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NEWS ABOUT: class action

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Exxon Asks Court to Toss $2.5B Payout

Supreme's justices appear to be split in Valdez case

(Newser) - Nearly 20 years after the Exxon Valdez spilled 11 million gallons of crude oil in Prince William Sound, the company asked the Supreme Court to reject a ruling that it pay $2.5 billion in punitive damages. Judges appeared split in today's arguments, USA Today reports, making a tie possible... More »

Supreme Court Denies Tobacco Industry Appeal

Justices won't intervene in W. Va. case involving hundreds of lawsuits

(Newser) - The Supreme Court today handed the tobacco industry a setback, rejecting without comment an appeal contending that West Virginia’s two-tiered system of consolidating cases is unconstitutional. In their appeal, industry lawyers called the process “deeply and fundamentally flawed,” the Wall Street Journal reports, but the plaintiffs' lawyers... More »

Diamonds Are a Girl's Best Refund

Class-action suit forces gem giant De Beers to cut consumers a check

(Newser) - If you bought a diamond—any diamond—between 1994 and 2006, De Beers owes you money. The jewelry behemoth recently settled a class-action lawsuit that accused it of driving up diamond prices with monopolistic practices. To compensate, it will pay consumers up to 59% of their bling’s original price.... More »

Tyco-Case Lawyers Seek Record $460M Fee

Claim 488,000 hours working for plaintiff

(Newser) - It would be the largest payday ever in a securities class action suit: three law firms tomorrow will ask a federal judge in New Hampshire to approve $460 million in fees and $29 million in expenses for their work for the plaintiffs in the suit against Tyco, the Wall Street ... More »

Students Win $2.85M on SATs

College Board settles class-action lawsuit over incorrect scores

(Newser) - Students who took the SAT exam in 2005 and received incorrect scores have settled a class-action lawsuit with the test makers to the tune of $2.85 million, the New York Times reports. Over 4,000 students who sat the examination received scores that were artificially low—as much as... More »

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