More than two years after an investigative report alleged that laminate flooring sold at Lumber Liquidators contained high — and potentially dangerous — levels of formaldehyde, the flooring retailer has agreed to pay $36 million to close the books on class-action lawsuits brought by customers. [More]
settlement
GM, States Reach $120M Settlement Over Claims It Kept Ignition Switch Defect Under Wraps
By 10.19.17
Three years after General Motors recalled millions of cars that contained a ignition switch defect that was ultimately linked to more than 120 deaths, the carmaker is finally closing another chapter of the saga. The company will pay $120 million to resolve allegations that it failed to disclose the safety defect in a timely manner. [More]
Uber To Pay $20M For Allegedly Spamming People With Illegal Text Messages
By 10.10.17
More than a year after a Chicago resident filed a class-action lawsuit against Uber, claiming the company violated federal law by sending unsolicited text messages to people who want nothing to do with the service, the ride-hailing company has agreed to pay $20 million to put the legal challenge behind it. [More]
Honda To Pay $484M To Reimburse Some Drivers For Takata Airbag Recall Costs
By 9.5.17
Honda must pay more than $484 million to resolve customers’ financial losses related to vehicles equipped with shrapnel-shooting airbags from Takata and step up its efforts to ensure the dangerous safety devices are repaired. [More]
$183M Settlement Means 41,000 Former Corinthian Students Will Get Private Loan Forgiven
By 8.17.17
Nearly 41,000 former students of now-defunct for-profit educator Corinthian Colleges will soon receive refunds for the private student loans they received to attend college, after a coalition of state attorneys general and federal agencies reached a $183.3 million settlement with Aequitas Capital Management, the issuer of these loans. [More]
“Free Cruise” Robocall Settlement Means You Could Receive Up To $900
By 8.16.17
You might not have “won a free cruise” as one of the most annoying robocalls to ever occur promises, but you could receive up to $900 for enduring the inconvenience of the call. [More]
Uber Settles Federal Allegations It Deceived Customers About Privacy & Data Security
By 8.15.17
Uber has reached a deal with the Federal Trade Commission to settle the government’s investigation into the ride-hailing service’s allegedly questionable privacy practices.
[More]
Whistleblowers Will Receive $3.6M For Reporting Healthcare Company’s False Medicare Claims
By 7.18.17
Less than a week after federal authorities conducted a massive crackdown on medical fraud, arresting more than 400 individuals, the Department of Justice announced that three Ohio-based healthcare companies and their executives would pay $19.5 million to resolve allegations they falsified Medicare claims for unnecessary services that allegedly harmed patients. [More]
Benjamin Moore, Three Other Paint Companies Settle Allegations Of Misleading Customers
By 7.11.17
When repainting a room in your home, color is probably the first thing you think about, but a close second might be whether or not the paint you choose is safe. To that end, four paint companies have settled charges that they misled customers on the safety of products by deceptively promoting them as emissions-free. [More]
Judge Gives Preliminary Approval To $142M Wells Fargo Fake Account Settlement
By 7.10.17
Two months after a federal court judge tasked with reviewing the pending $142 million settlement for million of fake accounts opened in customers’ names warned he might reject the deal, he finally rubber-stamped the proposal, signaling yet another closed chapter in Wells Fargo’s fake account fiasco. [More]
Toyota, Subaru, Mazda, BMW To Pay $553M To Owners Of Vehicles With Potentially Lethal Takata Airbags
By 5.18.17 — Updated: 5.25.17
Owners of Toyota, Subaru, Mazda, and BMW vehicles affected by the massive shrapnel-shooting Takata airbag defect could soon receive compensation for past repairs and other economic losses, as the automakers agreed today to pay $553 million to compensate owners and create programs intended to repair defective airbags more quickly. [More]
Former MoneyGram Executive To Pay Record Personal Fine To Settle Money Laundering Accusations
By 5.5.17 — Updated: 5.9.17
The former compliance officer for money transfer company MoneyGram must pay $250,000 — the largest such fine imposed — to settle allegations that he personally failed to stop consumers from becoming victims of fraud. [More]
Family Of Child Killed In Waterslide Incident To Receive $20M
By 5.4.17
Nine months after a 10-year-old boy died on the “world’s largest waterslide” at Schlitterbahn Water Park in Kansas City, the youngster’s family has reached a nearly $20 million settlement with the company. [More]
Viking Range To Pay $4.65M To Resolve Allegations It Didn’t Properly Report Defect
By 4.13.17 — Updated: 5.10.17
Two years ago, Viking Range recalled 52,000 oven ranges that were somehow able to turn themselves on. Now the company behind the ranges has agreed to pay $4.65 million to resolve allegations it failed to properly report the issue to federal regulators in a timely manner. [More]
Volkswagen Reaches $157M ‘Dieselgate’ Settlement; Gets Approval To Sell Diesels Again
By 3.30.17 — Updated: 5.10.17
Volkswagen is inching closer to putting its “Dieselgate” scandal in the rearview mirror. The automaker has agreed to a $157 million settlement that will end lawsuits in 10 states, and it has been cleared to start selling diesels in the U.S. again. [More]
Instacart To Pay $4.6M, Revise Service Amount Description To Resolve Class Action Lawsuit
By 3.24.17
Back in 2015, and again last year, Instacart shoppers took their growing ire over worker classification, as well as tip and service amount changes, a step farther by suing the grocery delivery startup claiming it broke state and federal labor laws, the company has agreed to settle the class-action suit for $4.6 million. [More]
Mobile Health App Makers Settle Allegations Of Misleading Marketing Claims
By 3.23.17 — Updated: 5.10.17
A trio of smartphone health apps that claim to do things like measure your heart rate or the vitals of your unborn child have agreed to settle allegations brought by the state of New York that these products made promises they couldn’t keep. [More]
Neiman Marcus Agrees To Pay $1.6M To Settle 2013 Data Breach Class Action Lawsuit
By 3.20.17 — Updated: 5.10.17
Three years after Neiman Marcus disclosed that it had become the victim of a hack attack in 2013, exposing the credit card information of more than 350,000 customers, the upscale retailer has reached a $1.6 million settlement in the subsequent class action lawsuit. [More]
