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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.

  • Settlements and Verdicts: Lincoln National Corp.
    Settlements and Verdicts: Lincoln National Corp.
    October 5 2004

    A $4.3 million settlement has been approved in the class action lawsuit filed on behalf of up to 800 former employees of the company's Lincoln Re division. The suit was filed following the 2001 deal where Lincoln Re was purchased by Swiss Re, and...

  • Settlements and Verdicts: Bristol-Myers Squibb Co.
    Settlements and Verdicts: Bristol-Myers Squibb Co.
    October 5 2004

    A $300 million settlement has been reached in the class action lawsuit filed on behalf of all persons or entities who purchased the company's common stock between October 19, 1999 and March 10, 2003. The hearing to determine whether the proposed...

  • Settlements and Verdicts: New Horizons Worldwide, Inc.
    Settlements and Verdicts: New Horizons Worldwide, Inc.
    September 14 2004

    A $1.7 million settlement has been reached in the class action lawsuit filed on behalf of all New Horizons' instructors employed at its California company-owned locations. The suit alleged that the plaintiffs were improperly classified as exempt...

  • Settlements and Verdicts: Bristol-Myers Squibb Co.
    Settlements and Verdicts: Bristol-Myers Squibb Co.
    September 14 2004

    A $150 million settlement has been approved in the class action lawsuit filed on behalf of investors who bought the company's common stock in 2000 and 2001. The suit alleged that the company had improperly booked $1.5 billion in revenue in 2000...

  • Settlements and Verdicts: PriceSmart, Inc.
    Settlements and Verdicts: PriceSmart, Inc.
    September 14 2004

    A settlement has been reached in the securities class action lawsuit filed on behalf of persons who held the Company's Series A Preferred Stock during the relevant class periods. There are six remaining federal class action complaints pending...

  • Settlements and Verdicts: Remedia.
    Settlements and Verdicts: Remedia.
    September 14 2004

    A settlement has been reached in three class action lawsuits filed on behalf of Israeli consumers who purchased the company's Super Soya 1 baby formula last year. The suit alleged that the company misled the plaintiffs by failing to inform them...

  • Settlements and Verdicts: Target Corp.
    Settlements and Verdicts: Target Corp.
    September 14 2004

    A $1 million settlement has been reached in the class action lawsuit filed on behalf consumers. The suit alleged that the company it failed to stamp prices on merchandise, which is a violation of Massachusetts State's item-pricing regulation...

  • Settlements and Verdicts: Sony Pictures Entertainment.
    Settlements and Verdicts: Sony Pictures Entertainment.
    September 14 2004

    A $1.5 million settlement has been reached in the class action lawsuit filed on behalf of moviegoers who alleged that they were deceived into seeing certain films due to bogus reviews by a fake critic named David Manning. (Sep-03-04) [PASADENA...

  • Settlements and Verdicts: Farmers Insurance Exchange.
    Settlements and Verdicts: Farmers Insurance Exchange.
    September 14 2004

    A $200 million settlement has been reached in the class action lawsuit filed 2,402 claims adjusters who worked for the company in California. The suit alleged that the company owed the plaintiffs millions of dollars in overtime wages pay dating...

  • Settlements and Verdicts: McDonnell Douglas.
    Settlements and Verdicts: McDonnell Douglas.
    September 14 2004

    An $8.1 million settlement has been reached in the class action lawsuit filed on behalf of more than 1,000 former workers. The suit was filed 10 years ago after the company closed its plant in Tulsa in order to save about $24.7 million in...

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