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SoftBank To Give WeWork"s Adam Neumann Extra $50M As Part of Settlement Deal

WeWork’s co-founder Adam Neumann is set to benefit from a $50 million bonanza along with other benefits as a part of a settlement agreement with SoftBank Group Corp (OTC: SFTBY), the Wall Street Journal read more.....»»

Category: blogSource: benzingaFeb 25th, 2021

Athene pays $45 million fine in first settlement of New York pension transfer probe

Athene Holding Ltd agreed on Monday to pay a $45 million civil fine to settle charges it conducted insurance business in New York without a license, the first settlement in a probe into an industry where life insurers take over corporate pension plans......»»

Category: topSource: reutersApr 13th, 2020

Key Words: Media mogul David Geffen observes a sunset from his $400 million superyacht, as coronavirus ravages his native New York: ‘I’m hoping everybody is staying safe’

If ever there were doubts about how the superaffluent are faring amid a pandemic for the ages, media mogul David Geffen wants to make it abundantly clear that, for his part, he’s doing just fine — and he wishes us all the best......»»

Category: topSource: marketwatchMar 29th, 2020

Key Words: As coronavirus ravages his native New York, media mogul David Geffen observes a sunset from his $400 million superyacht: ‘I’m hoping everybody is staying safe’

If ever there was a doubt about how the uber affluent are faring amid a pandemic for the ages, billionaire David Geffen wants to make it abundantly clear that, for his part, he’s doing just fine — and he wishes us all the best......»»

Category: topSource: marketwatchMar 28th, 2020

Apple to pay up to $500 million as part of throttling settlement

According to court documents, Apple agreed to settle to avoid litigation and court costs. Apple would pay U.S. customers as much as $25 per iPhone......»»

Category: topSource: moneycentralMar 2nd, 2020

Wells Fargo fined $35 million in SEC settlement over investment advice

The fine comes as Wells Fargo struggles to repair its image after admitting to consumer abuses. The company reached a $3 billion settlement with the Justice Department and the SEC last week for opening millions of accounts without customers’ consent......»»

Category: topSource: washpostFeb 27th, 2020

Record $4 billion Airbus fine draws line under "pervasive" bribery

Airbus bribed public officials and hid the payments as part of a pattern of worldwide corruption, prosecutors said on Friday as the European planemaker agreed a record $4 billion settlement with France, Britain and the United States......»»

Category: topSource: reutersJan 31st, 2020

USA Gymnastics offered to pay Larry Nassar survivors an estimated $250,000 each — their attorney says the settlement is "DOA"

AP Photo/Paul Sancya On Thursday, USA Gymnastics offered to pay Larry Nassar survivors $215 million as a part of a plan to emerge out of bankruptcy.  The USA Gymnastics settlement.....»»

Category: topSource: businessinsiderJan 31st, 2020

Bribery allegations exposed as Airbus agrees to pay record $4 billion fine

European planemaker Airbus bribed public officials and hid the payments as part of a pattern of corruption that led to a record $4 billion bribery settlement with France, Britain and the United States, French prosecutors said on Friday......»»

Category: topSource: reutersJan 31st, 2020

Wells Fargo former CEO John Stumpf fined $17.5 million, banned for life from banking

Wells Fargo former Chairman and CEO John Stumpf has agreed to pay a fine of $17.5 million and accept a lifetime ban from the banking industry in a settlement the Office of the Comptroller of the Currency announced Thursday. Two other former C-sui.....»»

Category: topSource: bizjournalsJan 24th, 2020

Wells Fargo former CEO John Stumpf fined $17.5M, banned for life from banking

Wells Fargo & Co.'s former Chairman and CEO John Stumpf has agreed to pay a fine of $17.5 million and accept a lifetime ban from the banking industry in a settlement the Office of the Comptroller of the Currency announced Thursday. Two other former.....»»

Category: topSource: bizjournalsJan 23rd, 2020

Former Wells Fargo CEO John Stumpf fined $17.5M, banned for life from banking

Wells Fargo former Chairman and CEO John Stumpf has agreed to pay a fine of $17.5 million and accept a lifetime ban from the banking industry in a settlement the Office of the Comptroller of the Currency announced Thursday. Two other former C-sui.....»»

Category: topSource: bizjournalsJan 23rd, 2020

CNN agrees to record $76M settlement over labor dispute

CNN has agreed to pay $76 million in backpay as part of a record settlement with the federal labor boar.....»»

Category: topSource: moneycentralJan 10th, 2020

Nashville General part of $120 million drug settlement

In a class-action lawsuit led by Nashville General Hospital, a pharmaceutical company and its distributor have agreed to pay $120 million to settle claims of price fixing, among other accusations. New Jersey-based distributor Sandoz Inc. will pay $.....»»

Category: topSource: bizjournalsDec 24th, 2019

Volkswagen takes one-two punch in Australia with fine, lawsuit

Volkswagen AG took two raps in Australia on Friday as a court slapped a A$125 million ($86 million) fine on the German car maker as part of a global emissions cheating scandal and a regulator launched a civil lawsuit against a unit......»»

Category: topSource: reutersDec 20th, 2019

Uber is paying $4.4 million to settle federal charges that workers experienced a "culture of sexual harassment and retaliation" (UBER)

Drew Angerer/Getty Images Uber will pay $4.4 million into a fund to compensate employees who suffered sexual harassment while working at the company. The payment is part of a settlement by Uber that resolves sex discrimination charges bro.....»»

Category: topSource: businessinsiderDec 18th, 2019

In or out?: Millions of Arizonans affected by Equifax breach must decide now

WASHINGTON – As many as 3 million Arizonans whose personal data may have been exposed in a 2017 data breach have to decide by Nov. 19 whether to be part of a settlement with Equifax for that breach. They can opt out of the settlement now and res.....»»

Category: topSource: bizjournalsNov 18th, 2019

Lumber Liquidators discloses $30 million settlement of class-action suit over bamboo flooring

Lumber Liquidators Holdings Inc. disclosed Wednesday it will pay up to $30 million as part of a settl.....»»

Category: topSource: marketwatchOct 2nd, 2019

Mallinckrodt stock surges after agreement to pay $24 million to Ohio counties as part of opioid litigation settlement

Shares of Mallinckrodt PLC surged 4% in premarket trading Monday, after the.....»»

Category: topSource: marketwatchSep 30th, 2019

Mallinckrodt to pay $24 million to Ohio counties as part of opioid litigation settlement

Mallinckrodt PLC said Monday it reached a settlement agreeme.....»»

Category: topSource: marketwatchSep 30th, 2019