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Wednesday, October 16, 2019

Tag: settlement

MGM to pay Vegas mass shooting victims US$800 mil

Company says a long, drawn-out litigation process benefits no one.

Israel approves new settlement 2 days before polls

The wildcat settlement of Mevoot Yericho in the Jordan Valley has been approved to be turned into an official settlement.

Google to pay FTC up to US$200 mil on YouTube probe

The settlement is set to be announced next week and will be the largest ever fine imposed for violating the Children’s Online Privacy Protection Rule.

Bayer shares soars on report of proposed US$8 bil Roundup settlement

Bayer indicates it could pay US$6-US$8 billion but plaintiffs' lawyers want more than US$10 billion to drop the case.

UN members sign mediation convention to settle trade disputes

The aim is to have a global framework that will give businesses greater confidence to settle international disputes through mediation.

Facebook to create privacy panel, pay US$5 billion settlement

The fine will mark the largest civil penalty ever paid to the Federal Trade Commission.

Google settles job seekers’ age-bias claims for US$11 million

The settlement also calls for the Alphabet Inc unit to train employees and managers about age bias.

Equifax nears US$700 million settlement of probes into data breach

The agreement with authorities including the Federal Trade Commission and state attorneys general may be announced as soon as Monday.

Australian families suing Malaysia Airlines over MH17 to receive settlement soon

According to the Sydney Morning Herald, the families and the national carrier have reached an agreement.

Weinstein accusers poised to see first compensation as trial looms

Harvey Weinstein reportedly has reached a tentative settlement with women who filed civil suits against the disgraced film mogul for sexual harassment, but the multi-million-dollar deal will not forestall his criminal trial.

Kit Siang, ex-IGP Hanif may settle lawsuit out of court

The High Court gives both parties until June 24 to try and resolve the DAP veteran's defamation suit.

Folau rejected A$1 mln Rugby Australia settlement offer

Folau's hearing will continue on Sunday with no decision expected before Monday at the earliest.

Qualcomm sees up to US$4.7 bln payment from Apple deal

The two tech giants agrees to settle their suit with Apple paying Qualcomm US$4.5 billion to US$4.7 billion.

Musk, SEC get another week to work out deal on Twitter...

Musk's lawyers have argued the tweet did not contain new information that was material to investors.

Qualcomm stock jumps 23% on surprise settlement with Apple

The settlement followed two years of increasingly bitter legal battles between the two companies.

Khashoggi’s children deny settlement discussions over his murder

According to a Washington Post report, the children of murdered Saudi journalist Jamal Khashoggi received five-figure payments as compensation for the killing of their father.

After 18-year struggle, 24 Bangi Estate families happy to move into...

The families, who were helped by PSM in their battle with the developer, will move into their two-room apartment units next month.

Facebook to face US privacy pact costing billions

The investigation focuses on whether the social media giant failed to honour previous privacy commitments when Cambridge Analytica gained access to information about millions of users.

Apple agrees 500 million euro tax settlement with France

French news weekly L'Express reports that Apple had paid nearly 500 million euros (US$570 million) to resolve the case in a confidential settlement reached in December.

Wells Fargo to pay US$575 mln in settlement with US states

Wells Fargo has been seeking a fresh start after revelations that its employees opened potentially millions of unauthorised accounts tangled it in investor and regulatory scrutiny.

Goldman likely to face ‘significant penalties’ over 1MDB deals, says report

The firm’s third-quarter earnings report filed to regulators on Friday also highlights concerns over business culture and internal controls.

Sivarasa, Ku Nan to reach settlement on defamation suit

The suit is expected to be resolved amicably, with both parties given until next week to settle the case.

Tesla’s Musk says tweet that cost him US$20 million was `worth...

His sign-off culminated a series of tweets that included an announcement about the release of autopilot drive on navigation.

Najib to PH: Pursue IPIC and get back the money

Former prime minister also urges government to retain 1MDB assets — the Tun Razak Exchange and Bandar Malaysia — as these could help generate revenue.

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