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  • J.C. Flowers & Company, JPMorgan Chase, and Bank of America agree to pay Sallie Mae a $30 billion dept settlement.
    New York, NY: (Jan-28-08) Sallie Mae, a student lending giant, brought a lawsuit against its onetime buyers, which include the private equity firm J.C. Flowers & Company, JPMorgan Chase, and Bank of America, over its scuttled $25 billion buyout. The company agreed to settle with its onetime buyers, in exchange for a deal to refinance about $30 billion in...
  • Ferris Baker Watts Inc. to pay $16 million settlement for brokers role in a Ponzi scheme
    Baltimore, MD: (Jan-26-08) Several investors brought charges against Baltimore brokerage Ferris Baker Watts Inc., alleging that they were victims of an investment fraud that a former broker at the firm played a part in. Former Ferris client David Dadante has already pleaded guilty to criminal fraud charges for his role in a Ponzi scheme that cost investors...
  • Amersino Marketing Group agrees to pay employees $70,000 settlement
    Brooklyn, NY: (Jan-28-08) The US Department of Labor brought charges against Yu Wang and Chow Wa, owners of Amersino Marketing Group, alleging that they owed employees back pay. Both the state and federal departments of labor conducted numerous investigations into wage and hour violations throughout the Williamsburg and Bushwick areas, and found that the B...
  • Resort Construction, Tamarack Resort pays $185,000 penalty for Clean Water Act violations
    Boise, ID: (Jan-24-08) The US Environmental Protection Agency (EPA) brought charges against Tamarack Resort, alleging that the facility violated the Clean Water Act during construction on the resort's property in 2005 and 2006. EPA sources claimed that the suit stemmed from a routine inspection that revealed that Tamarack had allowed polluted water from co...
  • Joke Book, Judy Brown and publishers pay undisclosed settlement to comedians and talkshow celebrities for copyright infringement
    Los Angeles, CA: (Jan-23-08) Talkshow celebrity Jay Leno brought charges against Judy Brown, a woman who published books of jokes by Jay Leno and other comedians without their permission, and her publishers, alleging copyright infringement. The suit was filed on behalf of NBC Studios, Leno, Rita Rudner, Jimmy Brogan, Diane Nichols, Sue Pascoe, Kathleen Mad...
  • Superintendent Severance, Oklahoma City School pays former employee $71,500 settlement
    Oklahoma City, OK: (Jan-23-08) John Porter, former Superintendent of the Oklahoma City School, brought charges against the school after he was suspended from his position, after less than seven months on the job. The dispute stemmed from Porter's clashes with board Chairman Cliff Hudson on various issues, which finally led to Porters suspension and resigna...
  • Bank Robbery, City of Golden Valley pays law abiding citizen $1.1 million settlement for excessive police force in his wrongful arrest
    Golden Valley, MN: (Jan-23-08) Al Hixon, a man who was chased and pepper sprayed after being mistaken for a bank robber, brought a lawsuit against the city of Golden Valley, alleging officers used excessive force during the incident. On April 2, 2005, Hixon was changing oil at a gas station when a nearby bank was robbed, and the pursuit followed. Hixon is...
  • Wal-Mart To Pay $17.5 Million To Settle Discrimination Class Action
    Wal-Mart has agreed to pay $17.5 million to settle a class action lawsuit alleging that the retail giant discriminated against African-Americans when recruiting truck drivers for its private fleet. The settlement is subject to approval by federal court in Arkansas. The company also agreed to priority job placements for 23 of the plaintiffs who submit ap...
  • Bondholder Interest, Solutia Inc. agrees to $220 million settlement
    Washington, DC: (Jan-22-08) A group of bondholders brought a lawsuit against Solutia Inc., over a dispute regarding unpaid interest that could have complicated the company's business plans after its exit from bankruptcy protection. Sources close to the case stated that Solutia fought with holders of its 11.25% senior notes due 2009 for months. The company...
  • Light Rail Contract, Metro pays Cross County Collaborative $6 million breach of contract settlement
    St. Louis, MO: (Jan-22-08) Cross County Collaborative (CCC) brought a lawsuit against Metro, seeking to recover $28 million in legal fees and other costs spent in Metro's litigation involving the MetroLink extension project from Forest Park to Shrewsbury. Sources stated that the suit stemmed from Metro pursuing an $81 million award in alleged damages from...
