Morgan Stanley to Pay Under $300M to Settle Trading Probe January 16, 2024 By Sridhar Natarajan Morgan Stanley is close to an agreement to pay $200 million to $300 million to resolve a yearslong US investigation...
Feds Charge EBay over Employees Who Sent Live Spiders And Roaches to Couple; Company Paying $3M January 12, 2024 By Alanna Durkin Richer Online retailer eBay Inc. will pay a $3 million fine to resolve criminal charges over a harassment campaign waged by...
Family of British Tourist Killed in 2018 Grand Canyon Helicopter Crash Wins $100M Settlement January 11, 2024 By Scott Sonner RENO, Nev. (AP) — A Nevada judge has approved a $100 million cash settlement to the parents of a British...
Class Action Numbers Dip in 2023, but Settlements Still Costing Billions January 10, 2024 By Jim Sams Class-action and government enforcement lawsuits continued to take a toll on corporate defendants in 2023, with ten $1 billion settlements...
J&J to Pay $700 Million to Settle States’ Talc-Marketing Probe January 8, 2024 By Jef Feeley Johnson & Johnson has tentatively agreed to pay about $700 million to resolve an investigation by more than 40 US...
Merck Settles Coverage Dispute With Insurers Over War Exclusion in NotPetya Attack January 5, 2024 By Insurance Journal staff Merck & Co. Inc. has reportedly reached a deal with insurers over a closely-watched coverage dispute related to a massive...
Hotel Owners Agree to Settle Disability Discrimination Case for $100K January 4, 2024 By Insurance Journal staff The owners and operators of a hotel in Omaha, Nebraska, have agreed to pay $100,000 to a former general manager...
Berkshire Utility Sells Blue-Chip Bonds to Pay Wildfire Claims January 3, 2024 By Olivia Raimonde and Josh Saul Berkshire Hathaway Energy Co.’s PacifiCorp is selling US investment-grade bonds to help fund settlement claims related to wildfires in Oregon....
Consulting Firm Mckinsey Agrees to $78M Settlement with Insurers over Opioids January 2, 2024 By Dee-Ann Durbin Consulting firm McKinsey and Co. has agreed to pay $78 million to settle claims from insurers and health care funds...
Activision Blizzard to Pay $54 Million to Settle California State Workplace Claims December 18, 2023 By Alex Veiga LOS ANGELES (AP) — Activision Blizzard has agreed to pay about $54 million to settle discrimination claims brought by California`s...