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  • Peanut Corp. of America to Pay Settlements
    The Peanut Corp. of America (PCA) will give settlement payments to the families of nine victims who died and 44 children who got sick from salmonella-contaminated PCA peanut butter last January, 2009. Kellogg has agreed to pay part of the settlement payments: contaminated peanut ingredients used in its crackers came from PCA. After PCA filed for bankrupt...
  • Merrill Settles Investor Class Action for $475 Million
    Merrill Lynch has settled allegations that they artificially inflated stock prices from late 2006 through to 2008, leading to significant losses for investors. Ohio Attorney General Richard Corday said the settlement funds are now ready for distribution to investors in that state, which include The Ohio State Teachers Retirement System and others. The settle...
  • Charter Communications Provides Preliminary Settlement of Labor Class Action Suit
    Installers and other employees of Charter Communications, who brought a class action suit against the company, could see a settlement of $28.5 million. District Judge Barbara Crabb gave preliminary approval to the proposed settlement on Friday. The settlement also proposes $4 million in settlement services. The suit, filed in 2007, alleged that the com...
  • Cintas Settles Overtime Class Action for $22.75 Million
    Cintas Settles Overtime Class Action for $22.75 Million This week hundreds of delivery drivers at the nation's largest uniform provider, Cintas, were notified a $22.75 million settlement agreement had been reached in the class action overtime lawsuit, Veliz v. Cintas Corporation. It was a long road for the uniform delivery drivers, whose suit, filed in...
  • Banner Supply Agrees to Pay $54.4 Million in Chinese Drywall Class Action
    Miami, FL: A $54.4 Million settlement has been reached in a Chinese drywall lawsuit brought againt Banner Supply by homeowners in the Orlando area. The agreement covers 2,000 to 3,000 homes south of Orlando. Some 7 million sheets of tainted drywall were imported from China between 2000 and 2009, according to the Consumer Product Safety Commission...
  • Family of Surgeon Killed in Bicycle Crash Awarded $13 Million
    San Diego, CA: A $17.4 Million settlement had been awarded by a jury hearing the wrongful death suit filed by the family of a surgeon killed in a bicycle accident. In 2009, Michael Mazurek, an orthopedic trauma surgeon with the US Navy, was cycling to work when he was allegedly cut off by an American Medical Response van driven by Gustavo Gonzal...
  • J&J Guilty of Deceptive Marketing in Arkansas Risperdal Lawsuit
    New York, NY: Johnson & Johnson (J&J) may have to pay $1.25 billion for deceptive marketing of its atypical antipsychotic Risperdal , according to media reports. The settlement, ordered by a judge in Arkansas, is one of the larger J&J may have to pay for deceptive marketing of the drug. According to a report by Bloomberg, jur...
  • Wells Fargo Settles Gender Bias Suit for $32 Million
    Washington, DC: A federal judge in Washington has approved a $32 million settlement of a class action brought against Wells Fargo Advisors by a group of women who alleged gender discrimination. Reportedly, some 3000 female financial advisors make up the class. Under the terms of the settlement, Wells Fargo Advisors will implement policies and pr...
  • HSBC Settles Madoff Fraud Securities Suit for $62.5 Million
    New York, NY: A lawsuit against HSBC Holdings PLC, has been settled with Europe's largest bank agreeing to pay $62.5 million to a private group of investors who lost money in association with a Madoff securities fraud. The investors had placed funds with Ireland-based Thema International Fund Plc, the assets of which were held with Bernard L. Madof...
  • Landowners Win Pollution Suit Against Continental Carbon
    Landowners Win Pollution Suit Against Continental Carbon A $10.5 million settlement has been reached in a class-action lawsuit against Continental Carbon Co. The suit was brought by about 1,800 landowners and the Ponca Tribe of Indians over alleged pollution damages caused by black dust from a carbon black plant in Ponca City. The terms of t...
  • Medtronic Agrees $85M Bone Graft Securities Class Action Settlement
    New York, NY: Medtronic has agreed to pay $85 million to settle claims brought by investors in a securities class action lawsuit. The lawsuit claims that the investors were misled by company leaders on the off-label uses of the company's bone graft. The settlement still awaits final documentation and court approval. The lawsuit, filed in 2008...
  • Louisiana-Pacific Settles for $44.5 million
    Louisiana-Pacific Corporation announced that it has reached settlement agreements in the OSB antitrust litigation in order to limit the risks and costs associated with at least two lengthy jury trials. The company denies that it violated any U.S. antitrust law or any other law. Under the terms of the settlement agreement with the certified class of dire...
  • Toning Shoes False Advertising and Personal Injury Lawsuits
    Toning shoe lawsuits have been filed against the makers of tone-up shoes alleging that the shoes were defectively designed and caused harm to people who wore the shoes. Among the claims in some toning shoes lawsuits are that the shoes were falsely advertised, including misleading statements about the health benefits linked to the shoes. Among companies...
  • Severe Workplace Accident Results in $7 Million Settlement
    Corpus Christie, TX: A $7 million settlement has been reached in a personal injury case involving a man who suffered severe burns to his face, neck and arms while working at the Crude and Vacuum unit of Citgo' East Plant. The case, Jose Herrera II v. Refined Technologies Incorporated, claimed that on February 22, 2008, Herrera was connecting an...
  • Meeting Notification for US Auto Parts Class Action Settlement
    A Notification entitled "Meeting Notification for US Auto Parts Class Action Settlement" was posted on this site on July 7, 2008. The notification (of a hearing, not a meeting) correctly stated: "A hearing will be held regarding US Auto Parts Common Stock and a $10 million class action settlement, on September 29, 2008, at 8:30 a.m., before the Honorable Geo...
  • $173M Settlement Reached in Chip Antitrust Suit
    Seattle, WA: A negotiated settlement between state attorneys and six top Dynamic Random Access Memory (DRAM) manufacturers has been reached, in an antitrust class action lawsuit alleging that the chip makers colluded to fix prices of the electronics. The suit was brought by consumers and 33 states, following a federal investigation that began in...
  • Brooks Automation Reaches Settlement in Securities Class Action
    Brooks Automation, Inc. announced on Tuesday that it has reached a settlement in principle regarding the consolidated securities class action filed in June 2006 pertaining to the Company's historical stock option granting practices and related accounting. The terms of the settlement, which include no admission of liability or wrong doing by Brooks,...
  • Preliminary Class Action Settlement Reached in Lawsuit Against Tellabs
    New York, NY: To all persons who purchased the common stock of Tellabs, Inc. during the period from December 11, 2000 through June 19, 2001, inclusive (the "Class"). You are hereby notified, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the Court, that a settlement of the above-captioned certified securities class ac...
  • Missouri Cities, AT&T Reach Preliminary $65 Million Settlement
    Some 330 cities in Missouri will split $65 million to be paid by AT&T as settlement of a class action suit alleging that the communications gint underpaid telephone business taxes. If approved, $17 million will go to 10 cities in the Kansas city area as settlement of a class action going back to 2004, over taxes on landlines. The settlement...
  • State of Virginia to pay $11 million settlement in Virginia Tech massacre.
    Richmond, VA: (Jun-17-08) A Virginia Circuit Court has approved an $11 million settlement for families of most of the victims in last year's Virginia Tech massacre. Families of 24 victims are set to receive $100,000 each, the maximum allowed by Virginia's liability limit, while 18 people injured during the rampage will receive up to the $100,000 maximum,...
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