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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.

  • Merrill Lynch & Co. Misleading Securities Research Settlement
    Merrill Lynch & Co. Misleading Securities Research Settlement
    February 17 2006

    Twenty three investor lawsuits were filed against the world's largest securities firm for allegedly issuing misleading research on Internet companies. Technology analysts issued reports urging investors to buy shares of Internet companies such...

  • SONY BMG Music Entertainment XCP and MediaMax Class Action Settlement
    SONY BMG Music Entertainment XCP and MediaMax Class Action Settlement
    February 16 2006

    A class action was filed on behalf of all United States residents who purchased, received or used a Sony BMG Music Entertainment compact disc containing either XCP or MediaMax 3.0 or 5.0 content protection software. The law firms of Girard Gibbs...

  • Dow Chemical Company and Rockwell International Corp. Plutonium Contamination Class Action Settlement
    Dow Chemical Company and Rockwell International Corp. Plutonium Contamination Class Action Settlement
    February 15 2006

    In 1990 a class action lawsuit was filed on behalf of thousands of property owners whose land was contaminated with plutonium released from the former Rocky Flats Nuclear Weapons Plant. The two private contractors operated the Rocky Flats Weapons...

  • Matav - Cable Systems Media Ltd. Class Action Dismissed
    Matav - Cable Systems Media Ltd. Class Action Dismissed
    February 15 2006

    A lawsuit seeking class action status was filed on April 22, 1999 against the leading Israeli digital cable television services provider. The lawsuit claimed Matav constituted a monopoly and adversely exploited its position in the market. The...

  • Cornell Companies, Inc. Securities Fraud Settlement
    Cornell Companies, Inc. Securities Fraud Settlement
    February 14 2006

    Shareholders filed a securities fraud class action lawsuit against the correctional center operator in March 2002. The class was filed on behalf of all purchasers of Cornell's common stock from March 6, 2001 to March 5, 2002. Cornell does not...

  • Transnation Title Insurance et al. Overcharge Class Action Settlement
    Transnation Title Insurance et al. Overcharge Class Action Settlement
    February 14 2006

    A class action lawsuit was filed on behalf of 60,000 Michigan homeowners claiming they were overcharged for title insurance. The class was filed against Transnation Title Insurance Co. of Arizona, First American Title Insurance Co. of California...

  • Florida Power & Light Class Action Dismissed
    Florida Power & Light Class Action Dismissed
    February 10 2006

    In the fall of 2005, 75% of homes in Broward and Miami-Dade were darkened by Katrina and 98% lost power from Wilma. Customers tried to file a class action against the utility alleging gross negligence in maintaining its system. The lawsuit...

  • Nortel Networks Corp. Accounting Scandal Class Action Settlement
    Nortel Networks Corp. Accounting Scandal Class Action Settlement
    February 8 2006

    Shareholders filed two class action lawsuits against the telecom equipment maker regarding an accounting scandal. Several lawsuits were filed against Nortel for allegedly violating U.S. and Canadian securities laws after it issued revised...

  • UBS AG Underpaid Overtime Class Action Settlement
    UBS AG Underpaid Overtime Class Action Settlement
    February 8 2006

    Current and former employees filed a class action lawsuit against the Swiss financial services bank alleging underpaid overtime. The class claimed UBS shortchanged employees by improperly classifying financial advisers and trainees as exempt...

  • Indiana Department of Natural Resources Employee Wages Class Action Settlement
    Indiana Department of Natural Resources Employee Wages Class Action Settlement
    February 8 2006

    In 1998, current and former employees filed a class action lawsuit against the state department regarding the application of Public Law 70 that prepared a classification system and salary schedule for professional employees. Class members...

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