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  • Morgan Stanley & Co. Investigation Settlement
    The Securities and Exchange Commission filed federal charges against the investment banking corporation for not turning over thousands of e-mails and engaging in uncooperative actions during investigations of the firm from 2000 to 2005. The lawsuit claimed Morgan Stanley failed to produce documents during investigations of dozens of Wall Street firms by...
  • Hynix Semiconductor Inc., Samsung Electronics Co. Ltd. and Infineon Technologies AG DRAM Antitrust Class Action Settlement
    An antitrust class action lawsuit was filed in the U.S. District Court for Northern California in San Francisco alleging the three memory-chip makers conspired to fix prices for dynamic random access memory. Hynix Semiconductor, Samsung and Infineon did not admit to any wrongdoing, but have agreed to pay a $161 million class action settlement. South Kor...
  • Basic Research Advertising Fraud Settlement
    The Federal Trade Commission charged that the company used deceptive claims to sell weight loss products in violation of federal law. Advertisements for three skin gels, Tummy Flattening Gel, Cutting Gel, and Dermalin APg claimed to melt away fat. While marketing for Leptoprin and Anorex, two ephedrine pills, claimed to cause weight loss of more than 20...
  • Merced County Deputy Attack Personal Injury Settlement
    Jason Haugen was attending the county fair when two sheriff's deputies allegedly beat him brutally. In the process, Haugen's insulin pump was torn from his body. He filed a personal injury lawsuit against the county claiming the deputies were on steroids during the attack. Merced County has agreed to pay a $15,000 settlement. (May-07-06) [ ABC LOCA...
  • Seattle Seahawks '12th Man' Slogan Trademark Settlement
    Texas A&M University filed a lawsuit against the football team for allegedly using a '12th Man' slogan trademarked by the university. The Seahawks acknowledge Texas A&M's ownership rights in the mark and will continue to use the mark under license in connection with the Seahawks' operations, promotions and fan activities in the Pacific Northwest. The Se...
  • Amtrak Passenger Train Wrongful Death Settlement
    On April 20, 2000 Rachel Marturello, 11, her sister, Rebecca, 14, and friend Zandra Lafley, 13, were walking on a railroad trestle in Kent, WA. They saw an Amtrak train approaching and tried to run and jump to safety. Rebecca got out of the way on time, but Rachel and Zandra were struck and killed by the passenger train. The 9th U.S. Circuit Court of Ap...
  • Highland Hospital Hispanic Housekeeper Discrimination Settlement
    The U.S. Equal Employment Opportunity Commission filed a lawsuit against the institution on behalf of five hospital workers who are natives of Cuba and Puerto Rico. The lawsuit claimed Highland Hospital discriminated against its Hispanic housekeepers by subjecting them to rules requiring them to speak only English when they were in the hospital. Highlan...
  • Gemstar-TV Guide International Inc. CEO Harry Yuen Shareholder Fraud Settlement
    The Securities and Exchange Commission filed a lawsuit against the former Gemstar-TV Guide International CEO for his alleged role in a scheme to defraud shareholders. Yuen allegedly inflated revenues to boost stock and falsified company books. He was fired in 2003 from the Los Angeles' based media and technology company that develops, licenses, markets...
  • BearShare Online Music Patent Infringement Settlement
    In 2001, Hollywood film studios and recording companies threatened to file a lawsuit against the file sharing company alleging patent infringement regarding online music services. BearShare agreed to pay $30 million to avoid potential copyright infringement lawsuits. BearShare software distributor, Free Peers Inc., has also agreed to close up shop and n...
  • TeenScreen - Prescription Drug Pusher In Schools
    Jul-17-06 Whenever a TeenScreen article appears in the mainstream media, it never discusses the fact that the survey is being used to label children with any number of mental illnesses. The point needs to be made that this so-called "suicide prevention tool" has a lofty purpose alright, but caring about whether or not kids commit suicide ain't it. According to atto...
