Sentences with phrase «base class action settlement»
The IAP is the mechanism through which people who suffered serious physical, sexual, or psychological abuse at residential schools can apply for additional compensation on top of the base class action settlement.
http://www.canadianlawyermag.com/ Not exact matches
On January 19th, 2016, a federal judge preliminarily approved a class action settlement on behalf of JPMC shareholders who alleged suffering losses as a result of the bank's supplying false and misleading statements concerning the risks and losses arising from the secret proprietary trading activities of the «London Whale,» a rogue London - based JPMC trader who caused the bank to suffer $ 6.2 billion in losses.
Under the proposed settlement, announced Wednesday morning, Penguin would pay $ 75 million to consumers represented by 33 states» attorneys general and by Hagens Berman, the Seattle - based law firm that filed the class action suit against Apple (s AAPL) and publishers in 2011.
Professor Brickman argues that the BP suit is representative of a larger trend in American class action litigation whereby the plaintiffs» lawyers are hired on a contingency fee basis and end up reaping enormous sums from the settlement.
The settlement agreement, which needs to be approved in court, will end multidistrict class action litigation against the Indianapolis - based company.
This is not a class - action settlement, the Wall Street Journal reports today, and claims will be evaluated on an individual basis.
In short, class action cases are not susceptible to the market - based determinants that should drive settlements of corporate claims between businesses, and therefore are not good investment targets.
class action settlement based on Wal - Mart's failure to pay all earned vacation pay at the time of termination, plus statutory penalties.
This was not cited as a basis for overturning the settlement, but Judge Posner used the opportunity «to remind the class action bar of the importance of insisting that named plantiffs be genuine fiduciaries, uninfluenced by family ties... or friendships.»
Some class - action settlement has occurred based on some product that we may or may not have purchased years ago, and we are now entitled to a $ 0.37 share of the proceeds.
Yesterday, NERA Economic Consulting released its 2008 Trends in Securities Class Actions, a report that is based on more than 15 years of NERA research on case filings and settlements in shareholder class actClass Actions, a report that is based on more than 15 years of NERA research on case filings and settlements in shareholder class aActions, a report that is based on more than 15 years of NERA research on case filings and settlements in shareholder class actclass actionsactions.