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Class Action Lawsuits

Class Action Lawsuits

Filed class action lawsuits seeking claimants. A class action lawsuit is when there is a large group of people who file a complaint against a defendant for similar grievances. The lawsuit is filed on behalf of everyone in the class, that class being a group of people who share similar circumstances, injuries and damages. For example, if there is a food illness class action lawsuit, all plaintiffs in the class would have had the same injury (e.g., salmonella) as a result of eating the same tainted food. A lawyer may file a class action lawsuit on behalf of all injured parties who are seeking compensation from the defendant.

  • Lehman Brothers 100% Principal Protection Notes arbitration
    Lehman Brothers 100% Principal Protection Notes arbitration
    April 15 2011

    New York, NY: Additional securities arbitration claims have been filed against UBS Financial Services (NYSE:UBS) on behalf of investors for losses sustained in Lehman Brothers 100% Principal Protection Notes. These Lehman Notes have also been...

  • Urban Active Faces Proposed Fraud Class Action
    Urban Active Faces Proposed Fraud Class Action
    April 14 2011

    Lexington, KY: Urban Fitness is facing a proposed class action lawsuit over allegations that the fitness centers violate Ohio consumer protection laws and engage in fraud and unfair and deceptive business practices. Specifically, the suit, filed...

  • Celera Corporation
    Celera Corporation
    April 12 2011

    Stevenson, MD: A securities class action has been commenced in the United States District Court for the Northern District of California, Case No. 11-cv-1769, on behalf of all persons who held shares of the common stock of Celera Inc. ("Celera")...

  • Wells Fargo Faces Class Action Over Flood Insurance and Alleged Kickbacks
    Wells Fargo Faces Class Action Over Flood Insurance and Alleged Kickbacks
    April 12 2011

    Pittsburgh, PA: On April 7, 2011, Plaintiff Desiree Morris filed a class action lawsuit against Wells Fargo Bank, N.A. and Wells Fargo Home Mortgage, Inc., in U.S. District Court in the Western District of Pennsylvania. The lawsuit alleges that...

  • China Intelligent Lighting and Electronics, Inc CIL Securities Fraud
    China Intelligent Lighting and Electronics, Inc CIL Securities Fraud
    April 11 2011

    Company: China Intelligent Lighting and Electronics, Inc Ticker Symbol: CIL Class Period: Jun-18-10 to Mar-29-11 Date Filed: Apr-8-11 Lead Plaintiff Deadline: Jun-7-11 Court: Central District of California Allegations: Wilmington...

  • Life Settlement Class-Action Lawsuit Filed Against Life Partners
    Life Settlement Class-Action Lawsuit Filed Against Life Partners
    April 11 2011

    Dallas, TX: A class-action lawsuit has been filed in Ellis County on behalf of Texas investors who say Waco-based Life Partners Inc. charged excessive premiums on the company's so-called "life settlement" policies. Life Partners, a subsidiary...

  • Saxon Mortgage Faces Class Action Over Alleged Illegal Use of HAMP
    Saxon Mortgage Faces Class Action Over Alleged Illegal Use of HAMP
    April 7 2011

    San Francisco, CA: Saxon Mortgage Inc, the mortgage service division of Morgan Stanley, is facing a a potential class action lawsuit alleging that the company uses the Homeowners Affordable Modification Program (HAMP) to attract customers into...

  • American Superconductor Corporation  AMSC Securities Fraud
    American Superconductor Corporation AMSC Securities Fraud
    April 7 2011

    Company: American Superconductor Corporation Ticker Symbol: AMSC Class Period: Nov-2-10 to Apr-5-11 Date Filed: Apr-7-11 Lead Plaintiff Deadline: Jun-6-11 Court: District of Massachusetts Allegations: Boston, MA: A...

  • China Electric Motor Inc, CELM Securities Fraud
    China Electric Motor Inc, CELM Securities Fraud
    April 6 2011

    Company: China Electric Motor Inc, Ticker Symbol: CELM Class Period: Jan-29-10 to Mar-30-11 Date Filed: Apr-5-11 Lead Plaintiff Deadline: Jun-4-11 Court: Central District of California Allegations: New York, NY: A...

  • Forex Capital Markets Faces Fraud Class Action
    Forex Capital Markets Faces Fraud Class Action
    April 6 2011

    Orlando, Fl: A class action lawsuit has been filed against Forex Capital Markets LLC (FXCM), accusing the nation' largest Forex dealer of fraud and racketeering. The lawsuit was filed in the United States District Court for the Southern District...

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