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ING to pay $900 million to settle Dutch money laundering case

Dutch bank ING Groep NV will pay 775 million euros ($900 million) in a settlement with prosecutors, who accused its financial controls of being so poor that customers were able to easily launder money.
Reuters India

Rising costs and U.S. settlement crimp HSBC's first-half profit

By Alun John and Lawrence White HONG KONG/LONDON (Reuters) - HSBC Holdings Plc posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and a..
Firstpost Also reported by •Reuters India

Videos for "Million Settlement"

Brooklyn Diocese Reaches Historic Settlement In Sexual Abuse Cases Against Teacher [Video]Brooklyn Diocese Reaches Historic Settlement In Sexual Abuse Cases Against Teacher

The Brooklyn Diocese has reached a historic $27.5 million settlement over sexual abuse allegations against one former teacher. CBS2's Jenna DeAngelis reports from Clinton Hill.

CBS 2 New York -   01:44

Historic Church Sex Abuse Settlement [Video]Historic Church Sex Abuse Settlement

The Brooklyn Diocese has reached a historic $27.5 million settlement over sexual abuse allegations against one former teacher. CBS2's Jenna DeAngelis reports from Clinton Hill.

CBS 2 New York -   01:33

Brooklyn Diocese Reaches Historic Settlement [Video]Brooklyn Diocese Reaches Historic Settlement

The Brooklyn Diocese will pay a nearly $28 million settlement over sexual abuse allegations against one former CCD teacher. CBS2’s Jenna DeAngelis has the details from Clinton Hill.

CBS 2 New York -   01:37

Brooklyn Diocese to Pay $27.5 Million Sex Abuse Settlement [Video]Brooklyn Diocese to Pay $27.5 Million Sex Abuse Settlement

Lawyers say its one of the largest settlements ever awarded to individual abuse survivors within the Catholic Church.

Newsy Studio -   01:06

Brooklyn Diocese Agrees To Sex Abuse Settlement [Video]Brooklyn Diocese Agrees To Sex Abuse Settlement

The Brooklyn Diocese has agreed to a $27.5 million settlement with four victims of sexual abuse while in the church.

WLNY CBS NY -   00:37

Settlement Reached In Muslim Workers Fired From Cargill Plant [Video]Settlement Reached In Muslim Workers Fired From Cargill Plant

The meatpacking plant will pay $1.5 million in the settlement.

CBS 4 Denver -   00:19

 

Reliance Communications, Sweden's Ericsson reach $80 million settlement

In May, India`s bankruptcy court admitted a plea by Ericsson seeking insolvency resolution against RCom over unpaid service dues.
Zee News Also reported by •Reuters India

Wipro pays $75 million to US energy utility to settle suit

Wipro has effected a $75-million settlement with its decade-old customer National Grid for release of all claims under a lawsuit the latter filed in a New York district court against the firm in 2017...
IndiaTimes

Queens Park Rangers reach $55 million settlement with English Football League over financial fair play

Queens Park Rangers, a club owned by Tony Fernandes and Lakshmi Mittal, has reached an agreement with the English Football League over FFP violations.
Firstpost

Sacha Baron Cohen unveils Donald Trump-related project

With a spoof presidential message to mark the occasion of the 4th of July, Independence Day, Sacha Baron Cohen announced his new project. It would seem that Cohen, who crossed paths with Trump..
DNA

Ex-officials in gymnastics sex abuse scandal to face US Senate on Tuesday

The heads of Michigan State University and USA Gymnastics, who resigned in the wake of a sex abuse scandal involving a former doctor at their organizations, could face tough questions when they appear..
DNA

Nassar sex abuse victims, university reach $500 million settlement - attorneys

(Reuters) - Sexual abuse victims of disgraced gymnastics Dr. Larry Nassar and Michigan State University have reached a settlement in principle in which the university will pay $500 million, attorneys..
Reuters India

United States: JP Morgan Chase Agrees To $2.25M TCPA Settlement - Morrison Mahoney LLP

J.P. Morgan Chase Bank ("JPMC") reached a $2.25 million settlement agreement with a proposed class of plaintiffs that claim JPMC violated the Telephone Consumer Protection Act ("TCPA").
Mondaq

Disgraced cyclist Lance Armstrong reaches $5 million settlement with US government over use of performance-enhancing drugs

Lance Armstrong has agreed to pay $5 million in order to settle the looming federal fraud case stemming from his drug-fuelled reign as king of the Tour de France, it was confirmed on Thursday.
Firstpost

United States: Abiomed Reaches $3.1 Million Settlement For Doctor Meals - Day Pitney LLP

The settlement stems from a complaint filed by a former Abiomed employee under the whistleblower provisions of the False Claims Act.
Mondaq

Casino mogul Steve Wynn accused of raping women in '70s

A woman told police she had a child with after he raped her, while another reported she was forced to resign from a Las Vegas job after she refused to have sex with him. The Associated Press on..
DNA

Facebook settles lawsuit over 2012 IPO for $35 million

(Reuters) - Facebook Inc and Chief Executive Mark Zuckerberg have reached a $35 million settlement of class-action litigation accusing them of hiding worries about the social media company's growth..
Reuters India

United States: AdoreMe Not So Adorable Says FTC - Frankfurt Kurnit Klein & Selz

The FTC recently announced a $1.3 million settlement with online lingerie seller, AdoreMe. The FTC charged AdoreMe with falsely promising consumers who joined AdoreMe's VIP program
Mondaq

Amazon to pay $ 1.2 million in settlement over pesticides sale

Online retail giant Amazon has reached a settlement with the US Environmental Protection Agency (EPA) over charges of third parties selling illegal pesticides on its website.
Sify Also reported by •Reuters India

Uber rejected $500 million settlement with Waymo earlier this week

SAN FRANCISCO (Reuters) - Alphabet Inc's Waymo early this week proposed a settlement deal with Uber Technologies Inc in which Uber would pay $500 million in equity to resolve a high-stakes..
Reuters India

U.S. judge orders Russian-owned company to pay $6 million settlement

(Reuters) - A U.S. judge on Friday ordered a Russian-owned corporation to pay a $5.9 million settlement it reached last year with U.S. prosecutors over allegations that it laundered proceeds of a $230..
Reuters India

Uber reaches $3 million settlement with New York drivers over fees

(Reuters) - Uber Technologies Inc [UBER.UL] agreed to pay up to $3 million to settle a proposed class-action lawsuit brought on behalf of 2,421 drivers in New York who accused the ride-sharing company..
Reuters India

Mark Zuckerberg rivals Winklevoss Twins are the world’s first Bitcoin billionaires

Bitcoin has been in the news lately for its soaring valuation. And the world just got its first set of Bitcoin billionaires. Cameron Winklevoss and Tyler Winklevoss — the twin brothers who claimed..
BGR India

Airlines settle Twin Towers claim over 9/11 attacks

American Airlines and United Airlines have agreed to a USD 95.1 million settlement with the developer of the World Trade Centre over the September 11, 2001 attacks, ending 13 years of litigation.
Zee News Also reported by •Deccan Herald

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