Class Action Payouts

As a general rule, class action lawsuits involve a group of people in some capacity: A collective class, held together over the issue of a faulty product, suing a defendant, or a band of defendants, multiple negligent companies, as an example, being sued by a single person. While most class action suits are filed for product liability claims, other case types also conclude in court, too, including groups of shareholders suing for business fraud, workers, and residents over environmental disasters.

With a case, which may be filed in either federal or state court, class action has its pluses. Because a limited number of witnesses overlap, the trial process understandably moves along more efficiently, while the cost of litigation tends to be lower than for one off plaintiffs filing alone.

Additionally, these types of cases do tend to have drawbacks. Before the lawsuit even progresses, the prosecuting group must be named as a class. Federal courts, as well, may conclude class actions if the defendants are state governments or officials or if the plaintiffs number less than {one hundred,100.

Leap Settles class action Lawsuit With $13.75M payout …
A California court issued a final approval of a settlement in a federal class action lawsuit filed by investors against no-contract Cricket provider Leap Wireless (NASDAQ:LEAP). Under the settlement, Leap agreed to pay out $13.75 million. The carrier did not admit to any wrongdoing as

Hercules Inc. Retirement Payout Class Action Settlement
Newark, DE: (Aug-28-07) A class action lawsuit was brought against Hercules Inc., alleging that the company short changed retirees when it switched the way it calculated retirement payouts.

CalPERS – Wikipedia, The Free Encyclopedia
Since September 2006, participated as lead plaintiff in a successful class–action lawsuit against UnitedHealth Group for options backdating CalPERS had held "6.6 million shares of UnitedHealth stock valued at $360 million". In December

Slot Machine – Wikipedia, The Free Encyclopedia
One of the main differences between video slot machines and reel machines is in the way payouts are calculated. "Class III" (or "traditional") to allow the casinos to track the players' "action"

NFL Concussion Settlement Killed By Judge, As Predicted
Move Comes in Wake of Allegations of ‘Double Dipping’ *WASHINGTON, DC – A federal judge has soundly rejected a $765 million proposed settlement of concussion-related injuries even without holding a so-called fairness hearing at which she was to have heard objections from many of the players – a move which puts any such negotiated settlement […]

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Fishing Texas – Texas Fishing Destinations
Last year's event saw close to a dozen participants cash checks for overall prize money or hourly payouts. Anglers hoping for a world class angling experience would be anglers fishing out of Getaway Adventures Lodge have quick access to great shallow water trout and redfish action in the

Colossus Software : Myths And Facts – CSC: Next Generation IT …
Reduced their overall claims payouts by using the Colossus software. Fact: CSC does not advise its insurance company class action litigation, the court in 2009 approved a settlement in that case that did not require CSC to pay any damages to the class.

Catholic Sex Abuse Cases – Wikipedia, The Free Encyclopedia
Legal action began to become more prevalent in the 1970s with the enactment of the Child Abuse Prevention and Treatment Act in 1974 in conjunction with the creation of the National Center on Child Abuse and Neglect.

Full Text Of New Jersey Gov. Chris Christie’s 2014 State Of The State Speech
New Jersey Gov. Chris Christie delivered the following remarks, as prepared delivery.

Point Of View: When Settling A Wage And Hour Class Action May …
Class Action May Not Be the Best Option By Karen J. Kubin Court watchers estimate that employers than litigate it—substantial payouts such as these do provide an incentive to plaintiff lawyers to keep suing. This is particularly true when a settlement

Judge's Decision To Deny NFL Concussion Settlement Encourages Many Players Regarding Fairness Of Deal, According To …
PHILADELPHIA, Jan. 17, 2014 /PRNewswire/ — Player Injury today announces NFL players' reactions to the terms of the Proposed NFL Concussion Settlement. More and more former NFL players are slowly digesting the terms of the Proposed NFL Concussion Settlement and putting their stamp of approval on the proposed Settlement. On Monday, January 6, 2014 the U.S. District Judge, Judge Anita Brody