Class Actions Blog

Archive for the ‘Consumer Protection’ Category

Ashley Madison settles data breach class action for $11.2 million

Posted on: July 18th, 2017 by Steve Larson

Ruby Life, Inc., the parent company of online dating website Ashley Madison, reached an $11.2 million deal to resolve a class action in which users alleged that Ashley Madison had failed to use proper care to secure their personal information after a data breach allegedly disclosed information regarding 37 million users. Ashley Madison is known as being an adultery website.

The case is In re: Ashley Madison Customer Data Security Breach Litigation, case number 4:15-md-02669 in the U.S. District Court for the Eastern District of Missouri.

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Article in The Hill explains why the new CFPB banning mandatory arbitration is a good thing

Posted on: July 13th, 2017 by Steve Larson

Paul Bland has written an excellent article in The Hill that reviews the background behind the publication of the new CFPB rule banning mandatory arbitration, and addresses the merits and criticisms of the new rule.

Here is the link.  http://thehill.com/blogs/pundits-blog/finance/341472-who-will-gop-lawmakers-stand-with-the-people-or-crooked-bankers.

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CFPB issues rule banning mandatory arbitration agreements in consumer finance documents

Posted on: July 12th, 2017 by Steve Larson

On July 10, 2017, the Consumer Financial Protection Bureau (CFPB) announced a new rule to ban companies from using mandatory arbitration clauses to deny groups of people their day in court. Many consumer financial products like credit cards and bank accounts have arbitration clauses in their contracts that prevent consumers from joining together to sue their bank or financial company for wrongdoing. By forcing consumers to give up or go it alone – usually over small amounts – companies can sidestep the court system, avoid big refunds, and continue harmful practices. The CFPB’s new rule will deter wrongdoing by restoring consumers’ right to join together to pursue justice and relief through group lawsuits.

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Anthem settles data breach case for $115 million

Posted on: June 27th, 2017 by Keith Dubanevich

Anthem Inc. has agreed to a negotiated settlement valued at $115 million to end class action litigation over a massive data breach. The settlement funds will be used to provide credit protection and reimbursement for customers and pay attorneys’ fees.

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Banks file class action against Chipotle over data breach

Posted on: June 5th, 2017 by Steve Larson

On April 26, 2017, Chipotle Mexican Grill announced that it had detected a breach of the system it uses to process customers’ payment card information. Last week, a second financial institution filed a proposed class action in Colorado federal court accusing the restaurant chain of failing to maintain adequate security measures.

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More defendants settle in the Auto Parts Antitrust class action

Posted on: May 31st, 2017 by Steve Larson

Lawyers for automobile purchasers asked a Michigan federal judge to approve a proposed $7.6 million deal to settle claims in multidistrict litigation that an automotive bearings supplier and its Swedish affiliates participated in a price-fixing scheme with manufacturers in the U.S., Japan and Germany. The settlement, if approved, would resolve allegations that SKF USA, Inc. and its Swedish affiliates unlawfully colluded with other manufacturers to fix the prices of automotive devices including ball bearings, tapered roller bearings, roller bearings, mounted bearings, and parts and components for ball and roller bearings.

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The information contained in this blog does not constitute legal advice, and does not create an attorney-client relationship. We make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this blog.

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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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