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Sort by date 7,446 pages found matching settlement- Coventree Inc. Nereus Shareholders Settlement
Toronto, Canada: (May-07-07) A lawsuit was brought by minority shareholders and employees of its subsidiary Nereus Financial Inc. against Coventree Inc. A settlement was reached when Coventree agreed to provide a comprehensive settlement of the various matters that were in issue relating to Nereus. Among other things, the settlement agreement resolves all... - FDA Reaches Settlement with California Hearing Device Maker
The U.S. Food and Drug Administration (FDA) has reached a settlement with California hearing device manufacturer Advanced Bionics LLC and its president and CEO Jeffrey Greiner over alleged violations of federal law. The alleged violations involved the failure to notify the FDA of a change of outside supplier or vendor, which may have exposed patients to unne... - Toyota Motor Manufacturing Kentucky Employee Work Wage Settlement
Scott County, KY: (May-07-07) The Department of Labor filed charges against Toyota Motor Manufacturing Kentucky in 2006, alleging that TMMK had violated labor laws by not paying employees according to stipulated wage/hour norms. The suit involved an issue which debated as to whether workers should be paid for the time they take to put on and take off prote... - Advance America Cash Advance Centers Agrees $18.75 million Settlement
Spartanburg, SC: Advance America, Cash Advance Centers Inc has agreed to pay $18.75 million to settle a class-action lawsuit without admitting violating any state consumer finance laws, according to an SEC filing. The Spartanburg-based provider of payday and other loans said it would establish a settlement pool to compensate North Carolina class m... - Hedge Funds Mortgage Fraud
Around 400 people across the US have been charged in Operation Malicious Mortgage, a crackdown on mortgage fraud. Victims are believed to have lost more than $1 billion to fraudulent activity, including cheating lenders and swindling people facing foreclosure. Hedge Fund Mortgage Fraud New York, NY: The government has unsealed... - Merrill Lynch ERISA Class Action Settled for $75 Million
On August 21, 2009, final approval of the ERISA settlement in the Merrill Lynch & Co., Inc. Securities, Derivative and ERISA Litigation was granted. The class action alleged breaches of fiduciary duty in violation of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), in connection with the acquisition and holding of Merrill Lync... - Bank of America Settles Merrill Lynch Class Action for $150 Million
A class-action lawsuit brought against the former Merrill Lynch & Co., which was purchased by Bank of America early in 2009, will reportedly be settled for $150 million. Bank of America has agreed to pay the settlement to end the suit, which was brought by 2 Louisiana pension funds. The suit alleged that Merrill Lynch provided false and deliberately mis... - The Roman Catholic Archdiocese of St. Louis reached a financial settlement
The Roman Catholic Archdiocese of St. Louis Reaches a Financial Settlement Six men who brought lawsuits against the Roman Catholic Archdiocese of St. Louis for sexual abuse will receive $312,500 with each receiving a settlement of between $90,000 and $20,000. The men claimed that they were sexually molested by five priests in the diocese during... - Breast Cancer Patient Awarded $8.1 Million in Discrimination Case
Fort Lauderdale, FL : A former employee of the Texas based chain store, Michaels, has been awarded $8.1 million as settlement of her discrimination case. Following a five-day trial, a jury found that Kara Jorud was unjustly fired from her position as a manager at a Michael's store in Boca Raton, Florida on allegations of theft. The plaintiff held... - University of California, Irvine Medical Center Liver Transplant Malpractice Settlement
Santa Ana, CA: (Apr-16-07) Elodie Irvine filed a medical malpractice suit against the University of California, Irvine Medical Center after having waited four years for organ transplants at the hospital before she went to another hospital and got the desperately needed procedures within two months. Irvine, who was diagnosed with a deadly kidney and liver d... - SJS Victim Awarded $21 Million in Product Liability Lawsuit
Concord, NH: Stevens-Johnson Syndrome victim 51-year old Karen Bartlett, who lost her sight and is now legally blind as a result of taking the non steroidal anti-inflammatory drug (NSAID) Sulindac (Clinoril) has been awarded a $21 million settlement by a federal jury. Bartlett was diagnosed with Stevens-Johnson Syndrome and toxic epidermal necroly... - Bristol-Myers Gets Preliminary Approval of $125 MillionPlavix Settlement
A settlement of $125 million has been preliminarily approved in the shareholder lawsuit against Bristol-Myers Squibb. The suit involves allegations that the pharmaceutical company failed to disclose side deals it made with Apotex regarding the sale of the company's blockbuster drug Plavix. A final hearing for settlement approval is set for December 8,... - Tracy Unified School District Student Molestation Settlement
Tracy, CA: (Apr-11-07) In 2004, an unattended special-education student allegedly sexually molesting another student at Merrill F. West High. The incident stemmed a lawsuit against Tracy Unified School District claiming damages. An unnamed girl, who was 15-years-old at the time, stands to receive a $250,000 settlement with the school district. Representati... - Google Settles Buzz Class Action for $8.5 Million
San Francisco, CA: Google has agreed to settle a class action lawsuit filed against it over allegations that it was automatically registering people using Gmail into its social networking feature "Buzz", without the participants consent. The reported settlement amount is $8.5 million which Google will place in a fund for organizations focused on inte... - Jury Awards $1.8 Million in Legal Malpractice Suit
Philadelphia, PA: A woman who sued her lawyer for legal malpractice has been awarded a $1.787 million settlement by a jury in Philadelphia. The plaintiff, Barbara Cox, alleged that the lawyer she had hired to represent her in a medical malpractice lawsuit, David M. Barry, was negligent in his pleading of the underlying medical malpractice case... - Pfizer Settles with Justice Department Over Clean Air
Pfizer, one of the world's pre-eminent pharmaceutical companies, has reached a settlement with the US Justice Department regarding violations of the Clean Air Act. The settlement includes a civil penality of $975,000. This is the first settlement involving industry-specific standards for airborne emissions during pharmaceutical manufacturing. It relat... - Allergan Pleads Guilty to Off-Label Promotion of Botox, Will Pay $600M
Washington, DC: American pharmaceutical manufacturer Allergan Inc. has agreed to plead guilty and pay $600 million to resolve its criminal and civil liability arising from the company's unlawful promotion of its biological product, Botox Therapeutic, for uses not approved as safe and effective by the Food and Drug Administration (FDA), the Justice Dep... - Point Blank Class Action Settled for $34.9 Million
Point Blank Solutions, Inc., a manufacturer of protective body armor, today announced that the United States District Court, Eastern District of New York, has approved the settlement entered into in connection with the securities class action against the Company and certain individual defendants, as well as the related shareholder derivative action. ... - Sprint Settles ETF Class Action for $17.5 Million
A federal class action lawsuit against Sprint Nextel may be at an end, the telecommunications giant has agreed a settlement of $17.5 million. The lawsuit centered around early termination fees (ETFs) that the company was allegedly illegally charging its customers - to the tune of $1.2 billion since 1999. Additionally, Sprint has agreed to place $1... - UnitedHealth Reaches $925 Million Settlement
A proposed settlement between UnitedHealth and its shareholders has been given the green light by a federal judge, bringing to an end a class action lawsuit stemming from allegations of options backdating. The settlement is for $925 million, $895 million of which will be paid by UnitedHealth, and the remaining $30 million by former Chairman and CEO Wi...