Class ActionRSS

  • March 1, 2010

    Toyota Owners Seek Class Status In Suit Over Recalls

    A group of automobile owners has sought class status in a nationwide suit against Toyota Motor Corp. over damages associated with the company’s spate of recent recalls, saying loss of resale value alone could total as much as $2 billion.

  • March 1, 2010

    Technician Hits General Electric With OT Action

    A General Electric Co. employee has filed a proposed Fair Labor Standards Act class action against the conglomerate, alleging its service technicians are not paid overtime.

  • March 1, 2010

    Court Won't Certify Nationwide White Male Bias Action

    A former employee of Nationwide Mutual Insurance Co. has lost his bid to certify a class in a suit accusing the insurer of maintaining a policy of gender and race bias against white men.

  • February 26, 2010

    State Street Evades Mortgage-Related Securities Suit

    A federal judge has dismissed with prejudice a putative class action that accused State Street Corp., its investment management arm and 10 individuals of making material misrepresentations about one of their funds that invested heavily in mortgage-related securities.

  • February 26, 2010

    Judge Nixes Honda Hybrid Fuel-Economy Settlement

    A federal judge has rejected a proposed settlement in a putative class action accusing American Honda Motor Co. of putting out misleading advertising about the fuel economy of the Civic Hybrid, a deal 26 state attorneys general and other objectors argued was not good for consumers.

  • February 26, 2010

    Time-Share Sellers Hit Great Eastern With FLSA Suit

    Great Eastern Resort Corp. has been slapped with a putative collective action accusing the company of failing to pay its time-share sales representatives the federal minimum wage or a premium rate for overtime hours.

  • February 26, 2010

    US No Place For Foreign-Cubed Cases: Chamber

    In a brief filed with the U.S. Supreme Court Friday, the Chamber of Commerce urged the high court to reject a bid to open U.S. courts to securities class actions brought by foreign plaintiffs against foreign defendants.

  • February 26, 2010

    Class Certified In First American Rate Suit

    A district court has adopted a magistrate judge’s recommendation to certify a class of Idaho residents accusing First American Title Co. of overcharging customers by failing to provide state-regulated discounts.

  • February 26, 2010

    Colo. Retirees Say Pension Cutbacks Unconstitutional

    A putative class action that could include 100,000 retirees was filed against the state of Colorado on Friday, alleging a new law that cuts back on pension benefits violates the contract clauses of both the U.S. and state constitutions and will cost retirees millions.

  • February 26, 2010

    Class Certified In SC Johnson ERISA Suit

    A federal judge has certified a class of S.C. Johnson & Sons Inc. employees in a suit accusing the company of violating the Employee Retirement Income Security Act by backloading pension benefits and underpaying lump sum payments.

  • February 26, 2010

    Wage-And-Hour Wave Hits Big Apple Eateries

    Now that much of the low-hanging fruit has been plucked in the ongoing wage-and-hour suit boom, plaintiffs attorneys have set their sights on New York City's restaurants, serving them up with class and collective actions — often centering on tip-pooling claims — with increasing frequency, attorneys say.

  • February 26, 2010

    ERISA Suit Over Aetna's Benefits Denial Tossed

    A federal court has dismissed a disabled man’s would-be class action against Aetna Life Insurance Co. after finding that the law controlling his employer’s benefits plan does not bar restrictions on pre-existing conditions.

  • February 26, 2010

    Ernst & Young Meal Break Claims Nixed In OT Action

    A federal judge has trimmed a former Ernst & Young LLP employee's putative wage-and-hour class action, tossing her claim that the Big Four accounting firm failed to provide proper meal and rest breaks as well as her bid for injunctive relief.

  • February 26, 2010

    Leaner Class OK'd In Smithfield Don, Doff Action

    A federal judge has agreed to cut certain job categories from a collective action accusing Smithfield Packing Co. Inc. of failing to pay overtime wages to hog processing line production employees for time spent donning and doffing gear.

  • February 25, 2010

    $61.5M In Settlements Reached In Lawn Mower MDL

    Plaintiffs in multidistrict litigation alleging a conspiracy to overstate the horsepower of lawn mower engines have agreed to four settlements that will net them $61.5 million in cash and over $1.75 billion in in-kind benefits, resolving their dispute with nine out of 10 defendants.

  • February 25, 2010

    Madoff Victims Sue SIPC Over 'Net Equity' Payments

    Three victims of Bernard L. Madoff’s epic Ponzi scheme have launched a proposed class action claiming the leadership of the Securities Investor Protection Corp. has perpetrated its own investment fraud by denying them the “insurance” the agency promised.

  • February 25, 2010

    Dispatcher Hits AAA With OT Class Action

    An employee of the American Automobile Association brought a putative class action against the company Thursday, accusing it of violating the Fair Labor Standards Act by not giving dispatchers credit for all hours worked in an effort to avoid paying them overtime wages.

  • February 25, 2010

    MoneyGram To Hand Bilked Investors $80M

    MoneyGram International Inc. said Wednesday it would fork over $80 million to settle consolidated securities litigation in which investors accused the money-order firm of knowingly misstating its financial health to bolster its stock value, resulting in $1.6 billion in losses.

  • February 25, 2010

    Lord Abbett Investor Suit Doomed Without Scienter

    A federal judge has threatened to dismiss, unless it is quickly amended, a proposed class action accusing money management firm Lord Abbett & Co. LLC of knowing or recklessly disregarding the fact that its prospectuses omitted material information.

  • February 25, 2010

    Sony, Others Fixed Prices On Disk Drives: Suit

    A direct purchaser of optical disk drives has lodged a putative class action against Sony Corp., Hitachi Ltd. and other technology giants, saying they colluded to fix prices and used trade organization forums as a guise for meeting to discuss agreements to keep disk drive prices artificially high.