Class Actions of Interest

Judge Approves Settlement in Anthem Data Breach Case

Last week, a California federal judge approved a $115 million settlement ends claims Anthem Inc. put 79 million consumers’ personal information at risk in a 2015 data breach. U.S. District Judge Lucy H. Koh ruled that the deal, which provides the class of data breach victims with two years of credit monitoring, coverage of out-of-pocket expenses stemming from the breach, and compensation for those who got their own credit monitoring — is “ fair, reasonable

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Zicam Settles False Advertising Class Action for $16 Million

The makers of the cold and allergy medication Zicam have agreed to pay a $16 million settlement to resolve a class action lawsuit. According to the lawsuit, Zicam made “false and misleading statements about the effectiveness of certain Zicam products in violation of state and federal law.” Zicam is denying these claims.

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John Hancock Settles Insurance Class Action for $91 Million

John Hancock Life Insurance Company (U.S.A.) has entered into a preliminary settlement with certain owners of its universal and variable universal life insurance policies who have policies that contain a contractual promise that “Applied Monthly Rates will be based on [John Hancock’s] expectations of future mortality experience”—and nothing else.

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Blood Reagents Antitrust Class Action Settles

Ortho-Clinical Diagnostic has agreed to pay $19.5 million to resolve a class action alleging that it conspired with another company to fix prices on the reagents used in blood tests. Ortho-Clinical’s $19.5 million will be combined with a $22 million settlement that Immucor Inc. agreed to pay to resolve allegations against it, bringing the total settlement fund to $41.5 million.

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Antitrust Class Action Filed Against Pork Processors

Several large U.S. pork companies, including Hormel Foods Corp., Smithfield Foods, Inc., and Tyson Foods Inc., were hit with an antitrust lawsuit this week alleging that they conspire to inflate pork prices in an effort to boost profit at consumers’ expense. The complaint alleges the collusion has been going on since 2009.

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Foot Locker Pension Plan Members Recover $290 Million in ERISA Class Action

A New York federal judge confirmed that 16,000 Foot Locker pension plan members were entitled to $290 million in benefits following a successful challenge to a cut in their plan. The judge entered an amended final judgment in the long-running case after the U.S. Supreme Court in February denied Foot Locker’s petition, confirming that the retailer must pay $290 million to its pension plan members in the long running Employee Retirement Income Security Act case.

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Monsanto Settles False Labeling Class Action for $21.5 Million

On May 25, a federal court in Missouri approved a $21.5 million settlement between Monsanto and a class of consumers who alleged the agrochemical giant used misleading labeling on its Roundup weed killer. The complaint stated that Monsanto misled consumers about how much Roundup could be made from bottles of concentrate. The concentrate labels say the formula “makes up to” a certain amount of herbicide when mixed with water, but the instructions’ fine print says the formula

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Samsung and Toshiba Agree to Settle Antitrust Claims of Indirect Purchasers of Optical Disk Drives

After losing on a motion for summary judgment, a class of optical disk drive (“ODD”) end users has agreed to settle with Samsung and Toshiba. The case is currently on appeal to the Ninth Circuit, but attorneys for the plaintiffs filed a request with the Ninth Circuit to extend the appeals briefing by 60 days while they seek a limited remand to the district court for approval of the settlements.

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Another auto parts settlement in antitrust MDL

Japanese auto parts maker Tokai Rika has agreed to settle claims against it for $34.2 million. The four proposed settlement classes include those who say they were overcharged for heating control panels, occupant safety restraint systems, switches and steering angle sensors. According to the motion for preliminary approval, the classes includes millions of buyers.

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