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: 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...

  • Settlements and Verdicts: Taft Correctional Institution.
    Settlements and Verdicts: Taft Correctional Institution.
    September 14 2004

    A tentative settlement has been reached in the class action lawsuit filed on behalf of approximately 1,600 current and former employees who worked at the facilities between December of 1997 and July of 2004. The suit alleged that accused...

  • Settlements and Verdicts: Union Pacific Railroad.
    Settlements and Verdicts: Union Pacific Railroad.
    September 14 2004

    Union Pacific Railroad. A $65 million settlement has been approved in the class action lawsuit filed on behalf of more than 12,000 plaintiffs who were affected by a train derailment in Eunice, Louisiana. Nearly 4,000 residents were evacuated...