Yakima Valley farm workers involved in a class-action lawsuit since 2012 against a management company for wrongful firing will receive their settlement payments Sunday according to a news release from Columbia Legal Services. NW Management and several other companies agreed to a settlement payment after several years of litigation according to the news release. Columbia …
A federal judge has given preliminary approval to a $64-million settlement to be paid to investors by two former Dana Holding Corp. top executives who were the target of a securities-fraud class action lawsuit. In an order issued this week, Judge James Carr of the U.S. District Court in Toledo tentatively approved the settlement and scheduled a hearing for Nov. 18. In the meantime, the judge …
CALGARY – Enbridge Inc. has reached a US$177-million settlement with the U.S. government six years after two major pipeline ruptures fouled rivers in the Midwest and damaged the company’s reputation. The settlement announced Wednesday includes US$61 million in fines for violations of the Clean Water Act related to a pipeline spill near Marshall, Mich., that sent more than 3.19-million litres of …
The City of St. Louis must refund $750,400 to the 21,000 people who paid “warrant recall fees” in the past seven years. On July 19, St. Louis Circuit Court Judge David Dowd gave final approval on a class-action lawsuit settlement with the city – which also deemed that St. Louis can never charge these fees again. In St. Louis, if you missed a court date regarding a warrant fee, the court would …
HSBC Holdings PLC’s (NYSE:HSBC) restructuring effort could be affected by increased litigation charges, in addition to new proposed regulation by the Basel Committee, for estimating operational risk. HSBC’s unit HSBC Finance Corp has agreed to settle the shareholder claims related to Household International, which are 14-years old, for the payment of worth $1.575 billion. HSC spokesman Rob …
Thursday, a unit of HSBC Holdings said it will pay $1.575 billion in order to end a 14-year old shareholder class action lawsuit. The lawsuit stems from questionable mortgage lending undertaking more than a decade ago from the Household International consumer finance business that HSBC bought in 2003, according to an article by Jonathan Stempel for Reuters. In the second quarter, the company …
St. Jude Medical Inc has reached a $39.25 million class action settlement with shareholders to resolve claims it downplayed the possible dangers associated with a product used to connect implantable defibrillators to patients’ hearts. The preliminary settlement, disclosed Thursday with the U.S. District Court in Minneapolis, requires a judge’s approval. It resolves claims that St. Jude inflated …
A federal judge will decide whether to give the final sign off to the settlement of a class action lawsuit challenging Warner/Chappell Music’s claim to the song “Happy Birthday to You” after a group of plaintiffs contended that it is in the public domain. U.S. District Judge George King will consider the settlement of the case that calls for a $14 million fund to compensate those who licensed …
European owners of nearly three million tainted Volkswagen AG cars may go empty-handed despite the agreement in the U.S. on a near $15 billion settlement to resolve the German auto maker’s emissions-cheating scandal. Volkswagen, Europe’s leading car maker by sales, has agreed to pay up to $14.7 billion to settle legal emissions-cheating claims with regulators and owners of nearly 500,000 …
Hundreds of Hawaii drivers will be getting money back from a $10 billion settlement with Volkswagen. The settlement involved consumer protection claims raised by a multistate coalition of State Attorneys General in 43 states and jurisdictions against Volkswagen AG, Audi AG, and Volkswagen Group of America, Inc., Porsche AG and Porsche Cars, North America, Inc. – collectively referred to as …