Class Action Law Reporter
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October 2010
Case in Point
Bally Fitness settles with shareholders over inflated profit statements
The plaintiffs alleged that the fitness club chain, several of its executives, and its auditor reported artificially inflated profits and disseminated false information to defraud investors in violation of the Securities Exchange Act of 1934. The parties reached a $2 million settlement. In re Bally Total Fitness Secs. Litig.
News
- Veterans' suits against contractors that built 'burn pits' may proceed, court says
Courtney L. Davenport - Scalia stays order requiring tobacco companies to fund cessation program for smokers
Courtney L. Davenport - First class action filed after contaminated-egg recall
Courtney L. Davenport
Verdicts & Settlements
Decisions
Articles
Just Filed
- Commercial property owners sue JM Eagle for substandard PVC pipes
- Medicaid patients claim hospitals billed them for Medicaid-covered services
- Hawaii teachers challenge transfer of health benefits to more costly plan
- CitiMortgage sued by consumers ejected from loan modification program
- Shareholders claim Acura Pharmaceuticals misled them about FDA approval of Acurox
Certification News
- Wage-and-hour suit against Greene Turtle restaurant may proceed as class action
- Second Circuit decertifies third-party payers' Zyprexa suit
- Certification denied in antitrust suit against makers of plastic additives
- African-Americans who received city housing aid may pursue discrimination claims
- Walmart seeks Supreme Court review of class certification in sex discrimination suit
