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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.

  • Tyco Settles with Michigan State for $24.5 Million
    Tyco Settles with Michigan State for $24.5 Million
    May 20 2009

    Tyco International has reached a settlement with Michigan state over losses associated with state pension funds. The settlement reached is for $24.5 million. The Attorney General had originally sued for $50 million based on losses incurred after...

  • Goldman Sachs Agrees $60 Million Subprime Settlement in Massachusetts
    Goldman Sachs Agrees $60 Million Subprime Settlement in Massachusetts
    May 15 2009

    A settlement has been agreed by Goldman Sachs Group (GSG) Inc., in the litigation over subprime mortgages and the packing of securities, which was the basis of the US housing market collapse. Under the terms of the agreement, GSG will pay $50...

  • Nationwide Settles in Arkansas
    Nationwide Settles in Arkansas
    May 14 2009

    Nationwide Settles in Arkansas Following on the heels of an earlier settlement of a class action filed in Pennsylvania, Nationwide Insurance has agreed settlement of a class action filed Arkansas. Under the terms of the proposed settlement...

  • T-Mobile Could Pay $11.5 Million as Potential ETF Settlement
    T-Mobile Could Pay $11.5 Million as Potential ETF Settlement
    May 14 2009

    A class action against wireless giant T-Mobile over early termination fees (ETF) could be settled soon, as the company has agreed to a preliminary settlement of $11.5 million. If approved, this would translate to roughly $125 per class member in non...

  • Beazer Homes Reaches Proposed $30.5 Million Settlement
    Beazer Homes Reaches Proposed $30.5 Million Settlement
    May 13 2009

    Beazer Homes Reaches Proposed $30.5 Million Settlement A securities class action lawsuit filed against Beazer Homes USA has reportedly reached a proposed settlement, involving the payment of an aggregate of $30.5 million. As part of the...

  • Costco Settles Membership Lawsuit
    Costco Settles Membership Lawsuit
    May 7 2009

    Costco has reportedly settled a lawsuit brought by members who claimed that they were not receiving a full year membership despite having paid for it. The suit alleged that Costco had unfairly back-dated membership renewals to the date of...

  • 101 Year Old Golf Course Owner Must Get $25 Million for Property
    101 Year Old Golf Course Owner Must Get $25 Million for Property
    May 7 2009

    A jury has ruled in favor of a 101 year old woman who owns a golf course in a Chicago suburb, stating that Anna Mae Ahern is entitled to $25 million for her property. Ten years ago Anna Mae was offered $25 million for the land by a developer...

  • Toshiba Settles, Will Pay for Faulty DLP TV Lamps
    Toshiba Settles, Will Pay for Faulty DLP TV Lamps
    May 4 2009

    People who purchased certain models of rear-projection Toshiba DLP TVs between January 1, 2004, and September 18, 2008, are eligible for cash refunds for the defective bulbs, thanks to the recent settlement of a class action lawsuit against the...

  • Aerosmith Settles Class Action
    Aerosmith Settles Class Action
    April 27 2009

    The rock band Aerosmith has agreed a settlement to a class action lawsuit brought by fans who purchased tickets to see a concert that never happened. The suit was brought by about 8,300 people, and it alleged that Aerosmith's Maui concert was...

  • Alta College Settles False Claims Allegatiions for $7 Million
    Alta College Settles False Claims Allegatiions for $7 Million
    April 20 2009

    Alta College and its school in Texas have agreed to pay $7 million to the federal government to settle allegations that they engaged in false claims to obtain student aid funds from the government. Collectively, the schools have more than 12,000...

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