Class Actions Blog

Posts Tagged ‘PricewaterhouseCoopers’

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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Former Price Waterhouse employees get class certified in ERISA case

Posted on: August 1st, 2014 by Steve Larson

Blog Wage and HourIn 2006, former employees of Price Waterhouse filed a putative class action alleging that when they were paid a lump sum distribution of their benefits under Price Waterhouse’s retirement benefit plan before age 65, Price Waterhouse’s calculations didn’t meet Employee Retirement Income Security Act standards.

Recently, U.S. District Judge J. Paul Oetken certified a class in this long running litigation.  The class consists of those employees who took a lump sum payouts under Price Waterhouse’s retirement benefit accumulation plan between March 23, 2000, and Aug. 17, 2006.  The class may include thousands according to the motion for class certification. 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.

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  • 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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