Settlements


Dairy Groups Settle Price-Fixing Lawsuit for $52M

According to a statement from Jim Mulhern, president and CEO of the National Milk Producers Federation, the group is settling the suit to put the issue behind them and move on to other issues. “It is important to note that the court has found no antitrust violation and CWT makes no admission of wrongdoing in this settlement. The activity at issue in this litigation — the herd …


INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit Against Endologix Inc. And Encourages Investors With Losses to Contact the Firm

Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Endologix Inc. (“Endologix” or the “Company”) (Nasdaq: ELGX) concerning possible violations of federal securities laws. Investors who purchased or otherwise acquired Endologix shares between August 2, 2016 and November 16, 2016 inclusive (the “Class Period”), are encouraged to …


Court Approves Verizon Settlement Over Merger Tax Objections; Sets New Standard

A Manhattan New York state appeals court on Thursday said the class action settlements should be assessed in approving a class action settlement involving a challenge by shareholders to Verizon Communications Inc’s ( VZ )$130 billion acquisition of Vodafone Group Plc’s (VOD.L)subsidiaries. The Appellate Division, First Department, decision said that shareholders and Verizon were …


Uber Settles FTC Lawsuit Claiming It Misled Drivers About pay

Uber settled a lawsuit filed by the Federal Trade Commission today for $20 million. The lawsuit alleged that the ride-hailing app recruited drivers by misleading them about the amount of money they could earn through the app and the auto financing deals they could get through Uber’s Vehicle Solutions Program. The lawsuit claims that Uber made “false, misleading, or unsubstantiated claims …


Penske to Settle Calif. Truckers’ Class Action for $750K

A long-running California wage-and-hour class action alleging Penske Logistics LLC failed to provide truck drivers with meal breaks will be settled for $750,000, a deal that will cancel a scheduled February trial and distribute $332,500 to drivers after attorneys’ fees and other costs are deducted, according to a court filing late …


Orange Unified to Pay $10 Million to Settle Lawsuit Over 2014 Bus Crash

The Orange Unified School District has reached a $10 million settlement with the families of five children injured in a 2014 school bus crash in Anahim Hills, a law firm announced Tuesday. Several children were seriously injured when bus driver Gerald Rupple passed out and smashed the coach into a tree while driving 11 children home from El Rancho Charter Middle School. Rupple, now 27, is …


City Agrees to Pay $56.5 Million to People Written Bogus Tickets by the NYPD

New York City has agreed to pay out as much as $75 million in taxpayer money to settle a long-running class-action lawsuit regarding hundreds of thousands of bogus summonses that lawyers alleged were the product of the NYPD’s quota system . The proposed settlement hit the Manhattan federal court docket this afternoon and still needs a judge’s sign-off. If approved, the …


JPMorgan Pays $55M to Settle Mortgage Discrimination Lawsuit

JPMorgan Chase agreed to a settlement with the U.S. government over allegations that it discriminated against “thousands” of black, Hispanic mortgage borrowers from 2006 through 2009. The bank’s independent brokers charged minority borrowers higher mortgage interest rates and fees during that period, compared to “similarly situated white borrowers,” according to a government lawsuit filed Wednesday in a New York federal court. JPMorgan is expected to settle the lawsuit for $55 million without admitting any liability. “We’ve agreed to …


States Join Objections to Remington Rifle Settlement

Attorneys general from nine states and the District of Columbia are urging a federal judge to reject a proposed class action settlement involving millions of allegedly defective Remington rifles including the iconic Model 700, saying the agreement “fails to adequately protect public safety.” The 38-page filing, which alleges that Remington has “long known” that the guns can fire without the …