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Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...
Negotiate the amount of the 1099 income before you finalize the settlement: Before you sign the settlement agreement, define whether or not the defendant will issue a Form 1099 or not. If they ...
In 1996, LP committed at least $275 million to a settlement with 800,000 homeowners who had used the Inner-Seal siding. [9] In April 2003, LP implemented a Claimant Offer Program to speed payments to claimants. In what was the largest class-action lawsuit in the history of the siding industry, LP paid out more than 37,000 claims.
The settlement of the lawsuit defines legal requirements of the parties and is often put in force by an order of the court after a joint stipulation by the parties. In other situations (as where the claims have been satisfied by the payment of a certain sum of money), the plaintiff and defendant can simply file a notice that the case has been ...
PlayStation 3 system software#Class action suit filed over update 3.0; PlayStation 3 system software#Class action suits filed over update 3.21; PlayStation Network outage#Legal action against Sony; Polybutylene#Class action lawsuits and removal from building code approved usage; R2C2#Class action lawsuit; Raytheon#Securities litigation
The lawsuits drove the company to declare bankruptcy in 1995, before it agreed to pay $2.3 billion to settle claims from 240,000 women in amounts ranging from $2,000 to $250,000 each in 2004 ...
On March 15, 2024, the National Association of Realtors announced that it would settle the lawsuit rather than appeal. The group agreed to change how commissions are paid and to pay back $418 million over four years. [16] The judge presiding over the case granted preliminary approval to the settlement on April 23, 2024. [17]
Cash App settled a class action lawsuit stemming from a data breach in 2021 that exposed the personal information of millions of current and former users of the app.