Settlement News

Aerospace Firm AAR Settles US Bribery Charges for $55M

Global aerospace company AAR Corp. has agreed to pay more than $55 million to resolve allegations of bribing Nepalese and South African public officials, the U.S. Securities and Exchange Commission said on Thursday. The amount involved settlements with the SEC …

American Airlines Settles Race Discrimination Suit by Black Men Removed From Flight

American Airlines has agreed to settle a race discrimination lawsuit by three Black men who were temporarily removed from a flight at the insistence of white flight attendants, according to a court filing on Thursday. The terms of the agreement …

Grubhub to Pay $25M for Misleading Customers, Restaurants, Drivers

Grubhub settled with the U.S. Federal Trade Commission and Illinois Attorney General Kwame Raoul on Tuesday for allegedly misleading customers about order fees, adding restaurants to its platform without their consent and deceiving drivers about pay. The settlement requires Grubhub …

Meta Settles with Australia’s Privacy Watchdog Over Cambridge Analytica Suit

Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia’s privacy watchdog said on Tuesday, closing long-drawn, expensive legal proceedings for the Facebook parent over the Cambridge Analytica scandal. The Office of the Australian Information Commissioner had alleged …

Becton Dickinson to Pay $175 Million to Settle SEC Probe

Becton, Dickinson & Co. has agreed to a $175 million fine over Securities and Exchange Commission claims it repeatedly misled investors about one of its most important products. The regulator said Becton Dickinson was aware an infusion pump it manufactured …

Shell, Greenpeace Settle Lawsuit Over Vessel Boarding

Shell Plc and Greenpeace reached an out-of-court settlement over a legal dispute that centered on climate activists boarding and occupying a Shell offshore vessel in the U.K. North Sea for 13 days. The London-based oil giant was claiming damages from …

Settlement Offers $9M to Nursing Home Residents Kept in Warehouse During Hurricane

Some of the elderly residents of seven Louisiana nursing homes who were sent in 2021 to ride out Hurricane Ida in a crowded, ill-equipped warehouse are being offered shares of a nearly $9 million settlement after they sued. Retired state …

Barclays Reaches $19.5M Settlement Over Debt Sale Blunder

Barclays agreed to pay $19.5 million to settle a lawsuit in Manhattan by shareholders who accused the British bank of securities fraud after it sold $17.7 billion more debt than regulators allowed. A preliminary settlement of the proposed class action …

FTC Settles With Data Brokers That Sold Political, Pregnancy Info

Two consumer data brokers that sold information used to track individuals’ religious and political beliefs, pregnancy status and more agreed to stop using data on visits to sensitive locations, the U.S. Federal Trade Commission said on Tuesday. The FTC accused …

Mastercard Reaches ‘Agreement in Principle’ to Settle Mass UK Fees Case

Mastercard has reached an agreement in principle to settle a collective London lawsuit brought on behalf of British consumers over card fees, it said on Tuesday. The global payments processor was facing a lawsuit brought by consumer champion Walter Merricks …