Sandy Hook Shooting: The Unprecedented $73M Settlement with Gunmaker Remington

“On Tuesday, just hours after a gunman entered an elementary school classroom in Uvalde, Texas, and killed 19 students and two teachers, Democratic Senator Chris Murphy, from Connecticut (home to the Sandy Hook Elementary School in Newtown), spoke passionately on the Senate floor. Why are,” reports CBS News in their blog.

“They tried to make sure that fewer schools and fewer communities go through what Sandy Hook has gone through, what Uvalde is going through? I am here on this floor to beg to literally get down on my hands and knees and beg my colleagues: Find a path forward here. Meanwhile, Republican Senator Ted Cruz, of Texas, said, The policies the.”

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Wells Fargo Retirement Plan $32.5M Class Action Settlement

“Wells Fargo has agreed to a $32.5 million class action settlement resolving claims it mismanaged the company’s retirement plan. Anyone who was a participant of the Wells Fargo & Co. 401 (k) plan at any time between March 13, 2014, through the date the settlement becomes final is eligible to benefit,” reports Top Class Actions in their blog.

“Wells Fargo, a financial institution offering banking, mortgage and other services, employed nearly 250,000 people as of May 12, 2022, according to Forbes. Plaintiffs in the class action lawsuit alleged Morgan Stanley breached its fiduciary duties and violated the federal Employee Retirement Income Security Act (Erisa) by offering.”

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Some Facebook Users are Receiving $397 Checks Over Data Privacy Violations—And These Tech Companies Could be Next

“If you’ve ever been tagged in a photo online, you might have some cash coming your way and soon. Earlier this month, more than 1.4 million long- and short-term residents of Illinois started receiving checks for up to $397, as compensation for a $650 million class action lawsuit settled against Facebook,” reports Megan Sauer in CNBC.

“According to plaintiffs, the social media platform illegally used facial recognition data gathered without consent to prompt users to tag their friends in photos. Experts say that’s only the beginning: More checks from privacy lawsuits are likely on the horizon. Google Photos and Shutterfly incurred similar class action lawsuits in Illinois.”

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Florida Condo Collapse Settlement Reached, Tops $1 Billion

“Attorneys for the families who lost relatives in last year’s collapse of a Florida condominium tower that killed 98 people reached a $1.02 billion settlement Friday, providing a speedy resolution to lawsuits that could have dragged on for years. The agreement to end litigation over the Champlain,” reports Terry Spencer in The Sacramento Bee.

“Lawyers previously had announced in court a tentative agreement that almost $1 billion would be split by the families whose relatives died or were harmed in the collapse of the 12-story tower in Surfside, and parties on both sides of the lawsuit filed a motion Friday committing to a $1.02 billion settlement fund. Additionally, nearly $100.”

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SCOTUS Just Handed Workers Who Sue Their Employers a Surprising, Unanimous Win

“The Supreme Court’s decisions on mandatory arbitration typically range from bad to atrocious. For decades, conservative justices have routinely used this tactic to stop workers and consumers from vindicating their rights in court while crushing class actions, leaving victims of corporate malfeasance without any meaningful remedy.” reports Mark Joseph Stern in the Slate.

“So it was a bit gobsmacking when, on Monday, the court issued a unanimous decision against mandatory arbitration, overturning an absurdly unfair rule that stacked the deck against plaintiffs. The court’s ruling in Morgan v. Sundance won’t heal all the wounds inflicted by awful precedents. But it does bring real justice to an otherwise perverse area of the law.”

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Volkswagen to Pay $193Million to Drivers in Diesel Gate Lawsuit Settlement

“The Volkswagen Group will pay out a share of $93million to around 91,000 drivers in England and Wales following a high-profile lawsuit relating to the ‘Dieselgate’ scandal. These drivers were to be represented in court by a consortium of law firms, but the claim has been settled out of court. The settlement,” reports Car Buyer in their blog.

“It works out at about £2,100 each for owners of Volkswagen, Audi, SEAT and Skoda cars that are part of the claim. However, proportions of the settlement may be allocated differently – it depends what has been agreed with the solicitors. The Dieselgate scandal involved VW fitting ‘defeat devices’ to its cars to pass stringent US emissions tests.”

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Salmon Giants in $85m Price-Fixing Settlement

“The companies, among them Mowi, SalMar, Lerøy and Grieg, continue to insist there is no basis for the US allegations, dating back three years, which they say are entirely unsubstantiated. The settlement, equivalent to (£67.6m or NOK 815m) remains subject to the approval of the court in,” reports Vince McDonagh in Fish Farmer.

