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.
GlaxoSmithKline (GSK) has agreed to $40 million to settle a long-running lawsuit over Paxil, its beleagured antidepressent. The settlement will go to insurers to reimburse health plans that covered the use of the drug in children and adolescents...
Preliminary Multi-Million Dollar Settlement Announced in Combined OSB Class Actions A lawsuit claiming that certain manufacturers of Oriented Strand Board ("OSB") unlawfully raised the prices paid by end user indirect purchasers of OSB has had a...
A class action suit against the graphics processing chips and cards maker Nvidia has been settled, according to documents filed with the Securities and Exchange Commission on September 16. The suit alleged that "Nvidia and ATI had conspired to...
Preliminary Settlement of Escala Class Action Escala Group, a global collectibles company dealing in stamps, coins, precious metals trading, and art and antiques, has announced a preliminary settlement of the class action suit and shareholder...
The two largest universities in West Virginia will receive nearly $8 million in unclaimed funds from a class action suit settled with Warner-Lambert Co. and Parke-Davis. The suit was over the companies diabetes drug Rezulin, which can have severe...
Bank of America will buy back $4.5 billion in auction rate securities, in a settlement announced yesterday by Massachusetts secretary of state William Galvin. Under the terms of the agreement, Bank of America will buy back up to $10 million in...
The Federal Trade Commission returned approximately $12.7 million to consumers this week from a settlement with Andris Pukke and his companies, AmeriDebt, Inc. and DebtWorks, Inc. This is the largest credit counseling/debt management deception...
A proposed settlement has been reached in class action lawsuits alleging that Verizon Wireless flat early termination fee ("ETF") (generally $175) is illegal. The settlement will provide $21 million into a Common Fund for claims of subscribers who...
A $7.2 billion settlement has been reached by Enron to compensate shareholders whose stock became worthless during the company collapse. Lawyers representing the plaintiffs will receive $688 million. The shareholder settlement is the largest...
Verizon Wireless V710 Preliminary Settlement Approved On September 2, 2005, the Superior Court of California in Los Angeles issued an Order preliminarily approving the settlement of the Opperman, et al. v. Cellco Partnership d/b/a Verizon...
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