Past settlements

Grand Canyon Education Securities Litigation

Grand Canyon Education and executives Brian E. Mueller and Daniel E. Bachus allegedly made false and misleading statements during 2018-2020 regarding the company's 2018 sale of Grand Canyon University to an Arizona nonprofit corporation, violating federal securities laws. The defendants deny all wrongdoing but agreed to settle to eliminate litigation costs and uncertainty.

Harris et al. v. Startek USA, Inc. Settlement

Startek USA, Inc. allegedly violated wage and hour laws affecting its hourly customer service representatives. The company has agreed to settle these claims without admitting wrongdoing.

Kawulok v JMA Energy Company Gas Royalty Settlement

JMA Energy Company allegedly underpaid royalties on gas and gas constituents from Oklahoma oil and gas wells it operated between January 1, 2015 and May 31, 2025. The defendant denies all wrongdoing but has agreed to settle to avoid the costs and uncertainty of continued litigation.

Johns Hopkins University Spring 2020 Settlement

Johns Hopkins University transitioned to remote learning in March 2020 in response to COVID-19, stopping in-person educational services and campus access. A student sued claiming the university breached its contract by not providing the in-person services students paid for. Johns Hopkins denies wrongdoing but agreed to settle to avoid litigation expenses.

Paid Proportionate share of the Settlement Fund depending upon how much in tuition and fees paid for Spring 2020 in-person educational services

Fast Acquisition Corp. Stockholders Litigation Settlement

Directors of Fast Acquisition Corp. allegedly breached their fiduciary duty by not ensuring that remaining assets from a $12.5 million termination fee, after taxes and expenses, were distributed to Class A common stockholders. Plaintiffs alleged that without this lawsuit, the remainder of the termination fee would have been distributed only to Class B Founder Share holders and FAST's directors, excluding Class A stockholders entirely.

Energy Transfer Securities Litigation Settlement

Investors alleged that Energy Transfer LP and four individual defendants violated federal securities laws by making false and misleading statements during 2017-2019 regarding Energy Transfer's construction of pipeline projects in Pennsylvania. The defendants agreed to pay $15 million to settle these claims without admitting wrongdoing.

Conduent Inc. Securities Litigation Settlement

Conduent Inc. allegedly made materially false and misleading statements about the status and condition of its legacy IT systems and infrastructure, and whether its IT infrastructure had been properly inventoried or mapped. These false statements allegedly caused the company's stock price to be artificially inflated, and the price declined when the truth was revealed. The defendants deny no wrongdoing is not stated, but the company agreed to settle for $32 million.

Kernen-Citizen II Settlement

Citizen Energy II, LLC and Citizen Energy III, LLC allegedly failed to pay statutory interest on late royalty and overriding royalty payments from Oklahoma oil and gas wells as required by the Production Revenue Standards Act. The defendants deny all liability and claim that no damages are owed.

Blevins v Continental Resources Oil and Gas Settlement

Continental Resources, Inc. allegedly failed to pay statutory interest on late oil-and-gas proceeds payments to royalty and working interest owners under Oklahoma law. Continental denied all allegations but agreed to the settlement to avoid the costs and burden of continued litigation.

Cline v. Sunoco Oil & Gas PRSA Settlement

Sunoco and other defendants allegedly violated the Oklahoma Production Revenue Standards Act by failing to pay statutory interest on late oil and gas production payments to owners. The defendants were required to pay 6-12 percent interest on untimely payments but allegedly only did so when owners demanded it. Defendants deny any wrongdoing.

Response Marketing Real Estate Training Refunds

Response Marketing used celebrity endorsements and false promises about earning large profits by "flipping" houses to deceive consumers into purchasing bogus real estate investment training programs. The FTC and Utah Division of Consumer Protection sued the company, which settled the case.

Paid Second distribution totaling more than $8.3 million to 3,955 people who accepted their first payment or filed a valid claim before the deadline; first distribution in March 2024 resulted in more than $8.2 million in refunds

FMO Stockholders Litigation Settlement

Defendants Guggenheim Funds Investment Advisors, LLC and various officers were alleged to have breached their fiduciary duties by causing the Fiduciary/Claymore Energy Infrastructure Fund (FMO) to over-leverage its assets and choosing a merger with Kayne Anderson Energy Infrastructure Fund instead of liquidation to avoid personal liability related to tax expenses. The defendants deny wrongdoing but agreed to settle for $18,800,000.

Bumble Securities Litigation Settlement

Investors sued Bumble for making materially false and misleading statements and omissions concerning the company's business and financial performance in its stock offering documents. Bumble has agreed to settle for $18 million without admitting wrongdoing. The court has approved the settlement and distributions of funds have begun.

