On Friday, May 7, a jury in Hale County returned a verdict against Whirlpool Financial National Bank, now known as Transamerica Bank, in the amount of $580,975,000. The verdict was awarded to Barbara Carlisle and George and Velma Merriweather.

A state record $581 million lawsuit verdict will almost certainly be slashed on appeal, but plaintiff attorney Tom Methvin’s firm will eventually get a sizable chunch of change.

GREENSBORO - Standing under a shade tree in front of his small hime in rural Hale County on Tuesday, George Merriweather, 80, was unimpressed by all the attention.

Whirlpool Corp. was ordered to pay $581 million. Nearly all of it in punitive damages, after an Alabama state court jury found that two borrowers were misled and over charged on loans to buy satellite TV dishes.

Benton Harbor, Mich., May 10 (Bloomberg News)- The Whirlpool Corporation, the largest United States appliance maker, was ordered to pay $581 million by an Alabama jury that said three people who bought satellite television dishes were mislead over a credit agreement with the company’s former finance unit.

In February 1995, a telemarketer from Gulf Coast Electronics contacted Barbara Carlisle and offered here an 18 inch RCA satellite dish with no down payment and installation costs built into the monthly fee. The telemarketer allegedly told Carlisle her payments would be $34 per month for three years.…

Whirlpool paid $580 million in punitive damages making it if not the biggest settlement in US history, one of the biggest. The story is indicative of Whirlpool's corrupt culture and why a whistleblower like Pinkney can't be tolerated.

The final payments of a $12.5 million settlement of a lawsuit against Mutual of New York (MONY) were delivered to a number of policyholders this week, the plaintiffs’ attorney said Monday.

Residents of seven Alabama counties will receive money from a $12.5 million settlement with Mutual of New York over so-called vanishing premium prices.