settlement News
Willis Towers Watson Will Pay $120M to Settle Stanford Ponzi Scheme Suit
The insurance brokerage Willis Towers Watson Plc has agreed to pay $120 million to settle litigation accusing it of helping now-imprisoned Texas financier Allen Stanford run a $7.2 billion Ponzi ...
VW Agrees to Cover Dealers’ Diesel-Cheating Losses
Volkswagen AG agreed to pay 652 auto dealerships for their losses from the diesel-cheating scheme that's affected more than a half million cars in the U.S. The carmaker will buy back unfixable used ...
BP Deepwater Horizon Spill Liability Climbs to $61.6B
BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst offshore oil spill in U.S. history, by $5.2 billion to $61.6 billion before tax. The ...
A.M. Best, SNL Financial Settle Copyright Infringement Suit
A.M. Best Company has resolved a copyright infringement lawsuit against SNL Financial dating back to 2011. Neither side is disclosing detailed terms of the confidential settlement, which addresses ...
VW Must Fork Over $10B-Plus to Settle U.S. Emissions Scandal
Volkswagen AG will pay more than $10 billion to settle claims by nearly 500,000 owners stemming from its U.S. diesel emissions cheating scandal and fund efforts to offset pollution, three sources ...
Wells Fargo Reaches $1.2B Settlement in U.S. Govt. Mortgage Suit
Wells Fargo & Co admitted to deceiving the U.S. government into insuring thousands of risky mortgages, as it formally reached a record $1.2 billion settlement of a U.S. Department of Justice ...
GM Enters Into Confidential Settlement in Ignition-Switch Case
General Motors Co on Thursday said it had agreed to settle a lawsuit that would have been the third case to go to trial over a faulty ignition switch linked to nearly 400 injuries and deaths. In a ...
Home Depot Will Pay at Least $19.5M to Settle Data Breach Lawsuit
Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer will set up a ...