January 29, 2025
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 …
January 28, 2025
KuCoin, one of the world’s largest cryptocurrency exchanges, pleaded guilty on Monday to operating an unlicensed money transmitting business, and agreed to more than $297 million in fines and forfeiture, the U.S. Department of Justice said. Peken Global Ltd, which …
January 28, 2025
Holdout creditors who claim tainted baby powder gave them ovarian cancer urged a judge to reject Johnson & Johnson’s plan to force an end to all related cancer lawsuits. The proposed settlement — worth more than $8 billion — wrongly …
January 24, 2025
Bankrupt Purdue Pharma LP and members of the billionaire Sackler family agreed to pay $7.4 billion to a group of U.S. states and other parties to settle long-running litigation over OxyContin’s role in the deadly opioid epidemic. The deal comes …
January 23, 2025
Rupert Murdoch’s U.K. newspaper group apologized to Prince Harry over allegations journalists at its tabloid newspapers used unlawful information gathering, as it settled a long-running lawsuit that threatened to dredge up decades-old accusations of wrongdoing. News Group Newspapers Ltd. will …
January 22, 2025
The maker of the popular video game Genshin Impact will pay $20 million to settle claims it violated kids’ privacy and deceived players about the cost of winning sought-after prizes, the U.S. Federal Trade Commission said Friday. Singapore-based Cognosphere mishandled …
January 21, 2025
Vanguard Group will pay more than $106 million to settle U.S. Securities and Exchange Commission allegations that it made misleading statements about capital gains distributions and tax consequences to retail investors who held popular target-date retirement funds in taxable accounts. …
January 17, 2025
American Express Co. will pay about $230 million to resolve a long-running investigation into some of the firm’s prior sales practices which regulators said misled small-business owners. Amex reached agreements with federal prosecutors and the Federal Reserve to settle the …
January 16, 2025
Toyota Motor unit Hino Motors has agreed a $1.6 billion settlement with U.S. agencies and will plead guilty over excess diesel engine emissions in more than 105,000 U.S. vehicles, the company and U.S. government said on Wednesday. The Japanese truck …
January 14, 2025
Online trading firm Robinhood Markets has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over record keeping, trade reporting and other rule violations, the regulator said on Monday. Regulators found Robinhood Securities LLC and Robinhood …