LAWSUITS NEWS & LEGAL INFORMATION
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Sort by date 7,446 pages found matching settlement- Rothschild Investment $28,000 settlement reached in securities lawsuit.
Rothschild Investment $28,000 settlement reached in securities lawsuit. Helena, MT: (May-27-08) State Auditor John Morrison brought a lawsuit against Rothschild Investment, a Chicago-based broker-dealer firm, alleging that it sold securities without being registered in Montana. Morrison's suit claimed that Rothschild Investment sold the securities to 1... - 17,500 Seroquel Suits Settled for $198 Million
London, UK: Astra Zeneca (AZ), the maker of the antipsychotic medication, Seroquel, has settled 17,500 US-based personal injury claims for $198 million. The suits claim illnesses such as diabetes related to the drug, which is used to treat schizophrenia and bipolar disorder. According to a report on Reuters, the average settlement per claim is $11,300... - McKesson Corp. $13.25 million settlement in lifestyle drug abuse lawsuit.
Pittsburgh, PA: (May-26-08) The US Drug Enforcement Administration brought a civil lawsuit against McKesson Corp., a giant San Francisco-based drug and medical products distribution company, related to the distribution of its lifestyle dugs such as alprazolam, an anti-anxiety drug, and hydrocodone, a narcotic pain reliever. The suit was filed after the c... - El Al Israel Airlines Ltd. $20 million settlement in cargo services price fixing lawsuit.
Washington, DC: (May-26-08) The US Department of Justice Antitrust Division brought a lawsuit against El Al Israel Airlines Ltd., alleging that the company engaged in price fixing on cargo services in 2000-2006. El Al was one of the several airlines that were investigated by the Department of Justice. Records show that British Airways plc and Korean Airl... - Michigan Settles Female Prisoner Sexual Abuse Lawsuit for $100 Million
Five hundred female prisoners who filed a class action suit against the state of Michigan, alleging sexual assault by prison guards, have won their case. A $100 million settlement was reached Wednesday, July 15, with the state, ending the 13-year-long legal battle. Toni Bunton, one of the women who filed a complaint alleging that she was repeatedly rap... - KoSa Ltd. $33 million settlement reached in class action antitrust lawsuit.
Charlotte, NC: (May-26-08) A class action lawsuit was brought against KoSa Ltd., a polyester manufacturing company currently known as Invista, alleging that the company engaged in antitrust business practices. Records indicate that when the suits were filed against the Charlotte, NC, based company, KoSa had a major manufacturing plant in Salisbury, emplo... - 4.4% increase in salaries as part of contract settlement.
Ellsworth, WI: (May-26-08) The local teachers union brought charges against the Ellsworth School District, over issues pertaining to their employment contract. Sources on both sides of the dispute stated that the parties had reached a settlement agreement, ratifying a two-year contract. The deal stipulated that there will be a 4.4% increase in salaries a... - AireSurf Networks Holdings Inc. $23,147 debt settlement made by issuance of 115,735 common shares.
Toronto, Ontario: (May-26-08) In a recent announcement made by spokespersons for AireSurf Networks Holdings Inc., the company stated that it has agreed to settle $23,147 of indebtedness owed to a non arm's length creditor. In the prepared statement, officials claimed that the settlement will be made by the issuance of 115,735 common shares of AireSurf. S... - General Electric Co. and SABIC Innovative Plastics $3 million settlement reached in intellectual property dispute.
Bryan, TX: (May-23-08) The Texas A&M University System brought charges against General Electric Co. and SABIC Innovative Plastics, alleging that the two companies used the university's patented research without obtaining a license to do so. The dispute stemmed from the use of a scratch-resistant polymer developed by A&M researchers and patented by the Te... - Aon Corp. $4 million settlement reached in insurance malpractice suit.
