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Learn if You Have a Claim Against Sellers of Products Containing Asbestos
Other Consumer Products Cases of InterestA class action has been filed against membership shopping warehouse operator PriceSmart, Inc. (Nasdaq: PSMT) and certain of its officers and directors by stockholders who purchased the company's common stock between December 20, 2001, and November 7, 2003. The action claims that the defendants violated federal securities laws by issuing a series of material misrepresentations to the market over this time period, thereby artificially inflating the price of the company's securities. Wireless telephone carriers have charged early termination penalties despite their failure to supply adequate telephone service. The practice of charging these unfair fees to customers who terminate their unsatisfactory wireless phone service is designed to lock customers into staying with companies that cannot provide satisfactory service. Lawyers are currently investigating claims against wireless telephone providers, including AT&T, Verizon, Cingular, Sprint, T-Mobile, Nextel, U.S. Cellular, Alltel, and Qwest, who may have unfairly charged early termination fees even when they failed to provide adequate telephone service. Buyers at the failed 1390 Brickell Bay condominium tower have filed a class-action lawsuit against developer Kenneth Baboun and his company BBB Group claiming fraud and breach of contract. Baboun pulled the plug on the proposed 49-story condo near Miami's Brickell Avenue in February, saying hurricane-related delays and rising construction costs doomed the project. He returned buyers' deposits, which amounted to 20 percent of their purchase price earlier this year. Bankrupt Enron Corporation lost a round in court when a judge refused to dismiss a class-action lawsuit against its Portland General Electric subsidiary. The lawsuit seeks $7 million that PGE charged ratepayers for taxes the complaint alleges were not paid to Multnomah County.
Judge Robert Ruehlman approved a class-action settlement against Cincinnati Bell Wireless for improper roaming charges.
The settlement for more than $6 million will allow subscribers who were wrongfully charged for roaming services to get up to $50 in vouchers for certain Cincinnati Bell services. A class action has been filed against Pass & Seymour, Inc. on behalf of South Carolina residents whose homes have an allegedly unsafe type of electrical outlet--a back plug-in outlet--manufactured by Pass & Seymour in violation of state consumer safety laws. The action seeks unspecified compensatory damages.
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