Charities Receive $41 Million Worth of Tape and Office Supplies |
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A Settlement has been proposed in a class action lawsuit to settle claims of those who purchased (for home or office use and not for resale) invisible and transparent tape manufactured by 3M Company and sold in the United States, such as Scotch Magic tape, Scotch transparent tape, Highland tapes and other invisible and/or transparent tapes.
If the Settlement is approved, 3M will donate $41 million worth of tape and other consumer products to charities throughout the United States. The charities will be able to use the products in carrying out their charitable work or distribute them to other organizations that also serve the needy. The Plaintiffs and 3M agree that it would not be practical to otherwise distribute products to the Class, because of the large size of the Class and because of the small volume of purchases made by most Class Members.
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Other Consumer Products Cases of Interest
Netflix settled a class action lawsuit brought against the company in 2004 for allegedly duping potential customers by advertising "unlimited" DVD rentals and "one day delivery." Current and former Netflix customers will receive a one-month perk. Class action lawsuit was filed by th Arizona Center for Disability Law Center against the Arizona Health Care Cost Containment System (AHCCCS), (Arizona's Medicaid system). Mergers often strengthen a corporation, but sometimes hurt stockholders and the public. The class has been certified in an action filed against the Minnesota Corn Processors (MCP) Board of Directors on behalf of all individuals holding MCP Class A shares prior to September 5, 2002, and the who had the right to vote in connection with the 2002 $400 million merger between MCP and Archer Daniels Midland (ADM). The action alleges that the Board hid the fact that they were profiting from the merger illegally while shareholders would only make a fraction of what their shares were worth in the transaction. A class action lawsuit has been filed in Allegheny County, Pennsylvania challenging the University of Pittsburgh's new basketball season ticket policy, which lets the school reassign some seats depending on how much a ticket holder donates to the school. A class action has been filed against Leviton Manufacturing Company, Inc. on behalf of South Carolina residents whose homes have an allegedly unsafe type of electrical outlet--a back plug-in outlet--manufactured by Leviton in violation of state consumer safety laws. The action seeks unspecified compensatory damages.
All of those miscellaneous charges that companies add on to credit purchases are regulated by state and federal law. The parties have reached a tentative settlement in a class action against Schewel Furniture Company, Inc. on behalf of all Virginia residents to whom the company improperly applied finance charges, thereby violating Virginia's Consumer Protection Act and the federal Truth in Lending Act.
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