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. Lawyers click here to submit your settlements and verdicts to have them published for free.

  • Evergreen Settles Securities Allegations for $40 Million
    Evergreen Settles Securities Allegations for $40 Million
    June 8 2009

    Evergreen Investment Management Co. and an affiliate have agreed to pay $40 million to settle allegations of securities-law violations. The settlement will be distributed to Ultra Fund shareholders. The Securities and Exchange Commission had...

  • Bausch & Lomb Lens Cleaner Settlements Top $250 Million So Far
    Bausch & Lomb Lens Cleaner Settlements Top $250 Million So Far
    June 1 2009

    Bausch & Lomb has reportedly settled almost 600 lawsuits stemming from antifungal infections caused by their lens cleaner ReNu with MoistureLoc. While there are dozens more lawsuits pending, the Associated Press reports, the cost so far is upward of...

  • Expedia Ordered to Pay Consumers $184 Million Settlement
    Expedia Ordered to Pay Consumers $184 Million Settlement
    June 1 2009

    A King County Superior Court judge ruled on May 28 that Expedia, the world's leading online travel booking site, must pay $184 million for repeatedly breaching its contractual obligations to consumers by charging service fees under false pretenses...

  • Tyson Foods Settles 7 Year Class Action
    Tyson Foods Settles 7 Year Class Action
    May 28 2009

    Food banks across Illinois will benefit from the recently announced settlement of the Tyco Foods class action, as they will receive about 1.7 million pounds of chicken as a result of unclaimed settlement funds. The suit, filed 7 years ago...

  • $20 Million Settlement Proposed in Google AdWords Class Action
    $20 Million Settlement Proposed in Google AdWords Class Action
    May 22 2009

    A settlement in the Google AdWords class action has been preliminarily approved for $20 million. The class action alleges claims against Google for breach of contract, unfair competition, and false advertising, based on Google's practice of...

  • NaviSite Settles Class Action for $1.67 Million
    NaviSite Settles Class Action for $1.67 Million
    May 20 2009

    Final approval has been arranged by a federal judge in Baltimore, for the settlement of a class action lawsuit against the web host company NaviSite Inc. The settlement is for a reported $1.67 million to be split between 5,500 of the company's...

  • Tyco Settles with Michigan State for $24.5 Million
    Tyco Settles with Michigan State for $24.5 Million
    May 20 2009

    Tyco International has reached a settlement with Michigan state over losses associated with state pension funds. The settlement reached is for $24.5 million. The Attorney General had originally sued for $50 million based on losses incurred after...

  • Jackson National Life Insurance Settles Class Action for $22 Million
    Jackson National Life Insurance Settles Class Action for $22 Million
    May 15 2009

    A class action suit against Jackson National Life has reached a settlement of $22 million. The suit was filed by George Farmer in 2002, over the company's fixed annuity policies and the methods it used to set interest rates for new premiums and...

  • Goldman Sachs Agrees $60 Million Subprime Settlement in Massachusetts
    Goldman Sachs Agrees $60 Million Subprime Settlement in Massachusetts
    May 15 2009

    A settlement has been agreed by Goldman Sachs Group (GSG) Inc., in the litigation over subprime mortgages and the packing of securities, which was the basis of the US housing market collapse. Under the terms of the agreement, GSG will pay $50...

  • Wachovia to Pay $39 Million in Proposed Settlement of Stock Broker Overtime Class Action
    Wachovia to Pay $39 Million in Proposed Settlement of Stock Broker Overtime Class Action
    May 14 2009

    A preliminary settlement of $39 million was approved this week by a federal judge in California for a class action lawsuit involving some 10,000 stock brokers who allege they were not compensated for overtime and paid other wages owed them by...