Tag Archives: settlement

AT&T to pay $60 million in settlement for slowing cellphone data on unlimited plans

AT&T to pay $  60 million in settlement for slowing cellphone data on unlimited plansAT&T will pay $ 60 million to resolve U.S. allegations it misled millions of smartphone customers by charging them for “unlimited” data plans that reduced data speeds if they used too much, the Federal Trade Commission (FTC) said on Tuesday. As part of the settlement of the 2014 complaint, AT&T is also prohibited from making any representation about the speed or amount of its mobile data without also disclosing any material restrictions on the data. AT&T issued a brief statement acknowledging that it had reached a settlement with the FTC.



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Purdue's proposed settlement could be in trouble after it was revealed how much Sacklers profited

Purdue's proposed settlement could be in trouble after it was revealed how much Sacklers profitedIt's becoming a little clearer just how much cash the Sackler family raked in from their ownership of Purdue Pharma, the pharmaceutical giant known for making OxyContin and allegedly playing a major role in the opioid epidemic plaguing the United States.Bankruptcy court filings revealed that Purdue reportedly sent $ 12 billion or $ 13 billion in profits to the Sacklers, The Wall Street Journal reports, though it's not clear what years the distribution covered.The figure is relevant as some states, cities, and tribes are looking to settle lawsuits with Purdue, which has been accused of fueling the opioid crisis through its marketing of OxyContin, while others argue the Sacklers should contribute more than they have agreed to so far. Purdue and the Sacklers deny the allegations about their role in the crisis, but they tentatively struck a deal with some states and local governments, in which the Sacklers would contribute $ 3 billion toward a potentially $ 12 billion total settlement.The recent revelations are likely to "bolster resistance" to the settlement, however, the Journal reports. "The Sackler family is trying to take advantage of the fact that they've extracted nearly all the money out of Purdue and pushed the carcass of the company into bankruptcy," North Carolina Attorney General Josh Stein said Friday. "That's unacceptable." Read more at The Wall Street Journal.



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OxyContin maker Purdue Pharma files for bankruptcy as part of opioids settlement

OxyContin maker Purdue Pharma files for bankruptcy as part of opioids settlementOxyContin maker Purdue Pharma filed for bankruptcy protection Sunday, days after reaching a tentative settlement with many state and local governments



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Longest-ever wrongfully imprisoned woman in US history gets $3m in lawsuit settlement

Longest-ever wrongfully imprisoned woman in US history gets $  3m in lawsuit settlementA woman who spent 35 years in prison for a murder she didn’t commit has been awarded $ 3m (£2.5m) as a partial settlement in her civil rights case, according to her lawyers.Cathy Woods, 68, was released from prison in 2015 after she was exonerated due to new DNA evidence found on a cigarette stub.



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OxyContin maker Purdue Pharma reportedly offering opioid settlement up to $12B

OxyContin maker Purdue Pharma reportedly offering opioid settlement up to $  12BOxyContin maker Purdue Pharma is reportedly offering a settlement worth up to $ 12 billion to resolve claims over its role in the opioid crisis.



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Israel moves to name Golan settlement after Trump

Israel moves to name Golan settlement after TrumpNow it is the namesake of a tiny Israeli settlement in the Israel-controlled Golan Heights. Israeli Prime Minister Benjamin Netanyahu’s Cabinet convened in this hamlet Sunday to inaugurate a new settlement named after President Donald Trump in a gesture of appreciation for the U.S. leader’s recognition of Israeli sovereignty over the territory.



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Musk's lawyers say tweet complied with SEC fraud settlement

Musk's lawyers say tweet complied with SEC fraud settlementDETROIT (AP) — Tesla CEO Elon Musk should not be found in contempt of court because he has complied with the terms of a securities fraud settlement, his attorneys wrote in documents filed Monday night with the U.S. District Court in Manhattan.



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Striking teachers in LA reach tentative settlement with district

Striking teachers in LA reach tentative settlement with districtLos Angeles public school teachers reached a tentative settlement with school officials Tuesday in order to end a weeklong strike that has affected some 500,000 students. The settlement — reached after 21 hours of marathon talks that ended early Tuesday — was set to be voted on by the roughly 30,000 members of the teachers union later in the day and classes are due to resume on Wednesday. “The strike nobody wanted is now behind us,” Los Angeles United School District superintendent Austin Beutner said at a joint press conference with Los Angeles Mayor Eric Garcetti and Alex Caputo-Pearl, the president of United Teachers Los Angeles.



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Fiat Chrysler agrees to $800 million U.S. diesel-emissions settlement

Fiat Chrysler agrees to $  800 million U.S. diesel-emissions settlementFiat Chrysler Automobiles NV has agreed to a settlement worth about $ 800 million to resolve claims from the U.S. Justice Department and state of California that it used illegal software that produced false results on diesel-emissions tests, but still faces an ongoing criminal probe. The hefty penalty is the latest fallout from the U.S. government’s stepped-up enforcement of vehicle emissions rules after Volkswagen AG admitted in September 2015 to intentionally evading emissions rules. The Fiat Chrysler settlement includes $ 311 million in total civil penalties to U.S. and California regulators, up to $ 280 million to resolve claims from diesel owners, and extended warranties worth $ 105 million.



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Shooting near West Bank settlement kills at least 2 Israelis

Shooting near West Bank settlement kills at least 2 IsraelisJERUSALEM (AP) — A Palestinian gunman got out of a car and opened fire at a bus stop outside a West Bank settlement on Thursday, killing two Israeli soldiers before speeding away, the Israeli military said.



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