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Sort by date 7,387 pages found matching settlement- So, What IS Post-Settlement Funding, Anyway?
Jul-24-14 Farmington Hills, MI It’s not until you really get into the lawsuit process that it suddenly dawns on you as to how things really work, and what the reality of the process is. On the surface, an injured person who litigates against another party for compensation may, indeed, have a nice payday to look forward to at the end of the process. And yet ther... - Structured Settlement Funding and Why It’s Important
Aug-5-14 Farmington Hills, MI So you have heard this term called structured settlement funding. Perhaps it’s something your attorney has talked about, or maybe you’ve just seen it doing random online searches as your case percolates through the courts. In all likelihood, the subject has come up in conversations with your attorney as your case nears completion a... - A Pre- and-Post-Settlement Funding Primer
Oct-23-14 Farmington Hills, MI You wouldn’t ask an electrician to fix your leaky faucet, just as you wouldn’t expect your neighborhood roofer to figure out what’s wrong with your car. Such is the case with any attempt to secure pre- or post-settlement funding from a traditional bank: they don’t understand what they’re advancing a loan for. To a bank, a... - Post-Settlement Funding Remains a Viable Tool to See You Through
Jan-24-15 Farmington Hills, MI So your lawsuit has settled. On the surface, this is good news. That means that your personal injury, and the inconvenience and suffering you have endured, has been vindicated. Your medical bills will now be paid, and so on. And then your attorney suggests something known as post-settlement funding . What that is, and why you may... - Structured Settlement Funding, and Why You May Need It
Nov-15-14 Farmington Hills, MI Over the past year we have learned much about various funding options that help keep you going while your case is moving through the courts. Pre-settlement funding, also known as a lawsuit advance , is a loan against the expected proceeds of your case that allows you access to cash now. Once your case settles, the loan and interest... - Plaintiffs Cry Foul over $10.2 Million Morgan Stanley Settlement Offer
Oct-3-19 San Francisco, CA The Northern District of California has preliminarily approved an agreement to settle a California labor lawsuit brought by a group of financial advisors who claim that Morgan Stanley Smith Barney failed to pay business expenses in violation of California labor laws. The $10.2 million settlement covers a class of 2,800 California-based f... - Five Guys and California Plaintiff’s Fifth Agreement Nearing Settlement
May-12-23 Santa Clara, CA A class action lawsuit alleging the Five Guys violated California labor laws by denying its workers breaks and overtime pay has reached a fifth proposed settlement. The $1.2 million deal involves 2,206 non-exempt workers at the gourmet burger chain. In a brief filed April 13, 2023 , the Five Guys employees urged U.S. District Jud... - Allianz Asset Management Settles ERISA Lawsuit for $7.5 Million
Oct-3-23 Santa Ana, CA On August 18, Allianz Asset Management of America, LLC and the Investment Committee of the Allianz Asset Management of America 401(k) Savings and Retirement Plan agreed to settle a breach of fiduciary duty ERISA lawsuit brought by former participants in the plan. The $7.5 million payout will go to roughly 5,139 participants and beneficiarie... - 3M’s Earplugs v. The U.S. Trustee
Oct-31-23 Pensacola, FL A group of 3M’s Aearo Technologies’ attorneys have taken issue with the U.S. Trustee’s objection to their motion seeking more than $7 million in fees in the 3M combat arms earplug lawsuit settlement of more than $6 billion. Without their "substantial contribution" to the dismissal of the Aearo bankruptcy case, th... - 3M Sending Payments for Faulty Combat Earplugs
Feb-12-24 Santa Clara, CA As part of its $6 billion faulty combat earplug settlement, 3M began sending payments last month to military veterans who suffered hearing loss and other significant injuries. The payments will resolve about 300,000 lawsuits claiming the manufacturing company knowingly sold defective earplugs that caused hearing loss and tinnitus. Those a... - Attorney Gary E. Mason Discusses Recent Activity in the Chinese Drywall Litigation
Sep-8-10 Washington, DC Attorney Gary E. Mason can attest to the fact that the Chinese drywall litigation isn't cut-and-dried. "At the August status conference, US District Court Judge Fallon said the case was 'rapidly approaching the end game,' says Mason. "Fallon announced that a mediation was scheduled for August 24. The participants would include representa... - $12.5 Billion PFAS Settlement Revised to Extend 3M Liability
Sep-29-23 Charleston, SC On August 29, the District Court for the District of South Carolina preliminarily approved a revision to the $12.5 billion proposed settlement in a class action perfluoroalkyl and polyfluoroalkyl lawsuit brought by a long list of water utilities. The settlement was reached after a five-year legal battle that involved 37.4 million page... - Chicago Hospital Settles Class Action for $55M
Feb-22-24 Evanston, IL NorthShore University Health System has agreed to pay $55 million to settle a federal consumer class action lawsuit that was filed back in 2007. The settlement ends 16 years of litigation over its merger with another hospital that allegedly allowed NorthShore to illegally monopolize the market and unfairly raise prices on patients. NorthSho... - Understanding Class Action Settlement Administration
May-23-06 Understanding Class Action Settlement Administration In an effort to look for ways that will benefit our subscribers with new interests, www.lawyersandsettlements.com recently spoke with the president of an up-and-coming firm, Class Action Administration (CAA), Inc. CAA specializes in assisting attorneys with all phases of class action cases. CAA'... - Landmark Credit Union Settles Overdraft Fees Lawsuit
Aug-15-18 New Berlin, WI: Danell Behrens filed a proposed class action overdraft fees lawsuit in February 2017 against Landmark Credit Union (LCU), alleging the not-for-profit financial institution charged its members more than $2 million in overdraft fees, in violation of the Electronic Fund Transfer Act (ETFA) and LCU’s own overdraft program contract. LCU has... - DuPont, Corteva and Chemours to Pay State of Ohio $110 million
Dec-11-23 Washington County, OH The chemical manufacturers of “forever chemicals”, namely DuPont, Corteva and Chemours, have reached a $110 million settlement with the state of Ohio. The PFOA lawsuit was filed by Ohio Gov. Mike DeWine, claiming that PFOA, the manmade chemical perfluorooctanoic acid, was released in the air and water from DuPont’s... - Pre-Settlement Funding for Traumatic Brain Injury Cases
May-16-13 While the proceeds from a lawsuit can cover a plaintiff’s medical expenses after a traumatic brain injury, the personal injury lawsuit can take years to settle. During this time, the injured plaintiff is usually seeking ongoing medical treatment and is unable to work either temporarily or permanently. When a plaintiff is unable to pay even basic living exp... - Credit Card Abuse Comes in All Shapes and Sizes
Jan-1-13 Brooklyn, NY While the settlement may be worth CDN $8 million, the value to credit card holders affected by the agreement is worth about five bucks. On the other side of the credit card abuse ledger is a case that may easily translate to the largest antitrust case in US history. The latter stems from a seven-year battle by trade associations and mer... - Bayer’s Roundup Settlement: A Brief History
Mar-29-21 Santa Clara, CA Bayer has been working out Monsanto’s Roundup settlement since acquiring the glyphosate manufacturer in 2018. The corporation expects to resolve future claims that its weedkiller causes cancer by mid-May. Here is a brief history of Bayer’s $11 billion outline settlement. 2015: The World... - Hewlett Packard Settles Gender Discrimination Lawsuit
Oct-17-22 Santa Clara, CA Hewlett Packard Enterprise Co has agreed to settle a proposed class action that accused the tech giant of paying women less than men. The settlement stems from a California labor lawsuit filed in Santa Clara County Superior County in November 2018, claiming the company violated the California Equal Pay Act and Unfair Competition Law...