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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.

  • Cendant Settles Class Action For $25 Million
    Cendant Settles Class Action For $25 Million
    September 8 2008

    Cendant Corp. will pay $25 million to settle a class action fraud lawsuit in Madison County Court. Class members claimed Trilegiant, a Cendant subsidiary, made unauthorized charges to their credit cards for products such as Privacy Guard, Credit...

  • Fastenal to pay $10 million to settle class action lawsuit
    Fastenal to pay $10 million to settle class action lawsuit
    August 29 2008

    Fastenal said it will pay $10 million in cash as part of a preliminary settlement to a class action lawsuit alleging that the company failed to pay overtime to some former assistant managers. The lawsuit was filed by former Fastenal assistant...

  • American Italian Pasta Co to Issue Shares in Addition to $25 Million Settlement
    American Italian Pasta Co to Issue Shares in Addition to $25 Million Settlement
    August 15 2008

    According to a filing with the U.S. Securities and Exchange Commission from Monday August 11th, 2008 by the American Italian Pasta Co. (OTC:AITP ) on August 5th, 2008 an court order was issued, which is subject to a 30-day appeal period. As part of...

  • Proposed  Settlement In Abbott's Norvir Class Action
    Proposed Settlement In Abbott's Norvir Class Action
    August 15 2008

    Abbott Laboratories has agreed to pay a $10 million and $27.5 million, depending on pending court rulings, to settle nationwide consumer claims of being overcharged for Abbott's HIV/AIDs drug Norvir. The proposed settlement attempts to get the...

  • Airborne Reaches $6.5 Million Agreement with Federal Trade Commission
    Airborne Reaches $6.5 Million Agreement with Federal Trade Commission
    August 14 2008

    Airborne Settlement Increased up to $30 Million Airborne, Inc., has settled its case with the Federal Trade Commission over older advertising and labeling of its dietary supplement products. The settlement provides additional funding of up to $6...

  • Citigroup and Bank of America Win Dismissal in Parmalat Class Action
    Citigroup and Bank of America Win Dismissal in Parmalat Class Action
    August 11 2008

    An investor class action lawsuit alleging that Citigroup and Bank of America were responsible for the collapse of parmalat Finanziaria SpA, has been dismissed. In December 2003 Parmalet filed for bankruptcy following an alleged lengthy fraud. In...

  • UBS to Buy Back $19.4 Billion in Bonds as Settlement
    UBS to Buy Back $19.4 Billion in Bonds as Settlement
    August 8 2008

    UBS to Buy Back $19.4 Billion in Bonds as Settlement UBS will buy back bonds to the amount of $19.4 billion, in the biggest settlement to date over auction-rate securities. The settlement arises from a lawsuit alleging fraud against UBS, in...

  • GM, Deloitte & Touche Settle Shareholder Class Action
    GM, Deloitte & Touche Settle Shareholder Class Action
    August 8 2008

    Plaintiffs in a class-action suit against GM and its outside auditor Deloitte & Touche have reached a settlement of $303 million. Of that GM wil pay $277 million and Deloitte & Touche $26 million. The lawsuit was brought by GM shareholders who...

  • Citigroup to Buy Back Securities as Part of Settlement
    Citigroup to Buy Back Securities as Part of Settlement
    August 8 2008

    In addition to paying $100 million in fines, Citigroup has agreed to buy back more than $7 billion in auction-rate securities to settle with federal and state regulators. Some 40,000 individual investors will be reimbursed nationwide as will...

  • State Farm Settles with Mississippi Attorney General
    State Farm Settles with Mississippi Attorney General
    August 6 2008

    Mississippi Attorney General Jim Hood announced the settlement of the state's breach of contract suit against State Farm, which was filed after State Farm refused to comply with a January, 2007, Hinds County Chancery Court settlement. Due to the...

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