March 23, 2015
by Alison Sacriponte
A judge for the US District Court for the Southern District of New York gave final approval Friday to a $970.5 million settlement for shareholders of the insurance giant American International Group (AIG) to settle claims that shareholders were misled about the subprime mortgage exposure that led ...[read more]
March 16, 2015
by Peter Snyder
The US government on Friday appealed a federal court ruling that reduced the potential liability BP faces under the Clean Water Act in relation to the 2010 offshore oil spill. District Court Judge Carl Barbier of the US District Court for the Eastern District of Louisiana in January set the size ...[read more]
February 21, 2015
by Ashley Hogan
A judge for the US District Court for the Eastern District of Louisiana on Thursday rejected a motion by BP to reduce the civil fine payable under the Clean Water Act in relation to the 2010 offshore oil spill. BP's appeal sought to reduce the fine per barrel from the $4,300 proposed by the US ...[read more]
February 20, 2015
by Laura DeGeer
A federal court on Wednesday approved a settlement agreement between the Arizona Department of Corrections (ADC) and the American Civil Liberties Union (ACLU) in a class action lawsuit over the health care system within Arizona prisons. The agreement requires the ADC to meet more than 100 health ...[read more]
February 3, 2015
by Addison Morris
The US Department of Justice (DOJ) announced Tuesday that, after two years of litigation, Standard & Poor's (S&P) on Monday reached an agreement to settle a series of lawsuits for $1.375 billion. The lawsuits accuse the credit rating firm of defrauding investors and sending out inaccurate ...[read more]
January 30, 2015
by Emelina Perez
Virginia officials reached a $520,000 settlement Wednesday over attorney's fees with challengers of the commonwealth's same-sex marriage ban. The plaintiffs are allowed to seek attorney's fees because they successfully challenged the marriage ban under a federal civil rights law. Two law firms ...[read more]
January 26, 2015
by Valerie Howell
The US Supreme Court on Monday denied certiorari in an appeal by David Rainey, a former British Petroleum (BP) executive. Rainey sought to contest the charge of obstruction of justice that arose when he misled Congress about the extent of the 2010 Deepwater Horizon oil spill. The charges against ...[read more]
January 16, 2015
by Emelina Perez
Four tech companies, including Apple and Google reached a $415 million settlement Thursday in a class action lawsuit claiming the companies unlawfully agreed to reduce employee compensation and mobility. The lawsuit was filed against Apple, Google, Intel Corporation and Adobe Systems by former ...[read more]
January 16, 2015
by Ashley Hogan
The American Civil Liberties Union (ACLU) reached a settlement Thursday in a case against the US government challenging the constitutionality of detaining Muslim men as material witnesses without sufficient cause. The case alleged that following the 9/11 terrorist attacks the US government ...[read more]
January 7, 2015
by Brittany Felder
Royal Dutch Shell (Shell) on Wednesday reached a settlement in a lawsuit concerning the Niger Delta oil spills of 2008. The settlement, totaling USD $84 million, will be divided between 15,600 individuals who will receive $3,300 each as compensation for losses caused by the spills. The remaining ...[read more]

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