Goldman Sachs is about to reach a $5.1 billion settlement with the US government over charges that, along with other banks in 2006-2008, it had falsely advertised residential mortgaged backed securities (RMBS) as safe investments to millions of investors and other financial cilents.
Georgia will get $6.5 million as part of over $250 million of nationwide settlement with Millennium Health over allegation that the drug testing company billed federal health care programs for unnecessary urine drug testing.
New York investment bank Goldman Sachs agreed to pay $5.1 billion to resolve the ongoing investigation of RMBS working group over its mortgage packaging before financial crisis.
According to several reports, the explosive lawsuit filed by Perry Ellis' senior executive has been placed in an amicable settlement. The fashion brand was in hot water when its COO allegedly made racist and homophobic remarks regarding the brand's advertisements.
The accounting giant, PwC, agreed to pay $55 million to settle claims by the victims of Bernard Madoff's Ponzi scheme. PwC is alleged to fail to audit properly the books of Fairfield Greenwich Group, the biggest operator of Madoff's feeder funds.
The Housing Authority of Baltimore City agreed on a settlement in a lawsuit that accused maintenance men of asking for sex in exchange of basic repair services in public housing.
Arizona prison teacher raped by a sex offender agreed to a settlement. She will receive $3 million. An Arizona prison teacher, who was stabbed and raped by a convicted sex offender, has agreed to settle with the state for $3 million.
Nevada has agreed to pay the city of San Francisco $400,000 to settle a lawsuit claiming that the state bused patients, many of them poor and mentally ill, from a Las Vegas hospital to the Bay Area without plans for their care, Governor Brian Sandoval's office said on Tuesday.
A U.S. appeals court on Monday weighed whether to uphold the approval of an estimated $5.7 billion antitrust settlement by MasterCard Inc (MA.N) and Visa Inc (V.N) with merchants over credit card fees despite the objection of several major retailers.
The U.S. Securities and Exchange Commission has reached a settlement with two former Fannie Mae (FNMA.OB) executives in one of its biggest lawsuits tied to the financial crisis, and the two men agreed as part of the deal to cooperate with the SEC in its case against former Chief Executive Daniel Mudd.
Comcast Corp has reached a $33 million settlement with California over allegations that the cable company posted personal details of customers online, state Attorney General Kamala Harris said in a statement on Thursday.
General Motors Co (GM.N) has agreed to pay $900 million and sign a deferred-prosecution agreement to end a U.S. government investigation into its handling of an ignition-switch defect linked to 124 deaths, two sources told Reuters.
Baltimore has reached a tentative $6.4 million settlement with the family of Freddie Gray, a black man who died from an injury sustained in police custody, city officials said on Tuesday.
Uber drivers are entitled to class action status in litigation over whether they are independent contractors or employees, a key development in a case threatening Uber's business model and that of other hot startups dependent on similar service workers.
Brazil's Petrobras may need to pay record penalties of $1.6 billion or more to settle U.S. criminal and civil probes into its role in a corruption scandal, a person recently briefed by the company's legal advisors told Reuters.
A New York City man imprisoned for nearly 25 years for a murder committed while he was vacationing at Disney World has agreed to settle a lawsuit against the city for $6.25 million, officials said on Tuesday.
A federal judge gave her final approval on Wednesday to a multimillion-dollar settlement in a lawsuit brought by about 5,000 former National Football League players who accused the league of covering up the dangers of concussions.
American International Group Inc (AIG.N) shareholders won approval on Friday of a $970.5 million settlement resolving claims they were misled about its subprime mortgage exposure, leading to a liquidity crisis and $182.3 billion in federal bailouts.
Former Major League Baseball pitching great Roger Clemens on Wednesday reached a settlement to a defamation lawsuit filed years ago by a former trainer who said he injected Clemens with performance-enhancing drugs, Newsday reported.
Target Corp (TGT.N) has agreed to pay $10 million in a proposed settlement of a class-action lawsuit related to a huge 2013 data breach that consumers say compromised their personal financial information, court documents show.
BP Plc on Friday ended its bid to oust the administrator overseeing payouts to businesses and individuals claiming damages arising from the 2010 Gulf of Mexico oil spill, citing steps the administrator has taken to reduce the threat of fraud.
