Class Actions Blog

Archive for the ‘Consumer Protection’ Category

Class action filed against Intel alleging processor defects affecting security

Posted on: January 11th, 2018 by Steve Larson

A class action has been filed in California, January 3, 2018, less than 24 hours after Intel Corp. announced that patches to fix an alleged security defect in its chips could result in potential performance-slowing in its chips. The complaint alleges that Intel isn’t making customers whole with the patch because they’re getting a slower system than they bargained for.

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Class action filed against Apple for slowing down older iPhones

Posted on: January 2nd, 2018 by Steve Larson

A class action lawsuit has been filed in California federal court against Apple after the company admitted it slows down old iPhones with older batteries. The suit was filed shortly after Apple justified its practice of slowing down older phones, saying it does so “to protect its electronic components” as their batteries age and become less potent.

The lawsuit is claiming damages because of “economic damages and other harm” suffered. The complaint seeks to cover anyone in the United States with an iPhone older than Apple’s new iPhone 8 model.

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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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Richard Cordray resigns as Director of Consumer Financial Protection Bureau

Posted on: November 16th, 2017 by Steve Larson

Richard Cordray was appointed the lead in the newly created Consumer Financial Protection Bureau by President Obama. During his tenure, the CFPB levied a $185 million fine against Wells Fargo for the bank’s infamous practice of opening phony accounts last fall. Overall, the CFPB’s enforcement actions have resulted in about $12 billion in relief for victims of these unscrupulous practices.

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24 Hour Fitness settles class action

Posted on: November 13th, 2017 by Steve Larson

On November 1, 2017, plaintiffs in a class action against 24 Hour Fitness moved for preliminary approval of a $1.5 million settlement over allegations that the fitness center chain carried out a fraudulent and misleading sales campaign related to its prepaid memberships. In the suit, the plaintiffs claim that 24 Hour Fitness represented that the fees under its prepaid membership contracts for lifetime members would not increase, but after April 2006, the company changed the membership contracts to provide that the annual renewal charge was only guaranteed for one year beyond the initial term. Despite this modification to the prepaid membership agreement, 24 Hour Fitness’ sales representatives continued to assure prepaid members that their dues would remain the same.

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The America Legion has asked President Trump to veto the recently passed bill undercutting the CFPB rule on forced arbitration

Posted on: November 9th, 2017 by Steve Larson

The leader of the nation’s largest veterans’ service organization expressed concern over the loss of financial protections for veterans and service members in the wake of a U.S. Senate late night vote on Wednesday. Fifty-one members of the Senate voted to overturn a recent Consumer Financial Protection Bureau (CFPB) rule on arbitration agreements intended to provide consumers with an opportunity to sue in court when they have been harmed by financial institutions.

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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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