Class Action Settlements

Class Action Settlements

Class action lawsuits that have settled or have proposed settlements. If a class action lawsuit settles, the court will hold fairness hearings to ensure the terms of the settlement are fair to all class members. There are usually two fairness hearings—the first is the "Preliminary Approval" hearing. After that hearing, a Notice of Proposed Settlement is sent out to class members. A Final Fairness Hearing follows at which class members can voice their opinions about the settlement. After that, a deadline is set for class members to submit claims.

  • Settlements and Verdicts: New Horizons Worldwide, Inc.
    Settlements and Verdicts: New Horizons Worldwide, Inc.
    September 14 2004

    A $1.7 million settlement has been reached in the class action lawsuit filed on behalf of all New Horizons' instructors employed at its California company-owned locations. The suit alleged that the plaintiffs were improperly classified as exempt...

  • Settlements and Verdicts: Bristol-Myers Squibb Co.
    Settlements and Verdicts: Bristol-Myers Squibb Co.
    September 14 2004

    A $150 million settlement has been approved in the class action lawsuit filed on behalf of investors who bought the company's common stock in 2000 and 2001. The suit alleged that the company had improperly booked $1.5 billion in revenue in 2000...

  • Settlements and Verdicts: PriceSmart, Inc.
    Settlements and Verdicts: PriceSmart, Inc.
    September 14 2004

    A settlement has been reached in the securities class action lawsuit filed on behalf of persons who held the Company's Series A Preferred Stock during the relevant class periods. There are six remaining federal class action complaints pending...

  • Settlements and Verdicts: Remedia.
    Settlements and Verdicts: Remedia.
    September 14 2004

    A settlement has been reached in three class action lawsuits filed on behalf of Israeli consumers who purchased the company's Super Soya 1 baby formula last year. The suit alleged that the company misled the plaintiffs by failing to inform them...

  • Settlements and Verdicts: Target Corp.
    Settlements and Verdicts: Target Corp.
    September 14 2004

    A $1 million settlement has been reached in the class action lawsuit filed on behalf consumers. The suit alleged that the company it failed to stamp prices on merchandise, which is a violation of Massachusetts State's item-pricing regulation...

  • Settlements and Verdicts: Sony Pictures Entertainment.
    Settlements and Verdicts: Sony Pictures Entertainment.
    September 14 2004

    A $1.5 million settlement has been reached in the class action lawsuit filed on behalf of moviegoers who alleged that they were deceived into seeing certain films due to bogus reviews by a fake critic named David Manning. (Sep-03-04) [PASADENA...

  • Settlements and Verdicts: Farmers Insurance Exchange.
    Settlements and Verdicts: Farmers Insurance Exchange.
    September 14 2004

    A $200 million settlement has been reached in the class action lawsuit filed 2,402 claims adjusters who worked for the company in California. The suit alleged that the company owed the plaintiffs millions of dollars in overtime wages pay dating...

  • Settlements and Verdicts: McDonnell Douglas.
    Settlements and Verdicts: McDonnell Douglas.
    September 14 2004

    An $8.1 million settlement has been reached in the class action lawsuit filed on behalf of more than 1,000 former workers. The suit was filed 10 years ago after the company closed its plant in Tulsa in order to save about $24.7 million in...

  • Settlements and Verdicts: Public Service Electric & Gas.
    Settlements and Verdicts: Public Service Electric & Gas.
    September 14 2004

    A settlement has been reached in the class action lawsuit filed on behalf of hundreds or thousands of Mount Laurel residents. The suit alleged that the existing configuration of natural gas meters was hazardous. (Sep-01-04) [COURIER POST]...

  • Settlements and Verdicts: Station Casinos Inc.
    Settlements and Verdicts: Station Casinos Inc.
    September 14 2004

    A $5.2 million settlement has been reached in the proposed class action lawsuit filed on behalf of approximately 940,000 guests who paid to stay at any Station Casinos hotels from April 1, 2001, through June 7, 2004. The suit alleged that the...