Recent Updates
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Billions to be shared by Enron shareholders
Class Action News 09/10/2008Enron Corp. shareholders and investors will split about $7 billion from financial institutions accused of participating in the fraud that caused the once-mighty energy company to collapse.The settlement amount was listed at $7.2 billion, a sum that h...
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IPhone 3G Draws Second Class Action Suit
Class Action News 09/04/2008[##_1L|1085417111.jpg|width="120" height="138" alt=""|_##]The iPhone 3G has spawned legions of ecstatic customers, along with a small but determined band of critics who have sued over the phone's reported shortcomings. Last week, in a San Diego state...
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The Rosen Law Firm Announces a Shareholder Class Action
Class Action News 08/02/2008The Rosen Law Firm today announced that a class action lawsuit has been filed on behalf of purchasers of SemGroup Energy Partners, L.P ("SemGroup" of "Company") (Nasdaq:SGLP) securities during the period from February 20, 2008 through July 17, 2008, ...
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Dell hit by class action over unpaid overtime
Class Action News 07/18/2008A federal judge has granted class-action status for a lawsuit over wages filed by two former Dell Inc. customer service employees in Roseburg.The order signed July 10 by U.S. Magistrate Judge Thomas Coffin in Eugene covers Dell customer service emplo...
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Merck says appeals court overturns Vioxx verdict
Class Action News 05/16/2008A Texas appeals court on Wednesday overturned a multimillion-dollar verdict against Merck & Co. in one of the few trials it lost over its withdrawn painkiller Vioxx.A jury in Rio Grande City, Texas, in April 2006 awarded $32 million to the widow ...
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Brodsky & Smith, LLC Announces Class Action Lawsuit
Class Action News 05/14/2008Law offices of Brodsky & Smith, LLC announces that a class action lawsuit has been filed on behalf of all persons who purchased the common stock of Cbeyond, Inc. ("Cbeyond" or the "Company") (NASDAQ: CBEY) between November 1, 2007 and February 21...
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Judge grants class action status in Kraft pay case
Class Action News 05/09/2008Employees of Kraft Foods have been given class action status for their lawsuit seeking pay for time spent putting on and taking off safety equipment. U.S. District Judge Barbara Crabb says current and former hourly employees who worked at the company...
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Parmalat reaches settlement in US class-action case
Class Action News 05/02/2008Italy's dairy group Parmalat SpA said Friday it will issue new stock valued at more than $36 million to settle a class-action case against it in the U.S. Southern District Court of New York.Under the agreement, Parmalat will issue to class members 10...
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Coughlin Stoia Files Class Action Suit against Arbitron
Class Action News 05/01/2008Coughlin Stoia Geller Rudman & Robbins LLP (“Coughlin Stoia”) today announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the Southern District of New York on behalf of pur...
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People's may face class-action suit
Class Action News 04/21/2008A New Haven-based law firm dove into the fray over People's United Bank's alleged failure to protect customers' information from Dumpster divers. "We don't comment on pending litigation," said People's spokeswoman Valerie Carlson, of the new lawsuit ...
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Brodsky & Smith, LLC Announces Class Action
Class Action News 03/13/2008Law offices of Brodsky & Smith, LLC announces that a class action lawsuit has been filed on behalf of all persons who purchased the common stock of MF Global, LTD. ("MF Global" or the "Company") (NYSE: MF) in its Initial Public Offering on July 1...
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Investor sues SC armored vehicle maker
Class Action News 03/12/2008An investor in an armored vehicle maker has filed a lawsuit claiming several former top executives made millions selling stock while failing to warn shareholders about accounting problems. The suit against South Carolina-based Force Protection on beh...