Class Action Lawsuit Center

Recently Filed Lawsuits

Settlement of Suits Against: Bid4Prizes, Altnet, Atzmi, Gatorarcade, IMatchUp.com, Zapsters, Ringtone Channel, Mobile Sidewalk, Ringtone.com, etc.

You may be entitled to a payment under a class action settlement if you subscribed to a service through one or more of the following websites between March 3, 2004 and November 6, 2009: Bid4Prizes, Altnet, Atzmi, Gatorarcade, IMatchUp.com, Zapsters, Ringtone Channel, Mobile Sidewalk, Ringtone.com, MMP3G.com (MxFocus and MM Trivia), Slimlizard, or Q121Mobile.

Franchisees Notified of Class Action Against Mail Boxes Etc.

Notices have been sent out to approximately 3,000 franchisees of Mail Boxes Etc. and The UPS Store, giving them the option to be a part of a national class action lawsuit against the franchisor or to opt out. They have until December 9, 2009 to send in their election form requesting to be excluded from the class. Otherwise, they will be listed as a class member.

Couple Sues AARP Over Health Plan Marketing

A Texas couple has filed a federal class action against AARP in the District of Columbia, alleging the group used misleading marketing to sell its health insurance policies.

KSF Files Securities Class Action Against SunPower Corp.

Kahn Swick & Foti, LLC (KSF) has filed a class action lawsuit against SunPower Corporation (Sunpower or the Company) (Nasdaq: SPWRA News; Nasdaq: SPWRB News) in the United States District Court for the Northern District of California, on behalf of purchasers of the securities of the Company between April 17, 2008 and November 16, 2009, inclusive (the Class Period). No class has yet been certified in this action.

KSF Files Securities Class Action Against SunPower Corp.

Stockholders File Lawsuit Against The Boeing Company

According to a press release dated November 13, 2009, the complaint charges Boeing and certain of its officers and directors with violations of the Securities Exchange Act of 1934. Boeing is involved in the design, development, manufacture, sale and support of military aircraft, satellites, missile defense, human space flight, launch systems and services, and commercial jetliners, including the Dreamliner 787 (787), Boeings principal next generation commercial airplane, which has been eagerly awaited by the commercial airline market and the financial markets since it was first announced in 2004.

Stockholders File Lawsuit Against VeraSun Energy Corp.

According to a press release dated November 10, 2009, The complaint alleges that, throughout the Class Period, defendants failed to disclose material adverse facts about the Companys true financial condition, business and prospects. Specifically, the complaint alleges that defendants failed to disclose the following adverse facts, among others: (i) VeraSun was, in part, a speculative commodities trader in addition to an ethanol producer; (ii) VeraSun engaged in speculative and risky derivate transactions that exposed the Company to substantial financial and liquidity risk; (iii) VeraSun experienced substantial loses on speculative derivative transactions causing margin pressures on the Company; (iv) as a result of margin pressures from bad speculative derivative transactions, the Company sold out of a large short position in corn and incurred substantial losses; (v) the Company entered into highly risky accumulator contracts that obligated VeraSun to purchase increasing amounts of corn after the price of corn fell in price per bushel; and (vi) VeraSuns financial condition and especially its liquidity were negatively impacted as a result of speculative commodity transactions, ultimately causing the Company to file for bankruptcy.

Hemispherx Biopharma, Inc.

According to a press release dated Novemer 10, 2009, Hemispherx is a biopharmaceutical company engaged in the clinical development, manufacture, marketing and distribution of new drug therapies based on natural immune system enhancing technologies for the treatment of viral and immune-based chronic disorders. The Company's products include Ampligen, an experimental drug undergoing clinical development for the treatment of chronic fatigue syndrome.

Proshares Trust : ProShares UltraShort S&P 500 Fund

According to a press release dated November 10, 2009, ProShares sells its Ultra and UltraShort ETFs as simple directional plays. As marketed by ProShares, Ultra ETFs are designed to go up when markets go up; UltraShort ETFs are designed to go up when markets go down. The SDS Fund is one of ProShares UltraShort ETFs. The SDS Fund seeks investment results that correspond twice (200%) the inverse (opposite) of the daily performance of the S&P 500 Index. Accordingly, the SDS Fund is supposed to deliver double the inverse of the return of the S&P 500 Index, which increased approximately six percent from January 1, 2009 through July 30, 2009. In other words, the SDS Fund should have declined by twelve percent during this period. However, the SDS Fund fell approximately 29 percent during this period.

What is a class action?

It's simple. A class action is a lawsuit filed by one or more plaintiffs (who are known as the "named plaintiffs") on behalf of others who have a similar legal claim. Because they allow people to join together as a group in one lawsuit against common defendants, class actions are important for consumers.

Why are class actions important?

The ability to join together in one lawsuit is particularly important for our judicial system to function efficiently. Without class actions, thousands, possibly millions of claims might theoretically flood the court system. Instead, the class action procedure encourages the filing of one single case on behalf of all people harmed, minimizing the need for thousands of individual cases. More importantly, class actions encourage more responsible behavior on the part of corporate defendants.

Why are class actions under attack?

Over the past several years, certain corporations, PAC's, and other interests have attacked class actions and the attorneys who bring them. Much of this criticism has been unfounded. Find out why citizen's groups, consumer groups and other public watchdogs are trying to safeguard your rights.

The old adage "power in numbers" holds true in class action cases. By spreading the costs of litigation, which can be substantial, among many people, each individual claim can achieve justice. Class actions, comprised of groups of consumers working together to stand up for their rights, demand the attention of corporations and other wrongdoers.