plaintiffs News

Author Says Lawyers, not Plaintiffs, the Real Winners in Class-Action Suits

Brooke Melton died on her 29th birthday. Her Chevy randomly shut off in the middle of the highway a little before 8 p.m., and she crashed into a creek in Atlanta. A couple hours later, her parents were notified by …

Harvard Invests in Litigation Strategy That Has Posted Big Gains

Harvard University is committing more capital to a strategy that backs plaintiffs in commercial disputes, delivering robust uncorrelated returns. The strategy is run by IMF Bentham Ltd., a publicly traded company which last week finished raising $500 million for a …

SoCalGas Raises Estimated Cost of Aliso Canyon Gas Leak to $1.07 Billion

Southern California Gas Co raised the estimated cost of the massive leak at its Aliso Canyon natural gas storage facility in Los Angeles between October 2015 and February 2016 to $1.071 billion as of March 31. That is up about …

Wal-Mart Plaintiffs Set for a Return to Court

Plaintiffs in a huge sex bias class-action case against Wal-Mart Stores Inc that was struck down by the U.S. Supreme Court will begin to unveil plans Friday for how they will try to resuscitate their lawsuits. Lawyers for the women …

$62M Louisiana Road Home Settlement: $0 for Lead Plaintiffs

Two lead plaintiffs won’t get any money from a recent $62 million settlement to a case alleging discrimination in the Road Home program to help people rebuild after the hurricanes of 2005. The Times-Picayune reports that Almarie Ford and Edward …