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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.

  • Transat AT Inc. emergency landing Settlement
    Transat AT Inc. emergency landing Settlement
    March 4 2005

    The class action settlement included 175 passengers who were aboard an aircraft headed to Lisbon from Toronto. The fuel lines failed over the Atlantic Ocean and the Air Transit plane had to make an emergency landing. An improperly installed...

  • PriceSmart, Inc. securities Settlement
    PriceSmart, Inc. securities Settlement
    March 4 2005

    The United States District Court for the Southern District of California has approved a securities settlement against the company and some of its former officers. Class action plaintiffs will receive a $2.3 settlement for purchasing shares in a...

  • Microsoft Corp. computer Settlement denied
    Microsoft Corp. computer Settlement denied
    February 28 2005

    Wolford School in North Dakota has 49 students from grade 1 through 12 and was part of a class action settlement from the computer giant. Microsoft paid $4 million to schools where 50% of their students qualified for food vouchers. Wolford was...

  • DuPont Co. Washington Works drinking water contamination Settlement
    DuPont Co. Washington Works drinking water contamination Settlement
    February 28 2005

    The class action alleged the company used a chemical for its nonstick Teflon that contaminated local drinking water in Ohio. DuPont denied wrongdoing but will award residents $107.6 million for damages. Another $10 million will go towards new...

  • Warner-Lambert class action denied
    Warner-Lambert class action denied
    February 28 2005

    187 Michigan residents filed a class action suit against the pharmaceutical company and its production of Rezulin. Pfizer Inc. acquired Warner-Lambert in 2000, the same year the US FDA pulled Rezulin off the market for alleged association with...

  • Vertex Pharmaceuticals Inc. securities class action denied
    Vertex Pharmaceuticals Inc. securities class action denied
    February 28 2005

    The securities fraud class action has been dismissed by a US District Judge. Plaintiffs claimed the company defrauded investors about the internal safety concerns about its anti inflammatory medications. (Feb-28-05) [BOSTON BUSINESS NEWS]...

  • Vanguard Group, American Funds, and GMO Funds class action dismissed
    Vanguard Group, American Funds, and GMO Funds class action dismissed
    February 22 2005

    Plaintiffs claimed they did not receive settlement funds and tried to sue the mutual fund companies for breaching their fiduciary duty to investors. The case was dismissed in the US District Court in Eastern District of Pennsylvania. (Feb-16-05)...

  • State of Iowa class action dismissed
    State of Iowa class action dismissed
    February 22 2005

    Attorney General Tom Miller, Department of Public Safety Commissioner Kevin W. Techau and Department of Transportation Director Mark Wandro had filed a class action lawsuit against the state of Iowa on behalf of illegal aliens. The immigrants were...

  • WorldCom investor class action dismissed
    WorldCom investor class action dismissed
    February 22 2005

    A Federal Court Judge ruled that one part of this suit was illegal by limiting director's potential liability and by exposing investment banks to greater damages. 10 former WorldCom directors had previously agreed to pay investors $18 million...

  • Wyeth Pharmaceuticals fen phen Settlement
    Wyeth Pharmaceuticals fen phen Settlement
    February 21 2005

    Some 60,000 plaintiffs in the class action against the makers of Fen-Phen were given 'drop claim' settlement options. The expedited option offered $20,000 per claim, while the grid option offered $5,250 to $200,000 based on the severity of their...

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