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.
August 20, 2013 |
Oscar Pistorius' lawyers have approached the family of Reeva Steenkamp, the girlfriend he is accused of murdering, hoping to negotiate an out-of-court settlement of a lawsuit separate from the criminal case the athlete faces. Both sides confirmed the talks to South African media outlets but declined to discuss any details. "You will understand this is a very sensitive situation," Kenny Oldwage, one of Pistorius' attorneys, told the South African Times . Pistorius, a double-amputee sprinter who competed in the 2012 London Olympics, was indicted Monday for shooting Steenkamp in the early morning hours of Valentine's Day at his home.
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...
September 22, 2013 |
JERUSALEM - Following the killing of two Israeli soldiers over the last three days, Israeli Prime Minister Benjamin Netanyahu said he would expand a controversial Jewish settlement in the West Bank city of Hebron. “We will continue to fight terrorism with one hand, and strengthen settlements with the other," Netanyahu said. In retaliation for the shooting of an Israeli soldier Sunday in Hebron, Netanyahu said he would allow for the immediate resettlement of Beit Hamachpela, a disputed building near Hebron's Tomb of Patriarchs and Ibrahimi mosque.
November 13, 2013 |
JERUSALEM -- New plans for Israeli settlements in the West Bank are adding fresh tension to the country's already stressed relations with the U.S. and the Palestinians. The announcement Tuesday of long-term development plans that would add 20,000 housing units in West Bank settlements was met with surprise and concern by U.S. officials. "Our position on the settlements is quite clear: We do not accept the legitimacy of continued settlement activity," said State Department spokeswoman Jen Psaki in a daily media briefing . The U.S. has expressed concern over steps that are "not conducive" to peace negotiations with the Palestinians, she said, "and settlements is certainly one of them.
February 26, 2012 |
The massive civil lawsuit stemming from the 2010 Deepwater Horizon oil spill, originally scheduled to go to trial Monday in New Orleans, has been postponed for one week to give oil giant BP and lawyers for more than 120,000 plaintiffs time to continue settlement talks. The postponement of the start of the trial to March 5 was announced in a joint statement Sunday from BP, which was in charge of the drilling project, and the group of plaintiffs' attorneys known as the Plaintiffs' Steering Committee, or PSC. "BP and the PSC are working to reach agreement to fairly compensate people and businesses affected by the Deepwater Horizon accident and oil spill," the statement read.
November 15, 2012 |
British oil giant BP is more than prepared for the $4.5 billion in settlement charges it agreed to Thursday, analysts said. BP agreed to plead guilty to 11 felony counts of misconduct or neglect of ships officers directly related to the 2010 Deepwater Horizon explosion in the Gulf of Mexico that killed 11 workers. BP also agreed to one misdemeanor count under the Clean Water Act; one misdemeanor count under the Migratory Bird Treaty Act; and one felony count of obstruction of Congress.
February 9, 2012 |
Federal and state officials on Thursday announced a landmark $25-billion agreement with the nation's five largest mortgage servicers to settle investigations involving foreclosure abuses and try to stabilize the housing market. The deal would give $17 billion in relief to current homeowners, mostly by reducing the amount of principal they owe on their mortgages. An additional $5 billion would be paid in cash to California and more than 40 other states as restitution for foreclosure paperwork problems and other improprieties by the servicers in the foreclosure process.
August 31, 2012 |
Three major publishers agreed Wednesday to pay $69 million in a settlement with states over e-book pricing. Hachette, HarperCollins and Simon & Schuster had previously agreed to settle in a suit brought by 49 states, the District of Columbia and four U.S. territories. A separate case by the Department of Justice is ongoing. The proposed settlement between the states and Hachette, HarperCollins and Simon & Schuster does not acknowledge any wrongdoing. The brief reads, in part, that the publishers “assert their actions were merely parallel, unilateral, or justified by market forces and completely legal.