So far damages pay-outs by NI have been restricted to direct "victims" of hacking.
Damages paid in the federal securities law case, however, would be paid to shareholders.
The university confirms that the damages paid to Segalov will be £20,000 plus legal fees.
In a statement issued by Mr Gray's lawyers, the damages paid to the ex-footballer were described as "substantial".
Morris told the high court today that damages paid to Marshall would be donated to the Rhys Jones Memorial Trust.
"People get a deduction for punitive damages paid in a lawsuit," was the response from Senator Judd Gregg of New Hampshire, the top Republican on the Budget Committee.
But BP would be allowed to take a tax deduction for damages paid, and federal agencies would control how the fine money was spent.
Both independent and captive agents receive bonuses at the end of the year based on their ratio of policies sold to damages paid.
The publisher also agreed to pay the TalkSport radio presenter's legal costs but the size of the settlement was far less than the £100,000 damages paid to actress Sienna Miller, another victim of phone hacking by the tabloid.
Based on those estimates, the damages paid out by the fund would be double the first year's losses for most of those filing claims, less any money previously paid by the fund.
The couple eventually took legal action against Express Newspapers, and in March 2008 received £550,000 in damages paid to their fund to find Madeleine and front-page apologies in the Star and Express titles.
