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Posts Tagged ‘class action suit’

Some Colorado residents could benefit from Allstate settlement

by Monica Mendoza Published: December 12,2011

Tags: Allstate Workplace Division, class action suit, Insurance

More than 1,400 Colorado consumers may be eligible for compensation under a class action settlement reached in Oklahoma. The suit involved Allstate Corporation and American Heritage Life Insurance Company, also known as Allstate Workplace Division. According to settlement documents, more than 226,000 consumers may be affected in all 50 states. In Colorado, the number of [...] [...]

Retailers receive early holiday gift from Visa, MasterCard (access required)

by Amy Gillentine Published: December 7,2009

Tags: class action suit, debit cards, Mastercard, National Retail Federation, Visa

More than half a million retailers will get an early holiday gift this year. Checks totaling more than $1 billion will be mailed to more than 635,000 retailers as part of a federal judge’s approval of an early payout of money remaining from a 2003 settlement of a class action suit against Visa and MasterCard’s [...] [...]

Wells Fargo Bank sued for fraud (access required)

by Staff Writer Published: August 19,2009

Tags: class action suit, HELOC, Wells Fargo

A class action lawsuit filed today accuses Wells Fargo of fraud, claiming the bank froze millions of dollars in home equity loans by falsely claiming that its customers’ home property values had declined significantly. The suit, which was filed in the Northern District of Illinois, alleges that Wells Fargo unlawfully failed to accurately assess the value of [...] [...]

State Supreme Court decides in favor of business in ‘fraud on market’ suit (access required)

by Amy Gillentine Published: May 5,2009

Tags: class action suit, Farmers Insurance v. Benzing, Supreme court

The Colorado Supreme Court this week overturned a lower court’s decision that would have made it easier to file class-action suits against businesses. The suit, Farmers Insurance Exchange v. Benzing, concerned a class action suit for “fraud on the market” under the Consumer Protection Act alleging that Farmers did not notify customers that purchasing uninsured [...] [...]

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