3 min read
Business

Cox Communications Resolves Deceptive Pricing Lawsuit with $13 Million Settlement, Arizona AG Confirms

Arizona’s Attorney General, Mark Brnovich, has announced his approval of a $13 million settlement with Cox Communications, one of the largest internet service providers in the state. The settlement comes as a response to allegations of deceptive pricing practices by Cox, which have affected numerous consumers.

3 min read
Business

Verizon’s $100 Million Settlement: Who Qualifies for Compensation? Here’s What You Need to Know

Verizon customers who experienced unauthorized charges on their bills between April 27, 2012, and May 1, 2015, could be eligible for a share of a $100 million class action settlement. The settlement comes as a result of a lawsuit against Verizon for charges placed on customers’ bills without their authorization or consent.

3 min read
Business

McKinsey Agrees to Pay $78M Settlement in US Opioid Case, Resolving Claims from Health Insurers

Global management consulting firm McKinsey & Company has agreed to pay a settlement of $78 million to health insurers and company benefit plans in the United States. This settlement is in response to allegations that McKinsey played a role in fueling the opioid crisis in the country.

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Business

McKinsey Agrees to Pay $78 Million in US Opioid Settlement with Health Plans

Global management consulting firm, McKinsey, has reached a landmark settlement of $78 million with several health plans in the United States over its alleged role in fueling the opioid crisis. The agreement comes as the firm seeks to resolve its legal disputes and cooperate with efforts to combat the devastating impact of the opioid epidemic.

3 min read
Business

Pennsylvania Attorney General secures $20 million settlement for Android users in Google lawsuit

In a landmark victory, the Pennsylvania Attorney General’s office has announced a significant settlement of $20 million in a lawsuit against tech giant Google. This settlement addresses concerns raised by Android users regarding the company’s alleged unfair and deceptive practices. This ruling marks a step forward in ensuring consumer protection and holds Google accountable for its actions.

2 min read
Business

AG Kaul announces $700 million Google settlement | Local News | channel3000.com

Attorney General Josh Kaul has announced a landmark settlement with tech giant Google amounting to $700 million. The settlement, resulting from a multi-state investigation, addresses allegations of anti-competitive behavior and consumer privacy violations. This development marks a significant step in holding tech companies accountable for their actions and safeguarding consumer interests.

3 min read
Business

Southwest Airlines reaches $140M settlement with DOT for 2022 holiday debacle

In a major development, Southwest Airlines has agreed to pay a whopping $140 million settlement to the Department of Transportation (DOT) for the widespread disruptions and chaos that took place during the 2022 holiday season. This settlement marks a significant step towards accountability and compensation for the affected passengers who were left stranded due to the airline’s operational failures.

3 min read
Business

US court approves settlement against Binance, firm to pay $2.7B to CFTC

In a major development, a US court has given its nod to the settlement agreement between the Commodity Futures Trading Commission (CFTC) and cryptocurrency exchange Binance. The court has ordered Binance to pay a staggering $2.7 billion to the CFTC, marking one of the largest financial penalties ever imposed on a cryptocurrency firm.

3 min read
Business

SEC Adopts Rules to Improve Risk Management in Clearance and Settlement and Facilitate Additional Central Clearing for the U.S. Treasury Market

The Securities and Exchange Commission (SEC) has recently taken a significant step towards reinforcing risk management practices in clearance and settlement activities within the financial industry. These measures aim to strengthen market resilience and enhance the stability of the U.S. Treasury market. By adopting new rules, the SEC seeks to facilitate additional central clearing operations in this crucial sector.