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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 ...
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: required parties to class action: United States Court of Appeals for the First Circuit
Class members can opt out of the monetary part of the settlement in addition to objecting in court. Visa, MasterCard, and issuing banks can scuttle the settlement if merchants that account for 25 percent or more of credit card spending in the United States since January 1, 2004, to the approval of the settlement. [11]
A class action in such a situation centralizes all claims into one venue where a court can equitably divide the assets amongst all the plaintiffs if they win the case. Finally, a class action avoids the situation where different court rulings could create "incompatible standards" of conduct for the defendant to follow. See Fed. R. Civ. P. 23(b ...
A class action lawsuit filed against T-Mobile alleges the company charges a hidden fee by misleading customers since 2004. ... ParkMobile $32.8 million settlement: How to join class-action suit ...
Oracle has agreed to offer monetary and non-monetary compensation to settle the class-action lawsuit against them. A lump sum, about $28.75 million, will be deducted from the $115 million to pay ...
Coupon settlements may be audited by an independent expert before judicial approval to ensure that the settlement will be of value to the class members (28 U.S.C.A. 1712(d)). In the United States, federal courts must hold a hearing and make specific findings that the coupon settlement is fair, reasonable, and adequate and that the class members ...
Wells Fargo has agreed to a pay $1 billion to settle a lawsuit filed by its shareholders who alleged the bank made misleading statements about its compliance with federal regulators after a fake ...