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971 closed settlements · page 17 of 17
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.
47 states alleged that Meta deliberately designed Facebook and Instagram to be addictive to hook young users, prioritizing engagement and revenue over children's mental health and privacy. Meta also allegedly violated the Children's Online Privacy Protection Act (COPPA) by collecting and using personal data from users under 13 without parental notification or consent, and using the data to train machine learning and generative AI models. Meta denied the claims.
Paid $17.1 billion paid out to participating states and territories annually over a decade, based on their populations
Wells Fargo opened unauthorized accounts and submitted unauthorized applications for customers using illegal, fraudulent, and deceptive tactics to boost sales of banking and financial products. The bank also charged fees on these unauthorized accounts.
GSX Techedu and individuals Larry Xiangdong Chen and Nan Shen allegedly violated the Securities Exchange Act of 1934 by making misrepresentations and omissions about GSX's enrollments and revenues in public statements to investors, causing artificially inflated stock prices that fell when the truth was disclosed. The defendants deny all wrongdoing, and the court did not make a final determination, but both sides agreed to settle.
Energy Transfer LP and its executives allegedly made false and misleading statements during the class period regarding Energy Transfer's construction of pipeline projects in Pennsylvania, violating federal securities laws. The company has settled these claims without admitting wrongdoing.
Six Flags Entertainment Corporation and its former executives James Reid-Anderson and Marshall Barber allegedly violated federal securities laws by making false and misleading statements to investors concerning the development of several Six Flags-branded theme parks in China. The defendants have agreed to pay $40 million to settle these claims, with the Court approving the settlement on January 28, 2025.
Meta reached a settlement over social media harms to children. The page indicates this is a government enforcement settlement regarding child safety issues on Meta's platforms, with Meta paying approximately $16.68 billion (references cite both "$16.68 billion" and "nearly $17 billion").
Mindbody was acquired by affiliates of Vista Equity Partners Management, LLC on February 15, 2019. Stockholders alleged that defendants Eric Liaw and Richard Stollmeyer breached their fiduciary duties in approving the merger and by causing Mindbody to issue false and misleading proxy statements. The settling defendants (Liaw and the IVP Entities) have agreed to pay $27 million to resolve claims against them.
This is a stockholder class action settlement arising from the merger of DiamondPeak Holdings Corp. with Lordstown EV Corporation (formerly Lordstown Motors Corp.). The defendants, who were directors and officers, settled the litigation for $15.5 million in cash without admitting wrongdoing.
Meta was sued by 29 states for allegedly designing its Facebook and Instagram platforms to addict young users. The company agreed to pay $18 billion to 47 states plus a separate $1 billion to Texas, and to implement usage limits and block teens from using its apps at night.
Paid Up to $18 billion to 47 states, the District of Columbia, and US territories, plus a separate $1 billion settlement with Texas
Meta settled a child-safety lawsuit brought by 29 states over allegations that the company failed to protect young users. Internal documents showed Meta officials knew that Instagram harmed teen girls but chose not to disclose this information. The settlement includes design and policy changes to restrict addictive features like infinite scroll, autoplay, filters, and likes for minors, and requires Meta to authenticate user age.