GEICO to Pay $6 Million to Settle Auto Adjusters’ Claims of Unpaid Overtime Hours July 8, 2024 By Andrew G. Simpson Insurer GEICO has agreed to pay $6 million to settle claims by auto damage claims adjusters who allege the insurer...
Progressive to Pay $48M to New York Drivers Over Underpaid Total Loss Claims July 5, 2024 By Andrew G. Simpson Progressive Insurance has agreed to a $48 million settlement with a class of 93,000 New York policyholders who claim the...
GM to Pay $145.8 Million Penalty After U.S. Finds Excess Emissions July 5, 2024 By David Shepardson General Motors will pay a $145.8 million penalty and forfeit credits worth hundreds of millions of dollars after a U.S....
Discover Agrees to Settle Class-Action Suit for Overcharging Merchants July 5, 2024 By Paige Smith Discover Financial Services, the credit-card firm that agreed to be acquired by Capital One Financial Corp., said it reached an...
Walmart Must Face Lawsuit Over Deceptive Pricing in Stores July 5, 2024 By Jonathan Stempel Walmart must face a lawsuit claiming it often charges higher prices at the register than it posts on store shelves,...
Jury Awards $68.5M to Family of Worker Who Fell to Death at Philly Construction Site July 3, 2024 By Andrew G. Simpson A Philadelphia jury has awarded $68.5 million in damages to the widow and son of a 38-year-old construction worker who...
Justice Department to Charge Boeing, Seeks Guilty Plea From Planemaker July 1, 2024 By Allyson Versprille and Chris Strohm The US Justice Department will charge Boeing Co. with criminal fraud, leaving the planemaker to choose between pleading guilty or...
Citi Seeks Dismissal of Ex-Compliance Worker’s Retaliation Suit July 1, 2024 By Sabrina Willmer Citigroup Inc. asked a court to dismiss a lawsuit by a former senior data compliance official who accused it of...
Supreme Court Ends OxyContin Settlement, Cracking Sackler Shield June 28, 2024 By Jonathan Randles and Greg Stohr The US Supreme Court tossed Purdue Pharma LP’s $6 billion opioid settlement, nixing a deal that would have funded opioid...
Big Banks to Pay $46 Million to Settle Swaps Collusion Case June 28, 2024 By Sabrina Willmer Ten major US and European banks, including Goldman Sachs Group Inc., JPMorgan Chase & Co. and BNP Paribas SA, plan...