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States Ask Court to Reject Proposed Class Action Settlement in Capital One Case
PYMNTS.com· 2025-09-24 23:11
Core Viewpoint - Eighteen state attorneys general are opposing a proposed class action settlement against Capital One, arguing it would inadequately compensate customers who were allegedly cheated out of interest on savings accounts [1][2][3]. Group 1: Legal Actions and Responses - The state attorneys general assert that the settlement would shortchange Capital One customers, as stated by the New York State Attorney General's office [2]. - New York Attorney General Letitia James leads a bipartisan coalition against the settlement, emphasizing the need for fair restitution for affected customers [3]. - Capital One has denied the allegations and claims that the settlement is reasonable to avoid the uncertainties of prolonged litigation [4]. Group 2: Settlement Details - The proposed settlement, announced on May 16, involves accusations that Capital One misled customers regarding interest rates on its 360 Savings accounts compared to its 360 Performance Savings accounts [5]. - Capital One is set to pay $300 million to 360 Savings depositors for lost interest and an additional $125 million in interest to current 360 Savings account holders [6]. Group 3: Related Legal Proceedings - New York filed a separate lawsuit against Capital One shortly before the proposed settlement, aiming to ensure accountability after the U.S. Consumer Financial Protection Bureau dropped a similar case [7].
If you purchased the publicly traded common stock of Ryvyl Inc. (NASDAQ: RVYL) and/or Greenbox POS (NASDAQ: GBOX) between May 13, 2021, and January 20, 2023, you may be eligible to participate in a proposed class action settlement.
Prnewswire· 2025-09-22 13:17
Core Points - The proposed settlement in the Ryvyl Securities Litigation involves a cash payment of $300 million and 700,000 shares of Ryvyl common stock, aimed at resolving all claims in the action [5][6] - A class action has been certified for all individuals and entities that purchased Ryvyl Inc. or Greenbox POS stock between May 13, 2021, and January 20, 2023 [3][4] - A fairness hearing is scheduled for December 19, 2025, to determine the approval of the settlement and other related matters [6] Settlement Details - The settlement amount includes $300 million in cash and 700,000 shares of Ryvyl common stock, pending court approval [5] - The proposed settlement aims to resolve all claims against Ryvyl Inc. and its executives [5] - The hearing will assess the fairness and adequacy of the proposed settlement and the allocation plan [6] Class Action Information - The class action includes all individuals who purchased shares of Ryvyl Inc. or Greenbox POS during the specified period [3][4] - Members of the settlement class must submit a Claim Form by December 27, 2025, to be eligible for a share of the settlement [7] - Exclusion requests from the settlement class must be submitted by November 28, 2025 [8]
The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Compass Minerals International Inc. Securities - CMP
GlobeNewswire News Room· 2025-08-24 12:00
Core Points - The United States District Court for the District of Kansas has approved a proposed class action settlement for purchasers of Compass Minerals International Inc. securities [1][2] - The settlement amount is set at $4,900,000, and a hearing is scheduled for November 18, 2025, to determine the fairness and adequacy of the settlement [4][5] - The settlement affects individuals who purchased Compass Minerals securities from February 8, 2023, through March 26, 2024 [4][5] Settlement Details - The proposed settlement includes a plan for distributing the settlement proceeds, which will be evaluated for fairness [4] - Lead Counsel has applied for an award of attorneys' fees of up to one-third of the settlement amount, plus interest, and reimbursement of expenses not exceeding $55,000 [4] - A service payment of no more than $17,500 is proposed for the plaintiffs [4] Participation and Exclusion - Individuals wishing to participate in the settlement must submit a Claim Form by October 7, 2025 [5][6] - Those who wish to be excluded from the settlement class must submit a request for exclusion by the same date [6] - Members of the settlement class who do not request exclusion will be bound by the judgment entered in the action [6] Objections - Any objections to the settlement or the plan of allocation must be submitted by October 21, 2025 [7] - The detailed process for objections is outlined in the Notice provided to class members [7]
