Archive for the 'Settlements' Category

Anti WEF Lawsuit To Go For Settlement

Wednesday, July 16th, 2008

New York City attorneys have decided to go for a settlement of the anti-WEF protests lawsuit. The lawsuit was filed by the 215 demonstrator arrested at the World Economic Forum meeting in New York City back in 2002. The class action lawsuit charged that the NYPD (New York Police Department) had attempted to show [...]

Junk Faxes To Go For Record Making $1.8 Million Class Action Settlement

Monday, July 7th, 2008

The class action lawsuit over the Junk Faxes has reached the settlement worth $1.8 million. It is reported to be the largest ever telemarketing settlement in Massachusetts so far. Framingham-based consumer attorney Matthew P. McCue, filed the case in 2002. He told the media that he can never expect his efforts to enforce the federal [...]

UnitedHealth Group Inc To Settle Two Class Action Lawsuit Related To The Stock Option Practices.

Monday, July 7th, 2008

The leading health insurer UnitedHealth Group Inc has today decided to settle the two class action lawsuits against them. The company has decided to pay a sum of over $900 million to settle two lawsuits related to the historical stock option practices.

CalPERS And Other Pension Funds Settle Class Action Lawsuit Against UnitedHealth Group

Sunday, July 6th, 2008

The pension funds of California including the California Public Employees’ Retirement System, has decided to go for a settlement over the class action lawsuit against the healthcare giant UnitedHealth Group. The lawsuit settlement is an outgrowth of a 2006 scandal in which UnitedHealth provided executives with windfalls by backdating stock options given as incentive payments. [...]

Michigan To Go For A Settlement With The Children’s Rights Group Over The Children Welfare Lawsuit

Sunday, July 6th, 2008

Michigan has settled the class action lawsuit with the Children’s Rights group over its child welfare system, just days before the case was scheduled to go to trial. The group has forced change in child welfare systems in several other states. The settlement mandates top-to-bottom reform and federal court oversight of Michigan’s long-failing child welfare [...]

Purchasers of Publicly Traded Common Stock of U.S. Auto Parts Network, Inc.To Go For Hearing Over The Proposed Class Action Settlement

Wednesday, July 2nd, 2008

The purchasers of the Publicly Traded Common Stock of U.S. Auto Parts Network, Inc. (PRTS) have decided to come to a settlement with the company over the $ 10 million class action lawsuit. The company has issued a notification to all the persons who purchased the common stock of the company between February 9, [...]

Free Credit Monitoring As Class Action Settlement

Tuesday, July 1st, 2008

In a class action settlement the U.S. District Court in Chicago allows free monitoring to all of the American credit card holders . Under the terms, the card holder may qualify for six or nine months of daily monitoring of your credit file plus unrestricted access to your credit report and score. To be eligible, [...]

Prominent Class Action Lawyer Gets 5 Years in Judge Bribery Case

Monday, June 30th, 2008

It seems the Hurrican Katrina is back in news once again, but from a legal point of view this time. Mr. Richard F. Scruggs, a leading plaintiff’s lawyer, has been found guilty in the Bribery Case in the The Mississippi federal court. He has been accused of an attempt to offer bribe of $50,000 for [...]

$7.75 Million To Be Paid To Brooks Automation Under Securities Class Action Settlement

Friday, June 27th, 2008

Brooks Automation Inc. announced that it has reached a settlement in the securities class action filed in June 2006. The class action lawsuit was filed in relation with the company’s stock option granting practices and related accounting. Under the terms of the agreement, $7.75 million will be paid into a settlement fund, pending [...]

Household Finance Corp. Class Action Lawsuit Payments by August, 2008

Saturday, June 21st, 2008


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