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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.

  • MicroFinancial Inc. Securities Fraud Agreement of Dismissal
    MicroFinancial Inc. Securities Fraud Agreement of Dismissal
    December 13 2006

    Woburn, MA: A securities class action was filed on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of MicroFinancial between February 5, 1999 and October 30, 2002. The case was filed in the...

  • Proposed Pillowtex Corp. Plant Closure Class Action Settlement
    Proposed Pillowtex Corp. Plant Closure Class Action Settlement
    December 13 2006

    Approximately 1,220 non-union workers filed a class action suit against the one time towel and sheet giant after it closed abruptly in July 2003, throwing 7,650 people out of work nationwide. The class action claimed Pillowtex owed workers...

  • Proposed Consolidated Manufacturing Mass Layoff Class Action Settlement
    Proposed Consolidated Manufacturing Mass Layoff Class Action Settlement
    December 13 2006

    A class action lawsuit was filed on behalf of 98 employees alleging the company violated the federal Workers Adjustment and Retraining Notification Act which requires a company to give at least 60 days notice if it plans to lay off 100 or more...

  • Pekin Insurance Co. Improper Reduced Payments Class Action Dismissed
    Pekin Insurance Co. Improper Reduced Payments Class Action Dismissed
    December 13 2006

    A class action lawsuit was filed against the insurance company alleging improper reduced payments for treatment of patients who suffered injuries in accidents. The lawsuit claimed Pekin acts and omissions constituted fraud, civil conspiracy...

  • Tenet Healthcare Corp. Pricing Policies Class Action Denied
    Tenet Healthcare Corp. Pricing Policies Class Action Denied
    December 8 2006

    Boca Raton Community Hospital Inc. tried to obtain class action status against the hospital owner on behalf of nearly all other acute care hospitals in the United States. The lawsuit was filed in US District Court for the Southern District of...

  • CIGNA Corp. Stock Price Class Action Settlement
    CIGNA Corp. Stock Price Class Action Settlement
    December 8 2006

    Harrisburg, PA: The Pennsylvania State Employees' Retirement System filed a class action lawsuit against the insurer and four of its senior executives for allegedly making misleading statements to drive up stock price. The class was filed on...

  • Wynn Las Vegas Card Dealer Tip Pooling Class Action Dismissed
    Wynn Las Vegas Card Dealer Tip Pooling Class Action Dismissed
    December 8 2006

    Las Vegas, NV: A lawsuit was filed and was seeking class action status on behalf of more than 500 card dealers at the Las Vegas strip hotel. The lawsuit was filed in Clark County District Court and claimed a recently implemented tip pooling...

  • Van der Moolen Holding Stock Drop Securities Fraud Class Action Settlement
    Van der Moolen Holding Stock Drop Securities Fraud Class Action Settlement
    December 7 2006

    Amsterdam, Netherlands: A shareholder class action was filed against the trading company for stock drop securities fraud. The class was filed on behalf of all persons who held Van der Moolen Holding stocks between October 18, 2001 and October 15...

  • Dillard's Inc. ERISA Lawsuit Memorandum of Understanding
    Dillard's Inc. ERISA Lawsuit Memorandum of Understanding
    December 7 2006

    Current and former employees filed a class action lawsuit against the retail store alleging violations of the Employee Retirement Income Security Act (ERISA). Former participants in the Mercantile Stores Pension Plan filed class action...

  • Representative Nancy Wagner Billed Time Class Action Complaint Dismissed
    Representative Nancy Wagner Billed Time Class Action Complaint Dismissed
    December 7 2006

    Dover, DE: Newark resident Robert Reeder tried to file a class action lawsuit alleging Delaware State Representative Nancy Wagner billed the Capital School District for time spent on legislative duties. New Castle County Superior Court Judge...

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