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: GameStop Corp.
    Settlements and Verdicts: GameStop Corp.
    September 5 2003

    A settlement has been reached in the class action lawsuit filed against GameStop Corp. on behalf of consumers. The suit alleged that the video game retailer sold games as though they were new despite the fact that they may have been purchased...

  • Settlements and Verdicts: ICN Pharmaceuticals Inc.
    Settlements and Verdicts: ICN Pharmaceuticals Inc.
    September 5 2003

    Settlements have been reached in six of the seven class action lawsuits filed against ICN Pharmaceuticals Inc. by shareholders of Ribapharm Inc. The consolidated complaint alleged that ICN breached their fiduciary duties by offering to buy back...

  • Settlements and Verdicts: Medi-Hut Co., Inc.
    Settlements and Verdicts: Medi-Hut Co., Inc.
    September 5 2003

    A settlement has been reached and is pending court approval in the securities class action lawsuits filed against Medi-Hut Co., Inc. The suits were commenced in March, 2002 and consolidated on January 13, 2003 against the company, as well as...

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

    A $13 million settlement has received preliminary approval in the class action lawsuit filed against Viacom on behalf of former cable customers from ten Northern California counties. The suit alleged that the company failed to return the monthly...

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

    A $300 million settlement has been reached and is pending court approval in the consolidated class action lawsuit filed against DaimlerChrysler. The suit was filed by investors regarding the company's 1998 Daimler-Benz/Chrysler merger that created...

  • Settlements and Verdicts: Siebel Systems.
    Settlements and Verdicts: Siebel Systems.
    September 5 2003

    A $900,000 settlement has been reached and is pending court approval in the class action lawsuit filed against enterprise applications maker Siebel Systems. The suit was filed by the Teachers' Retirement System of Louisiana (TRSL), alleging that...

  • Settlements and Verdicts: Computer Associates International, Inc.
    Settlements and Verdicts: Computer Associates International, Inc.
    September 5 2003

    A settlement has been reached and is pending court approval in the securities class action lawsuit filed against Computer Associates International, Inc. Under the terms of settlement, the company will issue 5.7 million shares of its common stock...

  • Settlements and Verdicts: Kash n' Karry.
    Settlements and Verdicts: Kash n' Karry.
    September 5 2003

    A settlement has been reached in the class action lawsuit filed against the Florida grocery chain Kash n' Karry. The suit was filed on behalf of female employees of the company who claimed that they were being paid less than men who were doing...

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

    A $112 million settlement has been approved in the class action lawsuit filed against GIO General Limited of Australia on behalf of investors. The suit was filed by more than 23,000 former GIO shareholders regarding AMP's rejected 1998 takeover...

  • Settlements and Verdicts: Aetna Inc. (Aug-19-03)
    Settlements and Verdicts: Aetna Inc. (Aug-19-03)
    September 5 2003

    A settlement has been reached and is pending court approval in the class action lawsuit filed against Aetna Inc. by the American Dental Association. The suit claimed that the Hartford-based insurer interfered with dental procedures in order to cut...