  • Foreclosure Rescue Scam, Businessman Vincent Abell pays five homeowners $120,000 settlement
    Washington, DC: (Jan-21-08) Walter Malone, one of five DC residents who filed suit against Washington businessman Vincent Abell, alleged that he lost money on his mortgage as a result of a foreclosure rescue scam. The suit, filed mostly by elderly plaintiffs accused Abell of tricking them into signing away their homes for loans to cover missed mortgage pay...
  • Settlements and Verdicts: Bicycle Accident.
    Bicycle Accident. A $9.9 million settlement has been reached in the lawsuit filed by Dr. Fred Epstein, 67, a Greenwich neurosurgeon who was severely injured on Sept. 30, 2001 when he was thrown from his bicycle while riding on a town street. (Sep-01-04) [ NBC 30 ] Legal Help If you have a similar problem and would like to be contacted by a lawye...
  • Fort Wayne agrees to put $250 million towards septic system improvements
    Washington, DC: (Jan-21-08) The Justice Department, in conjunction with the Environmental Protection Agency (EPA), brought charges against the city of Fort Wayne, IN, alleging that the city failed to comply with monitoring and reporting requirements of its permit. The suit further alleged the city failed to meet effluent limitations at the pipe leading fro...
  • Firefighter Back Pay, City of San Francisco pays $755,000 settlement to several retired workers
    San Francisco, CA: (Jan-21-08) Dennis Kruger and Francis Kelle, veterans with the fire department and Firefighters Local 798, brought charges against the city, alleging that when they retired, they were denied full compensation for the retroactive sick pay, overtime, and vacation time. The suit, filed in 2005, had at its core issues regarding special rates...
  • Price-Fixing Case Costs Wellpoint $10 Million
    Price-Fixing Case Costs Wellpoint $10 Million Wellpoint has agreed to pay $10 million to settle allegations of price fixing brought by New York State's Attorney General Andrew Cuomo. Wellpoint is the country's largest health insurer, serving some 5 million customers in New York. The settlement results from a year long investigation by Cuomo'...
  • Pfizer, Pharmacia Found Guilty of Medicaid
    Pharmacia, a subsidiary of the pharmaceutical company Pfizer, was found guilty by a Wisconsin jury yesterday of repeatedly committing Medicaid fraud with the state. The lawsuit, brought by the Wisconsin Attorney General J.B. Van Hollen, alleged that Pharmacia had inflated the wholesale prices of several of its drugs for many years. One example given st...
  • Oklahoma State University sets aside $12 million for Ardent Health Services to continue running the hospital
    Okmulgee, OK: (Jan-18-08) Ardent Health Services, owner of the Oklahoma State University Medical Center, brought charges against the University, over issues pertaining to its medical residency program in Tulsa. Ardent, the University, and the Oklahoma Health Care Authority have been in mediation since Ardent sued seeking the federal Indirect Medical Educat...
  • Stamford Health System Inc. pays $19.6 million settlement after using donated property for something other than its original purpose
    Stamford, CT: (Jan-18-08) State Attorney General Richard Blumenthal's office brought charges against Stamford Health System Inc., over services provided at the Rehabilitation Center of Southwestern Connecticut. The suit stemmed from a 2004 merger of Stamford Hospital with the Palmers Hill Road center. Blumenthal said that when donated property is used for...
  • Chelsea and Westminster Hospital pays British actress Leslie Ash $10 million settlement after contracting the dangerous infection
    London, UK: (Jan-18-08) British actress Leslie Ash brought a medical malpractice lawsuit against London's Chelsea and Westminster Hospital, alleging that she contracted a dangerous infection, due to the hospital's negligence. Records state that the celebrity contracted Methicillin-Sensitive Staphylococcus Aureus after seeking treatment at the facility for...
  • Property ID Class Action Settled for $39 Million
    The class action settlement against Property ID Corp has been settled for $39.3 million. The lawsuit alleged that real estate brokers received kick backs for referring clients to the company. Property ID produces natural hazard disclosure reports. More than 300,000 Californians who listed their homes for sale, between 1996 and 2006, with Coldwell Banke...
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