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: Real Estate Associates
    Settlements and Verdicts: Real Estate Associates
    May 4 2003

    A verdict awarding $92.5 million dollars, as well as $25 million dollars in prejudgement interest has been awarded to shareholders in the class action lawsuit filed against Real Estate Associates and National Partnership Investments Corp. The...

  • Settlements and Verdicts: Lucent Technologies (Mar-27-03)
    Settlements and Verdicts: Lucent Technologies (Mar-27-03)
    May 3 2003

    has reached a settlement of more than $600 million dollars in the second largest securities settlement in history. This settlement is in regards to the more than 50 global shareholder class action lawsuits filed against the company, alleging...

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