Tuesday, June 04, 2002

Class action lawsuit filed against Energy Co's (West Coast); perfect storm? From Hypocrites.com: The proposed lawsuit seeks repayment of hundreds of millions of dollars spent by 21 Washington public utility districts. The PUDs supposedly paid sky-high power costs as a result of market manipulation, said Steve Berman, a managing partner with the law firm Hagens Berman.   One of the first big steps in the lawsuit will be getting class-action status from the California court, said Seattle lawyer Berman, lead attorney. A single Snohomish County ratepayer, Donna G. Hansen, now is named as the only plaintiff. [Story Link] 1:52:37 PM

Hip Implant Class and Sulzer Settle Case for $1 Billion From Law.com: "On Friday, Sulzer Orthopedics Inc., the company that was mired in national litigation over thousands of recalled hip and knee implants, approved a $1 billion settlement. In the upcoming months, U.S. District Judge Kathleen O'Malley in Cleveland will decide which plaintiffs' lawyers will share in the $50 million fee award for those who played a big role in the settlement." 7:56:58 AM

© Copyright 2002 Ernest Svenson.