Class Action Spotlight (Week Ending January 27, 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.

Juul Agrees to Pay $1.2 Billion in Youth-Vaping Settlement

Juul Labs Inc. has agreed to pay $1.2 billion to resolve about 10,000 lawsuits targeting the e-cigarette maker as a major cause of a US youth-vaping epidemic, according to people familiar with the matter. (Read full article)

Dan Haar: The huge pharma settlement in CT that’s quietly making history

The sweeping claims by 45 states and the U.S. Department of Justice into an alleged, massive price-fixing scheme by generic drug-makers, launched by the Connecticut Attorney General’s office in 2014, have gained wide notice but will likely drag on for years. (Read full article)

Wells Fargo to pay $3.7 billion settlement over latest allegations of “illegal activity”

Federal regulators ordered Wells Fargo to pay $3.7 billion in fines and refunds to customers, marking the largest fine to date against the nation’s third largest bank. The fines come after the Consumer Financial Protection Bureau (CFPB) alleged Wells Fargo has illegally assessed fees and interest charges on auto loans and mortgages, wrongly repossessed customers’ cars and misapplied payments to auto and mortgage loans. (Read full article)

Fortnite FTC settlement claim results in $520 million fine. Here’s how to get your refund

Play Fortnite? You could earn more than just V-Bucks. The Federal Trade Commission said Monday it settled claims with Fortnite maker Epic Games over children’s privacy and payment systems tricking players into making unintended purchases. Epic will pay $520 million to settle the case, including $245 million in customer refunds, the FTC said. (Read full article)

Have a MacBook? You May Be Owed Up to $395 As Part of a $50M Class-Action Settlement

If you purchased an Apple MacBook laptop equipped with a certain kind of keyboard between the years of 2015 and 2019, you may be eligible for a payment of up to $395 as part of a nationwide class-action settlement. (Read full article)

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