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US District Judge Samuel Conti grants preliminary approval of indirect purchaser settlement

July 9, 2015 by

Today US District Judge Samuel Conti granted preliminary approval to indirect purchaser plaintiffs’ proposed settlement with defendants Philips, Panasonic, Hitachi, Toshiba, Samsung SDI, Thomson, and additional defendants, in the cathode ray price fixing case. Under the agreement, these defendants will pay a total of $576.8 million.

Consumer Finance Protection Bureau issues report on mandatory arbitration and class action waivers

March 11, 2015 by

Yesterday, following three years of intense research, empirical studies, and analysis, following dozens of submissions by a wide range of stakeholders including thousands of pages, the Consumer Finance Protection Bureau issued its Final Report, mandated by Congress in the Dodd-Frank Act, as to the effects of mandatory arbitration/class action waivers. From the CFPB press release:

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