Winklevoss’s Gemini to Return $1.1B to Customers in New York Settlement February 29, 2024 By Olga Kharif Gemini Trust Co., the crypto exchange founded by twin entrepreneurs Cameron and Tyler Winklevoss, will return at least $1.1 billion...
Berkshire Utility Sells $3.8 Billion Bond to Pay Wildfire Claims February 27, 2024 By Olivia Raimonde and Josh Saul Berkshire Hathaway Energy Co.’s PacifiCorp sold $3.8 billion of US investment-grade bonds to help fund settlement claims related to wildfires...
Southern California Edison to Pay $80M to US Over 2017 Wildfire February 27, 2024 By Jonathan Stempel Southern California Edison agreed to pay the United States $80 million to cover costs and damages incurred by the U.S....
US Universities Settle Financial-Aid Antitrust Lawsuit For $166 Mln February 26, 2024 By Mike Scarcella Dartmouth, Northwestern, Rice and Vanderbilt universities have agreed to pay a combined $166 million to resolve claims that they favored...
CBI Settles Legal Action by Ex-Boss After Misconduct Scandal February 6, 2024 By Julian Harris Britain’s most prominent business group, the Confederation of British Industry, has reached a settlement with its former chief Tony Danker...
Contractor Reaches $25M Settlement in Flint, Michigan Water Crisis Suit February 6, 2024 ]A second contractor has reached a $25 million settlement over its role in Flint, Michigan’s lead-contaminated water scandal. The class-action...
GSK Settles Zantac Case Weeks Before Trial Was Set to Begin February 1, 2024 By Deirdre Hipwell and Ashleigh Furlong GSK Plc has settled a US lawsuit on heartburn medicine Zantac just weeks before the case was due to be...
Seattle Will Pay $10M to Protesters Who Said Police Used Excessive Force During 2020 Protests January 29, 2024 By Gene Johnson Seattle has agreed to pay $10 million to 50 demonstrators who sued over the police department’s heavy-handed response to racial...
J&J Agrees to Resolve Talc Investigations in 42 States January 24, 2024 By Jonathan Stempel Johnson & Johnson on Tuesday said it had reached a tentative settlement to resolve probes by U.S. states into whether...
How Legal Finance Adds Value to Judgment Preservation Insurance January 23, 2024 By Andy Lundberg Successful litigants holding trial-court judgments have traditionally found themselves positioned similarly to mountaineers atop Mount Everest: After a long, brutal...