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San Francisco, CA: (May-01-08) The US Securities and Exchange Commission (SEC) brought charges against UTStarcom Inc., a maker of telecommunications infrastructure, handsets, and customer premise equipment for telecommunications service providers or operators, over an investigation that revealed that discrepancies in the company's financial disclosures d... - Medifast Weight Loss Programs and Products False Advertising Settlement
New York, NY: A $3.7 million settlement has been agreed between Jason Pharmaceuticals, a subsidiary of Medifast Inc, and the Federal Trade Commission (FTC), resolving charges that the company made unsupported claims about its weight loss programs and products. Medifast-brand low-calories meal substitutes, including its most popular plan called the... - Rentech Reaches Tentative Settlements of Securities Class Actions
Los Angeles, CA: Rentech, Inc. (NYSE AMEX: RTK) has reached agreements to settle all of the securities class action lawsuits pending in federal court and all of the shareholder derivative lawsuits pending in state and federal court against the Company and a number of its current and former directors and officers. The lawsuits relate to the Compa... - Iraq Veterans Awarded $85M in Personal Injury Lawsuit Against KBR, Halliburton
Portland, OR: 12 soldiers who became ill after serving in the Iraq war have been awarded an $85 million settlement in their personal injury lawsuit against American military contractor Kellogg Brown and Root (KBR). In their lawsuit, the first concerning soldiers' exposure to a toxin at a water plant in southern Iraq, the servicemen allege that KBR... - MoneyGram Settles Federal Wire Fraud Case for $100m
New York, NY: The money transfer company MoneyGram has agreed to forfeit $100 million and has admitted to wire fraud, settling one of the biggest money laundering cases ever brought by the Justice Department. According to documents filed on Friday, November 9, 2012, MoneyGram admitted that it failed to maintain an effective anti-money launderi... - Mohawk Industries Settles Employee Class Action for $18 Million
Fulton County, GA: Mohawk Industries and its employees who filed a class action lawsuit against the carpet manufacturer have finally reached a settlement worth a reported $18 million. The lawsuit has been in the courts for the past six years. The 'prime motivator' in the settlement is the fact that Mohawk's insurer, Zurich American Insurance, has agreed t... - $35M Settlement Approved in Babys R Us Class Action
New York, NY: Final approval has been given to a $35.5 million settlement in an antitrust class action lawsuit brought against Babies "R" Us and several baby product manufacturers. The lawsuit alleged Babies "R" Us conspired with the manufacturers to restrict competition by requiring all retailers to sell their goods at or above a minimum resale... - Premera Blue Cross Reaches $1.45M Settlement in Overtime Class Action
Seattle, WA: Preliminary approval has been granted for a $1.45 million settlement in a class action against Premera Blue Cross. The suit alleged that the company failed to pay overtime to tech workers. The class-action lawsuit was filed in 2010 and alleged that the Mountlake Terrace-based health insurance company and its subsidiaries had misclass... - Overtime Class Action Against Stahlbush Island Farms Reaches Settlement
Portland, OR: Workers who filed an overtime class action against Stahlbush Island Farms have agreed to a settlement. The deal covers more than 100 current and former employees of the Corvallis-area company who work or worked in its food precessing operation. The suit was filed in March 2010 in U.S. District Court in Eugene. The final agreement... - $600M Countrywide Securities Settlement Approved
Los Angeles, CA: A federal judge has approved a $601.5 million settlement of a class-action suit against Countrywide Financial Corp. The settlement is reportedly one of the largest class-action settlements stemming from the subprime mortgage crisis. Filed in 2007, the suit alleged that Countrywide, now part of Bank of America Corp., misled investor... - Homeopathic Remedies - False Advertising - Fraud - LawyersandSettlements.com
If you have purchased Natural Homeopathic medicines you may have been involved in a homeopathy scam , or homeopathy fraud . Certain homeopathic remedies are alleged to make unsubstantiated or false claims about improving health or 'curing' various ailments. Many homeopathic fraud lawsuits are being filed—and some have settled—by consumers who belie... - Satyam To Pay $125M in US Securities Class Action
New York, NY: Satyam Computer Services has agreed a $125 million settlement of a shareholder class actions. Satyam had argued that the US shareholder litigation should be dismissed because the US is not the home country of the company, and therefore the improper venue for the litigation. In a filing to the exchanges, the company said it has ent... - Samsung, Sharp, Agree to $538M Price-Fixing Settlement
Irvine, CA: A $538.6 million settlement has been agreed between Sharp Corp., Samsung Electronics Co. (005930) and five other makers of liquid crystal display panels which, if approved, would close claims that the company fixed prices on the panels used in computers and televisions. The attorney generals of eight states, including California, Florida... - GSK Reaches Potential $28 Million Settlement over Defective Paxil Tablets
GlaxoSmithKline has reached a tenative $28 million settlement in a class action lawsuit over manufacturing defects in certain tablets of their best selling antidepressant Paxil. The suit alleged that Paxil "controlled release" (CR) tablets made between April 1, 2002 and March 4, 2005, contained a manufacturing defect that caused the tablets to... - $2M Asbestos Mesothelioma Settlement Awarded
Washington, DC: A $2 million settlement has been awarded in an asbestos mesothelioma lawsuit brought on behalf of the now deceased Mr. Hannibal Saldibar. Saldibar, a tile setter from New Haven, CT, passed away in January 2010. On May 22, 2012, the jury hearing his case found that the Tile Council was aware that their products contained asbest... - WellCare Health Plans Agrees Preliminary $200M Settlement in Securities Fraud Case
Tampa, FL: Preliminary approval has been granted by a federal judge in Tampa for a $200 million settlement between WellCare Health Plans Inc. and plaintiffs who filed a securities class action alleging health care fraud. The settlement calls for WellCare to pay $87.5 million in cash and issue $112.5 million in bonds. A stipulation of the settlemen... - JetDirect Reaches Preliminary Settlement in Benefit and Retirement Class Action
Boston, MA: A tentative $400,000 settlement has been reached between the former owners of JetDirect and a group of ex-employees who claimed some of their benefit and retirement account money was diverted improperly. The plaintiffs filed a class-action lawsuit in 2010 alleging the Weymouth-based company used employee benefit money to pay for compa... - Pfizer Settles Celebrex Securities Lawsuit for $164M
New York, NY: Pfizer Inc, has agreed to pay $164 million in settlement of a securities class action lawsuit brought over allegations that it misprespresented results from clinical trials of Pharmacia's arthritis drug Celebrex. Pfizer acquired Pharmacia Corp, the maker of Celebrex, in 2002. In 2003, investors sued Pfizer and some former Pharm... - Fen-Phen Side Effects - Fen-Phen Lawsuit & Free Case Evaluation
Fen-Phen was withdrawn by the manufacturer, American Home Products (later Wyeth-Ayerst Laboratories), in 1997 due to alarming reports of heart valve defects found in approximately 30 percent of the subjects of an obesity study. The two drugs that make up the combination are fenfluramine (Pondimin) and phentermine (Ionamin). In addition, a drug known as R... - Bank of America Settles Securities Class Action for $2.43 Billion
New York, NY: A securities class action against Bank of America Corp (BoFA) has reached a preliminary settlement with the bank agreeing to pay $2.43 billion to end claims it was not forthcoming with financial information about Merrill Lynch & Co to the banks shareholders, prior to BoFA buying the securities house. BoFA agreed to buy Merrill Lynch in...