“The saga began in 2019 when the European Commission said it suspected price collusion and raided a number of Norwegian-owned salmon farms in Scotland, but this has not so far led to legal action on the Commission’s part. The US case was then brought by seafood distributor Euclid Fish Company, together with a number of other American.”

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SEC Halts Alleged Ongoing $39 Million Fraud by Hedge Fund Adviser

“The Securities and Exchange Commission today announced fraud charges against Detroit-based EIA All Weather Alpha Fund I Partners LLC (EIA) and its sole owner, Andrew M. Middlebrooks, for allegedly engaging in a multi-year scheme that included the misappropriation and misuse of investors’ funds,” reports US Securities & Exchange Commission in their Press Release.

“To halt this alleged ongoing fraud, the SEC sought, and on May 19, 2022 obtained, emergency relief from the U.S. District Court in the Eastern District of Michigan, including a temporary restraining order against EIA and Middlebrooks and an asset freeze against the defendants and named relief defendants.”

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NFL Owners Surprised By $232.5M in Rams Settlement Charges

“The NFL agreed to pay $790 million in November to end a legal dispute over the Rams’ relocation from St. Louis to Los Angeles back in 2016. The amount is the most the NFL has ever paid to settle litigation, and details about where the money came from are now starting to emerge. Filed in 2017 by,” reports Abigail Gentrup in Front Office Sports.

“The St. Louis Regional Convention and Sports Complex Authority, the lawsuit alleged the league broke its own relocation rules when the Rams moved. Rams owner Stan Kroenke agree to inmdenify the league before other NFL owners approved the team’s move in 2016, but wavered on his promises shortly before the trial started.”

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Class Lawyers Seek $88 Mln in Fees in EpiPen Antitrust Settlement

“Five plaintiffs’ firms are seeking $88 million in legal fees for their lead roles in a $264 million class action antitrust settlement in a case that alleged Viatris Inc, the drugmaker formerly known as Mylan, maneuvered to delay generic competition to the EpiPen allergy treatment. The firms Sharp Law, Keller Rohrback,” reports Reuters in their blog.

“Robbins Geller Rudman & Dowd; Pritzker Levine; and Burns Charest — on Friday asked a U.S. federal court judge in Kansas to grant final approval of the settlement with Mylan, which was sued over its marketing strategy for the life-saving EpiPen auto-injection device. A preliminary deal was announced in February shortly before the start.”

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Solara Medical Supplies Data Breach $9.76M Class Action Settlement

“Solara Medical Supplies has agreed to a $9.76 million class action settlement benefiting employees whose personal information may have been compromised during a 2019 data breach. The class includes anyone residing in the United States or its territories and who was notified by Solara in November,” reports Top Class Actions in their blog.

“The data breach that occurred between April 2 and June 20, 2019. Solara Medical Supplies provides products and services to help people manage their diabetes, including glucose monitors and insulin pumps, according to the company’s website. Plaintiffs in a class action lawsuit claimed Solara Medical Supplies is responsible for the breach.”

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Central Payment Co. Improper Fees $84M Class Action Settlement

“Central Payment Co. has agreed to an $84 million settlement resolving claims it misrepresented and improperly added fees for its card-processing services. The class is made up of current and former Central Payment customers who, between Jan. 1, 2010, and Oct. 31, 2020, were assessed the TSSNF,” reports Top Class Actions in their blog.

“They had their contractual credit card discount rates increased above their contractual rate by the company; and for whom the company shifted their credit card transactions from lower-cost rate tiers to higher-cost tiers. Central Payment Co., based in California, provides services related to transaction processing, and also offers ATMs.”

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District Court Approves $500 Million Tribal Lending Settlement

“On May 12, the U.S. District Court for the Eastern District of Virginia preliminarily approved a nearly $500 million class action settlement resolving allegations that tribal online lending companies charged usurious interest rates. Plaintiffs’ filings outline their class action against tribal entities, as well as several,” reports Lexology in their blog.

“The U.S. Court of Appeals for the Fourth Circuit previously upheld a district court’s denial of defendants’ bid to dismiss or compel arbitration in the case (covered by InfoBytes here). The 4th Circuit concluded that the arbitration clauses in the loan agreements impermissibly forced borrowers to waive their federal substantive rights under.”

