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.

  • Eaton Vance Corp. et al. Securities Class Action Dismissed
    Eaton Vance Corp. et al. Securities Class Action Dismissed
    August 4 2005

    Seven shareholders tried to file a class action lawsuit against the companies for allegedly violating the Investment Company Act of 1940, the Investment Advisers Act of 1940, New York law and the common law, and breaching fiduciary duties to the...

  • A.T. Cross Company Securities Settlement
    A.T. Cross Company Securities Settlement
    August 4 2005

    Shareholders filed a class action lawsuit against the company in the United States District Court for the District of Rhode Island for securities fraud. A $1.5 million settlement has been granted preliminary approval. Shareholders who purchased...

  • Sony Pictures Entertainment Fake Critic Settlement
    Sony Pictures Entertainment Fake Critic Settlement
    August 3 2005

    Moviegoers filed a class action lawsuit against the company for allegedly citing a fake movie critic in advertisements for several films. Sony has agreed to a $1.5 million settlement; plaintiffs can claim to be eligible for a $5 per ticket...

  • Time Warner AOL Securities Settlement
    Time Warner AOL Securities Settlement
    August 3 2005

    Shareholders filed a securities fraud class action against the media company after they merged with AOL in 2001. A $2.4 billion settlement will go to holders of stock in both Time Warner and its America Online division. Another $600 million is...

  • Canadian Imperial Bank of Commerce Enron Securities Settlement
    Canadian Imperial Bank of Commerce Enron Securities Settlement
    August 3 2005

    Enron Corp. shareholders filed a class action against the bank for its involvement with the corrupt corporation. CIBC has agreed to a $2.4 billion securities fraud settlement for Enron stock carriers, while there own shareholders are now...

  • Reliant Energy Inc. Securities Settlement
    Reliant Energy Inc. Securities Settlement
    August 2 2005

    Shareholders filed a class action lawsuit against the company that alleged violations of the securities laws governing the manner in which certain trading activities of the company were accounted for from 1999 to 2001. Those who purchased common...

  • NDCHealth Corporation Securities Class Action Dismissed
    NDCHealth Corporation Securities Class Action Dismissed
    August 2 2005

    Shareholders tried to file a class action against the healthcare technology and information solutions company for securities fraud. The United States District Court for the Northern District of Georgia granted a motion to dismiss the lawsuit...

  • Cosi, Inc. Securities Class Action Dismissed
    Cosi, Inc. Securities Class Action Dismissed
    August 2 2005

    Shareholders tried to file a securities fraud class action against the premium, convenience restaurant company in the United States District Court for the Southern District of New York. The court dismissed all claims against Cosi and ordered...

  • HealthSouth Corp. Employee Retirement Shareholder Settlement
    HealthSouth Corp. Employee Retirement Shareholder Settlement
    August 2 2005

    A class action lawsuit was filed against the rehabilitation and medical services chain regarding losses in its employee retirement fund following alleged fraud. The lawsuit concerned losses in HealthSouth's retirement plan due to declining...

  • JetBlue Airways Class Action Dismissed
    JetBlue Airways Class Action Dismissed
    August 2 2005

    Passengers whose personal information was used without their knowledge in a federally funded study of aviation security tried to file a class action lawsuit against the airline. A U.S. District Judge in New York dismissed the class action...