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But none of these claims was substantiated; indeed, the settlement did not even lay out specific allegations against the banks.Lenders were careful to limit their post-settlement comments.
Mr. Grunewald said he was constrained until June 2, under the terms of the settlement, from commenting publicly.
The five banks in the settlement declined to comment.
The university, which was not mentioned in the settlement announcement, declined comment.
A spokesman for JPMorgan, which is not involved in the settlement, declined to comment.
The other parties refused to disclose terms of the settlement or to comment on the case.
If Creative isn't getting a perk or two out of this settlement, Hoo's comment describing the deal as "amicable," would sound strangely docile for the man who once declared an MP3 player war against Apple with a $100 million marketing campaign and called the iPod Shuffle "worse than the cheapest Chinese player".
During the standard 60-day comment period on the proposed settlement, the Justice Department received 868 comments, it said on Monday.
Schering-Plough announced the S.E.C. settlement but did not comment on it.
A Tyco spokesman said the company was pleased with the settlement but declined to comment further.
Linda Dozoretz, a spokeswoman for IMG, confirmed the settlement but declined to comment on the $11 million figure.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com