Microsoft in $22M Deal to Settle Cloud Complaint, Ward off Regulators July 11, 2024 By Foo Yun Chee Microsoft has clinched a 20-million-euro ($21.7 million) deal to settle an antitrust complaint about its cloud computing licensing practices, averting...
Vitol, SK Settle California Fuel Rigging Probe for $50 Million July 11, 2024 By Archie Hunter California’s attorney general said it reached a $50 million settlement with commodity traders Vitol and SK Energy Americas Inc. after...
Progressive Settles New York Case Over Unpaid Sales Taxes on Total Loss Claims July 10, 2024 By Andrew G. Simpson At the same time it is settling a New York class action about underpaying totaled loss claims for $48 million,...
Purdue Pharma Secures Litigation Ceasefire After Supreme Court Ruling July 10, 2024 By Dietrich Knauth Purdue Pharma on Tuesday received U.S. court approval for a 60-day freeze on lawsuits against its owners, members of the...
The Battle Over J&J’s Bankruptcy Plan to End Talc Lawsuits July 8, 2024 By Mike Spector Eron Evans died in 2016 at 41 of ovarian cancer, leaving behind two daughters. Her grieving mother, Darlene, blames Johnson...
Boeing to Plead Guilty to Fraud for Violating Deal Over 737 Max Crashes July 8, 2024 By Chris Strohm, Julie Johnsson and Allyson Versprille Boeing Co. agreed to plead guilty to criminal conspiracy to defraud the US after the Justice Department concluded the planemaker...
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...
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...
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...