Class Action News
May 22, 2013
Associated Press | May 22, 2013
A federal judge approved a $40 million class-action settlement Monday between Skechers USA Inc. and consumers who bought toning shoes after ads made unfounded claims that the footwear would help people lose weight and strengthen muscles.
May 20, 2013
Corporate Counsel | May 20, 2013
In-house counsel tackled an increased number of class-action lawsuits last year, but managed to tamp down legal spend by an average of $100,000 per matter, according to the 2013 Carlton Fields Class Action Survey.
May 17, 2013
Reuters | May 17, 2013
Charles Schwab Corp has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by the securities industry and plaintiffs' attorneys.
May 16, 2013
ThomsonReuters | May 16, 2013
A divided federal appeals court on Wednesday voided a class action settlement between Hewlett-Packard Co and millions of consumers who bought its inkjet printers over nearly a decade, saying the fees awarded to the consumers' lawyers must be recalculated.
ThomsonReuters | May 16, 2013
A federal judge has again ordered Wells Fargo & Co to pay $203 million to settle class action litigation accusing it of imposing excessive overdraft fees on checking account customers, reviving an award that had been thrown out last year.
May 15, 2013
The Times | Subscription Required | May 15, 2013
The British Government risks importing the worst excesses of the American class actions system if it goes ahead with plans to allow consumers to bring wide-ranging claims against companies, the US Chamber of Commerce has warned.
National Law Journal | Subscription Required | May 15, 2013
Potential class members in the sudden acceleration litigation against Toyota Motor Corp. have filed objections to the proposed $1.6 billion settlement reached on behalf of consumers asserting claims for economic damages.
May 14, 2013
MSN | May 14, 2013
A class-action lawsuit filed against Skechers USA Inc. over claims that just wearing their shoes would provide the benefit of exercise was settled today — opening the door to payments to consumers who purchased them.
May 13, 2013
The Economist | May 13, 2013
For years French governments have promised to permit class-action lawsuits. But French businesses hate the idea and besides, who wants to copy the Americans? Now, however, François Hollande and his Socialists may allow such suits, if a bill on consumer rights presented to the Council of Ministers on May 2nd is adopted in anything like its present form.
Courthouse News Service | May 13, 2013
Diamond Foods failed to show that two law firms made secret political donations to become class counsel in a securities fraud class action, a federal judge ruled.
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From The Blog
The Oklahoma House of Representatives passed a bill (SB 1016) Wednesday to curb lawsuit lending abuses that will now...
Harold Kim, executive vice president of the U.S. Chamber Institute for Legal Reform (ILR), made the following statement...
The U.S. Chamber Institute for Legal Reform (ILR) today released a study by NERA Economic Consulting showing that the U...