UBS and four other bannks have agreed to pay more than $100 million over the plaintiffs allegation that they conspired to rig prices for municipalities. If their settlement would be approved, the defendants would end an almost eight years private class action lawsuit.
Owners of a Massachussets restaurant, Old Grist Mill Tavern sued Chiquita company following the fire incident that burned the restaurant. The plaintiffs claimed Chiquita's truck carrying bananas started the fire.
The approval of the FAA bill is in hot waters after the congress approved a new trucking provision that truck drivers to have meals and restbreaks in between working hours.