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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.

  • Hypercom Corp. Securities Fraud Class Action Dismissed
    Hypercom Corp. Securities Fraud Class Action Dismissed
    August 3 2006

    Shareholders tried to amend a dismissed class action against the electronic payment terminals and software company alleging securities fraud. The case was filed against Hypercom and its former chief financial officer, John Smolak, after it...

  • Baldwin, Mobile and Jefferson County Property Interest Class Action Dismissed
    Baldwin, Mobile and Jefferson County Property Interest Class Action Dismissed
    August 3 2006

    A lawsuit seeking class action status was filed against the three counties attacking rules requiring owners to pay 12% annual interest on the amounts that investors bid to win liens on the properties at public auctions. Residents not from...

  • Verizon New Jersey, Inc. Circuit Billing Class Action Settlement
    Verizon New Jersey, Inc. Circuit Billing Class Action Settlement
    August 3 2006

    A class action lawsuit was filed against the telecommunications company for allegedly continuing to bill customers for circuits that no longer existed. The case claimed Verizon continued to charge clients in the state of New Jersey for non...

  • El Paso Corp. Securities Fraud Class Action Settlement
    El Paso Corp. Securities Fraud Class Action Settlement
    August 3 2006

    Investors who purchased El Paso stock between February 2000 and February 2004 filed a class action lawsuit alleging securities fraud after shares, which once traded as high as $74.50 in February 2001, dropped as low as $3.45 in February 2003...

  • Conseco Life Insurance Co. Class Action Settlement
    Conseco Life Insurance Co. Class Action Settlement
    August 2 2006

    A class action lawsuit filed against Conseco Life Insurance Co. alleged that the insurer forced clients to pay higher premiums on some universal life policies or surrender them for cash to burnish the parent company's finances. Conseco filed for...

  • Visa USA, MasterCard and Diners Card Foreign Transaction Fees Class Action Settlement
    Visa USA, MasterCard and Diners Card Foreign Transaction Fees Class Action Settlement
    August 2 2006

    A class action lawsuit accused Visa, Mastercard, Diners Card and other major credit companies and debit card issuers of overcharging cardholders when converting foreign transactions into dollars and failing to disclose all fees. Visa USA, the...

  • HCA Inc. Malpractice Class Action Dismissed
    HCA Inc. Malpractice Class Action Dismissed
    August 2 2006

    A possible class action lawsuit was filed against the hospital chain for allegedly defrauding patients by directing its affiliated hospitals to staff nursing units below generally accepted levels. The lawsuit sought class action status and asked...

  • Nationscredit Financial Services Mortgage Interest Fees Class Action Dismissed
    Nationscredit Financial Services Mortgage Interest Fees Class Action Dismissed
    August 2 2006

    Mortgage lenders tried to file a class action lawsuit against the company after allegedly paying a discount fee to reduce mortgage interest but not receiving a reduced rate. The lawsuit claimed Nationscredit did not reduce the interest...

  • General Motors Company contamination Settlement
    General Motors Company contamination Settlement
    July 31 2006

    In 2004 a resident near the former GM plant (now owned by Delphi) at 2100 Burlingame Ave in the Grand Rapids suburb of Wyoming received a notice stating vinyl chloride, a cancer-causing chemical, had leaked and contaminated a large area of land...

  • Cincinnati Bell Inc. investors class action Settlement
    Cincinnati Bell Inc. investors class action Settlement
    July 31 2006

    Between Jan. 17, 2001 and May 21, 2002, Cincinnati Bell Inc. allegedly misrepresented its financial results to boost its stock price. A group of investors filed a class action lawsuit claiming that Cincinnati Bell, formerly Broadwing Inc...

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