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: Services Group of America.
    Settlements and Verdicts: Services Group of America.
    September 5 2003

    A $1.75 million settlement has been reached in the class action lawsuit filed against Officials of Services Group of America, the West Seattle conglomerate run by Thomas Stewart. The suit was filed by more than 1,600 current and former SGA workers...

  • Settlements and Verdicts: IBM.
    Settlements and Verdicts: IBM.
    September 5 2003

    A judgment has been found in favor of the plaintiffs in a class action lawsuit filed by approximately 140,000 current and former employees against IBM. The suit alleged that the company's pension plan was adjusted twice since 1995 in a way that...

  • Settlements and Verdicts: PricewaterhouseCoopers Consulting.
    Settlements and Verdicts: PricewaterhouseCoopers Consulting.
    September 5 2003

    A $1.8 million dollar settlement has been reached in the class action lawsuit filed against PricewaterhouseCoopers Consulting on behalf of 273 consultants who were hired but not employed by the company. The plaintiffs claimed that though they...

  • Settlements and Verdicts: FTD Inc.
    Settlements and Verdicts: FTD Inc.
    September 5 2003

    A settlement has been reached and is pending court approval in the securities class action lawsuit filed against FTD Inc., the flower and florist services provider. Under the terms of settlement, FTD will issue $10.7 million of shares of its class...

  • Settlements and Verdicts: United Teacher Associates Insurance Company.
    Settlements and Verdicts: United Teacher Associates Insurance Company.
    September 5 2003

    Final approval has been given to a $4,070,000 class action settlement by Austin based United Teacher Associates Insurance Company. The suit was on behalf of over 20,000 teachers and other school district employees, most of who reside in Texas and...

  • Settlements and Verdicts: Taco Bell Corp.
    Settlements and Verdicts: Taco Bell Corp.
    September 5 2003

    A $1.5 million settlement has been reached in the class action lawsuit filed against Taco Bell in 1997 on behalf of 13,000 former employees from about 45 Oregon Taco Bell locations. The settlement was reached with about 1,000 of the plaintiffs who...

  • Settlements and Verdicts: AMP Ltd.
    Settlements and Verdicts: AMP Ltd.
    September 5 2003

    A settlement has been reached and is pending court approval in the class action lawsuit filed against Australian funds manager and life insurer AMP Ltd. regarding its takeover of GIO Australia Holdings Ltd. in 1999. The suit was filed by former...

  • Settlements and Verdicts: American Fidelity Life Insurance Company.
    Settlements and Verdicts: American Fidelity Life Insurance Company.
    September 5 2003

    A verdict has been found in the class action lawsuit filed against American Fidelity Insurance Company on behalf of policyholders. The jury found that the company did not defraud policyholders, and that that no misrepresentations were made to the...

  • Settlements and Verdicts: Fleet Financial.
    Settlements and Verdicts: Fleet Financial.
    September 5 2003

    A $3.5 million settlement has been reached and given preliminary approval in the class action lawsuit filed against Fleet Financial, a unit of FleetBoston Financial Corp. The suit was filed on behalf of more than 2 million Fleet credit cardholders...

  • Settlements and Verdicts: First Union National Bank.
    Settlements and Verdicts: First Union National Bank.
    September 5 2003

    A $5 million settlement has been reached in the securities fraud class action lawsuit filed against First Union National Bank. The bank was accused of aiding and abetting Cyprus Funds, a company that ran a multi-million dollar securities...