(RockaWolf)

Not Everyone Is Disappointed With De Beers Class Action Checks

Yesterday, we shared the news that people have started to receive their settlement checks from the class action lawsuit that accused diamond merchants De Beers of price-fixing. (Gasp!) The first reader we heard from, Sean, was upset that he only received $48 back on a $3,000 claim, or about 1.6%. Other readers are happier with their settlements…but, to point out the obvious here, people with larger settlements are a lot happier, and people who spent more on shiny rocks in the first place received larger checks. [More]

EA Triples Original Payouts In Settlement Of Football Games Class-Action Suit

EA Triples Original Payouts In Settlement Of Football Games Class-Action Suit

If you bought an EA football game — Madden NFL, NCAA Football, or Arena Football — between 2005 and 2012, here’s some good news. Not only are you due a few bucks thanks to a class-action settlement with the reigning two-time Worst Company In America champ, but the dollar amount of the individual payouts to affected consumers have been tripled. [More]

(zyphbear)

UPS Hit With $40 Million Settlement In Illegal Online Pharmacy Probe

UPS may have lost to FedEx in the first round of the Worst Company In America competition, but the shipping giant is getting away relatively unscathed from a Dept. of Justice criminal probe into deliveries it made for illegal online pharmacies. [More]

(Earth2Kim)

Milk, Aspirin, Broadband, And LivingSocial: Some Class Actions You Might Be Eligible For

Organic milk, LivingSocial vouchers, Norton Antivirus, Verizon Wireless games, and Clearwire Internet service: what do they all have in common? All of these companies have open class-action lawsuits against them for which eligible customers can file claims and get cash. [More]

(Alexander Heinz)

You Only Have Until Dec. 6 To Claim Portion Of $1.1 Billion LCD Price-Fixing Settlement

In the late ’90s, when most of us had TVs that weighed more than a teenager and could only dream of having a thin, widescreen TV, several manufacturers were fixing prices on the LCD screens that were about to revolutionize the industry. More than a decade later, consumers have a chance to get money back from this international criminal conspiracy. [More]

One incredibly expensive drug for GSK.

Avandia Makers Hit With Another $90 Million Settlement

Pharma biggie GlaxoSmithKline has already been slapped upside the head with a $3 billion settlement with the federal government regarding the marketing of, among others, the once-popular diabetes drug Avandia. Today, the attorneys general of 37 states rubbed a bit of salt in the wound with a $90 million settlement of their own. [More]

Not quite true...

Sherwin-Williams, PPG Agree To Stop Lying To Consumers About ‘Zero VOC’ Paints

Many interior paints contain Volatile Organic Compounds (VOCs) in the form of solvents, some of which can be harmful to your health. So when a container of Dutch Boy Refresh paint proudly declares “Zero VOC,” one might reasonably think “Yay, no volatile organic compounds for me.” Well… maybe so, maybe not. [More]

Chiropractor Who Gave Skechers Such A Great Quote Is Also Married To A Skechers Staffer

Chiropractor Who Gave Skechers Such A Great Quote Is Also Married To A Skechers Staffer

As we mentioned earlier today, among the many pieces of evidence in the FTC’s $40 million settlement with Skechers over deceptive advertising for the shoe maker’s toning sneakers is one claim about a supposed “independent” clinical study undertaken by a chiropractor — who may not have been totally unbiased in his research. [More]

Court Orders Johnson & Johnson To Pay $1.2 Billion In Deceptive Marketing Case

Court Orders Johnson & Johnson To Pay $1.2 Billion In Deceptive Marketing Case

Johnson & Johnson and a subsidiary have to pay for the way it marketed antipsychotic drug Risperdal, neglecting to mention its side effects while claiming it was safer and worked better than the competition. In Arkansas, one of 11 states in which J&J has faced legal battles over the drug, a judge ordered the company to pay $1.2 billion to make up for its alleged sins. [More]

How Much Have The Big Banks Been Penalized Over Mortgage Mess And Where Is All That Cash Going?

