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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 ...
Total settlement: $60 million. Deadline to file claim: May 18, 2023. Requirements: Must have been an unlimited data customer between Oct. 1, 2011 and June 30, 2015.
A settlement, as well as dealing with the dispute between the parties is a contract between those parties, and is one possible (and common) result when parties sue (or contemplate so doing) each other in civil proceedings. The plaintiffs and defendants identified in the lawsuit can end the dispute between themselves without a trial. [2]
Lawsuit Subject of lawsuit Court of decision Year of decision AT&T Mobility v. Concepcion: contracts that exclude class action arbitration: Supreme Court of the United States: 2011 Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Dabit: SLUSA preempting state law class action claims: Supreme Court of the United States: 2006 West v. Randall
A payout from a tech giant may be in your future, if you are game enough to file a claim by next month. Oracle America agreed to settle a class-action lawsuit in May for $115 million over ...
In February 2022 Cedar missed interest payments of 20 billion yuan (US$3.15 billion) owed to clients, casting doubt on the soundness of the business; [10] [11] The Nikkei described it as being built on a "shell game," reporting that "Most of the goods traded by Cedar did not belong to Cedar, a person with knowledge of the matter said.
The CFTC filed a criminal complaint in Cedar Rapids against the Cedar Falls firm Peregrine Financial Group, Inc., and Russell R. Wasendorf, Sr. [5] Wasendorf was also sued on July 13 by Michael LaSalvia of Naperville, Illinois, who sought class action status for his suit against the CEO and his son.
A new legal setback for Johnson & Johnson could make it more difficult for 3M and other big companies to use a controversial bankruptcy tactic to shed costly product-liability lawsuits.A US ...