The 2nd U.S. Circuit Court of Appeals in Manhattan retained a decision on Apple over conspiracy with five publishers to raise e-book prices. The company agreed to settle antitrust claims of $450 million.
Former Dewey & LeBoeuf LLP employee and one of the defendants in the financial fraud case, Zachary Warren, stroke a deal with prosecutors to undergo community service in exchange of having his case dropped in a year.
The Securities and Exchange Commission finished its investigation on Caterpillar regarding probable tax evasion involving Swiss unit Caterpillar SARL. Probes from the Internal Revenue Service and a federal grand jury are still ongoing.
A school that banned pro-gay messages on t-shirts has settled in a lawsuit. A school district in central California has recently decided to settle a free speech lawsuit sued by a student over a t-shirt he wore to school.
