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.

  • Tripath Technology Inc. Secruities Settlement
    Tripath Technology Inc. Secruities Settlement
    July 14 2005

    Shareholders who purchased Tripath stock between January 29, 2004 and June 13, 2005 filed a class action lawsuit alleging securities fraud. Under the terms of the proposed settlement the class action will be dismissed in exchange for a payment...

  • Shell Group ERISA Settlement
    Shell Group ERISA Settlement
    July 14 2005

    Employees of the company filed a class action lawsuit related to the reserves overbooking scandal from 2004. Investors were surprised when Shell slashed its proven reserves of oil and gas. Shell agreed to a $90 million settlement to be...

  • Fairmont Hotels and Resorts Employee Religious Discrimination Settlement
    Fairmont Hotels and Resorts Employee Religious Discrimination Settlement
    July 12 2005

    The Equal Employment Opportunity Commission filed a class action lawsuit against the establishment on behalf of twelve former employees of the Plaza Hotel in New York. The dozen Muslims claimed they were subjected to hostile work environment as...

  • International Longshoremen's Union Gender Discrimination Settlement
    International Longshoremen's Union Gender Discrimination Settlement
    July 11 2005

    Several women filed a class action lawsuit against their employer over gender harassment and discrimination. The case was filed in 1999 and the two lead plaintiffs, Vonceil Fisher and Traveine Howard, are set to receive $25,000 each. $1.5...

  • WellPoint Inc. Physician Settlement
    WellPoint Inc. Physician Settlement
    July 11 2005

    Several state medical societies and professional organizations representing 700,000 physicians filed two class action lawsuits against the company for underpayment. The Indianapolis health benefits company agreed to pay $135 million for...

  • R.J. Reynolds Tobacco Co. et al. Slavery Class Action Dismissed
    R.J. Reynolds Tobacco Co. et al. Slavery Class Action Dismissed
    July 11 2005

    A U.S. District Court Judge has dismissed a lawsuit seeking reparations for slavery. The defendants included 17 companies with Triad operations, such as R.J. Reynolds Tobacco Co., Reynolds American Inc., Lorillard Tobacco, Loews Corp., and Bank...

  • Georgetowne Place Retirement Apartments Racial Discrimination Settlement
    Georgetowne Place Retirement Apartments Racial Discrimination Settlement
    July 11 2005

    A class action lawsuit was filed against the Seattle based Merrill Gardens company for allegedly refusing to hire minority applicants. The company marked applications to identify minorities and denoted black people's applications. Merrill...

  • WASA and the Washington Aqueduct Water Treatment Plant Lead Water Dropped
    WASA and the Washington Aqueduct Water Treatment Plant Lead Water Dropped
    July 11 2005

    DC residents who filed a class action lawsuit in March of 2004 have decided to drop their case. Officials at the D.C. Water and Sewer Authority have spent $1 million defending claims of personal health problems associated with elevated lead...

  • Charter Communications, Inc. Securities Settlement
    Charter Communications, Inc. Securities Settlement
    July 8 2005

    The broadband communications company has agreed to an $83 million securities fraud class action settlements. Shareholders are set to receive $68 million in cash and 13.4 million shares of Charter Class A common stock with a deemed value of...

  • CMS Energy Corp. Securities Settlement
    CMS Energy Corp. Securities Settlement
    July 8 2005

    Shareholders filed a class action lawsuit against the utility holding company for securities fraud. The case claimed executives fell short of their duties for allowing round trip energy trading. CMS has agreed to a $12 million settlement. (Jul...