Alta Mesa Securities Litigation

Class plaintiffs alleged securities fraud against defendants related to Alta Mesa Resources Inc. and the Business Combination with Kingfisher Midstream. The defendants have agreed to settle all claims for $126.3 million in cash. The defendants do not admit wrongdoing.

Genworth COI Life Insurance Settlement

Genworth Life & Annuity Insurance Company announced COI (cost of insurance) rate increases starting in September 2019 for certain Gold and Gold II universal life insurance policy owners. Plaintiffs alleged these rate increases violated the terms of the insurance contracts. Genworth denies the claims but agreed to settle to avoid the costs and delays of continued litigation.

Johnson Air Force Settlement

The Air Force allegedly discharged thousands of service members with Other Than Honorable or General service characterizations since 2001 due to post-traumatic stress disorder, traumatic brain injury, military sexual trauma, or other behavioral health conditions. Additionally, the Air Force allegedly systematically denied discharge status upgrades to veterans with these conditions. The Air Force denies these allegations but has agreed to settle.

Aurora Cannabis Inc. Securities Litigation

Aurora Cannabis Inc. and executives Terry Booth and Allan Cleiren allegedly violated federal securities laws by making material misrepresentations about the company's business and prospects. The defendants deny all claims and allegations of wrongdoing. The settlement resolves the litigation without the court deciding in favor of either side.

HPE Equal Pay Settlement

Female employees of Hewlett Packard Enterprise Company in California alleged the company engaged in unequal pay practices in violation of the Equal Pay Act and related employment laws. Defendant denies the allegations and claims it fully complied with applicable laws.

Wynn Resorts Securities Litigation Settlement

Wynn Resorts investors alleged that company defendants violated federal securities laws by concealing allegations of sexual misconduct against Stephen Wynn through material misrepresentations and omissions. The defendants deny all allegations of wrongdoing. They agreed to settle for $70 million.

DDL-Tapstone Oil & Gas Settlement

Tapstone Energy, LLC allegedly failed to pay statutory interest on payments made for oil and gas production proceeds from Oklahoma wells within the time periods required by the Production Revenue Standards Act. The defendant denies liability and states that no damages are owed to class members.

Flying Eagle Stockholders Litigation Settlement

Plaintiffs filed a stockholder class action against Eagle Equity Partners II, LLC and related defendants regarding the merger involving Flying Eagle. The defendants agreed to settle the action for $10,000,000 in cash, resolving all claims without admitting wrongdoing.

Sagacity v. Mach III Settlement

The defendant allegedly underpaid royalties on gas and gas constituents from Oklahoma oil and gas wells operated by BCE-Mach III LLC between January 1, 2020 and February 14, 2025. The defendant denied all wrongdoing but agreed to the $10 million settlement to avoid litigation costs and uncertainty.

Liang v. State of Washington DSHS IP Wage Settlement

Individual Providers (IPs) who provided personal care services to clients claim they were denied full compensation for hours worked because the Washington Department of Social & Health Services applied "shared benefit" rules that reduced their paid care hours. The settlement resolves this lawsuit without the defendants admitting wrongdoing and provides compensation to affected IPs.

Citrix Systems Merger Settlement

Investors alleged that Citrix Systems and individual defendants made false and misleading statements regarding the company in violation of federal securities laws. The defendants deny all allegations of wrongdoing. Citrix agreed to settle the case for $17.5 million.

Mohawk Industries Securities Litigation

Mohawk Industries and CEO Jeffrey S. Lorberbaum allegedly made false and misleading statements about the company's product quality, sales, and revenues during April 28, 2017 through July 25, 2019. The defendants have denied all allegations. They agreed to settle for $60 million without admitting wrongdoing.

SEC v. Palm House Hotel LLLP - Distribution Fund

From November 2012 to March 2015, the defendants defrauded 88 foreign investors in the EB-5 Immigrant Investor Program out of approximately $44 million by misrepresenting that investor funds would be loaned to acquire and operate the Palm House Hotel in Florida. Instead, the defendants misappropriated a significant portion of the investor funds.

Paid Distribution amounts will be calculated based on SEC investigative records; no claim form required

Innovative Heights Fairview Heights BIPA Settlement

Innovative Heights Fairview Heights, LLC operated a trampoline park that collected employee fingerprints using scanners for clocking in and out of work and accessing computer systems. The plaintiff alleges this violated the Illinois Biometric Information Privacy Act (BIPA). Innovative Heights denies any violation and the court did not decide whether a violation occurred.

Paid Remaining amount after deductions for litigation costs, Settlement Administrator's costs, Service Award to Class Representative, and up to one-third for attorney fees shall be distributed equally to Settlement Class Members

Common Ground Healthcare Cost-Sharing Reductions Class Action

The United States is paying to settle a cost-sharing reduction litigation involving healthcare cooperatives. The lawsuit concerns cost-sharing reduction payments related to the 2017, 2018, and 2019 plan years.

