Posts tagged Class Action

• Wal-Mart Discrimination Class Action Suit Continues

  Scott Smith | February 27, 2007 12:20 PM | 0 CommentsColumbus, OH Category: Miscellaneous
  

  A class action against Wal-Mart for major gender discrimination continued in the Northern District of California's courtroom with Judge Martin Jenkins that affects approximately 2 million female employees. Judge Jenkins ruled for the first time in three years the Plaintiffs would be permitted to take the depositions of former Wal-Mart Executive Thomas Coughlan, III who was second in command at...

• Class Action Suit Filed Against Radio Shack

  Scott Smith | March 22, 2007 12:29 PM | 0 CommentsColumbus, OH Category: Miscellaneous
  

  Radio Shack shareholders filed a securities class action lawsuit because the company issued misleading statements that inflated stock prices. The lawsuit charges Radio Shack Company leaders with falsifying, manipulating and overstating financial results to conceal the true negative conditions of Radio Shack's business. The company stock prices rose from $20.00 per share before the start of the...

• Class Action Against Arthur Andersen Settles for $73 Million

  Scott Smith | March 15, 2007 3:17 PM | 0 CommentsColumbus, OH Category: Miscellaneous
  

  Enron Corporation shareholders have settled a class action lawsuit against Arthur Andersen, LLP for $72.5 million as approved by Judge Melinda Harmon of the United States District Court for the Southern District of Texas. In a related matter, Arthur Andersen was found guilty of criminal charges based upon facts common to the class action. The class action settlement coupled with the six week...

• Holocaust Settlement Approved in Class Action

  Scott Smith | March 12, 2007 3:40 PM | 0 CommentsColumbus, OH Category: Miscellaneous
  

  U.S. District Judge George B. Daniels approved a settlement involving Holocaust victims and their relatives that has lasted approximately ten years. The settlement was entered into with Italian insurance company Assicuraazioni Generali whereby the insurance company would accept new claims until March 31, 2007 after noting it had paid $135 million to settle claims to date. Nonetheless, the...