Recent Updates
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Motorola Faces Purported Class-Action Suit
Class Action News 08/22/2007Motorola Inc. (MOT) faces a purported class action lawsuit alleging it made material misrepresentations to the market, artificially inflating its stock price, attorneys from Brodsky & Smith LLC of Bala Cynwyd, Pa., said Tuesday.The suit was filed...
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Countrywide lawsuit seeks class action status
Class Action News 08/21/2007Law firm Lerach Coughlin Stoia Geller Rudman & Robbins LLP on Monday filed a lawsuit against mortgage lender Countrywide Financial Corp that seeks class action status.The suit was filed in the U.S. District Court for the Central District of Calif...
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AT&T Class Action Suit to Proceed
Class Action News 08/20/2007A lawsuit alleging that AT&T's mobile phone customers received inferior service after the company's wireless division was sold to Cingular Wireless can proceed as a class action, a federal appeals court ruling, quoted by an Associated Press repor...
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Class-action lawsuit filed against Radian
Class Action News 08/16/2007[##_1L|1294010704.jpg|width="120" height="80" alt=""|_##]A class-action shareholder lawsuit has been filed against Radian Group, the mortgage insurer whose endangered half-billion dollar stake in a subprime mortgage investor has sunk its stock price ...
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Class-action suit filed against Pall
Class Action News 08/16/2007[##_1L|1058816273.jpg|width="120" height="138" alt=""|_##]A Manhattan-based law firm has filed a class-action suit against Pall Corp., the manufacturer of high-tech filtration systems, which earlier this month said its financial statements dating to ...
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Class Action Lawsuit Filed Against KAL
Class Action News 08/14/2007[##_1L|1066206166.jpg|width="130" height="130" alt=""|_##]Korean Air Lines (KAL) was hit with a $300 million fine for price fixing on passenger flights by the U.S. Justice Department and faces a class action lawsuit by American consumers seeking dama...
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The Brauldi Law Firm Announces Class Action Suit
Class Action News 08/13/2007The Brualdi Law Firm announces that a securities class actionlawsuit has been commenced in the United States District Court for theNorthern District of Illinois on behalf of purchasers of Motorola, Inc.("Motorola") (NYSE:MOT) publicly traded securiti...
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Cargill Settles Class-Action Suit
Class Action News 08/08/2007[##_1L|1169019097.jpg|width="180" height="128" alt=""|_##]Wichita, Kan.-based Cargill Meat Solutions has settled for $1.1 million a federal class-action lawsuit filed by Pennsylvania-based employees who claimed they weren't compensated for all the ho...
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First BanCorp Ordered To Pay $74.25 Mln To Settle
Class Action News 08/06/2007[##_1L|1357141336.jpg|width="120" height="138" alt=""|_##]First BanCorp Holding Co. announced that the United States District Court for the District of Puerto Rico has issued preliminary order on August 1, 2007, asking the company to pay $74.25 milli...
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Homeless woman in class-action suit against Fresno dies
Class Action News 08/05/2007A homeless woman suing the city of Fresno over the destruction of homeless people's belongings during raids on thier camps has died just days after the lawsuit gained class-action status. Pamela Kincaid, 51, died Wednesday after friends said she fell...
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ATRS, NY Firm Settle Class-Action Against PharmaNet
Class Action News 08/03/2007[##_1L|1383498465.jpg|width="120" height="138" alt=""|_##]Arkansas Teacher Retirement System and Bernstein Litowitz Berger & Grossmann LLP, a New York law firm, announced Thursday that they have settled, for a total of $28.5 million, the securiti...
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Novartis Unit Faces U.S. Lawsuit
Class Action News 08/02/2007[##_1L|1207145630.jpg|width="120" height="138" alt=""|_##]A unit of Swiss drug company Novartis AG will have to defend itself against sex-discrimination claims brought by a group of women sales employees in a $100 million class-action lawsuit, a U.S....