Class Action Spotlight (Week Ending February 24, 2023)

Financial Recovery Strategies keeps up to date on the latest in class action developments.  Here is a recap of some of the latest key developments.

‘All-natural’ Simply Tropical juice has high toxic PFAS levels, lawsuit alleges

A new class-action lawsuit in the US alleges Coca-Cola and Simply Tropical fruit juice deceived customers with claims of an all-natural, healthy product when the juice has been found to be contaminated with toxic PFAS at levels “hundreds of times” above federal advisory limits for drinking water. (Read full article)

Wells Fargo agrees to pay $300M to settle shareholder lawsuit over auto insurance disclosures

Wells Fargo has come to a $300 million settlement with shareholders who claim in a class action lawsuit that the bank forced unneeded insurance policies on thousands of customers and concealed the practice from investors who lost money after the problem became public. (Read full article)

Electromed Proposes $825,000 Class Action Data Breach Settlement

The medical device manufacturer Electromed has proposed an $850,000 settlement to resolve claims related to a June 2021 ransomware attack and data breach involving the protected health information of 47,200 individuals. (Read full article)

Nearly $4 billion class-action against Facebook parent Meta halted in UK

A class-action lawsuit in the U.K. seeking $3.7 billion from Facebook parent company Meta Platforms was rejected by a British tribunal on Monday, but the social media giant may not be totally out of the dark, yet. (Read full article)

Broiler Chicken Lawsuit Opt Out Is April 4

An ongoing class action lawsuit alleges that major poultry producers artificially raised the price of broiler chickens, “in various ways, including via coordinated supply restrictions, sharing competitively sensitive price and production information, and otherwise manipulating Broiler prices, with the intent and expected result of increasing prices of Broilers in the United States, in violation of federal antitrust laws.” (Read full article)

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