Settlement

The UK Gambling Commission is preparing to settle a £200 million legal claim from media tycoon Richard Desmond in relation to the award of a National Lottery licence, with the aim of resolving a dispute that has hampered technological…

Last weekend, Teva Pharmaceuticals Industries (Teva: TEVA, NYSE: TEVA) announced that it had reached a settlement with the US Department of Justice and would pay fines totaling $450 million, to be paid over six years,…

Elliott Investment Management and Southwest Airlines Co. in discussing a potential settlement that would avoid a proxy battle for control of the airline's board, according to people familiar with the matter. Elliott proposed a framework…

(Reuters) - GlaxoSmithKline shares rose 6 percent on Thursday after the British drugmaker agreed to pay up to $2.2 billion to settle lawsuits in the United States alleging that the discontinued heartburn drug Zantac causes cancer. The…

U.S. hospital operator Steward Health Care has received court approval for a settlement with its owner, Medical Properties Trust (MPT), amid ongoing bankruptcy proceedings.U.S. Bankruptcy Judge Christopher Lopez approved the agreement,…

Five US states have reached a settlement with the owner and operators of an alleged $1 billion cryptocurrency investment scheme. The plan, led by Josip Hit and his GSB group, lured investors with promises of tokenized fractional…

By Mike Spector and Dietrich Knuth (Reuters) - Johnson & Johnson plans to pay an additional $1.1 billion to settle tens of thousands of lawsuits alleging that the company's baby powder and other talc products cause cancer, two people…

My Photographer Friend/iStock via Getty Images A Maui judge on Friday ruled to allow the Hawaii Supreme Court to rule on a matter holding up a $4 billion wildfire settlement that was first reached a little over a month ago. Judge Peter…

Benny Landa's LUSIX wants to reach a debt settlement with its creditors to stabilize the company after lab-grown diamond prices fell by 90% on global markets. …

By Tom Sims FRANKFURT (Reuters) - Deutsche Bank has made a settlement offer to shareholders suing Germany's largest lender over unpaid fees for its acquisition of Postbank, the plaintiffs' lawyer said on Friday. Lawyer Jan Bayer (OTC:)…