Class Actions Blog

Financial institutions reject Target and MasterCard proposed settlement

Posted on: May 28th, 2015 by Steve Larson

targetEarlier on this blog, I noted that MasterCard and Target had entered into a proposed settlement relating to the 2013 breach of Target customers’ data that many financial institutions objected to.  The settlement provided for a $19 million payout, but at least 90% of the banks and credit unions had to sign up for the settlement by last week if it was to go forward.  Target announced that MasterCard informed Target that it didn’t get enough banks to sign onto the $19 million payout to settle the proposed class action in Minnesota federal court. Read more…

Fifth Circuit says BP dividend case should be litigated in England

Posted on: May 27th, 2015 by Steve Larson

usca5Back in 2010, we filed a putative class action seeking to recover $750 million in dividends that were not paid to shareholders of BP after the 2010 Deepwater Horizon spill.  The Fifth Circuit has ruled that the case should be litigated in London, upholding a lower court’s dismissal of the suit.

“We find no such abuse of discretion here,” the appellate court wrote in a per curiam decision. “To the contrary, the district court’s opinion is well-reasoned and provides ample support for its conclusion.” Read more…

Wells Fargo excessive overdraft class action back in the trial court

Posted on: May 22nd, 2015 by Steve Larson

FeeWells Fargo Bank and plaintiffs that had incurred excessive overdrafts returned for oral arguments before U.S. District Judge James Lawrence King after a two-year pause while Wells Fargo appealed his ruling that its waiver of its right to compel arbitration against the named plaintiffs carries over to the unnamed plaintiffs. The Eleventh Circuit vacated that finding on jurisdictional grounds because the putative class has not yet been certified. Read more…

Franchisee class action against Coverall settles for $5.5 million

Posted on: May 19th, 2015 by Steve Larson

Blog Wage and HourA Massachusetts federal judge has given preliminary approval to a $5.5 million settlement in a wage-and-hour class action brought by Coverall North America Inc. franchisees who accused the custodial company of misclassifying them as independent contractors.  The settlement, approved by U.S. District Judge William G. Young, covers anyone who purchased a Coverall franchise in that state since February 2004, as well as those who bought a franchise from “master franchisee” R&B Services Inc. Read more…

Auto parts civil antitrust settlements exceed $260 million so far

Posted on: May 4th, 2015 by Steve Larson

CarCivil settlements recently have exceeded $260 million in federal litigation stemming from the ongoing U.S. criminal antitrust investigation into auto parts supplier price fixing. Most recently, U.S. District Judge Marianne Battani gave preliminary approval to a deal for TRW Automotive Holdings Corp. and German affiliate TRW Deutschland Holding GmbH to settle for $8 million with direct purchaser plaintiffs, which are other auto companies who allegedly bought components at colluded prices.

Since February, Hitachi Automotive Systems Ltd. and Panasonic Corp. have also agreed to pay nearly $83 million combined to settle with dealership and consumer plaintiffs.

Public Justice: One Lawmaker’s Unprecedented Legislation to Allow Corporate America to Run Wild

Posted on: April 30th, 2015 by Steve Larson

UShousePaul Bland, Executive Director of Public Justice, writes, “Rep. Bob Goodlatte has introduced H.R. 1927 – the misleadingly titled Fairness in Class Action Litigation Act of 2015 – which would make it essentially impossible for Americans to join together in bringing class action lawsuits for nearly any illegal act a corporation might undertake. Read more…

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This blog is intended to provide information to the general public and to practitioners about developments that may impact Oregon class actions.

About the author

  • Steve Larson

  • Steve Larson
  • Steve Larson has been representing investors, consumers and employees in class actions in Oregon for over 20 years. He is a shareholder at the law firm of Stoll Berne in Portland, Oregon.
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