Posts Tagged ‘ Lowe’s ’

Week Adjourned: 8.13.10

August 13th, 2010. By LucyC

Top Class Actions

No Answer for No Answer Charges? A couple of major players in the telecommunications game got hit with class actions this week. First up—AT&T. The suit alleges violations of federal truth-in-billing laws, false advertising and deceptive trade practices under New York law, and breach of contract, among other things.

Lead plaintiff, Los Angeles resident Kenneth Thelian, claims he was charged $12.90 partly for calls that he did not answer. He allegedly complained to AT&T who reversed $8 of the charges, but the company representative “did not adequately explain why these charges were incurred.”

Thelian faced a further $15.81 in roaming charges while traveling in Montreal, Canada in August 2005, again for calls he did not answer. Then, in February and March of 2007, Thelian was billed $92.72. “The bill did not indicate which of these charges were for calls that he did not answer while traveling abroad,” the suit alleges.

So, maybe time to be checking those phone bills…

And, second up—T-Mobile. This class action alleges that the company puts limits on its unlimited data plan. Ummm. who would have thought…

The suit claims that advertisements for T-Mobile’s “Unlimited Web & E-mail” plans, offered for both Blackberry and other brands of smartphones, promise the consumer access to Read the rest of this entry »

Tags: Astra Zeneca, ATT, Cell Phone, chinese drywall, Lowe's, Seroquel, T-mobile, Week Adjourned
Posted in Week Adjourned | 4714No Comments »Week+Adjourned%3A+8.13.102010-08-13+22%3A04%3A40LucyC

Bought Drywall at Lowe’s? There’s a Settlement…

August 11th, 2010. By LucyC

A rather big announcement this week for people who purchased sulfur contaminated drywall from Lowes, the do-it-yourself (DIY) home building supplies retailer. They have agreed to pay the equivalent of $6.5 million in gift cards, to end a class action lawsuit that claimed they sold defective drywall.

So if you bought defective drywall—i.e. sulfur laden drywall—Chinese drywall—you know the stuff—at Lowes, you could be eligible for a gift card. FYI—there doesn’t appear to be any information on how much the gift cards will be for.

The settlement agreement, interestingly, didn’t specify where Lowe’s obtained their defective drywall, but in a report by the Wall Street Journal, a company spokesperson is quoted as follows “Lowe’s has been assured by vendors who provided stock drywall for sales in our stores that drywall they provided was not imported from China. But the settlement includes claims of all types of allegedly defective drywall people claim to have purchased from Lowe’s.”

I don’t know if it’s just me but $6.5 million seems a rather paltry amount, considering the damage inflicted on tens of thousands of unsuspecting homeowners. Although it is larger than the settlement awarded in the first Chinese drywall trial brought by Lisa and Armin Seifart. More on that in a minute.

According to the Homeowners Consumer Center in Washington, D.C, Chinese drywall has Read the rest of this entry »

Tags: chinese drywall, defective drywall, Lowe's
Posted in Defective Products, Settlement | 469311 Comments »2010-08-11+14%3A10%3A42LucyC

Week Adjourned: 9.25.09

September 25th, 2009. By LucyC

Top Class Actions

Behavioral Healthcare Behaving Badly? So, another securities class action to report this week, this one centers on Psychiatric Solutions Inc, a company that provides inpatient behavioral healthcare services. Great—they’re in the behaviour business…that’s encouraging…The suit alleges that the folks running the company— directors and officers—failed to disclose problems regarding safeguards and controls for some of its operations, and that the company directors and certain of its officers flogged stock on the back of “materially false and misleading” statements about their financial health.

While this class action obviously affects people who bought Psychiatric Solutions stock, did you know that if you are an employee and have been issued stock or stock options in this company—you may be eligible as a plaintiff in this class action under Employee Retirement Income Security Act (ERISA)?

Top Settlements

Say it isn’t True, True. Another dating story gone wrong—only this time it’s the dating site that’s to blame—not the date. TrueBeginnings LLC, the owner and operator of the True.com Read the rest of this entry »

Tags: Lowe's, Psychiatric Solutions, True.com, Week Adjourned
Posted in Week Adjourned | 1442No Comments »Week+Adjourned%3A+9.25.092009-09-26+00%3A16%3A19LucyC