Tivity Health, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. October 20, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-07-25 22:04
Group 1 - The Portnoy Law Firm is advising Tivity Health, Inc. investors about a class action for those who purchased securities between March 8, 2019, and February 19, 2020 [1] - A proposed settlement of $17.05 million has been announced, which is intended to compensate affected investors [2][5] - A preliminary approval for the class action settlement has been granted by the United States District Court for the Middle District of Tennessee, with a hearing scheduled for November 12, 2025 [3] Group 2 - The Portnoy Law Firm offers complimentary case evaluations for investors seeking to recover losses due to corporate wrongdoing [4] - The firm has a history of recovering over $5.5 billion for aggrieved investors [4] - The proposed settlement is described as fair, reasonable, and adequate, with plans for the distribution of settlement funds and requests for attorneys' fees being considered [5]
Cohen Milstein Sellers & Toll PLLC Announces Proposed Class Action Settlement on Behalf of Purchasers of InnovAge Holding Corp. Publicly Traded Common Stock - INNV
GlobeNewswire News Room· 2025-07-21 13:00
Core Points - The United States District Court for the District of Colorado has approved a proposed class action settlement for purchasers of InnovAge Holding Corp. common stock [1] - The proposed settlement amount is $27 million in cash, which aims to resolve all claims in the action [5] Class Action Details - The class includes individuals or entities that purchased InnovAge common stock between May 11, 2021, and December 22, 2021, or in connection with the company's March 4, 2021 initial public offering [3][4] - A hearing is scheduled for November 26, 2025, to determine the fairness and adequacy of the proposed settlement and to address other related matters [6] Claims Process - Class members must submit a Claim Form by November 5, 2025, to be eligible for a payment from the settlement [8] - Members wishing to exclude themselves from the class must submit a request for exclusion by the same date [9] Objections and Inquiries - Any objections to the proposed settlement or related requests must be filed with the court by November 5, 2025 [10] - Inquiries regarding the notice or eligibility should be directed to the Claims Administrator or Lead Counsel [11]
Pomerantz LLP and The Rosen Law Firm, P.A. Announce Proposed Class Action Settlement on Behalf of Purchasers of Class A Ordinary Shares of GigaCloud Technology Inc – GCT
GlobeNewswire News Room· 2025-07-21 13:00
Core Points - The United States District Court for the Southern District of New York has approved a proposed class action settlement for purchasers of Class A ordinary shares of GigaCloud Technology Inc during the period from August 18, 2022, to May 22, 2024, amounting to $2,750,000 [1][2]. Settlement Details - The proposed settlement is intended to benefit all persons and entities who purchased or acquired Class A ordinary shares of GigaCloud during the specified Class Period and were allegedly damaged [1][2]. - A remote hearing is scheduled for October 9, 2025, to determine the fairness and adequacy of the proposed settlement, the dismissal of the action, the allocation plan for the settlement proceeds, and the approval of attorneys' fees and expenses [3]. Claim Process - Settlement Class Members must submit a Claim Form by October 6, 2025, to be eligible for a distribution from the Net Settlement Fund [6]. - Members wishing to exclude themselves from the Settlement Class must submit a written request by September 18, 2025, to avoid being bound by the court's judgments [7]. Objection Process - Any objections to the proposed settlement or related applications must be filed with the Court by September 18, 2025 [8].
