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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

Paint makers reach $305 million settlement in California, ending marathon lead poisoning lawsuit

After a 19-year legal struggle, three former makers of lead paint have agreed to a $305 million settlement with California county and city governments to mitigate poisoning dangers still present in old housing......»»

Category: topSource: reutersJul 17th, 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

Perrigo and Endo reach settlement on Nascobal nasal spray patent litigation

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall15 hr. 31 min. ago

Apple new iPhone shipments to reach 70 million units in 2019, says Digitimes Research

Apple's new iPhones to be released in autumn 2019 are expected to see shipments of only 70 million units overall in 2019, less than the amount contributed by the iPhone XR, XS and XS Max in 2018, according to Digitimes Research's estimates......»»

Category: topSource: digitimesAug 21st, 2019

XPO Unit, California Workers Propose $5.5 Million Settlement To End Classification Fight

The last-mile delivery unit of XPO Logistics, Inc. (NYSE: XPO).....»»

Category: blogSource: benzingaAug 20th, 2019

Juul raises $325 million in equity and debt financing for global expansion

U.S. e-cigarette maker Juul Labs Inc has raised $325 million in an equity and debt offering, as it looks to expand its global reach at a time of intense regulatory scrutiny in its home market......»»

Category: topSource: reutersAug 19th, 2019

Incorta raises $30M Series C for ETL-free data processing solution

Incorta, a startup founded by former Oracle executives who want to change the way we process large amounts data, announced a $30 million Series C today led by Sorenson Capital. Other investors p.....»»

Category: topSource: moneycentralAug 15th, 2019

Novartis replaces top scientists at Avexis after drug data manipulated

Novartis AG said on Wednesday it replaced the two top research and development executives at its Avexis unit after some data was manipulated from early testing of a gene therapy for infants that costs more than $2 million......»»

Category: topSource: reutersAug 14th, 2019

Novartis says top R&D executives no longer at Avexis unit after test data manipulation

Novartis said on Wednesday the two top research & development executives at its Avexis unit were no longer at the company after some data from early testing of Avexis's more than $2-million gene therapy Zolgensma was manipulated......»»

Category: topSource: reutersAug 14th, 2019

Former L.A. man who ran $7.5M Ponzi scheme gets prison sentence

A former Los Angeles man was sentenced to 87 months in jail Monday for running a $7.5 million Ponzi scheme by claiming he knew NBA stars such as Steph Curry, as well as beverage company executives. Khemraj Dave Hardat, 50, who used to live at the tony.....»»

Category: topSource: bizjournalsAug 13th, 2019