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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.

  • Cardinal Health Inc. Securities Fraud Class Action Settlement Reserve
    Cardinal Health Inc. Securities Fraud Class Action Settlement Reserve
    April 24 2007

    Dublin, OH: (Apr-23-07) As a result of a class action securities lawsuit filed against it, Cardinal Health Inc., a provider of products and services to the health care industry, agreed to set up a $600 million reserve to settle claims brought by...

  • Merrill Lynch & Co. Securities Fraud Class Action Settlement
    Merrill Lynch & Co. Securities Fraud Class Action Settlement
    April 21 2007

    New York, NY: (Apr-16-07) A class action lawsuit filed against Merrill Lynch by investors who suffered losses as a result of their purchase of stocks through Merrill Lynch, accused it of not verifying the correct value of the stocks by misleading...

  • Netopia, Inc. Securities Fraud Class Action Settlement
    Netopia, Inc. Securities Fraud Class Action Settlement
    April 21 2007

    New York, NY: (Apr-18-07) The United States District Court for the Northern District of California granted preliminary approval to a settlement of the securities class action litigation brought against Netopia, Inc. The class included all persons...

  • Motorola, Inc. Securities Fraud Class Action Settlement
    Motorola, Inc. Securities Fraud Class Action Settlement
    April 17 2007

    Schaumburg, IL: (Apr-16-07) Motorola Inc. had been embroiled in a securities class action lawsuit with Turkish wireless company Telsim for years. The suit claimed that Telsim defaulted in 2001 on a payment of about $2 billion in loans owed to...

  • Newpark Resources, Inc. Securities Fraud Class Action Settlement
    Newpark Resources, Inc. Securities Fraud Class Action Settlement
    April 17 2007

    Woodlands, TX: (Apr-13-07) A shareholder class action and derivative litigation filed against Newpark Resources, Inc. accused current and former directors and former officers of the company of potential irregularities in the processing and payment...

  • Ernst & Young LLP Investors Class Action Settlement
    Ernst & Young LLP Investors Class Action Settlement
    April 17 2007

    New York, NY: (Apr-12-07) An investor class action lawsuit filed against PNC Financial Services Group Inc. and its auditors Ernst & Young LLP, accused them of fraudulent accounting practices, which led to 22,000 PNC investors losing money. The...

  • J.K. Harris Tax Misrepresentation Class Action Settlement
    J.K. Harris Tax Misrepresentation Class Action Settlement
    April 17 2007

    El Paso, TX: (Apr-16-07) The state of South Carolina and several residents filed a class action lawsuit in federal court against J.K. Harris, a firm that represents individual clients before the Internal Revenue Services. The lawsuit claimed J.K...

  • Merck & Co., Inc. Vioxx Securities Fraud Class Action Dismissed
    Merck & Co., Inc. Vioxx Securities Fraud Class Action Dismissed
    April 16 2007

    Newark, NJ: (Apr-13-07) Investors filed a class action lawsuit against the drug manufacturer alleging securities fraud in connection with disclosures regarding the withdrawn pain killer Vioxx. Shareholders claimed Merck and its executives were...

  • H.A. Berkheimer Inc. Tax Bill Charges Class Action Settlement
    H.A. Berkheimer Inc. Tax Bill Charges Class Action Settlement
    April 16 2007

    Valley, PA: (Apr-11-07) A class action lawsuit filed against H.A. Berkheimer Inc., a firm that collects taxes for more than 1,000 Pennsylvania communities, accused it of wrongly charging fees over interest and penalties on delinquent earned income...

  • Shell Oil Co. Gas Gauge Class Action Settlement
    Shell Oil Co. Gas Gauge Class Action Settlement
    April 12 2007

    New Orleans, LA: (Apr-10-07) A class action lawsuit filed against Shell Oil Co. over the 2004 sale of tainted gasoline reached a settlement with Shell agreeing to pay out over $3.7 million. The suit was brought on behalf of Louisiana, Mississippi...

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