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March 6, 2008 |
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AIRBORNE HEALTH: Settles False Advertising Lawsuit for $23 MM The class action lawsuit, which alleged that Airborne Health, Inc. provided false advertising for the benefits of their product, has been settled for $23 million... Read More |
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E.I. DUPONT: Canada Teflon Suit Status Ruling Expected This Year A ruling on whether a lawsuit filed against E.I. DuPont De Nemours & Co. with the Superior Court for the Province of Quebec Canada can proceed as a class action is expected this year. ... Read More |
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FANNIE MAE: Tex. Court Mulls Dismissal of Borrowers' Litigation The U.S. District Court for the Eastern District of Texas has yet to rule on a motion that seeks for the certification of a class in the matter, "Casa Orlando Apartments, Ltd., et al. v. Federal National Mortgage Association f/k/a Medlock Southwest... Read More |
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GMH COMMUNITIES: Fairness Settlement Hearing Set on April 25 The United States District Court for the Eastern District of Pennsylvania will hold a fairness hearing on April 25, 2008, at 9:00 a.m. for the $8,750,000 settlement in the class action lawsuit brought on behalf of purchasers of the Company's common... Read More |
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MATTEL INC: Faces Consolidated Product Liability Suit in Calif. Mattel, Inc., is facing a multidistrict litigation in California captioned "In re Mattel Inc. Toy Lead Paint Products Liability Litigation, Case No. 2:2007ml01897," according to the company's Feb. 26, 2008 form 10-K filing with the U.S. Securities... Read More |
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PRUDENTIAL FINANCIAL: Discovery Ongoing in Mutual Funds Lawsuits Discovery is ongoing in the multi-district proceeding titled "In re: Mutual Funds Investment Litigation, MDL-1586, Master Docket Nos. 04-md-15861, 04-md-15862, 04-md-15863, and 04-md-15864," which names Prudential Financial, Inc., and Prudential Securities,... Read More |
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TRAVELERS COS: Claims Dismissal in N.J. Antitrust Suit Appealed The plaintiffs in the matter, "In re Insurance Brokerage Antitrust Litigation," which names St. Paul Travelers Companies, Inc. -- now known as The Travelers Companies, Inc. -- as one of the defendants, are appealing the dismissal of certain claims... Read More |
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VERITAS SOFTWARE: Calif. Court Approves $35M Securities Deal Judge Maxine M. Chesney of the U.S. District Court for the Northern District of California approved a $35-million settlement between Veritas Software Corp. and disgruntled shareholders more than six months after an appeals court remanded the case,... Read More |
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Today's Top Stories have been selected from the Class Action Reporter.
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