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REUTERS Blackstone Agrees to Settlement Over Its I.P.O.
REUTERS Ellison Agrees to Settlement Over Acquisition of Pillar Data Systems | Larry Ellison, the chief executive of Oracle, "has agreed to give up a potential payout of around $500 million to settle accusations of a conflict of interest in the 2011 acquisition by Oracle of a company he controlled, according to court documents," Reuters reports.
A14 NEW YORK/REGION B1-10 CSX Agrees to Settlement Over Broken Signals New York's attorney general, Eliot Spitzer, said the railroad giant CSX Transportation had agreed to pay $1 million to settle state charges that it violated safety laws by failing to promptly fix and report hundreds of warning-signal malfunctions at grade crossings.
Sony BMG Agrees to Settlement Over Radio Promotion Practices Eliot Spitzer, the New York attorney general, announced a settlement with Sony BMG as part of what he called a broad effort by the recording industry to curry favor with radio station programmers in exchange for their promises to play specific songs.
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The cases led to settlements over sales and accounting practices with insurers including American International and Travelers, and brokers including Aon and Willis Group Holdings, all named in the customer lawsuit.
Evaluative mediation is virtually identical to settlement conferences presided over by judges.
Early last year, five banks signed on to the settlement over their use of mass-produced, faulty documents to evict homeowners.
new york times HSBC Said to Approach Settlement Over Money Laundering | The Wall Street Journal reports: "The Justice Department and HSBC Holdings are accelerating settlement talks to resolve a criminal probe into laundering of drug-cartel and other money, according to people familiar with the investigation.
The bank also said it was close to a settlement over sales of mortgage-backed bonds.
See articleBP and the authorities in America were close to a settlement over the energy company's criminal liability for the Gulf of Mexico oil spill in 2010.
Walt Disney's Lucasfilm and Pixar – previously headed by Jobs – and the software company Intuit agreed to a settlement over the same hiring practice allegations last July, with Disney paying about $9m and Intuit $11m.
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