Volkswagen has agreed to pay Texas $50 million in connection with the German automaker’s admitted peddling of diesel vehicles rigged to surpass emissions limits, Attorney General Ken Paxton announced Tuesday. The partial settlement is part of a larger, multi-billion dollar agreement unveiled Tuesday that awards hundreds of millions of dollars to dozens of states and includes a $10 billion buy- …
Waqes Mubarik found out he was one of the unlucky ones in 2015 when the Volkswagen scandal broke out. His 2015 Passant diesel was equipped with one of the so-called defeat devices designed to cheat on emissions tests. “I’ve been a loyal customer to Volkswagen for years,” the physician’s assistant said on the phone from Barrie, Ontario.
Volkswagen has reached an agreement in one of the largest class-action settlements the United States has ever seen. The hefty $14.7 billion sum is the result of the manufacturer settling with customers affected by its diesel emissions cheating scandal — which proved Volkswagen deliberately equipped roughly 475,000 diesel cars with software that bluffed emissions regulations for years, and …
A landmark lawsuit alleging sex discrimination based on sexual orientation has been settled for more than $200,000, the U.S. Equal Employment Opportunity Commission announced Tuesday. The EEOC said in a statement that Pallet Companies, doing business as IFCO Systems, will pay just over $182,000 to Yolanda Boone, who alleged she was fired after complaining that her supervisor made comments …
The city of Encinitas announced Tuesday that a settlement agreement was reached Monday in a lawsuit brought against the city regarding local housing needs, including the Encinitas Housing Element and residential developments requesting density bonuses. Developer DCM Properties, Inc. filed the lawsuit against the city in January. DCM’s suit challenged the city’s failure to update …
Volkswagen owners can finally dump their cheatin’ cars, if they want to. The German automaker has agreed to an unprecedented U.S. settlement to make things right after admitting that it programmed about half a million of its diesel cars to cheat on emissions tests. When driven on the road, the vehicles put out levels of nitrogen oxide well above U.S. pollution standards.
The biggest money-damages antitrust settlement in U.S. history died Thursday at the 2nd U.S. Court of Appeals. Not because of last year’s scandal surrounding leaks to a onetime MasterCard lawyer since charged with fraud, but because the agreement between credit card giants MasterCard, Visa and the merchants suing them for inflating certain fees was fundamentally unfair to some of the retailers. …
A $7.25 billion settlement between merchants and Visa Inc. and MasterCard Inc. over credit card transaction fees was rejected Thursday by a federal appeals court, a ruling praised by a retail trade association as a victory for consumers. The 2nd U.S. Circuit Court of Appeals in Manhattan said the 12 million merchants covered by the antitrust class action were inadequately represented by law …
Volkswagen’s $15 billion settlement of lawsuit into allegations it cheated emissions tests, which spurred a national investigation, won’t include Oklahoma. Attorney General Scott Pruitt filed his own lawsuit just two weeks before Volkswagen announced the settlement. The consumer protection complaint that will be heard in Oklahoma County isn’t part of the class action lawsuit, or 44-state …
In a unanimous ruling on Thursday, the US Court of Appeals for the Second Circuit rejected a settlement agreement between retailers and credit card issuers. Millions of retailers had reached a $7.25 billion antitrust settlement [NYT report] with Visa USA and MasterCard International [corporate websites] in 2013. However, after determining that some of …