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.

  • Advance America Settles Class Action
    Advance America Settles Class Action
    February 9 2009

    Advance America, Cash Advance Centers, Inc. (NYSE: AEA) today announced that it has settled a class action lawsuit in Georgia that resolves all claims against the Company in connection with originating, marketing, or servicing any loan in that...

  • LA Settles LAPD Brutality Class Action
    LA Settles LAPD Brutality Class Action
    February 5 2009

    Los Angeles City Council has voted to settle a class action lawsuit against the Los Angeles Police Department, for $13 million. The suit alleged officer misconduct during the May Day peaceful immigrant demonstration, in which dozens of people were...

  • Newmont Mining Settles Toxic Spill Class Action
    Newmont Mining Settles Toxic Spill Class Action
    February 4 2009

    The town of Grass Valley, in Denver, will receive $4 million as settlement of a 5-year old class action suit it launched against Newmont Mining. The suit alleged that the mining company sent massive amounts of toxic water into the city's...

  • Listeriosis Class Action Settled for $27 Million
    Listeriosis Class Action Settled for $27 Million
    February 3 2009

    A $27 million settlement has been reached between Maple Leaf Foods of Canada, and the plaintiffs in a class action suit. The suit, brought against the food producer in 2008, stemmed from a nationwide listeria outbreak which killed at least 20...

  • $2 Million Settlement in LJ International Class Action
    $2 Million Settlement in LJ International Class Action
    February 3 2009

    A lawsuit filed against LJ International in 2007 has been tentatively settled, based on agreement in which the Hong Kong based jewellery company will create a $2 million settlement fund for the plaintiffs in the class. The class includes any...

  • $20 Million Settlement Proposed in VA Data Theft Class Action
    $20 Million Settlement Proposed in VA Data Theft Class Action
    January 28 2009

    $20 Million Settlement Proposed in VA Data Theft Class Action A $20 million settlement has been proposed between the Veterans Affairs Department and veterans over the uncontrolled exposure of the veterans' personal information, and potential...

  • Apple Agrees $22.5 Million iPod Nano Settlement
    Apple Agrees $22.5 Million iPod Nano Settlement
    January 23 2009

    A 22.5 million settlement has been reached in the Apple iPod nano class action. The suit, which dates back to 2005, alleged that the devices scratched too easily. Cash payments to plaintiffs will likely not exceed $25 per person. The settlement...

  • Settlement Proposed in Himax Class Action
    Settlement Proposed in Himax Class Action
    January 23 2009

    Himax Technologies, Inc. ("Himax" or "Company") (Nasdaq:HIMX) has announced that it has entered into a formal stipulation of settlement to settle a shareholder class action lawsuit pending against it and various officers and directors in the Central...

  • US Reality TV Shows Reach Tentative Settlements
    US Reality TV Shows Reach Tentative Settlements
    January 22 2009

    More than 400 workers who filed 2 class action lawsuits against several major television networks and producers of reality shows could benefit from a tentative settlement of $4 million, if approved. The suits alleged that the networks and...

  • Merrill Lynch Agrees a $475 Million Settlement with Ohio Teachers
    Merrill Lynch Agrees a $475 Million Settlement with Ohio Teachers
    January 19 2009

    A $475 million settlement has been agreed between Merrill Lynch & Co and the Ohio Teachers' over losses the teachers sustained to their pension fund. The suit alleged that the investment company had, in statements on collateralized debt...