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.

  • Troops Win $2.3M in Citibank Student Loan Settlement
    Troops Win $2.3M in Citibank Student Loan Settlement
    September 14 2012

    Washington, DC: Citibank and The Student Loan Corporation have agreed to pay $2.3 million to settle a student loan class action lawsuit brought by a National Guard officer from Minnesota and thousands of other troops. Under the...

  • Family Dollar Reaches Preliminary $14M Unpaid Overtime Class Action Settlement
    Family Dollar Reaches Preliminary $14M Unpaid Overtime Class Action Settlement
    September 13 2012

    Mathews, NC: A preliminary settlement has been reached in the unpaid overtime class action pending against the retailer Family Dollar. The lawsuit is brought by over 1,700 New York store managers who allege they are owed overtime wages. The...

  • $5M Settlement Proposed in IndyMac Bancorp Securities Class Action
    $5M Settlement Proposed in IndyMac Bancorp Securities Class Action
    September 12 2012

    Los Angeles, CA: Pursuant to Rule 23 of the Federal Rules of Civil Procedure and Order of the Court, that Tripp v. IndyMac Bancorp, Inc. being tried in the United States District Court for the Central District of California, Western Division, No...

  • Toshiba Settles LCD Antitrust Class Action for $30M
    Toshiba Settles LCD Antitrust Class Action for $30M
    September 11 2012

    San Francisco, CA: Toshiba Corporation announced today that it has settled claims of alleged antitrust violations in the LCD business brought by direct purchasers of LCD panels and certain products containing such panels. Toshiba will pay US$30...

  • $2.3M Settlement Proposed in New Balance Toning Shoes Class Action Lawsuit
    $2.3M Settlement Proposed in New Balance Toning Shoes Class Action Lawsuit
    September 4 2012

    Los Angeles, CA: A proposed $2.3 million class action settlement has been reached involving New Balance Toning Shoes. The consumer fraud lawsuit claims that New Balance violated certain state laws regarding the marketing and sale of its Toning...

  • Janssen Pharmaceuticals Reaches $181M Risperdal Settlement
    Janssen Pharmaceuticals Reaches $181M Risperdal Settlement
    September 3 2012

    Titusville, NJ: Janssen Pharmaceuticals, Inc., a Johnson & Johnson company, has reached a settlement and consent decree with 36 states and the District of Columbia regarding previously disclosed allegations related to promotional and marketing...

  • Citigroup Agrees $590M Securities Lawsuit Settlement
    Citigroup Agrees $590M Securities Lawsuit Settlement
    August 31 2012

    New York, NY: Citigroup has agreed a securities class action settlement involving a $590 million payout to shareholders who alleged they had been misled about the bank's exposure to subprime mortgage debt before the financial crisis. Filed in...

  • $40 Million Settlement reached in Insurance Fraud Lawsuit
    $40 Million Settlement reached in Insurance Fraud Lawsuit
    August 27 2012

    St. Louis, MO: A settlement has been reached between Pettett Funeral Home individually and Merrill Lynch, Pierce, Fenner & Smith, Inc., et al. totaling more than $40,000,000. The consumer fraud class action (In the United States Disctrict Court for...

  • $40M Settlement Approved in Healthcare Consumer Fraud Lawsuit
    $40M Settlement Approved in Healthcare Consumer Fraud Lawsuit
    August 14 2012

    New York, NY: Final approval of a consumer fraud class action settlement in Smith, et al v. Collinsworth, et al. has been obtained on behalf of approximately 48,000 consumers who were sold a limited benefit health insurance policy and a...

  • $2.86 Million Settlement Awarded in Asbestos Lawsuit
    $2.86 Million Settlement Awarded in Asbestos Lawsuit
    August 2 2012

    New Castle, DL: A Delaware jury has awarded a $2.86 million verdict to the family of Michael Galliher, who died from asbestos mesothelioma. The lawsuit was filed against RT Vanderbilt In re Asbestos Litigation Michael Galliher, No. 10C-10-315...