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| July 19, 2018

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Ford to spend up to $299 million to settle Takata air bag lawsuits

July 17, 2018 |

Ford Motor Co. has agreed to spend up to $ 299 million to settle lawsuits filed by owners of about 6 million vehicles with potentially deadly Takata air bag inflators.

The agreement announced Monday must get court approval. It covers owners who contend that their vehicles’ value dropped because…


L.A. Times – Business

Defunct for-profit college firm ITT’s former executives settle fraud charges

July 11, 2018 |

Former top executives at ITT Educational Services, the parent company of defunct ITT Technical Institute, have settled fraud charges with the Securities and Exchange Commission, avoiding a trial that was slated to begin Monday.

A judgment order entered Friday puts to rest civil fraud charges filed…


L.A. Times – Business

Apple and Samsung Settle Epic Patent Infringement Battle

June 28, 2018 |

An epic legal battle between smartphone titans is finally over. Apple and Samsung have settled their seven-year patent dispute over Apple’s allegations that Samsung copied the iPhone’s design and software, reports CNN . Terms were not available, but according to the Wall Street Journal , the companies filed a notice in California…
Newser

American Airlines agrees to pay $45 million to settle antitrust lawsuit filed by passengers

June 19, 2018 |

American Airlines, the world’s largest carrier, has agreed to pay $ 45 million to settle a lawsuit filed by passengers who accused the nation’s biggest airlines of colluding to limit capacity and keep airfares high.

Another large carrier that was accused in the lawsuit, Southwest Airlines, agreed…


L.A. Times – Business

U.S., China Agree on Outline to Settle ZTE Controversy

May 22, 2018 |

The U.S. and China have agreed on the broad outline of a deal to settle the controversy over Chinese telecom giant ZTE, as the two sides work toward an agreement to ease trade tensions.
WSJ.com: What’s News Asia

RBS to pay $4.9 billion to settle U.S. claims it sold risky mortgage bonds, half of what was expected

May 11, 2018 |

If HSBC Holdings, UBS Group and Wells Fargo & Co. were concerned that the Trump administration might continue the big-ticket bank penalties of the Obama era, there are mounting signs that they need not be.

Royal Bank of Scotland Group says it has reached a tentative deal with the U.S. Justice Department…


L.A. Times – Business

EU Set to Settle Gazprom Antitrust Case Soon

May 7, 2018 |

The EU is poised to settle its long-running antitrust case against Gazprom as soon as this month, a move that could be perceived as bending to the Russian state-owned energy giant.
WSJ.com: What’s News Europe

Wells Fargo agrees to pay $480 million to settle securities-fraud lawsuit over fake accounts

May 4, 2018 |

Wells Fargo & Co. agreed to pay $ 480 million to settle a class-action lawsuit in which investors accused the bank of securities fraud related to its unauthorized accounts scandal.

The settlement resolves the main class-action suit brought by shareholders targeting allegations of the bank’s deficient…


L.A. Times – Business

TMZ

Stevie J and Joseline Hernandez Settle Child Custody Case

April 27, 2018 |

Stevie J and Joseline Hernandez have finally settled their nasty child custody case … and they’ve come to a pretty amicable agreement. Stevie and Joseline hammered out the details — in legal docs obtained by TMZ — for 1-year-old Bonnie Bella.…

TMZ.com

Maryland pays $65G to settle lawsuit over governor’s Facebook page

April 2, 2018 |

Maryland’s governor must be more permissive of social media commenters who disagree with him under a settlement to resolve a lawsuit that accused him of censoring constituents by blocking them on Facebook, the American Civil Liberties Union said Monday.
FOX News