WHAT SEEMED LIKE an impossible dream appears likely to become reality in the next few days. That dream is meaningful class action reform, made possible by the Senate's overwhelming vote in favor of the Class Action Fairness Act last week. The measure now goes...
Like most private litigation, most class action lawsuits settle. In general, any settlement's merits should be evaluated based on the settlement's likelihood of achieving the twin goals of compensation and deterrence. However, unlike traditional litigation, the plaintiffs in a class action, the class members, have little say in the actual...
The Senate could take up a class action bill shortly after its return next month, while a measure aimed at settling asbestos cases has run into more formidable obstacles including disillusionment among some of its original backers. "The recess has been a period of considerable activity, to say...
INTRODUCTIONMuch of the discussion concerning overlapping governmental enforcement and class actions focuses on two issues: (1) the attorneys' fees sought by class counsel;' and (2) the type and value of relief sought by class counsel in settlements.2 Despite the importance of these issues, they arise late in the typical class...
The Senate "dropped a class-action lawsuit bill that once seemed certain," noted an August 8 Washington Post article that reviewed the Senate's record in the 108th Congress to date. ATLA had worked tirelessly against the so-called Class Action Fairness Act, refusing to concede to...
Counsel for plaintiffs announced today that a federal court in Tacoma, Washington granted final approval to a settlement in a class action lawsuit against Dell, Inc., Dell Financial Services, L.P., and CIT Bank. The class action was filed on behalf of certain Dell customers nationwide. The class action alleged...
WINSTON-SALEM, N.C.--BUSINESS WIRE--Feb. 17, 1995--R.J. Reynolds Tobacco Co. issued the following statement:The court's decision to allow Castano to go forward as a class action, in our opinion, is inconsistent with class certification guidelines. If this case proceeds and is not reversed on appeal, it will prove to be an...
FOOTHILL RANCH, Calif. -- On November 23, 2005, the lead plaintiffs in the Wet Seal, Inc. (Nasdaq:WTSLA) Consolidated Class Action filed a Consolidated First Amended Class Action Complaint against, among others, the Company and certain of its former officers and directors in the United States District Court for the Central...
The United States Senate is considering the Class Action Fairness Act, legislation that would shift many class-action suits from state to federal courts.
M2 PRESSWIRE-23 November 2000-WAR AMPS: Report fails to indicate veterans would not benefit from class action C1994-2000 M2 COMMUNICATIONS LTD RDATE:22112000 The National Council of Veteran Associations stated today that an economist's report, prepared for the lawyers acting in the...
Byline: Miles Moore Rubber manufacturers and tire dealers are hopeful the Senate still will act this year on a class action lawsuit reform bill that's being held up by a Democratic filibuster. The Senate failed Oct. 22 by a single vote to invoke cloture-the process...
NASHVILLE, Tenn., July 15 /U.S. Newswire/ -- A Vanderbilt professor says that the Class Action Fairness Act currently pending in the U.S. Senate would go a long way toward curbing rampant systemic abuse by both plaintiffs' attorneys and defendants. The Class Action Fairness Act would make it easier to bring...
I can't believe it, but I am a member of a class-action lawsuit. I'm also surprised to realize that I feel entitled to compensation as a member of the class. But in good conscience, I am not going for the dough -- or in...
Notice is hereby given that a class action has been commenced in the United States District Court for the Central District of California on behalf of a class (the "Class") consisting of all persons or entities who purchased or otherwise acquired publicly traded securities of Amgen Inc. ("Amgen" or the...
Byline: Vanderbilt University NASHVILLE, Tenn., July 15 AScribe Newswire -- A Vanderbilt professor says that the Class Action Fairness Act currently pending in the U.S. Senate would go a long way toward curbing rampant systemic abuse by both plaintiffs' attorneys and defendants. ...
Notice is hereby given that a class action has been commenced in the United States District Court for the Eastern District of Louisiana on behalf of a class (the "Class") of all persons who purchased or acquired publicly traded securities of Newpark Resources, Inc. ("Newpark" or the "Company") (NYSE: NR)...
Several insurance groups are asking the United States Supreme Court to review a series of decisions in Illinois they believe could damage state regulation of insurance and subject insurers to unfair class action lawsuits. The issue involves a nationwide class action suit against Bloomington, Ill.-based...
PHILADELPHIA--BUSINESS WIRE--Nov. 16, 1999-- Spector & Roseman, P.C. announced that its Class Action lawsuit against Revlon, Inc. (NYSE:REV) and certain of its officers and directors will continue, as Revlon announced its third quarter results yesterday. The class action lawsuit, brought on behalf of all persons or entities who...
Byline: MARK A. HOFMANN WASHINGTON-Advocates of reforming the nation's class action laws say that efforts to win Senate passage of bipartisan class action reform legislation will not be derailed by a new proposal being circulated by Democrats. Byline: MARK...
