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The practice was criticized last year when the Justice Department struck a settlement with Beazer Homes USA, a home builder accused of mortgage fraud.
The former has sued other Android device makers, including HTC and Samsung; the latter has struck a settlement with HTC and is fighting Samsung in court.
Last month, the firm struck a settlement with the United States attorney's office in Manhattan, which had been investigating the Baum firm and whether, on behalf of its lender clients, it filed misleading legal papers to expedite foreclosures.
DealBook » Discover Financial Agrees to Refund $200 Million to Customers | Discover Financial Services struck a settlement with regulators after being investigated over deceptive telemarketing and sales practices, The New York Times reports.
He said the borough also struck a settlement with Starwood Heller under which the developer agreed among other things to restrict future uses at the retail center to small upscale tenants and prohibit big box retailers.
In other news, MasterCard has reportedly struck a settlement with Wal-Mart and other retailers related to its debit-card policies.
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Although Mr. Corzine could strike a settlement with the government, the motion on Tuesday could foreshadow a lengthy clash.
When problems emerged and relief was delayed, the regulators halted the review in January, opting instead to strike a settlement with the banks.
This is especially true, given that state attorneys general seem intent on striking a settlement with servicers before they have conducted a comprehensive and thorough examination of industry practices.
If the S.E.C. files a lawsuit against SAC, the hedge fund could defend itself or strike a settlement that could involve substantial financial penalties, including the disgorgement of supposed illegal trading profits.
The Securities and Exchange Commission, which is expected to cite the bank for lax controls that allowed the traders to undervalue the bets, could strike a settlement with the bank as soon as this fall.
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