Advertisements


Zell, other former Tribune executives reach $200 million settlement over LBO

Real estate billionaire Sam Zell and other former officers and directors of Tribune Co have reached a $200 million settlement resolving allegations of fraudulent transactions related to the media company's disastrous 2007 leveraged buyout......»»

Category: topSource: reutersJun 12th, 2019

Wells Fargo execs reach $240M settlement for phony accounts

Insurers for Wells Fargo CEO Tim Sloan, forer chief executive John Stumpf and 18 others will fork over $240 million to shareholders over the scandal involving the creation of millions of phony accounts......»»

Category: topSource: moneycentralMar 2nd, 2019

Wells Fargo officials enter $240M settlement over bogus accounts

Wells Fargo & Co executives and directors have reached a $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts......»»

Category: topSource: moneycentralMar 1st, 2019

Wells Fargo officials enter $240 million settlement over bogus accounts

Wells Fargo & Co executives and directors have reached a $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts......»»

Category: topSource: reutersMar 1st, 2019

Qualcomm, Taiwan Reach Settlement in Patent-Licensing Dispute

Qualcomm notched a victory in its effort to preserve its patent-licensing business, saving the company nearly $700 million in fines......»»

Category: asiaSource: wsjAug 10th, 2018

Juno Therapeutics and investors reach settlement related to fatal drug trial

The $24 million mediated settlement stems from a string of patient deaths that nearly derailed Seattle's star biotech startup two years ago......»»

Category: topSource: bizjournalsSep 2nd, 2018

Walgreens Boots to Pay $34.5 Million Penalty in SEC Settlement

The drug store chain says the settlement doesn’t involve any current officers or executives......»»

Category: smallbizSource: wsjSep 28th, 2018

Essential links for October 17: Elon Musk"s big stock plans; Facebook video ads in question; A downgrade for Netflix?

A quick rundown of some of the news affecting Silicon Valley companies and executives on Wednesday, Oct. 17. ELON MUSK TO BUY $20 MILLION IN TESLA STOCK: Right after formally agreeing to a settlement with the SEC that requires him to pay a $20 million f.....»»

Category: topSource: bizjournalsOct 17th, 2018

CentraCare will take over Redwood Falls hospital, invest $60M

St. Cloud-based CentraCare Health will invest more than $60 million in a Redwood Falls hospital as part of a deal to expand its reach in rural Minnesota.  The Star Tribune reports on the plans for the Hospital, which follows its deal earlier this year.....»»

Category: topSource: bizjournalsNov 27th, 2018

46 Attorneys General reach $120 million settlement with J&J over hip implants

New York Attorney General Letitia James said Tuesday that she and 45 other Attorneys General have reached a $120 million settlement with Johnson & Johnson to resolve allegations that the company unlawfully promoted its metal-on-metal.....»»

Category: topSource: marketwatchJan 22nd, 2019

U.S., McKinsey & Co reach $15 million settlement over bankruptcy case disclosures

The United States and McKinsey & Company have reached a $15 million settlement over allegations that the global consulting company did not make proper disclosures in bankruptcy cases, the U.S. Department of Justice said in a statement on Tuesday......»»

Category: topSource: reutersFeb 19th, 2019

Wells Fargo officials reach $240 million settlement over bogus accounts

Wells Fargo & Co officials have reached a $240 million settlement of litigation accusing them of poor oversight, resulting in the creation of millions of unauthorized customer accounts......»»

Category: topSource: reutersMar 1st, 2019

Sam Zell settles lawsuit over Tribune leveraged-buyout ‘deal from hell’

More than a decade after Tribune Co. went pr.....»»

Category: topSource: latimesJun 14th, 2019

Oklahoma governor, GOP leaders: drug settlement violates law

Oklahoma's governor and Republican legislative leaders are raising concerns about the state's proposed $85 million settlement with an opioid manufacturer that has yet to be approved by a judge......»»

Category: topSource: foxnewsJun 14th, 2019

KC area has millions riding on accurate Census count

The Mid-America Regional Council estimates that a miscount of just 1% on the 2020 Census could cost the Kansas City area $48 million in federal funding. That’s why philanthropic groups, including the Health Forward Foundation and the REACH Healthcare.....»»

Category: topSource: bizjournalsJun 14th, 2019

Paraplegic Allegedly Defrauded By Avenatti Now Suing "Creepy Porn Lawyer" For $10 Million

Already familiar with being sued by ex-wives and ex-employees, 'creepy porn lawyer' Michael Avenatti is now being sued by the paraplegic whom he allegedly defrauded of a multi-million dollar settlement. Geoffrey Johnson, Avenatti's alleg.....»»

Category: blogSource: zerohedgeJun 13th, 2019

Pentagon and Lockheed Martin reach tentative $34 billion deal for hundreds of F-35 fighter jets

The historic agreement is expected to bring the plane's unit cost below $80 million sooner than initially expected......»»

Category: topSource: washpostJun 11th, 2019

Delegation seeks settlement of Dakota Access protest costs

North Dakota's congressional delegation is calling on President Donald Trump's administration to address the state's year-old request for $38 million to cover the cost of policing protests against the Dakota Access oil pipeline......»»

Category: topSource: foxnewsJun 11th, 2019

Oklahoma judge wants more answers on $85M opioid settlement

An Oklahoma judge is declining to approve the state's proposed $85 million settlement with an opioid maker until he's assured it complies with a new law targeting such deals......»»

Category: topSource: foxnewsJun 10th, 2019

UBS switches stance with plan to offer $113 million tax settlement in Italy

UBS looks set to agree a 100 million euro ($113 million) settlement of a money laundering and tax case in Italy within the next few weeks, according to people familiar with the matter, in contrast to a similar case in France......»»

Category: topSource: reutersJun 7th, 2019

AIG to reach out to shareholders over executive pay: CEO

American International Group Inc Chief Executive Officer Brian Duperreault said on Thursday the insurer is reaching out to shareholders, per its usual custom, who last month gave his $21 million compensation only narrow approval......»»

Category: topSource: reutersJun 6th, 2019