Shareholders of Brazilian oil giant, Petrobas, have obtained a nearly $3 billion settlement of a class action alleging that the energy company concealed kickbacks that top officials and their political patrons received in exchange for directing Petrobras to buy and build production facilities at inflated prices.
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.
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.
According to a motion for preliminary approval, Google Inc. has agreed to pay $22.5 million to settle a class action lawsuit brought on behalf of advertisers who claim the tech giant placed their purchased ads on unused or inactive websites. The lawsuit was filed in 2008.
According to a Motion for Preliminary Approval filed in a Georgia federal court, Home Depot has agreed to pay $25 million and strengthen its data security practices to resolve a putative class action brought by financial institutions after a 2014 data breach that compromised 56 million credit and debit card numbers.