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Apple Files $53 Million Settlement over Water Damage Policy

Apple Files $53 Million Settlement over Water Damage Policy

DON EMMERT/AFP/Getty Images(CUPERTINO, Calif.) — Apple Inc. has filed a $53 million preliminary class settlement agreement in Santa Clara County Superior Court in California, potentially allowing $200 refunds to iPhone and iPod Touch customers who cla…

Will Judge Go Rogue, Reject DOJ Settlement with HSBC?

Will Judge Go Rogue, Reject DOJ Settlement with HSBC?

Simon Dawson/Bloomberg via Getty Images(NEW YORK) — There could be a hitch in the Justice Department’s controversial decision not to prosecute Europe’s largest bank over allegations it laundered money for Mexican drug gangs, rogue states and terrorist…

Banks Reach $8.5B Settlement with Regulators on Foreclosure Abuses

Banks Reach $8.5B Settlement with Regulators on Foreclosure Abuses

Hemera/Thinkstock(NEW YORK) — Ten banks have reached an $8.5 billion foreclosure abuse settlement with regulators.  This is not the first or the biggest of such settlements, but another in a series of settlements and lawsuits coming out of the no…

Toyota Agrees to $1 Billion Settlement in Acceleration Case

Toyota Agrees to $1 Billion Settlement in Acceleration Case

TED ALJIBE/AFP/Getty Images(NEW YORK) — Toyota has agreed to pay more than $1 billion to customers to settle a class-action lawsuit that alleged its vehicles accelerated dangerously and without warning, according to statements by the carmaker and the …

Is HSBC Too Big to Prosecute?

Is HSBC Too Big to Prosecute?

Simon Dawson/Bloomberg via Getty Images(NEW YORK) — Europe’s largest bank will avoid a potentially crippling criminal prosecution for its role in moving cash for known terror groups, Mexican drug cartels and rogue governments such as Iran, instead agr…

BP Agrees to $4.5 Billion Gulf Spill Settlement; Three Former Employees Charged

BP Agrees to $4.5 Billion Gulf Spill Settlement; Three Former Employees Charged

PRNewsFoto(WASHINGTON) — The Justice Department announced manslaughter charges Thursday against two BP officials involved in the 2010 Gulf of Mexico oil spill, in which negligence by well site managers on the Deepwater Horizon drilling ship allegedly …

Botched Wisdom Tooth Extraction Patient Receives $9.8 Million from Jury

Botched Wisdom Tooth Extraction Patient Receives $9.8 Million from Jury

Design Pics/Thinkstock(WHITE PLAINS, N.Y.) — On Friday, a White Plains jury awarded the staggering sum of $9.8 million to a man, 49, who suffered sustained injuries due to a botched wisdom tooth extraction. According to the plaintiff, he went to Dr. W…

Patti LaBelle May Not Pay Planned Settlement, Victim’s Lawyer Says

Patti LaBelle May Not Pay Planned Settlement, Victim’s Lawyer Says

Kris Connor/Getty Images(NEW YORK) — Patti LaBelle reached an out-of-court settlement this week with a New York woman and her 17-month-old daughter who she is accused of verbally abusing in a Manhattan apartment building. The soul singer agreed to pay…

Journey Guitarist, Tareq Salahi Settle Lawsuit

Journey Guitarist, Tareq Salahi Settle Lawsuit

Paul Archuleta/FilmMagic(NEW YORK) — Journey guitarist Neal Schon has settled his ongoing legal battle with Tareq Salahi, who sued the musician for $50 million after his wife Michaele left him for Schon.Though the case had twice been dismissed by a Vi…

JPMorgan Chase to Pay $100M for Hiking Credit Card Fees

JPMorgan Chase to Pay $100M for Hiking Credit Card Fees

Peter Foley/Bloomberg via Getty Images(SAN FRANCISCO) — Under a court settlement filed this week in San Francisco, JPMorgan Chase will pay $100 million to credit card holders who saw their minimum monthly payments hiked from 2 percent to 5 percent bet…

