class action settlements News

Bringing a securities class action became less lucrative last year. According to Cornerstone Research, total settlements in such cases hit their lowest point in 16 years. The aggregate amount of settlements dropped 78 percent to $1.07 billion in 2014 from …

Heather Peters, a Honda Civic hybrid owner unhappy with a proposed settlement relating to a class action lawsuit alleging Honda falsely advertised the gas mileage of the car as 50 miles per gallon, instead paid $75 to file a small …