Playstudios Securities Litigation Settlement

Defendants allegedly violated federal securities laws by making misrepresentations or omissions about a SPAC merger and a game being developed by Playstudios. Plaintiffs claim known problems with the game existed at the merger but were not disclosed, and that misstatements artificially inflated the share price. Defendants deny all allegations of wrongdoing.

WA Tenant Screening Settlement

Guenther Management, a property management company in Washington, allegedly charged tenants screening fees without first providing required legal disclosures when they applied to rent properties. Defendant denies any wrongdoing and claims it followed all state and federal laws.

Six Flags Securities Litigation

Six Flags Entertainment Corporation and its former executives allegedly violated federal securities laws by making false and misleading statements to investors about the development of Six Flags-branded theme parks in China. The defendants have agreed to pay $40 million to settle the claims without admitting wrongdoing.

Clover Health Securities Litigation Settlement

Clover Health and individual defendants allegedly made false and misleading statements about legal violations, regulatory investigations, sources of growth, use of proprietary software, GAAP compliance, and SEC Regulation S-K compliance. The defendants have agreed to settle these federal securities law claims for $22 million.

Kraft Heinz Securities Litigation Settlement

Investors in Kraft Heinz alleged that Kraft Heinz and its executives made materially false or misleading statements about the company's cost-cutting measures, brand investment, Canadian retail business, financial performance, and goodwill impairment testing. The stock price was allegedly artificially inflated as a result and declined when the truth was revealed. Defendants deny all wrongdoing.

GSX Securities Settlement

GSX Techedu, Inc. and individual defendants allegedly violated the Securities Exchange Act of 1934 by making misrepresentations and omissions of material fact regarding GSX's enrollments and revenues in public statements to investors, causing GSX securities prices to become artificially inflated before dropping after subsequent disclosures. The defendants denied all allegations, but agreed to settle for $9.5 million.

AXA Equitable COI Settlement

AXA Equitable Life Insurance Company allegedly breached its contracts with Athena Universal Life II policyholders by implementing a cost of insurance rate increase announced in October 2015 and by concealing plans for this increase in policy illustrations since at least 2006. AXA Equitable denies wrongdoing.

R1 RCM Inc. Stockholders Litigation Settlement

R1 RCM Inc. was involved in a stockholder class and derivative action. The company and defendants agreed to settle the action for $45,400,000 in cash and certain amendments to investor rights agreements.

Cabot Oil & Gas Corporation Securities Litigation

Cabot Oil & Gas Corporation and individual defendants allegedly violated federal securities laws by making false statements and omitting material facts between February 2016 and June 2020, which artificially inflated the price of Cabot common stock. Defendants deny all wrongdoing. The parties agreed to settle the litigation for $40 million in cash.

Fluor Securities Settlement

Defendants allegedly made misrepresentations and omissions of material fact in public statements regarding bidding, construction, accounting treatment, and financial reporting of large fixed-price projects, violating the Securities Exchange Act of 1934. Defendants deny all allegations of wrongdoing.

Land O'Lakes ERISA Settlement

Plaintiffs alleged that Land O'Lakes breached fiduciary duties under ERISA by failing to reduce the company's retirement plan expenses and failing to properly scrutinize investment options for prudence. The defendant denies all claims and liability. The company has agreed to pay $1.8 million to settle the case.

Stericycle Securities Litigation Settlement

Stericycle, Inc. allegedly violated federal securities laws by making false and misleading statements regarding the company's business. The settlement resolves claims that the defendants deceived investors about Stericycle's operations.

Zwicky Assessment Settlement

Plaintiffs alleged that Diamond Resorts International, Inc., Diamond Resorts Management, Inc., Troy Magdos, and Kathy Wheeler misrepresented how much owners would have to pay in annual assessments for timeshare interests in the Premiere Vacation Collection Owners Association. The defendants denied all allegations. The parties agreed to settle to avoid the cost, risk, and delay of litigation, with defendants continuing to maintain they did nothing wrong.

Paid Payment amount depends on the number of Points owned in the Association during the Class Period and how many Class Members elected to be excluded from the Class.

Ameritrade Merger Litigation Settlement

The Toronto-Dominion Bank, The Charles Schwab Corporation, and individual defendants settled a class action lawsuit alleging that the October 6, 2020 merger between CSC and TD Ameritrade violated Delaware law and fiduciary duties. The plaintiff alleged the merger process was unfair and that TD Bank, as a controlling stockholder, improperly conditioned its support by negotiating a separate beneficial agreement outside the merger process.

Vi-Jon ESOP Settlement

GreatBanc Trust Company, as a fiduciary to the Vi-Jon Employee Stock Ownership Plan, allegedly caused the Plan to engage in a transaction prohibited by the Employee Retirement Income Security Act (ERISA). The lawsuit alleged that the Defendants engaged in improper conduct affecting the Plan. A partial settlement has been reached with John G. Brunner, the John G. Brunner Revocable Trust, and 12 affiliated family trusts, who deny all claims.

