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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.

  • NYFIX, Inc. securities class action dismissed
    NYFIX, Inc. securities class action dismissed
    June 15 2006

    A class action lawsuit filed in May 2004 alleged NYFIX, Inc. violated federal securities laws by false and misleading financial statements and press releases concerning the company's investment in NYFIX Millenium. NYFIX is a provider to the...

  • Great Wolf Resorts Inc. securities class action dismissed
    Great Wolf Resorts Inc. securities class action dismissed
    June 15 2006

    A class action lawsuit filed by investors against Great Wolf Resorts Inc. alleged its 2004 initial public offering and subsequent July 2005 announcement that earnings fell short of expectations for the second quarter of 2005, violated securities...

  • Sempra Energy Crisis Class Action Settlement (Jun-14-06)
    Sempra Energy Crisis Class Action Settlement (Jun-14-06)
    June 15 2006

    Claims were filed against Sempra Energy and its utilities, Southern California Gas Co. and San Diego Gas & Electric in a class action lawsuit related to the Western U.S. energy crisis of 2000 - 2001. On January 4, 2006, San Diego Superior Court...

  • Harold Levinson & Associates untaxed cigarettes class action Settlement
    Harold Levinson & Associates untaxed cigarettes class action Settlement
    June 15 2006

    Harold Levinson & Associates, a Long Island cigarette stamping agent and wholesaler, allegedly sold illegal, untaxed cigarettes to Native American businesses from 2001 through 2002. The Farmingdale-based company used an unauthorized trucking...

  • Aon Consulting Worldwide Insurance Class Action Settlement
    Aon Consulting Worldwide Insurance Class Action Settlement
    June 15 2006

    A lawsuit claims that, between 2001 and 2004, Aon Consulting Worldwide was manipulating bids and steering large insurance contracts based on contingent commissions. The National Association of Insurance Commissioners filed the suit and was...

  • Williams Cos. Inc. Inflated Stock Class Action Settlement
    Williams Cos. Inc. Inflated Stock Class Action Settlement
    June 13 2006

    Executives at Natural gas and pipeline company Williams Cos. Inc. and its subsidiary Williams Communications were alleged to have conspired to inflate the companies' stock prices. Williams has agreed to settle, subject to court approval, and...

  • Cell Therapeutics, Inc.securities class action denied
    Cell Therapeutics, Inc.securities class action denied
    June 13 2006

    Cell Therapeutics, Inc. (CTI), a biopharmaceutical company, announced that a securities fraud class action suit filed November 2005 alleging false statements by company officers has been dismissed. The suit was filed in the United States...

  • KPMG Tax Shelter Fraud Class Action Settlement
    KPMG Tax Shelter Fraud Class Action Settlement
    June 12 2006

    From 1996 through 2005, KPMG, the fourth largest accounting firm in the US, sold tax shelters to 250 investors who claimed they were defrauded. The class action lawsuit sought compensation from KPMG and the law firm of Sidley Austin Brown & Wood...

  • State of Hawaii Subsidized Housing Class Action Settlement
    State of Hawaii Subsidized Housing Class Action Settlement
    June 9 2006

    Public housing tenants in about 3,000 federally subsidized public housing units throughout the state of Hawaii have been paying more rent than is allowed under federal regulations. Tenants cannot be charged more than 30 percent of their income...

  • Mercy Medical Center Class Action Settlement
    Mercy Medical Center Class Action Settlement
    June 8 2006

    A class action lawsuit was filed against Iowa Des Moines' largest hospital regarding a billing maneuver that was ripping off victims of car accidents. A complicated billing procedure allowed the hospital to take in more money for the treatment...

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