Class Action Legal News articles include legal news and lawsuit information about lawsuits filed, settlements reached and verdicts rendered in class action cases dealing with personal injury, defective products, bad drugs and other consumer law related news issues. Many of these articles include interviews from top legal professionals with guidance on legal recourse options from losses resulting from bad drugs, medical malpractice, investment fraud, personal injury, defective products and negligent employers.
On February 14, 2008, the Middlesex Superior Court approved an Order for Settlement and Final Judgment in the class action case of Rev. H. Bowen Woodruff et al. v. Niles Company, Inc. et al., Civil Action No. 05-03225, which resolved the unlawful charging of finder's fees to Cambridge tenants by an unlicensed real estate agent working for The Niles Company, Inc.
New York, NY: The day after the Bear Stearns bailout was announced at the fire sale price of $2 a share, some longtime Bear Stearns employees were seen in the hallways crying. A third of Bear Stearns employees are also shareholders, and suddenly faced losing their life savings if Bear Stearns fails, or is actually sold at such a low price.