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.

  • Pfizer Settles Chantix Suicide Lawsuit
    Pfizer Settles Chantix Suicide Lawsuit
    October 19 2012

    New York NY: A settlement has been reached in a lawsuit against Pfizer and its anti-smoking drug Chantix. The settlement, the details of which remain confidential, was reached just prior to the case going to trial. The lawsuit was brought by the...

  • Morgan Keegan Agrees $62M Settlement in Investment Fraud Class Action Lawsuit
    Morgan Keegan Agrees $62M Settlement in Investment Fraud Class Action Lawsuit
    October 19 2012

    New York, NY: Morgan Keegan & Co. Inc. has agreed to pay $62 million as part of a preliminary settlement of a securities class action involving more than 10,000 nationwide clients. The Commercial Appeal reports the terms of the settlement won't...

  • Electronic Arts Reaches Preliminary $27M Settlement in Madden NFL Class Action Lawsuit
    Electronic Arts Reaches Preliminary $27M Settlement in Madden NFL Class Action Lawsuit
    October 15 2012

    Los Angeles, CA: A proposed $27 million settlement has been reached in an antitrust class action lawsuit pending against Electronic Arts. The settlement, if approved, will apply to anyone who purchased a new copy of an EA Madden NFL, NCAA Football...

  • $26M Settlement Proposed in Nationwide Securities Lawsuit
    $26M Settlement Proposed in Nationwide Securities Lawsuit
    October 12 2012

    New York, NY: Nationwide has agreed to pay $26 million to settle a securities class action lawsuit related to the merger with Harleysville Insurance. The consolidated class action and derivative lawsuit resulted from the merger of Nationwide Mutual...

  • Pfizer Settles Celebrex Securities Lawsuit for $164M
    Pfizer Settles Celebrex Securities Lawsuit for $164M
    October 10 2012

    New York, NY: Pfizer Inc, has agreed to pay $164 million in settlement of a securities class action lawsuit brought over allegations that it misprespresented results from clinical trials of Pharmacia's arthritis drug Celebrex. Pfizer...

  • Astra Zeneca Proposes Settlement in Nexium Class Action Lawsuit
    Astra Zeneca Proposes Settlement in Nexium Class Action Lawsuit
    October 9 2012

    Boston, MA: A proposed settlement has been reached in a consumer fraud class action lawsuit against Astra Zeneca alleging deceptive marketing practices around their anti-heartburn medication Nexium. In their lawsuit, entitled Commonwealth Care...

  • Carfax Consumer Fraud Class Action Settlement Reached
    Carfax Consumer Fraud Class Action Settlement Reached
    October 2 2012

    Los Angeles, CA: A settlement has been reached the consumer fraud class action lawsuit against Carfax that alleges the company violated consumer protection laws. The lawsuit, entitled Davis, et al. v. Carfax, Inc., alleges Carfax and a related...

  • Merck Reaches Preliminary Settlement in Coppertone False Advertising Lawsuit
    Merck Reaches Preliminary Settlement in Coppertone False Advertising Lawsuit
    September 26 2012

    New York, NY: A consumer fraud class action lawsuit regarding Merck & Co’s Coppertone franchise has reached a preliminary settlement, with Merck agreeing to pay between $3 million and $10 million. The lawsuit, which was filed in 2003, alleges...

  • Batali Settles Del Posto Employment Class Action for $1.15M
    Batali Settles Del Posto Employment Class Action for $1.15M
    September 25 2012

    New York, NY: An employment class action lawsuit against Batali's New York City eatery Del Posto has been settled, lawyers for the plaintiffs announced this week. The lawsuit, brought in 2010 by 31 employees working at the restaurant, alleged the...

  • $24.15M Settlement Reached in Sallie Mae Cell Phone Text Message Class Action Lawsuit
    $24.15M Settlement Reached in Sallie Mae Cell Phone Text Message Class Action Lawsuit
    September 25 2012

    Seattle, WA: A class action lawsuit settlement has been agreed between student loan borrowers and a subsidiary of SLM Corp. The lawsuit (Mark A. Arthur, et al. v. Sallie Mae Inc., No. 10-0198, W.D. Wash.), claimed the subsidiary violated the...