers of PPL Electric Utilities filed an appeal with a Commonwealth Court, contending t... - JAMM Realty Corp. Developer Zoning Dispute Settlement
Cherry Hill, NJ: (Jun-17-07) Cherry Hill residents Gregory Bruno, Anne Einhorn, and Patricia Talcott filed suit against JAMM Realty Corp., a Central Jersey developer, over capital improvements to the township's 19 public schools. The suit sought to overturn a use variance the board granted the developer in 2006. The variance let the company build a maximum... - Travis County offers 72-year old Woman $40k to Settle Taser Suit
Kathryn Winkfein, a 72-year-old woman from Travis County,Texas, has been offered a $40,000 settlement from the county in response to a tasering lawsuit she filed. The taser episode was captured on video and widely distributed throughout the country. Winkfein had allegedly been tasered by a deputy constable after she dared him to use the taser during a t... - Washington State Reaches Settlement in Child Care Workers Class Action
Washington State has reached a settlement in a class action suit brought by 7,000 child-care providers. The lawsuit stemmed from a mass raid by the Department of Social and Health Services in 2002 on more than 50 Latina provides in Mattawa. The financial settlement is approximately $2 million, to be divided among the 30 Mattawa child-care providers,... - Darren Mack Divorce Settlement
Reno, NV: (Jun-14-07) Darren Mack, who was embroiled in a bitter divorce suit with wife Charla Mack and who was accused of murdering her, has been ordered by the court to pay more than $1 million to the estate of his late wife. Darren and Charla Mack were in the middle of their divorce when they met with Judge Chuck Weller in January 2006 to discuss a pos... - Tenative Class Action Settlement Could Cost Indiana State $8.5 Million
A proposed settlement of a class action suit filed by Indiana State employees, which alleges discrepancies in standard working hours, could cost the state $8.5 million. The proposed settlement could affect up to 15,000 employees who worked for the state between 1973 to 1993. The class action suit was originally filed nearly 15 years ago. Unresolved iss...