Japanese auto parts maker Tokai Rika has agreed to settle claims against it for $34.2 million. The four proposed settlement classes include those who say they were overcharged for heating control panels, occupant safety restraint systems, switches and steering angle sensors. According to the motion for preliminary approval, the classes includes millions of buyers.
Class Actions Blog
Archive for the ‘Consumer Protection’ Category
Another auto parts settlement in antitrust MDL
Facebook user files class action against Facebook
Facebook has been sued in a California federal court by a Facebook user. The plaintiff seeks to get the case certified as a class action.
Securities class action filed against Facebook relating to data provided to Cambridge Analytica
Shareholders of Facebook stock sued the social media giant alleging that Facebook made misleading claims about its use of user data, which blew up this month when its alleged relationship to a Trump-linked data firm was made public. Shares of Facebook’s stocks toppled more than $20 over two days earlier this week after the New York Times and the Observer of London reported that Facebook did not tell users that their private data was being harvested by Cambridge Analytica, a political data firm with ties to President Donald Trump’s 2016 campaign.
Yahoo agrees to $80 million settlement of securities class action arising out of data breach
The parties to a class action against Yahoo arising out of a data breach involving the personal information of 1.5 billion users announced a settlement of the claims of investors that the risks were not disclosed. The investors alleged that the company intentionally misled them about its cybersecurity practices in the wake of massive hacks. Read more…
Class action filed on behalf of babies born with opioid addiction
On February 26, 2018, a class action lawsuit was filed in Louisiana against several pharmaceutical manufacturers and distributors on behalf of babies born in Louisiana with opioid addictions.
The suit seeks money to cover long-term treatment for the plaintiff and other infants who are born suffering opioid withdrawals. Read more…
Securities fraud class action against Facebook settled for $35 million
A settlement of a class action against Facebook was preliminarily approved on February 26, 2018. The deal was reached to a securities fraud suit that had been certified as a class action. The suit alleged the tech giant hid key financial forecast information from investors leading up to its initial public offering in May 2012, causing its stock to languish in its first year.