Settlements

Lyft Will Settle California Drivers’ Lawsuit for $27 Million

The California drivers filed the lawsuit for the right to be classified as employees, but they unfortunately failed to achieve that goal. Lyft claims a recent survey revealed that 80 percent of its drivers prefer to be independent contractors due to the flexibility it allows. But the plaintiffs filed the lawsuit, because as employees, Lyft would have been required to pay for their gas and …


Own a Remington Rifle? You’ll Want to Know How This Class Action Lawsuit Impacts You.

Over 7.5 million Remington gun owners will be impacted by U.S. District Judge Ortrie D. Smith’s decision in a class action lawsuit, which argued a number of Remington rifles have trigger issues. From the lawsuit: A proposed nationwide Settlement has been preliminarily approved in a class action lawsuit involving certain Remington firearms. The class action lawsuit claims that trigger mechanisms …


Wells Fargo and Others Settle 9 Year Suit

Unionized workers and other individual and institutional investors a $165 million all-cash settlement on Wednesday in connection with losses from securities issued by, NovaStar Mortgage Inc, The Royal Bank of Scotland (RBS), Wells Fargo, and Deutsche Bank. This settlement will end the nine-year class action lawsuit if approved by the U.S. District Court. The class action lawsuit settled on …


Remington Model 700 Trigger Lawsuit Settled in Court

Turning aside objections from gun owners, legal experts and nine state attorneys general, a federal judge has given final approval to a landmark class action settlement involving some 7.5 million allegedly defective Remington guns, CNBC reports this morning. The ruling allows the owners of some of Remington’s most popular firearms — including the iconic Model 700 rifle — to have …


KC-based Mortgage Lender NovaStar Agrees to $165 Million Settlement of Class-Action Suit

Investors have agreed to settle a nine-year class-action lawsuit against Kansas City-based NovaStar Mortgage Inc. and three Wall Street banks over investment losses tied to subprime mortgages. The settlement calls for a $165 million cash payment from NovaStar Mortgage, Royal Bank of Scotland, Wells Fargo and Deutsche Bank, according to a statement from the investors’ attorneys. All four had …


Judge Approves Final Settlement Against Providence Health for Denying Autism Coverage

Providence Health Plan has agreed to pay $10,000 each to two families whose boys were denied coverage for autism therapy and about $638,000 in attorney fees under a settlement reached in federal court. Providence Health Plan also agreed to never use the Developmental Disability Exclusion to deny coverage of behavioral therapy for autistic children under the settlement. U.S. District Judge …


$165M Settlement Reached in NovaStar MBS Class Action

A $165 million cash settlement has been reached in a class-action lawsuit that alleged investors were misled about the safety of mortgage-backed securities comprised of loans originated by now-defunct subprime lender NovaStar Mortgage Inc. The settlement with Deutsche Bank, NovaStar, Royal Bank of Scotland and Wells Fargo is pending approval by the U.S. District Court in the Southern District …


Alabama Town Agrees in Settlement to Stop Operating Debtors’ Prison

The settlement has been preliminarily approved by the U.S. District Court in Montgomery. The court will hold a final hearing in August to decide whether to formally approve the agreement. In a town where almost 30 percent of the population lives below the poverty line, at least 190 impoverished people were jailed for nonpayment within a two-year period.


Alabama City Accused of Jailing Poor People Reaches Legal Settlement

An Alabama city reached a legal settlement with the Southern Poverty Law Center Tuesday to end a class action lawsuit that accused it, and its chief of police, of illegally jailing people too poor to pay fines resulting from traffic and misdemeanor offences. The City of Alexander and Chief of Police Willie Robinson were accused of jailing at least 190 impoverished people over a two-year period, …


We-Vibe Sex Toy Manufacturer Settles US Class Action for Almost $4 Million

The manufacturer of a bluetooth-enabled sex toy has reached a US class action settlement of almost $4 million, after it was found to be collecting intimate data about the way purchasers used the vibrator device. The class action against sex toy company Standard Innovation Corporation was brought in the federal court by two anonymous women in the US last year, in relation to the We-Vibe 4 Plus, …