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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.

  • Citizens Settles Last of Katrina and Rita Insurance Class Actions for $61M
    Citizens Settles Last of Katrina and Rita Insurance Class Actions for $61M
    September 14 2012

    Baton Rouge, LA: Louisiana Citizens Property Insurance Corp will pay $61 million to settle long-running insurance lawsuits stemming from insurance claims made after hurricanes Katrina and Rita. The settlement will include caps of $4,500 per claim...

  • 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 Servicemembers'...

  • $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...

  • $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...

  • $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...

  • Visa, MasterCard Agree $7.2 Billion Settlement in Price-Fixing Class Action
    Visa, MasterCard Agree $7.2 Billion Settlement in Price-Fixing Class Action
    July 16 2012

    New York, NY: A preliminary $7.2 billion settlement has been agreed by credit card giants MasterCard Inc, and Visa Inc, making it the largest antitrust settlement in US history. The settlement, if approved, would resolve lawsuits brought as far...

  • Wells Fargo to Pay $175M for Discriminatory Lending Practices
    Wells Fargo to Pay $175M for Discriminatory Lending Practices
    July 12 2012

    New York, NY: A $175 million settlement has been agreed by Wells Fargo in a discrimination action brought against the nation's largest residential home mortgage originator by the Department of Justice (DOJ). The DOJ alleged Wells Fargo...

  • Proposed Settlement of ETRADE Securities Lawsuit
    Proposed Settlement of ETRADE Securities Lawsuit
    July 9 2012

    New York, NY: To all persons and entities who purchased or otherwise acquired the securities of E*TRADE Financial Corporation between April 19, 2006 and November 9, 2007, both dates inclusive: This Summary Notice is given pursuant to Rule 23...

  • Proposed $6.5M Settlement in IndyMac Securities Lawsuit
    Proposed $6.5M Settlement in IndyMac Securities Lawsuit
    July 9 2012

    New York, NY: A securities class action lawsuit brought against the now defunct IndyMac Bancorp looks as if it might be settled, as some leaders of the bank have agreed to pay $6.5 million for dismissal of the claims against them. Former...

  • Rite Aid To Settle Unpaid Overtime Lawsuit for $21M
    Rite Aid To Settle Unpaid Overtime Lawsuit for $21M
    July 3 2012

    Scranton, PA: An unpaid overtime class action lawsuit brought against Rite Aid Corp by its employees, looks likely to be settled, as the company has agreed to pay up to $20.9 million in a settlement of the federal class action. The lawsuit was...

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