  • Random House Inc. and Author Dan Brown 'Da Vinci Code' Copyright Ruling
    The best selling thriller, "The Da Vinci Code," has been found not to infringe copyrights of a book published in 2000 called "Daughter of God," by author Lewis Perdue. Perdue had sued Daniel Brown, author of "The Da Vinci Code" and Random House Inc., his publisher, for $150 million in damages. However, a court ruled that while both books tell a st...
  • Michael Vick STD Transmission Settlement
    Sonya Elliott, the woman who charged Atlanta Falcons quarterback Michael Vick with knowingly infecting her with the herpes virus, has settled for an undisclosed amount. Elliott, a 26-year-old health care worker, allegedly tested positive for herpes after engaging in unprotected sex with Vick three years ago. The complaint also contended that Vick...
  • Town of Mount Olive Employee Gender Harassment Settlement
    Craig Odom filed a law suit in July 2004 alleging that he was sexually harassed by a co-worker during the course of his employment with Mount Olive Emergency Services. The town recently announced that they would pay $41,750 to settle a lawsuit brought against it by the former employee. The suit contended that the harassment created a "hostile work...
  • Merck Not Losing Sleep Over Vioxx Disaster
    Jul-16-06 Merck's top management team reportedly remains unphased by Vioxx litigation woes. In fact, Prudential Equity Group analyst, Timothy Anderson, says Merck's Chief Executive, Richard Clark, specifically told him that "Vioxx does not keep him up at night." According to Mr Anderson, "the company believes that lower court cases will be overturned on appeal, and...
  • Bush's Mental Illness Screening Squad On the Move
    Jul-9-06 The tax dollar funded mental health screening programs popping up in every corner of the nation represent an enormous gift to Big Pharma from the Bush administration. After all, drug companies can't push drugs without a lucrative customer base, so the screening programs are a great solution for that little problem. On April 29, 2002, Bush kicked off th...
  • Do Banks really need to Hold Checks for so Long?
    Jul-7-06 Stephen Johnson knows how long it can take for a bank to set your money free. Last year his mother sold a large amount of stock and deposited a check from Wachovia - a large securities firm - into her Wells Fargo account. She was told the check would take several weeks to clear. Knowing just enough about the banking system to cause some trouble, Johnson e...
  • Mario Gabelli Investor Fruad Settlement
    Frederick Mancheski and David Perlmutter filed a lawsuit against the money manager for allegedly breaching his fiduciary duty regarding mutual funds. The lawsuit claimed Gabelli prevented the men from selling their stake in his private company, Gabelli Group Capital Partners, at fair market value. Mancheski and Perlmutter are set to receive a cash compe...
  • U.S. Department of Interior Crow Indian Trust Fund Settlement
    In 2002, the Crow Indian tribe filed a lawsuit claiming the government had mismanaged its trust fund accounts from 1972 to 1992. The government settled without admitting liability and has agreed to pay the tribe a $10 million settlement. The money will be spent on social and educational needs as well as caring for and developing the reservation. (May-03...
  • Heatherwood and Wexham Park NHS Trust Gall Bladder Operation Malpractice Settlement
    In February 1996, William Vincent went into the hospital for a gall bladder operation. In the aftermath of the procedure, Vincent was deprived of oxygen and suffered brain damage. The hospital's managers, Heatherwood and Wexham Park NHS Trust admitted full responsibility and agreed to award Vincent a �750,000 compensation deal. (May-02-06) [ IC...
  • Nokia Patent Infringement Settlement
    InterDigital Communications filed a lawsuit against the handset maker regarding a patent dispute over GSM/GPRS/EDGE phones and network equipment. Nokia allegedly failed to re-negotiate a licensing agreement for 3G mobile products that it was selling. Nokia will pay $235 million to InterDigital Communications to settle the patent dispute. (May-02-06) ...
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