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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.

  • Oreck Direct, LLC Air Purifier Class Action Denied
    Oreck Direct, LLC Air Purifier Class Action Denied
    May 11 2007

    San Francisco, CA: (May-10-07) Judge Marilyn Hall Patel, a US District Court Judge, denied granting class action status to a lawsuit filed against Oreck Direct LLC, of New Orleans, a vacuum cleaner manufacturer. The lead plaintiff in the suit, who...

  • BlueCross BlueShield Reduced Insurance Payments Class Action Settlement
    BlueCross BlueShield Reduced Insurance Payments Class Action Settlement
    May 10 2007

    Memphis, TN: (May-08-07) A nationwide class action lawsuit filed against BlueCross BlueShield alleged that the insurer used automated programs to reduce payments to doctors and evaluated claims based on criteria such as cost rather than medical...

  • Quovadx Inc. Securities Fraud Class Action Settlement
    Quovadx Inc. Securities Fraud Class Action Settlement
    May 10 2007

    Greenwood Village, CO: (May-07-07) A federal lawsuit was filed against software and services company Quovadx Inc. and has reached settlement after a federal court in Colorado approved a $7.8 million settlement of the final class action shareholder...

  • Orange 21 Inc. Securities Fraud Class Action Settlement
    Orange 21 Inc. Securities Fraud Class Action Settlement
    May 10 2007

    Carlsbad, CA: (May-07-07) A consolidated securities class action suit was filed against Orange 21 Inc., owner of Spy Optic, manufacturer of sunglasses and goggles for action sports and youth lifestyle markets, and certain of the company's current...

  • Peregrine Systems Financial Fraud Shareholder Class Action Dismissed
    Peregrine Systems Financial Fraud Shareholder Class Action Dismissed
    May 10 2007

    San Francisco, CA: (May-09-07) Shareholders tried to file a class action lawsuit against the company and its board members and executives for financial fraud. The lawsuit claimed Padres owner John Moores, Peregrine's biggest shareholder and...

  • America Online Inflated Stock Settlement
    America Online Inflated Stock Settlement
    May 8 2007

    Santa Fe, NM: (May-05-07) The state of New Mexico filed a lawsuit against America Online over lost investments that stemmed from Time Warner being acquired in 2001 by America Online. The suit arose because the State Investment Council, Educational...

  • HSBC Bank Investor Fraud Class Action Settlement
    HSBC Bank Investor Fraud Class Action Settlement
    May 8 2007

    Miami, FL: (May-04-07) A class action lawsuit was filed against HSBC Bank over the shuttered Pension Fund of America, which was shut down by the US Securities and Exchange Commission in March 2005, alleging that the two South Florida financiers...

  • Priceline.com Inc. Securities Fraud Class Action Settlement
    Priceline.com Inc. Securities Fraud Class Action Settlement
    May 8 2007

    Norwalk, CT: (May-04-07) A securities class action lawsuit was filed against Priceline.com Inc. in 2003. In a settlement reached, Priceline.com agreed to pay the class $80 million in return for a release, with prejudice, of all claims against the...

  • Dexia SA Securities Fraud Class Action Settlement
    Dexia SA Securities Fraud Class Action Settlement
    May 8 2007

    Brussels, Belgium: (Apr-06-07) Lernout & Hauspie Speech Products, a now bankrupt IT group, shareholders filed a class action against Dexia SA in 2003, over Dexia's assisting the group in its IPO. The group claimed to be indignant about being...

  • Rent-A-Center Inc. Interest Charges Class Action Settlement
    Rent-A-Center Inc. Interest Charges Class Action Settlement
    May 8 2007

    Asbury Park, NJ: (May-01-07) A lawsuit seeking class action status was filed by Hilda Perez and others against Rent-A-Center Inc., claiming that they had paid improper interest to the rental store chain. Perez sued after Rent-A-Center sought to...

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