In another development on Monday, lawyers in Germany representing 110 Greek bond holders said they had formed a class action group to sue banks and the Greek state following the bond swap.
Class Action Suits: Walmart v. Dukes (2011) 5-4: The Court ruled that the 1.5 million women who sued Wal-Mart alleging that they faced gender discrimination could not sue as a class action group because they could not prove that they all faced the exact same type of discrimination.
The judge in the case will determine whether Mr. Peterson's claims can be applied generally to other members of the class-action group.
In the first, which settles a class action suit filed in Federal District Court in Virginia, members of a class-action group will be awarded $80.5 million plus 550,000 MicroStrategy shares that the company says are worth $16.5 million.
A terrible decision: The U.S. Supreme Court's sharply divided decision in Wal-Mart v. Dukes prevented the courageous women of Wal-Mart from taking on America's largest private employer as a nationwide class-action group, leaving each employee to file her claim individually or in smaller, reformulated classes.
In a 2007 class action, a group of repo agents sued Renovo for allegedly misclassifying them as independent contractors rather than employees and violating overtime laws.
The Handschu Guidelines, which, in theory, regulate these operations, were developed in the 1980s as part of the settlement of a class action lawsuit by political groups that claimed that they had been spied upon and infiltrated by the NYPD.
But two years later the department settled a $7m class action lawsuit from a group of former inmates who were inappropriately strip-searched by detention deputies between March 2005 and October 2007.
A class action brought by a group of American shareholders of Parmalat, a failed Italian dairy giant, is pending in New York.
On Friday, the company settled a class action lawsuit with a group of songwriters who were alleging copyright infringement.
