October 2, 2013 |
New York Atty. Gen. Eric Schneiderman has lowered the boom on Wells Fargo for what he says are serial violations of the huge foreclosure abuse settlement that Wells and four other big banks reached with federal and state regulators last year. Schneiderman's legal action reminds us what a scam that supposedly groundbreaking settlement was from the get-go. Remember that settlement? Trumpeted by the regulators as a huge victory for the consumer, it required five big banks to pay $25 billion and adhere to a long list of proper foreclosure practices.
December 14, 2012 |
Amanda Bynes has reached a settlement with the two victims of alleged hit-and-run accidents in April and August - with many but not all parties involved declaring satisfaction with the situation. The victims professed "full satisfaction" with the financial deals they'd cut through Bynes' attorney, according to E! News . And the former actress (she retired, remember , and she's rich?) was "satisfied and grateful for this outcome," her attorney told the website. Not so satisfied?
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...
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...
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.
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.
March 8, 2012 |
Mario Batali, the celebrity TV chef and owner of a string of restaurants, is often seen with actress Gwyneth Paltrow, taste-testing the culinary delights of Spain in their public television series "On the Road Again. " Batali took a detour, through his lawyers, to New York federal court in Manhattan, where he was sued and accused of cheating workers of part of their tips for serving wine. He and his associate Joseph Bastianich agreed to pay $5.25 million to settle the class-action lawsuit, according to court papers.