How Much Have The Big Banks Been Penalized Over Mortgage Mess And Where Is All That Cash Going?

The last few years have seen numerous settlements between the nation’s biggest mortgage lenders and various federal and state authorities. And while we hear numbers like “a total of $25 billion,” exactly which banks are responsible for the biggest chunks of these settlements? [More]

Citigroup Settles Mortgage Fraud Charges For $158 Million, Admits Fault

The U.S. Department of Justice nailed Citigroup on mortgage fraud charges, getting the bank to agree to pay out a $158 million settlement while admitting it tricked a federal insurance program into backing bad loans. When borrowers defaulted, taxpayers ended up footing the bill. [More]

SEC To Be Slightly Less Wimpy About Letting Violators Get Away Without Admitting Guilt

SEC To Be Slightly Less Wimpy About Letting Violators Get Away Without Admitting Guilt

The Securities and Exchange Commission has been taking a lot of heat recently after a federal judge refused to sign off on its $285 million settlement with Citigroup because, as is usual in these types of deals, the bank would neither admit its guilt nor profess innocence, and no evidence was ever entered into the record. But now the SEC says it won’t be letting rulebreakers get off so easily — well, at least not all the time. [More]

TiVo Twists AT&T's Arm, Gets It To Cough Up $215 Million Patent Settlement

TiVo Twists AT&T's Arm, Gets It To Cough Up $215 Million Patent Settlement

If TiVo is in the news in these days of its irrelevance, it’s usually because it’s won another massive settlement dispute with a company it accused of ripping off its tech. After getting $500 million from Dish Network last year, TiVo has now shaken down AT&T for $215 million. [More]

Judge Blocks $285 Million Settlement Against Citigroup Because The Bank Won't Admit Wrongdoing

Judge Blocks $285 Million Settlement Against Citigroup Because The Bank Won't Admit Wrongdoing

Earlier this fall, the Securities and Exchange Commission announced a whopping $285 million settlement with Citigroup over allegations that the bank misled investors in a 2007 mortgage derivatives deal. But that triumph was short-lived, as a judge has decided to block the settlement because of a standard settlement condition wherein the bank is allowed to close the case without admitting guilt or denying the allegations. [More]

Reebok To Fork Over $25 Million In Refunds For Deceptive EasyTone Ads

Reebok To Fork Over $25 Million In Refunds For Deceptive EasyTone Ads

As we reported yesterday, the Federal Trade Commission was going to announce a huge settlement, involving millions in refunds to consumers, with some big name shoe company over deceptive advertising claims. And today it was revealed that it’s sneaker biggie Reebok that has agreed to fork over $25 million in refunds to buyers of its EasyTone shoes. [More]

Get $500 Each Time Sprint Called You After You Said Stop

Get $500 Each Time Sprint Called You After You Said Stop

If Sprint telemarketed you after you told them not to call you again, you could get $500 for each time they rang you up, thanks to a recent class action settlement. [More]

Wells Fargo To Pay $590 Million Over Wachovia "Pick-a-Pay"
Loans

Wells Fargo To Pay $590 Million Over Wachovia "Pick-a-Pay" Loans

Nearly three years later, Wells Fargo is still feeling the stomach ache from its decision to gobble up the expired scraps of Wachovia. It was revealed today that the Fargo folks have agreed to shell out $590 million to settle the class-action lawsuit over Wachovia’s “Pick-a-Pay” loans. [More]

Report: Google In Trouble For Advertising By "Rogue Online Pharmacies"

Report: Google In Trouble For Advertising By "Rogue Online Pharmacies"

News broke earlier this week that Google had set aside $500,000 to settle a mysterious Department of Justice investigation of “advertising by certain advertisers,” and now a report indicates the badvertisers were “rogue online pharmaceuticals.” [More]