US fines Nomura unit $35 million over mortgage securities fraud
A unit of Japan's Nomura Holdings agreed to pay a $35 million fine and enter a non-prosecution agreement
2023-08-23 00:51
Teva to pay $225 million fine and divest cholesterol drug to settle price-fixing charges
Teva Pharmaceuticals agreed to pay more than $200 million in fines and divest a key generic drug treating cholesterol to settle price-fixing charges from the US Department of Justice, the agency announced Monday.
2023-08-22 06:27
Time is running out to file claims for Facebook's $725 million data privacy settlement
Anyone in the United States who had a Facebook account in the past 16 years has roughly one week left to file for payment in a data privacy settlement case.
2023-08-17 21:16
UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
2023-08-15 01:53
Colombian conglomerate Grupo Aval, subsidiary settle charges of violating US law
By Kanishka Singh WASHINGTON Colombian conglomerate Grupo Aval and its bank subsidiary will pay over $80 million to
2023-08-11 07:15
Supreme Court blocks $6 billion Purdue Pharma opioid settlement and will hear case this fall
The Supreme Court on Thursday blocked Purdue Pharma from going forward with bankruptcy proceedings, which the Biden administration has called an "unprecedented" arrangement that would ultimately offer the Sackler family broad protection from opioid-related civil claims.
2023-08-11 04:48
Tutoring firm settles US agency's first bias lawsuit involving AI software
By Daniel Wiessner A China-based tutoring company has agreed to settle a U.S. government agency's novel lawsuit claiming
2023-08-11 04:19
LensCrafters to pay eyeglass customers $39 million over Accufit claims
By Jonathan Stempel NEW YORK LensCrafters agreed to pay $39 million to settle a lawsuit by prescription eyeglass
2023-08-01 23:48
California, other states move to block 3M's $10.3 billion PFAS deal
By Clark Mindock A group of 22 states and U.S. territories on Wednesday moved to block a proposed
2023-07-27 06:46
Booz Allen to pay $377.4 million to settle US charges over past billing practices
By Kanishka Singh WASHINGTON U.S.-based consulting firm Booz Allen Hamilton Holding agreed to pay the United States $377.4
2023-07-22 05:53
SPAC seeking to merge with Trump's Truth Social media company settles with the SEC
The Securities and Exchange Commission announced Thursday that it settled with the blank-check company seeking to merge with former President Donald Trump's media company.
2023-07-21 08:46
Tesla directors will return $735 million to company to settle shareholder suit
Tesla directors will return $735 million to the company to settle claims they grossly overpaid themselves in one of the largest shareholder settlements of its kind, according to a Monday filing in a Delaware court.
2023-07-18 19:15