class action settlements News

US Class Action Settlements Flooded With Fraudulent Claims by Scammers: Reuters

Artsana, a maker of child car booster seats, last year agreed to settle claims that it had misled customers about how to use its products, offering $50 to people who had bought Chicco-brand seats. The company, which did not admit …

Securities Class Action Settlements Plummeted Last Year

Bringing a securities class action became less lucrative last year. According to Cornerstone Research, total settlements in such cases hit their lowest point in 16 years. The aggregate amount of settlements dropped 78 percent to $1.07 billion in 2014 from …

Honda Small Claims Case Could Affect Class Action Settlements

Heather Peters, a Honda Civic hybrid owner unhappy with a proposed settlement relating to a class action lawsuit alleging Honda falsely advertised the gas mileage of the car as 50 miles per gallon, instead paid $75 to file a small …