Class Actions Blog

Archive for the ‘Class Actions of Interest’ Category

Marvell Technology settles securities class action for $72.5 million

Posted on: December 21st, 2017 by Steve Larson

A motion for preliminary approval of a class action settlement was filed in California federal court on December 19, 2017 by investors in Marvell Technology. Under the deal, Marvell will pay pay $72.5 million to end an investor class action alleging the company’s stock dropped 16 percent after inflated revenue projections proved false. The settlement comes after U.S. District Judge William Alsup certified the case as a class action.

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Six women file class action against Harvey Weinstein and his studio

Posted on: December 19th, 2017 by Steve Larson

Harvey Weinstein and the studio he co-founded have been named in a class action lawsuit filed by six women. The class action seeks to represent hundreds of women allegedly sexually assaulted or harassed by the movie mogul during his decades in Hollywood.

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Sewage treatment plants file class action against Costco, Target, and Wal-Mart over flushable wipes

Posted on: December 13th, 2017 by Steve Larson

Costco, Target and Wal-Mart have been named in a class action brought by sewage treatment facilities. The retailers manufacture and sell wipes that allegedly are misrepresented as safe to flush, but damage sewage systems, the complaint alleges. The wipes are labeled as “safe to flush, safe for plumbing, safe for sewer systems and/or biodegradable” but don’t disintegrate after they are flushed, the suit alleged. The wipes are therefore not flushable “under any definition of the term,” according to the complaint. But because the wipes are marketed as safe to flush, consumers continue to discard them into toilets and subsequently damage sewage systems, the suit claimed.

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21st Century Fox settles derivative suit for $90 million

Posted on: December 11th, 2017 by Steve Larson

21st Century Fox recently announced that it was agreeing to pay $90 million to resolve a derivative suit against the corporation’s management arising out of sexual harassment allegations. At a time when the number of high-profile and powerful individuals accused of sexual harassment increases almost every day, the Fox settlement is most notable for creating a majority-independent body of experts that is empowered to tackle sexual harassment issues in a novel way.

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Another auto part maker settles in wide-ranging antitrust lawsuit

Posted on: December 6th, 2017 by Steve Larson

U.S. District Judge Marianne O. Battani, in the district of Michigan, gave initial approval to a $12.16 million proposed settlement that would end claims in multidistrict litigation that a Japanese auto parts supplier participated in a wide-ranging conspiracy to hinder competition by fixing the prices of ceramic substrates sold to U.S. automakers. The settling defendants were NGK Insulators Ltd. and NGK Automotive Ceramics USA Inc. The proposed settlement class would include everyone who has bought or leased a new vehicle in the U.S. since July 1, 1999, that included a ceramic substrate part manufactured by NGK or indirectly bought such an item as a replacement part.

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Pfizer settles Celebrex antitrust class action for $94 million

Posted on: November 30th, 2017 by Steve Larson

A class of direct purchasers who allege that Pfizer used fraudulent patents to delay generic competition for its anti-inflammatory drug Celebrex have reached a $94 million settlement agreement with Pfizer. In August, 2017, U.S. District Judge Arenda L. Wright Allen certified a class of 32 direct purchasers who claim Pfizer cost Celebrex buyers hundreds of millions of dollars by abusing the courts and the U.S. Patent and Trademark Office to extend its exclusive window to sell the drug.

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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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