Pomerantz LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Mynaric AG American Depositary Shares
GlobeNewswire News Room· 2025-06-27 13:00
Core Points - The United States District Court for the Eastern District of New York has approved a proposed class action settlement for purchasers of Mynaric AG American Depositary Shares (ADS) [1][2] - The settlement amount is $300,000, with an estimated average recovery of approximately $0.1370 per share for affected Mynaric ADS holders [2][3] Settlement Details - The settlement fund of $300,000 will be created by the Defendants and may accrue interest, to be distributed among eligible Settlement Class Members after deducting court-awarded fees and expenses [3] - A hearing is scheduled for September 16, 2025, to consider the fairness and adequacy of the settlement, the allocation plan, and the application for attorneys' fees [4] Participation and Exclusion - Settlement Class Members must submit a Claim Form by August 4, 2025, to be eligible for a distribution from the Net Settlement Fund [7] - Members wishing to exclude themselves from the Settlement Class must submit a written request by August 19, 2025 [8] Objections - Any objections to the proposed settlement or related applications must be filed with the Court by August 19, 2025 [9]
Levi & Korsinsky, LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Telephone and Data Systems, Inc. Securities (NYSE: TDS)
GlobeNewswire News Room· 2025-06-09 13:00
Core Points - The United States District Court for the Northern District of Illinois has approved a proposed class action settlement for purchasers of Telephone and Data Systems, Inc. (TDS) securities, amounting to $7,750,000 [1][2][3] - The settlement is intended for individuals and entities who acquired TDS securities between May 6, 2022, and November 3, 2022, excluding certain defendants and their affiliates [1][2] - The average recovery per share is estimated to be approximately $0.50 for TDS common stock, $0.11 for TDS Series UU preferred stock, and $0.10 for TDS Series VV preferred stock, before deductions [2][3] Settlement Details - A cash fund of $7,750,000 will be created for distribution among eligible Settlement Class Members after deducting court-awarded fees and expenses [3] - A Settlement Hearing is scheduled for September 3, 2025, to evaluate the fairness and adequacy of the settlement and the proposed plan for allocating proceeds [4] - Members of the Settlement Class must submit a Claim Form by August 27, 2025, to be eligible for a distribution from the Net Settlement Fund [6][7] Exclusion and Objection Process - Settlement Class Members wishing to exclude themselves must submit a written request by August 13, 2025, to avoid being bound by the court's judgments [7] - Any objections to the proposed settlement or related applications must also be filed by August 13, 2025 [8]
Bernstein Liebhard LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of AlloVir, Inc. Securities
GlobeNewswire News Room· 2025-06-05 12:00
Core Points - The United States District Court for the District of Massachusetts has approved a proposed class action settlement for purchasers of AlloVir, Inc. securities, amounting to $1,000,000 [2][3] Group 1: Settlement Details - The settlement benefits individuals or entities who purchased AlloVir securities from January 11, 2023, to December 21, 2023 [1] - The proposed settlement includes a hearing scheduled for July 30, 2025, to determine its fairness and adequacy [3] - Lead Counsel may request attorneys' fees of up to 33.33% of the settlement fund and reimbursement of litigation expenses up to $100,000 [3] Group 2: Claim Process - Settlement Class Members must submit a Claim Form by August 19, 2025, to be eligible for distribution from the Net Settlement Fund [6] - Instructions for submitting the Claim Form and obtaining transaction data from brokerages are available on the case website [6] - Members wishing to exclude themselves from the Settlement Class must submit a written request by July 9, 2025 [7] Group 3: Objections and Inquiries - Any objections to the proposed settlement or related motions must be filed with the Court by July 9, 2025 [8] - Inquiries regarding the settlement can be directed to Lead Counsel or the Claims Administrator [5][6]
The Rosen Law Firm, P.A. and Glancy Prongay & Murray LLP Announce Proposed Class Action Settlement on Behalf of Purchasers of American Depositary Shares of DouYu International Holdings Limited – DOYU
GlobeNewswire News Room· 2025-05-09 12:00
Core Viewpoint - The United States District Court for the District of New Jersey has approved a proposed class action settlement for purchasers of American Depositary Shares of DouYu International Holdings Limited, amounting to $2,250,000 in cash [1][3]. Group 1: Settlement Details - The proposed settlement is intended for individuals who purchased DouYu's ADSs between April 30, 2021, and November 27, 2023, and were affected by the claims [2]. - A hearing is scheduled for August 18, 2025, to determine the fairness and adequacy of the proposed settlement, as well as to address the dismissal of the action against the defendants [4]. - Members of the settlement class must submit a Claim Form by July 21, 2025, to be eligible for a share of the settlement fund [6]. Group 2: Exclusion and Objection Procedures - Settlement class members wishing to exclude themselves must submit a request for exclusion by July 28, 2025, to avoid being bound by court judgments [7]. - Any objections to the proposed settlement or related motions must be filed with the court and delivered to relevant parties by July 28, 2025 [8].