Class Actions Blog

About Steve

Steve Larson has been representing investors, consumers and employees in class actions in Oregon for over 20 years. He is a shareholder at the law firm of Stoll Berne in Portland, Oregon. 
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About the Blog

This blog is intended to provide information to the general public and to practitioners about developments that may impact Oregon class actions. 

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Stoll Berne Named to Best Law Firms for 2019

Stoll Berne was recently named in the U.S. News & World Report and Best Lawyers, Best Law Firms rankings for 2019. Firms included in the 2019 “Best Law Firms” list are recognized for professional excellence with persistently impressive ratings from clients and peers. Achieving a tiered ranking signals a unique combination of quality law practice and breadth of legal expertise. The areas ranked include: Metropolitan Tier 1 (Portland, OR): Commercial Litigation Litigation – Antitrust Litigation – Intellectual Property Litigation

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Discrimination Class Action Against Airbnb in Oregon is Allowed to Proceed

Oregon federal district judge Michael Simon denied a motion to dismiss an Oregon class action lawsuit that alleges Airbnb allows discrimination against black users. The lawsuit contends the vacation rental website, which connects homeowners with travelers looking to rent a room, allows the homeowners to discriminate by requiring would-be guests to register with their full name and a photograph. Since the lawsuit was filed, the company changed the policy to only allow homeowners to see

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Yahoo Settles Data Breach Class Action for $50 Million

Yahoo has agreed to pay $50 million to the approximately 200 million customers whose personal information was compromised in what reportedly was the largest data breach in history. The settlement also provides for credit monitoring services for two years for class members.

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Judge Rejects Arbitration Clause In Tribal Payday Loan Class Action

A Washington federal judge has denied a bid by a fintech firm and a tribal corporation through which the firm ran a payday lending business to force into arbitration a suit over exorbitant interest rates, ruling that arbitration clauses in agreements borrowers signed are invalid. The judge said the unclear loan contract language seems to intend that the tribal law of North Dakota’s Turtle Mountain band of Chippewa Indians should apply — to the exclusion

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Tesla Settles with SEC – Other Suits Remain

In September, the SEC alleged that Elon Musk falsely claimed in a series of tweets on August 7, 2018 that he had lined up funding and support to take Tesla private at $420 per share, with backing from Saudi Arabia’s public investment fund. The announcement boosted Tesla’s stock price about 6 percent to close at $379.57 a share that day, although the price has since fallen 28.4 percent, to $271.78, as of Wednesday evening.

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Transamerica Settles Policyholder Class Action for $195 Million

Transamerica Life Insurance Company has agreed to settle a class action lawsuit brought on behalf of policyholders across the United States alleging that Transamerica improperly increased the monthly charges that the company withdrew from the accounts of policyholders who own certain “universal life” insurance policies.

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Antitrust Class Actions Regarding Generic Lidoderm Pain Patch Settle for A Combined Amount Over $270 Million

A California federal judge gave final approval to two settlements of class actions alleging that Teikoku, Endo and Actavis violated antitrust laws by stalling the release of a generic form of the Lidoderm pain patch. One class actin was on behalf of direct purchasers and settled for $166 million. The other was on behalf of end payors and settled for $104.75 million.

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Uber Pays $10 Million to Settle Discrimination Class Action

Five hundred class members who are part of a 2017 class-action suit against Uber alleging pay discrimination and harassment against women and people of color have agreed to settle their dispute with Uber for $10 million. Of that larger group, 56 specifically filed claims alleging sexual harassment or a hostile work environment, and will receive part of a separate $1.9 million payout, an average of $34,000 each.

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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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Stoll Berne Defeats Motions to Dismiss Aequitas Securities Class Action

Stoll Berne represents plaintiffs-investors in Ciuffitelli et al. v. Deloitte & Touche LLP, et al., No. 3:16-cv-00580-AC (U.S. District Court, Oregon). Plaintiffs seek to represent a class of investors in securities issues by Aequitas. On August 1, 2018, defendants’ motions to dismiss were denied. The court upheld plaintiffs’ claims against Deloitte & Touche, the Sidley Austin law firm, TD Ameritrade, Duff & Phelps, EisnerAmper, and Integrity Bank.

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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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