LYCOS RETRIEVER 
Class Action Lawsuits
built 117 days ago
In other findings, the number of class-action lawsuits alleging violations of generally accepted accounting principles remained relatively constant in 2004 at 102, compared with 107 in 2003. Several of the high-dollar DDL losses recorded in 2004 were the result of product market developments that had material adverse stock prices.
Source:
Class actions lawsuits aren't brought to bring large rewards to the litigants. They are brought to hold corporations responsible for their decisions and to force them to act in the interest of public safety. As such, it is clear that class action litigation plays a critically important role in a democracy and free market that desires smaller government and as little regulation as possible.
Source:
Goto to Millberg's main site http://www.milberg.com and read the number of class action lawsuites they have filed, it is almost ridiculous. They have even filed a class action lawsuit against K-mart for failing to cover prescription contraceptives. :lol: ("The complaint, filed in the Northern District of Georgia by Milberg Weiss, Heller Horowitz & Feit, P.C., the Law Offices of George Stein and the National Women’s Law Center, alleges that it is an unlawful employment practice to exclude prescription contraceptive coverage while including coverage for other prescription drugs.
Source:
HB 1100 updates Colorado Rule of Civil Procedure 23, which governs class actions, to reflect changes in the comparable Federal Rule of Civil Procedure 23. Colorado Rule 23 is identical to Federal Rule 23, except that Colorado has not added section (f), which allows for interlocutory appeals for class certification. This bill adds section (f) so that Colorado will ... allow interlocutory appeals.
Source:
One of Merck’s legal strategies has been to fight Vioxx class action lawsuits. In almost all cases, it has been successful when the victims sought class certification but it faced an uphill task when insurers, HMO’s and union health plans argued that Merck hid the safety risks of Vioxx before recalling the deadly painkiller.
Source:
In addition, among other things, the Mississippi Baptist class action lawsuit describes Defendant Baptist as counterfeit; it charges that Defendant Baptist functions as “for-profit†business.  It makes clear that while Defendant Baptist garnishes the wages of its uninsured patients it compensates and/or contributes excess “six figure†incomes to many of its executives including $763,000 to its President and CEO for the fiscal year ending August 31, 2002 and at least $672,000 in compensation for the fiscal year ending August 31, 2003.
Source:
MORE ABOUT
Class Action Lawsuits