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Settlement News

Mara's law group asks judge to reject settlement Special

Mara’s Public Citizen Law group in Mara region - Tanzania, yesterday asked a judge to reject a proposed $119 million settlement of a secondhand-smoke suit by the nation’s flight attendants due to “crippling deficiencies”
Digital Journal Report by Juniper Russo - 1 comment

Teen wins settlement after school takes Facebook password

A Minnesota school district has agreed to pay a $70,000 settlement from a lawsuit which claimed school officials violated a student's constitutional rights by viewing her Facebook and email accounts without permission.
In the Media by Lizz Riggs - 1 comment

JPMorgan pays $400 million to settle with Syncora over toxic loans

JPMorgan Chase & Co will pay $400 million to settle lawsuits brought by bond insurer Syncora Guarantee Inc over toxic mortgage-backed securities, according to the insurer.
In the Media by Karen Freifeld (Reuters)

Deutsche Bank to pay $20 million to settle Brazil charges

Deutsche Bank AG <DBKGn.DE> agreed on Monday to pay $20 million to settle charges in Brazil that Europe's largest investment bank by revenue helped manage funds embezzled by former city of São Paulo officials in the 1990s, ...
In the Media by Reuters

BofA $8.5 billion deal to go forward; AIG loses bid to delay

A New York state judge declined to delay court approval of Bank of America Corp's <BAC.N> $8.5 billion settlement with investors in mortgage-backed securities, rejecting a move by American Inter...
In the Media by Karen Freifeld (Reuters)

AIG holding BofA $8.5 billion settlement 'hostage,' investors say

American International Group <AIG.N> is holding "hostage" an $8.5 billion deal to compensate investors who bought Bank of America Corp <BAC.N> mortgage securities, supporters of the deal s...
In the Media by Karen Freifeld (Reuters)

Lehman settles with Freddie Mac over $1.2 billion claim

Lehman Brothers Holdings Inc settled with Freddie Mac <FMCC.OB> a $1.2 billion claim, freeing up millions of dollars which will be available for distribution to the bank's creditors.
In the Media by Reuters

Man awarded millions in 'Popcorn Lung' lawsuit

Denver - A Colorado man who had developed a condition known as "popcorn lung" has been awarded a multi-million dollar settlement. He said his condition resulted from the chemicals used in microwave popcorn that give it a buttery taste and aroma.
In the Media by Leigh Goessl - 4 comments
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