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Mar 1, 2024 · Class action lawsuits are a type of legal case where one claimant represents a wider group (the class) in litigation against an individual or company, usually the latter. Sometimes unfairly tagged as being frivolous, class actions can often be serious legal challenges, highlighting wrongdoing on the part of a company.
- Breast Implants
- Cendant Corporation Accounting Fraud
- Native American Trust Lands
- Fen-Phen Diet Drugs
- Worldcom Accounting Fraud
- Visa/Mastercard Antitrust
- Enron Securities Fraud
- Volkswagen Emissions Scandal
- Bp Gulf of Mexico Oil Spill
- Big Tobacco
Dow Corning Corporation agreed in 1998 to pay out more than $3.2 billion to around 170,000 women to settle a class action lawsuit claiming injuries and illnesses caused by silicone breast implants. The members of the class allegedthey suffered things like surgery complications, implant rupture, rheumatoid arthritis and other ailments stemming from ...
Accounting irregularities uncovered at travel and real estate company Cendant Corporation in 1998 led to a $3.2 billion settlement that was approved for shareholders two years later. Cendant was formed via a merger between CUC International and HFS Inc. in 1997. Not long after that, former CUC accountant Casper Sabatino tipped off authoritiesto a s...
The federal government agreed to a $3.4 billion settlement in 2009 after 13 years of litigation over the question of whether it had improperly managed income from lands that were supposed to be held in trust for Native Americans. The class action stemmed from the 1887 Dawes Act, which enabled the Department of the Interior to take ownership of the ...
In 2000, a federal judge approved a $3.75 billion settlement in a class action lawsuit against drug company American Home Products, makers of fenfluramine, after the fen-phen diet drug combination was linked to potentially fatal heart valve damage. The company — which changed its name to Wyeth two years after the settlement was approved — sold the ...
WorldCom, the long distance telephone company that has since changed its name and been purchased by Verizon, had to pay out more than $6.1 billionin settlements after it admitted that the company had inflated assets between 1999 and 2002. WorldCom disclosed it misreported around $3.9 billion in 2002, then later disclosed another $3.3 billion in mis...
Visa, Mastercard, and banks including Bank of America, Citigroup, and J.P. Morgan Chase & Co. agreed in 2018 to a $6.2 billion settlementin a lawsuit alleging the card companies had fixed swipe fees to benefit the banks. The lawsuit, which dates back to 2005 and was brought on behalf of merchants who pay the swipe fees, had already been settled in ...
In the biggest securities settlement of all time, shareholders in Enron were approved to receive $7.2 billion in 2008 after years of litigation over the infamous scandal. Enron used accounting techniques, including mark-to-market accounting — essentially allowing the company to list estimates of profits rather than actual profits — to misrepresent ...
A $14.7 billion settlement was approved in 2019 in connection with the Volkswagen emissions scandal. The German automaker had installed “defeat devices” that allowed more than 500,000 of its diesel vehicles to automatically detect the conditionsof an emissions test in the United States and change their driving behavior. This allowed the cars to dec...
In April 2010, the Deepwater Horizon oil rig, operated by oil company BP, exploded in the Gulf of Mexico off the coast of Louisiana, killing 11 workers and injuring 17. The explosion caused thousands of barrels of oil to leak into the gulf for months — BP originally estimated about 1,000 barrels per day, but the U.S. government later estimated the ...
Of all of the class action lawsuits in US history, the Big Tobacco settlement by far takes the cake for the largest settlement of all time. The Tobacco Master Settlement Agreement— reached in 1998 between the four largest cigarette manufacturers in the United States and attorneys general of 46 states, five US territories, and the District of Columb...
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In this article, GJEL explores the top class action lawsuits in American history. It’s not every day that companies agree to pay $2 billion or more to compensate the victims of irresponsible corporate behavior.
- Twitter. Just moments before the scheduled start of a jury trial in September 2021, investors and Twitter agreed to a $809.5 million settlement, which was legally approved in late 2022.
- Teva Pharmaceutical. The $420 million settlement between Teva and investors resolves allegations that the company engaged in a generic drug price-fixing conspiracy that allowed it to drastically raise prices on generic drugs from 2013 to 2015 – as high as 1,000%.
- Luckin Coffee. The complex U.S. class action against the Chinese-based rival to Starbucks, which filed for bankruptcy in the Cayman Islands, was legally resolved in July 2022, resulting in a $175 million payout for investors.
- BlackBerry. After 8.5 years from the initially filed complaint in October 2013 – and just one day prior to jury selection for the scheduled trial – BlackBerry agreed to resolve its U.S.-
Sep 1, 2023 · Indivior agreed to a $30 million antitrust class action lawsuit settlement to resolve claims that it worked with other companies to raise the cost of Suboxone, a treatment for opioid addiction.
United States District Court for the Northern District of California. Gonzalez v. Abercrombie & Fitch Stores. racial and gender discrimination in employment and marketing. Gratz v. Bollinger. undergraduate affirmative action admissions policy too mechanistic in its use of race as a factor in admissions.
Dec 7, 2020 · 1. Kimpton Hotels Data Breach Settlement. Topping the list is a $10,125 check received by a TCA reader from a Kimpton Hotels class action settlement. The settlement, worth $600,000, resolved claims that the company failed to protect customers’ information in a 2016 data breach.
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related to: top class action suitsJoin a pending class action lawsuit or submit a claim directly. You have nothing to loose. Listing of notable Ohio mass tort, single event & class action lawsuits
