Attorney Drew Blanchfield with Kehogh Cox is representing LSU in the suit. But in late June, he filed a response to the suit on behalf of LSU. It denies the allegations and says the plaintiffs have failed to state a claim against the university, Alexander and Layzell. Bankston says he would have thought the university would try to settle the case by now, rather than move forward with trial …
Cisco pays $8.6m to settle security software whistleblower lawsuitAgreement splits money between US federal body, 15 states Print Print TradeCisco has agreed to pay $8.6 million to settle claims it sold video security software that had a vulnerability that could have opened US federal, state and local government agencies to hackers. According to Cisco, the software, which was sold between 2008 …
Massachusetts Financial Services Co. agreed to settle a class action by employees challenging the affiliated mutual funds in their 401(k) plans. The lawsuit accuses MFS of mismanaging the plans, which together hold more than $500 million, by offering high-cost funds affiliated with the company and by failing to investigate lower-fee options. More than 99 percent of the plans’ assets were held …
Drug distributor McKesson Corp. has agreed to pay $37 million to resolve claims brought by West Virginia officials that the company helped fuel the opioid epidemic, the two sides said Thursday. The deal resolves one piece of opioid-related liability for McKesson but leaves open many more. The San Francisco-based distributor is among roughly two dozen companies up and down the drug supply chain …
Alibaba Group Holding Ltd. has agreed to pay $250 million to settle a lawsuit that claimed the e-commerce giant had failed to disclose meetings with the Chinese government regarding alleged counterfeit products before it went public. The class-action settlement’s terms named Alibaba and executives including co-founders Jack Ma and Joe Tsai, who denied all allegations of wrongdoing. It was …
City Commissioners agreed to settle a lawsuit with Big Rivers Electric, pushing the city a step closer to the end of a long-standing dispute with the electric company. Henderson Municipal Power and Light could receive $6.25 million to settle the lawsuit, which stems from a 2009 spat over whether the city had the rights to sell excess energy it bought from Big Rivers. Henderson City Commission and Mayor Steve Austin unanimously approved a resolution to accept the settlement at a September meeting. The deal isn’t final, yet. Henderson Municipal Power & Light General Manager Chris Heimgartner said …
USAA has agreed to pay up to $39 million to settle a class-action lawsuit initiated by some of its members in Florida. Shown is the company’s San Antonio campus in 2013. USAA has agreed to pay up to $39 million to settle a class-action lawsuit initiated by some of its members in Florida.
When The Washington Post’s David A. Fahrenthold first reported that Donald Trump has used money contributed to the foundation that bears his name to help settle two lawsuits, Trump and his surrogates repeatedly said the charge was untrue. Not Wednesday. At the third presidential debate with Hillary Clinton, Trump essentially acknowledged he had used Trump Foundation money to settle a lawsuit …
Los Angeles agreed Tuesday to spend at least $200 million over a decade to provide thousands of apartments for people with disabilities. The City Council voted 12-0 to settle a federal lawsuit by several advocacy groups. They alleged the city’s redevelopment agency violated anti-discrimination laws by paying for affordable housing projects that weren’t accessible to those who …
India’s largest IT firm Tata Consultancy Services and its US affiliate have paid Orange County, Calfornia, $26 million to settle a lawsuit over what the latter termed as a “failed replacement” to the county’s automated property tax system. “TCS and Orange County have agreed to settle an ongoing dispute regarding the joint development of a Property Tax Management System,” a TCS spokesperson …