Settlement News

Engineering Company Settles Flint Water Lawsuits for $53M

An engineering company said it has agreed to pay $53 million to settle all remaining lawsuits that alleged some blame for lead-contaminated water in Flint, Michigan, a decade ago. The deal by Veolia North America and Flint residents comes on …

Four Big Banks Fined $132M for Sharing UK Bond Market Information

Britain’s competition regulator has fined, HSBC, Morgan Stanley and Royal Bank of Canada a combined 104.5 million pounds ($132.4 million) for exchanging sensitive information about U.K. government bonds. The Competition and Markets Authority (CMA) said on Friday that it had …

Mastercard Wins UK Court Nod for $253M Deal to End $12B Class Action Claim

Mastercard Inc. won a London court’s approval for the £200 million ($253 million) agreed to pay to end a high-profile class action over the fees it charges, which was initially estimated to be worth more than £10 billion ($12.6 billion). …

J&J Begins Crucial Battle Over $10 Billion Baby Powder Settlement

Johnson & Johnson faces a critical test on Tuesday over its $10 billion proposal to end litigation alleging that its baby powder caused ovarian cancer, as it tries to convince a judge to sign off on its third attempt to …

Musk’s X Agrees to Pay $10M to Settle Trump Suit, WSJ Reports

Elon Musk’s social media platform X has agreed to pay about $10 million to settle a lawsuit that U.S. President Donald Trump brought against the company and its former chief executive, the Wall Street Journal reported on Wednesday. Trump’s team …

Hawaiian Electric Welcomes Top Court’s Ruling on $4B Wildfire Settlement

Utility company Hawaiian Electric on Tuesday welcomed the Hawaii Supreme Court’s decision towards finalizing the more than $4 billion settlement related to the 2023 Maui wildfires saying it was favorable to the company. The state’s top court had ruled against …

Judge Blocks Sandy Hook Families’ Settlement in Alex Jones’ Bankruptcy

A U.S. bankruptcy judge on Wednesday blocked a settlement between families who have sued Alex Jones over his false claims about the 2012 Sandy Hook Elementary School mass shooting, saying their attempt to divide the bankrupt conspiracy theorist’s assets exceeded …

US Could Seek More Than $1B From J&J for Cancer Treatment Costs

The U.S. Department of Health & Human Services may seek over $1 billion from Johnson & Johnson as reimbursement for federal health agencies’ payments of medical costs for patients who allege that the company’s baby powder and other talc products …

Meta to Pay $25 Million to End Trump Lawsuit Over Jan. 6 Ban

Meta Platforms Inc. agreed to pay $25 million to resolve Donald Trump’s claims that his ban from the company’s social media networks after the Jan. 6, 2021, riot at the U.S. Capitol was illegal censorship, a lawyer for the president …

Auto Tech Firm CDK Reaches $630 Million Settlement in US Dealer Data Case

Automotive technology giant CDK Global has agreed to pay $630 million to settle antitrust claims that it caused hundreds of software vendors to overpay for vehicle dealership data by restricting access. The proposed settlement, filed on Monday night in a …