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Under Armour paying $9M for SEC probe resolution
Under Armour Inc. agreed to pay $9 million to settle regulatory claims that it failed to disclose that it was pulling forward orders from future quarters, a practice that allowed it to meet Wall Street's revenue estimates......»»
The Wall Street Journal: Cryptocurrency firms Bitfinex, Tether settle New York AG’s probe for $18.5 million
The New York attorney general’s office settled Tuesday a nearly two-year investigation into the finances and corporate practices of the companies that operates the Bitfinex cryptocurrency exchange and the stablecoin tether......»»
The Wall Street Journal: McKinsey reaches $573 million settlement with states over its work to boost OxyContin sales
Consulting giant McKinsey & Co. has reached a $573 million settlement with states over its work advising OxyContin maker Purdue Pharma LP and other drug manufacturers to aggressively market opioid painkillers, according to people familiar with the matter......»»
The Wall Street Journal: McDonald’s settles $26 million labor dispute
The fast food giant faced allegations that it underpaid some of its U.S. staff......»»
McKesson, Cardinal Health, AmerisourceBergen stocks surge after WSJ report of $18 billion settlement talks
Shares of McKesson Corp. rallied 5.7% in midday trading Wednesday, enough to pace all of its larger-capitalization health care peers, after The Wall Street Journal reported that the drug distributor, and two others, were in talks.....»»
The Wall Street Journal: Insys files for Chapter 11 days after settling opioid case
Specialty-pharmaceutical company Insys Therapeutics Inc. filed for chapter 11 bankruptcy with plans to sell its assets, just days after agreeing to pay $225 million to settle federal charges over sales of its opioid drug Subsys......»»
The Wall Street Journal: Ripple effect from 737 Max’s grounding weighs on Boeing suppliers
Reliant on Boeing orders, executives of the 600-plus companies that supply more than 3 million parts to make the beleaguered jet are bracing for potential changes to production levels should the aircraft remain grounded beyond the summer......»»
The Wall Street Journal: FDA orders makers of women’s surgical mesh to stop selling the products
The U.S. Food and Drug Administration ordered the two makers of surgical mesh for women’s pelvic repair to take their products off the market, responding to years of complaints about pain, bleeding and scarring from the devices......»»
The Wall Street Journal: Fox News settles discrimination lawsuits for around $10 million
Fox News and its parent company 21st Century Fox said they have reached settlements with 18 former employees of the news channel who had filed lawsuits that included allegations of racial and gender discrimination......»»
The Wall Street Journal: Johnny Depp settles $25 million lawsuit against former business managers
Johnny Depp has settled a bitter legal dispute with his former business managers, the actor said Monday, a move that allows him to avoid a public and potentially embarrassing trial over how he has lost much of his Hollywood fortune......»»
The Wall Street Journal: Merrill Lynch settles SEC conflict-of-interest charges for $8.9 million
Merrill Lynch will pay $8.9 million to settle charges it failed to disclose a conflict of interest, the Securities and Exchange Commission said Monday......»»
Former SeaWorld CEO Settles Claim He Misled Investors - Wall Street Journal
Wall Street JournalFormer SeaWorld CEO Settles Claim He Misled InvestorsWall Street JournalThe former chief executive of SeaWorld Entertainment Inc. will pay more than $1 million t.....»»
The Wall Street Journal: Diocese of Brooklyn settles sex-abuse case totalling $27.5 million
Four men who claimed they were abused b.....»»
The Wall Street Journal: HSBC pays $765 million to settle Justice Dept. probe into mortgage-backed securities
HSBC Holdings PLC will pay $765 million to settle Justice Department claims that it willfully covered up risks associated with residential-mortgage products in the run-up to the last housing-market downturn......»»
The Wall Street Journal: More than 700,000 Charter cable subscribers will get payout as part of $174.2 million settlement
Charter Communications Inc. will pay more than $174 million as part of a settlement following a probe by the New York state attorney general into the quality of service provided to customers......»»
The Wall Street Journal: Plantronics settles unit’s foreign-bribery allegations for $36 million
Plantronics Inc. on Wednesday settled U.S. allegations of foreign-bribery violations at its Polycom unit, agreeing to pay $36 million in penalties while authorities declined to bring charges......»»
Goldman Will Withhold $14 Million Bonus From Blankfein Until 1MDB Probe Ends
Since the Wall Street Journal first ex.....»»
The Wall Street Journal: Emergent CEO says company made over 100 million doses of J&J vaccine, apologizes for contaminated batch
Emergent BioSolutions Inc. has made enough of a key ingredient to yield more than 100 million doses of Johnson & Johnson’s Covid-19 vaccine, and federal health regulators are evaluating whether to release the shots, Emergent’s chief executive said......»»
Bill Gates reportedly transferred another $850 million in shares to Melinda, taking total transfers since their divorce to nearly $4 billion
Bill Gates transferred $850 million in Deere stock to Melinda French Gates, the Wall Street Journal reported - about 7% of his stake in the co.....»»
The Wall Street Journal: GameStop’s outgoing CEO will walk away with millions
It is a lucrative time to be leaving GameStop Corp.’s C-suite as the run-up in the videogame retailer’s share price has enabled four executives to depart with vested stock now valued at roughly $290 million......»»