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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.

  • Enron Employee Pension Settlement
    Enron Employee Pension Settlement
    May 30 2005

    Approximately 20,000 Enron employees who lost their pension funds filed a class action lawsuit against their former employer. A federal judge approved a final settlement of $69 million to be awarded to the workers through two insurance policies...

  • Wyeth Pharmaceuticals Pennsylvania Fen-Phen Settlement
    Wyeth Pharmaceuticals Pennsylvania Fen-Phen Settlement
    May 30 2005

    A Pennsylvania jury has awarded two former fen-phen users $200 million in damages for heart problems caused by the diet drug. In February, Wyeth offered class action plaintiffs a 'drop claim' settlement option of up to $100,000. Even though the...

  • Novell Securities Settlement
    Novell Securities Settlement
    May 27 2005

    Shareholders filed a class action lawsuit against the networking software company and Linux distribution firm over seven years ago. Investors claimed securities fraud after severe stock losses between November 1, 1996, and April 22, 1997. Novell...

  • Investor's Business Daily, Inc. Commission Class Action Denied
    Investor's Business Daily, Inc. Commission Class Action Denied
    May 26 2005

    Sales agents who sell subscriptions to the financial newspaper tried to file a class action lawsuit against their employer claiming they were subject to illegal deductions from wages by charging back advanced commissions. The defendants...

  • deCODE genetics, Inc. Class Action Dismissed
    deCODE genetics, Inc. Class Action Dismissed
    May 24 2005

    Plaintiffs have voluntarily dismissed their class action lawsuit against the biopharmaceutical company and certain of its officers and directors. The lawsuit claimed securities fraud. (May-17-05) [MY SAN] Legal Help If you have a...

  • Adecco Class Action Dismissed
    Adecco Class Action Dismissed
    May 24 2005

    The pending consolidated class action complaint filed against the company and certain of its directors and officers in the U.S. District Court for the Southern District of California has been dismissed. The lawsuit was related to accounting...

  • InterMune, Inc. Securities Settlement
    InterMune, Inc. Securities Settlement
    May 23 2005

    A class action lawsuit was filed on behalf of shareholders against the company and its former CEO and former CFO in the United States District Court for the Northern District of California. A preliminary agreement to settle the shareholder class...

  • Clayton Homes Securities Merger Settlement
    Clayton Homes Securities Merger Settlement
    May 23 2005

    In 2003, the Denver Area Meat Cutters and Employees Pension Plan filed a class action lawsuit against the company. The suit was filed on behalf of company shareholders who continuously held shares between April 1, 2003 and August 7, 2003. The...

  • McDonald's Beef Additives Settlement
    McDonald's Beef Additives Settlement
    May 23 2005

    The fast food giant has agreed to pay a $10 millions settlement to 24 groups. The class action lawsuit claimed McDonalds misled Hindu and vegetarian consumers by claiming French Fries containing beef additives for flavoring were vegetarian...

  • Calvert Cliffs Nuclear Power Plant Employee Discrimination Settlement
    Calvert Cliffs Nuclear Power Plant Employee Discrimination Settlement
    May 20 2005

    Eight former and current African American employees filed a class action lawsuit against their employer. The lawsuit alleged racial discrimination at the Lusby facility. Calvert Cliffs has agreed to a $2.5 million settlement and while the...

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