New York, NY: (May-23-08) Federal regulators in FL brought charges against Aon Corp, one of the largest insurance brokerages, alleging that the company received undisclosed compensation in connection with the placement of insurance coverage on behalf of FL policyholders. The suit, filed by the Florida Department of Financial Services, the Florida Departm... - Clinton Township agrees to pay $85,000 settlement in employment lawsuit.
Clinton Township, OH: (May-21-08) Patrick Sheehan and Erik Vicars, two former police officers, brought a lawsuit against Clinton Township, alleging that they were sexually harassed. The dispute centered on alleged harassment by Lt. Anthony Pfeifer, who is under investigation for e-mails he sent. The two former officers stated that other officers called t... - Alcoa Inc. Plant Emissions Pollution Settlement
Dallas, TX: (Mar-01-07) Alcoa Inc., a central Texas coal-fired power plant, had long been held up by legal challenges from environmental groups and the federal Department of Justice over the issue of emission rates for nitrogen oxide from its plant. In November 2006, the federal government offered a settlement that would allow Alcoa Inc. and TXU Corp. to u... - AZ Tentatively Settles 4,000 Seroquel Suits
Wilmington, Delaware: AstraZeneca (AZ) has reportedly tentatively settled a further 4,000 lawsuits brought by people who allege the company's antipsychotic medication Seroquel, causes diabetes. The terms of the settlements will be kept confidential. However, the company recently settled 200 similar suits for $2 million putting the average settle... - Quality First Auto Glass pays $233,000 settlement in automotive lawsuit.
Buffalo, NY: (May-20-08) Attorney General Andrew M. Cuomo brought charges against Quality First Auto Glass and its owner, Alan Moore, a defunct Amherst auto-glass repair shop, alleging that they collected money from 424 Western New Yorkers who had done business with them, which they were not entitled to receive. As part of a settlement reached in the cas... - DeKalb County to pay $15.35 million settlement in birthing lawsuit.
DeKalb County, IL: (May-20-08) Vanessa Jenkins, an Aurora woman, brought a medical malpractice lawsuit against Valley West Community Hospital in Sandwich, and DeKalb County, after her son sustained a brain injury at birth. The suit claimed that Jenkins was admitted to Valley West Community Hospital in Sandwich on Oct. 19, 2001 for the delivery of her son... - USSearch.com to pay $250,000 settlement in information lawsuit.
New York, NY: (May-20-08) New York Attorney General Andrew Cuomo's office brought charges against the online information company USSearch.com, alleging that it sold credit bureau data of US consumers. The suit, filed after a federal investigation, revealed that the company, which normally provides public information like court records, also illegally obt... - RAK Industries agrees to $375,000 settlement in employment lawsuit.
Rochester, NY: (May-19-08) The US Equal Employment Opportunity Commission (EEOC) brought charges against American Industrial Sales Corp., doing business as RAK Industries, alleging that the company sexually harassed 18 female employees, including four teenagers. The suit claimed that the Rochester-based distributor of highway and industrial safety... - College agrees to pay $500,000 settlement in employment lawsuit.
Victorville, CA: (May-19-08) Nicholas Halisky, a former president of the Victor Valley College, brought a wrongful termination lawsuit against the college, after Halisky, his wife and former director of management information systems Cathy Halisky, and former director of human resources Lois Kobz, were all fired in 2002. The termination was said to be th... - Concord Camera agrees to $100,000 settlement in shareholder lawsuit.
Miami, FL: (May-19-08) A stockholder derivative lawsuit was brought against Concord Camera Corp., naming certain of the company's past and present directors and officers as defendants. The suit claimed that the Concord defendants breached their fiduciary duties to the company, thus impacting the earnings of the stockholders. The suit was brought by... - $4.6 million settlement reached in debts lawsuit.
Houston, TX: (May-19-08) Nevada Gold & Casinos, Inc. brought lawsuits against Clay County Holdings, Inc., Service Interactive, Inc., and Restaurant Connection International, Inc., over Clay County Holdings and Service Interactive, Inc's respective debts to Nevada Gold. Sources familiar with the negotiations stated that as part of a settlement reached in...