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H&M Reaches $36 Mln Settlement with New York Over Unused Gift Cards

“H&M will pay $36 million to settle accusations that the fashion retailer illegally kept millions of dollars in gift cards that customers never used, New York Attorney General Letitia James said on Thursday. The Swedish company, whose full name is H&M Hennes & Mauritz AB, will pay $28.26 million to,” reports Jonathan Stempel in Reuters.

“James said H&M had since 2008 unlawfully kept at least $18.4 million in unused gift card balances in its own bank accounts, instead of transferring them to the state’s Abandoned Property Fund. New York law requires gift card issuers to turn over unused card balances to the fund after five years of inactivity. James also said H&M repeatedly.”

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Illinois Facebook Users to Receive Class Action Lawsuit Settlement Payments of Up to $400

“Facebook users in Illinois who applied to collect a settlement stemming from a class action lawsuit could see their payment any day now. According to the settlement administrator, paper checks and electronic payments began going out on May 9. The lawsuit was filed over Facebook’s collection and storing of,” reports ABC 7 News in their blog.

“The Biometric data of Illinois users without proper consent. As part of the $650 million settlement, claimants will receive payments of between $200-$400. Those covered by the settlement include Facebook users located in Illinois for whom Facebook created and stored a face template after June 7, 2011. Claimants must have been a resident.”

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Virginians Win $489 Million in Payday Loan Settlement

“Online payday loan companies that charged as much as 919% interest will spend $489 million to reimburse some 555,000 borrowers, to settle a class action lawsuit filed by eight Virginians. The lawsuit alleged that Golden Valley Lending; Silver Cloud Financial, Inc. Mountain Summit Financial, Inc. and,” reports Dave Ress in Daily Press.

“Majestic Lake Financial, Inc. all formed under the laws of the Habematolel Pomo of Upper Lake tribe in California, violated federal racketeering laws as well as Virginia’s usury and consumer finance licensing laws. It also leveled the same charges against three Kansas City, Missouri, businessmen, whose firms processed the loans, put up the.”

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Le Clair Ryan Trustee Reaches $21 Mln Settlement in United Lex Case

“The trustee overseeing the dissolution of defunct law firm Le Clair Ryan has reached a $21 million settlement to resolve her claims that the firm’s joint venture with alternative legal services company United Lex hastened its demise, according to a court transcript in the case. A lawyer for court-appointed,” reports Sara Merken in Reuters.

“Chapter 7 trustee Lynn Tavenner described the details of the agreement during an April 19 hearing before a bankruptcy judge in Richmond, Virginia. The proposed settlement agreement has not been formally entered into the court docket as of Monday. There is a hearing scheduled for May 25 on a request to restrict public access.”

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Capital One Data Breach $190M Class Action Settlement

“Capital One will pay $190 million to resolve claims it jeopardized customer information in a 2019 data breach. The settlement benefits around 98 million Capital One customers whose information was compromised as part of the 2019 data breach. Capital One offers a variety of financial services to,” reports Top Class Actions in their blog.

“However, according to the bank, its customers were targeted in a 2019 Data Breach. In July 2019, Capital One informed its customers that millions of them had their information compromised when a third party accessed bank systems. Although the perpetrator was captured by the Federal Bureau of Investigation (FBI), sensitive information.”

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Surfside Collapse Lawsuit Reaches Nearly $1B Settlement

“The Surfside collapse litigation reached an almost $1 billion settlement, a landmark development in the court battle to bring some justice to the families of the 98 people who died less than a year ago. The milestone agreement follows weeks of mediation between attorneys for the plaintiffs and the slew,” reports Katherine Kallergis in The Real Deal.

“The parties sued over allegedly contributing to the deadly collapse of Champlain Towers South last summer. The settlement is for $997 million, although it could exceed $1 billion as negotiations continue with one remaining defendant. More than 25 entities and companies opted to settle the suit, including the Terra-led development team.”

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In Apple iPhone Class Action, Plaintiffs Lawyers Defend $80 Mln Fee

“A national plaintiffs’ firm on Wednesday asked a U.S. appeals court in California to uphold a nearly $80 million legal-fee award that was part of a $310 million settlement resolving class claims over the performance of certain Apple Inc iPhones. In the San Francisco-based 9th U.S. Circuit Court of Appeals,” reports Mike Scarcella in Reuters.

“Mark Molumphy of Cotchett, Pitre & McCarthy spurned objectors’ allegations that the attorneys’ fee award, which was 26% of the settlement, was too high, depriving the class of tens of millions of dollars, and other claims over the settlement notice process. U.S. District Judge Edward Davila in San Jose, California, held two days of hearings.”

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