class action News

Study: Percentage of Companies Facing Class Actions at Highest Level in 13 Years

Class action spending increased to nearly $4 billion, making it one of the fastest-growing areas of legal spending in 2024, a new study shows. Carlton Fields released its 13th annual Class Action Survey, which provides an overview of important issues …

Georgia Lawmakers Approve End to Direct-Action Suits Against Trucking Insurers

A bill that would end direct-action lawsuits against trucking insurers is rolling toward the governor’s desk after it was approved by the full House of Representatives this week. Senate Bill 426, heralded as a way to encourage more insurance carriers …

Class Action Lawsuits Pile up Over Unitedhealth Data Breach

UnitedHealth Group has already been hit with at least six class action lawsuits accusing it of failing to protect millions of people’s personal data from last month’s hack of Change Healthcare, its payment processing unit, with more lawsuits likely to …

Walmart, Energizer Must Face Lawsuits Over Battery Prices

Walmart WMT.N and Energizer ENR.N were ordered by a U.S. judge to face lawsuits by consumers and retailers accusing them of violating antitrust law by conspiring to raise prices of disposable batteries. In a decision on Friday, U.S. District Judge …

Class Actions Filed Over Builders Mutual, Progressive’s Own Data Breaches

Progressive Casualty Insurance and North Carolina-based Builders Mutual Insurance Co. have been served with class-action lawsuits over data breaches on their own computer systems in 2022, cyber attacks that may have exposed the personal data of more than 411,000 people. …

University of Delaware Settles Class Action Over COVID Campus Shutdown

The University of Delaware has agreed to pay $6.3 million to settle a lawsuit over its campus shutdown in 2020 and the halting of in-person classes because of the coronavirus pandemic. According to court papers that were filed this month …

4th Circuit Finds Nothing Ambiguous About Bump-Up Exclusion

Whether you call it an acquisition or a merger, the fact that Willis Group Holdings ended up controlling Towers Watson and shareholders filed a lawsuit alleging they were shortchanged triggered a “bump-up” exclusion in a directors and officers policy, a …

Lawsuit Accuses Chubb of ‘Lowballing’ and Risking Further Liability

Insurer Chubb has been accused of “lowballing” offers in the settlement of an employee class action that the owner of a popular New England grocery chain was motivated to close out due to fears that further discovery might reveal damaging …

Parent of Silicon Valley Bank Seeks Bankruptcy Protection

The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection. SVB Financial Group, along with its CEO and its chief financial officer, were targeted this week in a class action lawsuit …

More Legal Troubles for Moseley Law Firm, Mitchell Adjusting

A judge in Louisiana and a prosecutor in Texas have taken action to block two separate insurance fraud schemes: One by a law firm whose lawyers admitted filing claims on behalf of homeowners it did not represent and another by …