State Farm Avoids Racketeering Trial With $250M Settlement

(All images, information, and text courtesy of claimsjournal.com. Copyright 2018. All Rights Reserved)

 

State Farm agreed to pay $250 million on the brink of a trial to customers who claimed the company tried to rig the Illinois justice system to wipe out a $1 billion jury verdict from 19 years ago.

The customers were seeking as much as $8.5 billion in damages in a civil racketeering trial that was set to start Tuesday in federal court in East St. Louis, Illinois. A judge granted preliminary approval to the accord and set a final fairness hearing for December.

 

Continuing reading the rest of the article at the source: 

https://www.claimsjournal.com/news/midwest/2018/09/05/286586.htm

Please reload

Featured Posts

Rhode Island shop owner wins millions in lawsuit against Amica, Metropolitan

June 12, 2012

1/1
Please reload

Recent Posts
Please reload

Archive
Please reload

Search By Tags