Credit Card Settlement May Not Help Consumers

Credit Card Settlement May Not Help Consumers

Comstock/Thinkstock(NEW YORK) — There’s one thing plenty of people agree on about the new $7.25 billion settlement reached between big banks and retailers on credit card swipe fees: They don’t like it.”People on both sides of the issue are disappointe…

Tom Cruise and Katie Holmes Agree on Divorce Settlement

Tom Cruise and Katie Holmes Agree on Divorce Settlement

Europa Press/Getty Images(NEW YORK) — Tom Cruise and Katie Holmes have privately settled their divorce, just ten days after Holmes announced she was divorcing her husband of nearly six years. The settlement reportedly includes an agreement on custody …

Feds: GlaxoSmithKline to Pay $3B for Illegally Marketing Drugs

Feds: GlaxoSmithKline to Pay $3B for Illegally Marketing Drugs

GLAXOSMITHKLINE/AFP/Getty Images(WASHINGTON) — Heathcare giant GlaxoSmithKline has agreed to an unprecedented $3 billion settlement with the U.S. government over allegations that the company advertised drugs for uses not approved by the Food and Drug …

Feds: GlaxoSmithKline to Pay $3B for Illegally Marketing Drugs

Feds: GlaxoSmithKline to Pay $3B for Illegally Marketing Drugs

GLAXOSMITHKLINE/AFP/Getty Images(WASHINGTON) — Heathcare giant GlaxoSmithKline has agreed to an unprecedented $3 billion settlement with the U.S. government over allegations that the company advertised drugs for uses not approved by the Food and Drug …

Apple Settles with Chinese Company over iPad Trademark Rights

Apple Settles with Chinese Company over iPad Trademark Rights

David Paul Morris/Bloomberg via Getty Images(NEW YORK) — Apple has finally settled its two-year legal battle with Proview International for ownership of the “iPad” name in China. The two had been embroiled in a tangled web of lawsuits and …

Lindsay Lohan Settles Civil Case over Car Chase

Lindsay Lohan Settles Civil Case over Car Chase

Kevork Djansezian/Getty Images(LOS ANGELES) — Lindsay Lohan has settled a civil lawsuit filed by three men she took on a high-speed chase in an SUV in 2007, according to E! Online. Lohan commandeered a vehicle with Dante Nigro, Jakon Sutter and Ronnie…

US, UK Reach Settlement with Barclays over Interest Rate Manipulation

US, UK Reach Settlement with Barclays over Interest Rate Manipulation

Bruno Vincent/Getty Images(NEW YORK) — Regulators in the U.S. and U.K. have reached a settlement with Barclays, the world’s third largest bank, over allegations that it tried to manipulate worldwide interest rates for its own financial gain, ABC…

"The Bachelor" Producers Settle Lawsuit Against Head of Reality TV Site

"The Bachelor" Producers Settle Lawsuit Against Head of Reality TV Site

Hemera/Thinkstock(LOS ANGELES) — Producers of The Bachelor have settled a lawsuit filed last December against a man who they claimed tried to obtain spoilers from contestants and staff members, according to The Hollywood Reporter.The complaint alleged…

"Transformers: Dark of the Moon" Extra Receives $18.5M Settlement

"Transformers: Dark of the Moon" Extra Receives $18.5M Settlement

iStockphoto/Thinkstock(CHICAGO) — An extra who was severely injured while working on the most recent Transformers movie will receive an $18.5 million settlement, according to the Chicago Sun-Times.Gabriella Cedillo was involved in an accident while dr…

Lindsay Lohan Settles Lawsuit with Former Betty Ford Center Employee

Lindsay Lohan Settles Lawsuit with Former Betty Ford Center Employee

Toby Canham/Getty Images(LOS ANGELES) — Lindsay Lohan has reportedly settled a lawsuit brought by a then-employee at the Betty Ford Center over a scuffle they had while the actress was rehabbing there in late 2010.Dawn Holland had alleged Lohan grabbe…

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