• Philips Agrees to Pay $4.5 Million To End FCPA Lawsuit

    Koninklijke Philips Electronics NV (PHG, PHIA.AE) announced that it will pay U.S. regulators $4.5 million to end an ongoing lawsuit with allegations of foreign bribery, the company said. In February 2011 Philips informed the Securities and Exchange...

    • Posted 4 years ago
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  • Waiora Settles Class Action Over ‘Natural Cellular Defense’ Misrepresentations

    Supplement maker Waiora LLC has agreed to settle a class action for $12 million.  The lawsuit alleged the company’s mineral-enhanced anti-aging product consisted of mostly water. Class members will be eligible to receive a free three-pack of...

    • Posted 5 years ago
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  • Optimum Nutrition Settles Misleading Claims Lawsuit

    Consumers have reached a class action settlement with Optimum Nutrition, ending a lawsuit about the company’s use of the ingredient Aminogen in their protein powder. The settlement provides as much as $48 to consumers who are eligible....

    • Posted 5 years ago
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  • Toyota Unintended Acceleration Individual Settlement Notices To Be Mailed Out

    A class of approximately 20 million Toyota vehicle owners should begin receiving notices of the $1 billion class action settlement, which alleged that Toyota’s much-publicized unintended acceleration problems caused the value of Toyota vehicles to decline. While...

    • Posted 5 years ago
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