Federal judge denies class action certification in Google copyright case
May 16, 2013
A judge for the US District Court for the Southern District of New York on Wednesday denied a motion to certify a putative class action against Google's YouTube involving copyright owners from around the world. Named plaintiffs included the English Premier League, the French Tennis Federation, the N....... [more] 
Wells Fargo ordered to pay $203 million for misleading customers
May 16, 2013
A federal judge on Tuesday reinstated a $203 million penalty against Wells Fargo in a class action suit alleging that the bank affirmatively misled customers and then charged excessive overdraft fees. Rather than processing purchases in a chronological order, as is the common practice, the bank proc....... [more]
Texas group sued to block border fence construction
May 16, 2013
On May 16, 2008, the Texas Border Coalition, a group of Texas-based business owners and officials, filed a class action lawsuit to enjoin the Department of Homeland Security (DHS) from constructing a fence on the US-Mexico border. The group claimed that approval of the fence's construction violated....... [more]
Supreme Court rules narrowly on mootness of a class action claim
April 17, 2013
The US Supreme Court ruled 5-4 Tuesday in Genesis HealthCare Corp. v. Symczyk that the claim was moot because respondent "had no personal interest in representing putative, unnamed claimants, nor any other continuing interest that would preserve her suit from mootness." The original question present....... [more]
Federal judge approves AIG settlement
April 11, 2013
A judge for the US District Court for the Southern District of New York on Wednesday approved the $115 million settlement between American International Group Inc. (AIG) shareholders and the company's former CEO and other executives in order to resolve allegations that the insurer misled investors a....... [more]
Supreme Court rules on certification standards for class action suits
March 28, 2013
The US Supreme Court ruled Wednesday in Comcast v. Behrend that judges can reach the merits of an underlying claim in determining whether to certify a class under Rule 23(b). In doing so, the court reversed the US Court of Appeals for the Third Circuit which refused to decide the plaintiffs' class....... [more]
Supreme Court rules on class action jurisdiction issue
March 19, 2013
The US Supreme Court ruled Tuesday in The Standard Fire Insurance Co. v. Knowles that a stipulation by one member of a class in a class action to keep damages below $5 million does not, for the purpose of diversity jurisdiction, bind the whole class. The Class Action Fairness Act of 2005 provides th....... [more]
Citigroup to pay $730 million to settle investor suit
March 19, 2013
Citigroup, Inc. agreed on Monday to pay out $730 million to settle a lawsuit brought by investors claiming the financial services corporation misled debt investors about its condition during the financial crisis. According to a statement from Citigroup, the agreement will settle "a class action laws....... [more]
Canada Supreme Court ruled ban on benefits for same-sex couples unconstitutional
March 1, 2013
On March 1, 2007, the Supreme Court of Canada held that a decision by the Canadian Parliament in 2000 to deny retroactive survivor benefits to same-sex couples was unconstitutional discrimination under the Canadian Charter of Rights and Freedoms. That legislation recognized legal rights for same-sex....... [more]
Supreme Court permits shareholder class action lawsuit
February 27, 2013
The US Supreme Court on Wednesday decided in Amgen, Inc. v. Connecticut Retirement Plans and Trust Funds to permit a class action lawsuit by shareholders against Amgen, a biotechnology company. The court ruled that plaintiffs did not have to prove the materiality of their claims of misrepresentati....... [more]
Lockheed settles securities fraud suit for $19.5 million
February 21, 2013
Lockheed Martin Corp. (Lockheed) on Wednesday agreed to pay $19.5 million to settle a fraud class action claim alleging that the advanced technology company misled investors in violation of the Securities Exchange Act of 1934 (Exchange Act). Brought by the City of Pontiac General Employees' Retirem....... [more]
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