Settlement News

Volkswagen Reaches $54M ‘Dieselgate’ Settlement With Italian Owners

Volkswagen and a group representing car owners in Italy have reached an agreement worth more than 50 million euros ($54 million) to end a legal battle over the “dieselgate” emissions scandal, they said on Wednesday. In the settlement, over 60,000 …

GM’s Cruise Pays More Than $8 Million in Robotaxi Settlement

General Motors Co.’s autonomous-car unit reached an $8 million to $12 million settlement with a pedestrian who was dragged by one of its vehicles in San Francisco, according to a person familiar with the situation. The settlement was struck earlier …

Geico Settles Case Claiming It Encouraged Employees to Call the Cops on Pro-Union Co-Workers

Geico has settled allegations by the US labor board that it illegally threatened and interrogated upstate New York employees about unionization efforts. The insurance company agreed to post a notice informing employees of their rights and vowing to comply with …

JPMorgan Expects to Pay $100 Million in a Third Surveillance Case

JPMorgan Chase & Co., fresh off settling complaints from two regulators over gaps in its trade-surveillance program, expects to pay an additional $100 million to settle a related inquiry from another watchdog. The firm disclosed the expected agreement in a …

J&J Seeks Backing for $11 Billion Baby Powder Cancer Deal

Johnson & Johnson will ask thousands of people suing over its allegedly tainted baby powder to vote in favor of a settlement that would allow the company to resolve all litigation for $11 billion — $2.1 billion more than it …

Williams-Sonoma to Pay $3.2M for Violating FTC’s ‘Made in USA’ Order

Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA” order. Williams-Sonoma was charged with advertising multiple products as being “Made in USA” when they were in fact manufactured in …

BHP, Vale Offer Brazil $25.7 Billion Payment for Dam Disaster

Mining giants BHP Group and Vale SA offered to pay Brazil about $25.7 billion in total compensation for a 2015 tailings dam disaster at their joint-venture iron ore complex. The offer comes as the companies and Brazilian authorities renew negotiations …

‘Fearless Girl’ Lawsuit by State Street Settles on Eve of Trial

State Street Corp. and the artist it commissioned to create Wall Street’s sculpture have settled a 2019 lawsuit on the eve of trial. The bank, which commissioned the artwork, was set to square off against the sculptor, Kristen Visbal, in …

Buffett’s Property Brokerage Reaches Settlement in Realtor Case

HomeServices of America, a real estate brokerage owned by Berkshire Hathaway Inc., reached a settlement agreement in a lawsuit taking aim at agent commissions industrywide. The brokerage agreed to pay a total of $250 million over the course of four …

FTC Sends $5.6M to Ring Customers as Part of Privacy Settlement

The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access. In a 2023 complaint, the …