Recent Updates
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American Home Could Face Class Action
Class Action News 12/18/2007Former American Home Mortgage Investment Corp. loan officers want a bankruptcy judge to let them alert thousands of other ex-employees that they may be entitled to collect from the failed company for allegedly overworking and underpaying them.Court p...
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UBS Subject of Subprime-Related Lawsuit
Class Action News 12/16/2007[##_1L|1370222128.jpg|width="130" height="130" alt=""|_##]UBS is facing a class action lawsuit, which alleges the financial services company misled investors by issuing materially false and misleading statements about the company's financial conditio...
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American Tower Settles Class Action Suit
Class Action News 12/16/2007American Tower Corp. said Thursday that it will pay $14 million to settle a consolidated securities class action filed against the company in May 2006 that concerns its historical stock option granting practices and related accounting.The broadcast a...
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Judge OKs $57.5M Sprint stock settlement
Class Action News 12/13/2007[##_1L|1288012319.jpg|width="130" height="130" alt=""|_##]A state judge on Wednesday approved a $57.5 million settlement that ends a class-action lawsuit against Sprint Nextel Corp. over how it combined its wireless and wireline stocks three years ag...
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San Jose weighs limits on class-action claims
Class Action News 12/11/2007[##_1L|1291027780.jpg|width="120" height="138" alt=""|_##]The San Jose City Council today will consider new rules for filing claims that a prominent local lawyer says is an attempt to block class actions. "It's very interesting that this proposal is ...
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Class Action Filed Against Genesco, Inc.
Class Action News 12/10/2007Law Offices Bernard M. Gross, P.C. announces that a class action lawsuit has been commenced in the United States District Court for the Middle District of Tennessee, 07cv1183, on behalfof purchasers of the common stock of Genesco, Inc.("Genesco" or t...
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Credit card receipt rule leads to class-action suits
Class Action News 12/05/2007[##_1L|1063089983.jpg|width="130" height="90" alt=""|_##]A law to protect against identity theft has spawned more than 300 class-action lawsuits across the country. The lawsuits claim merchants failed to remove both the expiration date and sufficient...
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Fosamax Users Seek Class-Action Status
Class Action News 12/01/2007Lawyers for Fosamax users who believe their jaws were damaged by the osteoporosis drug on Friday asked a federal judge to order Merck & Co. to provide a dental monitoring program for the drug's users.The lawyers made the suggestion to U.S. Distri...
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75,000 Walmart Employees File Class Action
Class Action News 11/30/2007More than 75,000 current or former Wal-Mart (NYSE:WMT) employees in the State of Washington will receive letters over the next several days notifying them that they are part of a statewide class action lawsuit against the nation’s largest private emp...
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Ericsson LM Telephone Co. Class Action Filed
Class Action News 11/30/2007Goldman Scarlato & Karon, P.C., a law firm with offices in Pennsylvania and Ohio, announces that a lawsuit has been filed in the United States District Court for the Southern District of New York, on behalf of persons who purchased or otherwise a...
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Virgin Mobile USA faces class-action lawsuit
Class Action News 11/29/2007[##_1L|1307033860.jpg|width="130" height="90" alt=""|_##]Shareholders who lost money after investing in Virgin Mobile USA have filed a class-action lawsuit against the mobile phone company. Virgin Mobile USA began as a 50:50 joint venture between Spr...
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JDSU Wins Class Action Jury Verdict
Class Action News 11/27/2007JDSU today announced that a jury has ruled in favor of the Company on all claims in a securities class action lawsuit filed by Connecticut Retirement Plans and Trust Funds against the Company in the United States District Court for the Northern Distr...