settlement News
PwC Settles Negligence Lawsuit Over MF Global’s 2011 Collapse
PricewaterhouseCoopers LLP has settled a $3 billion negligence lawsuit over the October 2011 collapse of MF Global Holdings Ltd, the futures and commodities brokerage once run by former New Jersey ...
Victims of Takata’s Exploding Air Bags Seek to Delay $1B Settlement
People injured by Takata Corp.'s exploding air bags asked a judge to delay approving the $1 billion settlement with the U.S. hours before the car-parts maker was due to appear in court to plead ...
DuPont, Chemours Will Fork Over $671M to Resolve Chemical Leak Lawsuits
DuPont and Chemours Co have agreed to pay $671 million in cash to settle thousands of lawsuits involving a leak of a toxic chemical used to make Teflon, the companies said on Monday. Shares of ...
BMW Will Resolve Vehicle Water Damage Lawsuit for up to $478M
German automaker BMW AG has agreed to pay up to $477.7 million to settle a class-action lawsuit covering about 318,000 U.S. luxury car owners who may have suffered water damage harming electrical ...
Volkswagen Will Pay $1.2B to Resolve U.S. Consumer Diesel Engine Claims
Volkswagen AG agreed to pay $1.2 billion to resolve U.S. consumer claims over tainted large diesel engines, adding to the carmaker's financial burden as it works through a pile of legal challenges ...
Uber Agrees to Fork Over $20M to Settle FTC Suit Over Driver Pay
Uber Technologies Inc. agreed to pay $20 million to settle a U.S. Federal Trade Commission lawsuit over driver compensation claims and its auto leasing program. The FTC sued the San Francisco-based ...
Credit Suisse Will Pay $5.3B to Settle U.S. Mortgage Case
Credit Suisse has formally agreed to pay $5.3 billion to settle with U.S. authorities over claims it misled investors in residential mortgage-backed securities it sold in the run-up to the 2008 ...
Wells Fargo Settles Racial Bias Broker Lawsuit
Wells Fargo & Co. settled a dispute with a group of black brokers claiming the bank failed to give them the same career opportunities as their white colleagues. The bank will pay $35 million to ...