CALIFORNIA | LOCAL
April 24, 2013 |
Orange County supervisors have unanimously approved a proposed settlement in a federal wrongful death lawsuit filed by the family of Manuel Loggins Jr., an unarmed Marine sergeant who was shot to death by a sheriff's deputy in a darkend high school parking lot. The suit accuses the deputy, Darren Sandberg, of using excessive force when he shot Loggins in a San Clemente High School parking lot after the Marine refused to follow Sandberg's orders. ...
December 10, 2012 |
WASHINGTON -- Britain's Standard Chartered bank has agreed to a $327-million settlement with U.S. officials, who have been investigating the bank for possible violations of economic sanctions against Iran and other countries. The settlement, announced Monday, includes $132 million paid to the Treasury Department's Office of Foreign Asset Control and $100 million paid to the Federal Reserve. Treasury officials said the settlement resolves probes into apparent violations by the bank's London and Dubai offices from 2001 to 2007 of U.S. economic sanctions against Iran, Burma, Libya and Sudan, as well as a case involving sanctions related to foreign narcotics kingpins.
June 12, 2012 |
UC Irvine law students will travel California this summer to help determine if five giant banks are fulfilling the pledges they made in a $25-billion settlement of foreclosure-abuse investigations. The students -- three this summer, and later expanding to eight or nine -- will meet with housing counselors, legal-aid groups and homeowners. They will work for a consumer-protection clinic set up by Katherine Porter , the UC Irvine law professor tapped by California Atty.
April 10, 2013 |
Director Julie Taymor has reached a settlement in her epic legal battle with the producers of the Broadway musical "Spider-Man: Turn Off The Dark. " In a joint statement released Wednesday, the two sides said that the pending litigation between them has been settled by "mutual agreement of all parties. " No terms of the settlement were announced. However, the statement said that Taymor's claims against the musical have been resolved "with respect to both the current New York production and subsequent productions.
September 6, 2012 |
NEW YORK — A federal judge has approved a U.S. government settlement with three major publishers accused of conspiring with Apple to fix the prices of electronic books. The ruling released Thursday requires the publishers, Hachette, HarperCollins and Simon & Schuster, to abandon a pricing system that they conceived in 2010 when Apple Inc. released the iPad and began selling digital books in its iTunes store. U.S. District Judge Denise Cote approved the deal nearly five months after the Justice Department filed an antitrust lawsuit alleging Apple worked with the largest digital book publishers to rig a system designed to counteract Amazon.com's pricing practices.
November 5, 2013 |
If American Airlines and US Airways divest themselves from "key" airports, the U.S. Department of Justice may be willing to drop its challenge to a merger plan for the airlines. That is the word from U.S. Atty. Gen. Eric H. Holder Jr., who said the Justice Department was discussing a potential settlement of a suit the agency filed in August to halt the merger that would create the nation's largest airline. "What we have tried to focus on is to make sure that any resolution in this case necessarily includes divestitures of facilities at key constrained airports throughout the United States," Holder said during a press conference on an unrelated matter.
February 9, 2012 |
Striking a populist note, California Atty. Gen. Kamala D. Harris appeared at a downtown Los Angeles news conference and praised the Golden State's share of a multi-state settlement as a “California commitment” that represents a “tremendous victory.” Harris said that the state's piece of the multibillion-dollar settlement was right for the most severely affected parts of the state. She also rejected claims that the controversial deal was a handout to people who did not live up their commitments.
February 5, 2013 |
Nasdaq soon may pay a penalty for its flawed handling of Facebook Inc.'s initial public offering. But it may not be paying all that much. The Wall Street Journal reported that Nasdaq is in settlement talks with the Securities and Exchange Commission to pay about $5 million to resolve the agency's eight-month investigation of Nasdaq's technological miscues in the closely watched IPO. That would be a fraction of the estimated $500 million...
June 6, 2013 |
This post has been updated. See below for details. Shares of TiVo Inc. jumped more than 8% on Thursday because of a report that the set-top box maker had reached a settlement with Google's Motorola Mobility unit. TiVo sued Motorola last year for billions of dollars for patent infringement over its digital video recording technology. Motorola previously hit TiVo with a lawsuit over its DVR technology in 2011. Bloomberg News...
December 26, 2012 |
Toyota Motor Co. has announced an agreement worth more than $1 billion to settle a lawsuit involving unintended acceleration in some of its vehicles. Under terms of the settlement, filed Wednesday in federal court in Santa Ana, Toyota will install a brake-override system in an estimated 3.25 million vehicles and compensate car owners for the alleged reduced value of the vehicles, among other terms. According to attorneys for the plaintiffs, the estimated value of the settlement makes it the largest of its kind, although there have been larger non-auto industry class settlements in recent years.