OPKO Health Securities Litigation

The Lead Plaintiff brought a securities class action against OPKO Health, Inc. The parties settled the action for $16,500,000 in cash. The Court approved the settlement on April 28-29, 2021.

Novo Nordisk Securities Litigation Settlement

Novo Nordisk and three individual defendants allegedly violated federal securities laws by making false and misleading statements concerning Novo Nordisk's business and financial results during the class period. The defendants deny all allegations and maintain they have valid defenses.

Mindbody Merger Litigation Settlement

Defendants Eric Liaw and the IVP Entities, along with other defendants, are accused of breaching fiduciary duties in connection with the merger of Mindbody, Inc. with affiliates of Vista Equity Partners on February 15, 2019, and causing Mindbody to issue a false and misleading proxy statement. The settling defendants have agreed to pay $27 million to resolve claims against them.

Abrishamcar v Oracle America, Inc. Labor Code Settlement

Oracle America, Inc. was involved in a Labor Code case that resulted in civil penalties being recovered. The defendant has agreed to settle and distribute these civil penalties to eligible class members.

Amneal Pharmaceuticals Securities Settlement

Amneal Pharmaceuticals and certain officers and directors allegedly made false and misleading statements in registration statements and prospectus for Amneal common stock issued in connection with the business combination of Amneal Pharmaceuticals and Impax Laboratories. The defendants have settled the securities class action without admitting wrongdoing.

FinServ Acquisition Corp. SPAC Litigation Settlement

FinServ Acquisition Corp. was involved in a de-SPAC transaction that closed on June 9, 2021. Stockholders brought a class action lawsuit against certain company officers and directors. The defendants agreed to settle the claims by paying $9,500,000 in total settlement value.

Guarino v. Radius Financial Group Data Breach Settlement

Radius Financial Group suffered a cybersecurity incident discovered in July 2021 that potentially compromised personally identifiable information of current and former clients, including full names and Social Security numbers. The company is settling the class action lawsuit and has implemented data-security enhancements to its computer systems.

T-Mobile Data Breach Settlement

T-Mobile US, Inc. and T-Mobile USA, Inc. experienced a data breach announced on August 16, 2021, in which customer information was compromised. The company has agreed to settle the class action lawsuit, with final approval granted on June 29, 2023.

Boston Scientific Securities Litigation

Boston Scientific Corporation and certain executives allegedly violated federal securities laws by making false and misleading statements regarding Boston Scientific's Lotus Edge medical device. The company has settled the claims for $38.5 million cash without admitting wrongdoing.

Archon Corporation Preferred Stock Settlement

Archon Corporation shareholders held exchangeable redeemable preferred stock that is the subject of this lawsuit. The two sides disagreed on whether investors could have won and how much they could have recovered. Both parties concluded the settlement was advantageous considering the risks and uncertainties of continued litigation.

Paid Amount per share is unknown and depends on how many of the approximately 1.4 million shares file valid claims.

Marical v. BECU Settlement

BECU allegedly violated Washington law by charging overdraft and NSF (non-sufficient funds) fees when customers had sufficient ledger balance to cover transactions, and by charging multiple NSF fees on the same transaction. BECU has agreed to a $6 million settlement without admitting wrongdoing.

FibroGen Securities Litigation Settlement

FibroGen and its executives allegedly misrepresented the safety profile and Phase III trial results of its anti-anemia drug Roxadustat, which the company had submitted for FDA approval in December 2019. Investors claim FibroGen's stock price was artificially inflated due to these false statements and declined when the truth was revealed. Defendants deny all wrongdoing.

Katapult Securities Litigation Settlement

Defendants allegedly violated federal securities laws by making materially false and misleading statements about Katapult's financial prospects, causing the stock price to be artificially inflated. FinServ Acquisition Corp. also allegedly failed to disclose critical information in its proxy statement related to the business combination with Katapult. The defendants have settled all claims without admitting wrongdoing.

Lordstown Motors Corp. Stockholders Litigation Settlement

Co-Lead Plaintiffs brought a stockholder class action against Lordstown Motors directors alleging securities violations in connection with the merger of DiamondPeak with Lordstown EV Corporation. The defendants agreed to settle for $15.5 million in cash without admitting wrongdoing.

Brady Martz Data Settlement

Brady Martz experienced a data security incident that led to litigation over how the incident was handled and consumer data protection.

Payless Car Rental GSO/RSP Charges Settlement

Avis Budget Group and Payless Car Rental charged customers Gas Service Option (GSO) and Roadside Protection (RSP) fees in connection with vehicle rentals. The settlement resolves a class action lawsuit about these charges and provides reimbursement to affected customers. The defendants do not admit wrongdoing.