settlement

On Wednesday, Amazon.com, Inc. (NASDAQ:AMZN) began issuing automatic refunds to millions of customers as part of a sweeping $2.5 billion settlement with federal regulators.  FTC Says Amazon Used Misleading Sign-Up Flows The company was accused of misleading users into paid Prime memberships...

Meta Platforms Inc (NASDAQ:META) has reached a settlement with its shareholders and company leadership, thereby avoiding an $8 billion trial. What Happened: This move spares CEO Mark Zuckerberg from testifying about alleged data violations. The lawsuit was initiated by Meta...

Victims of a substantial data breach are set to receive a portion of a $20 million settlement. Over five million affected users are in line to receive compensation for their losses. What Happened: A court has granted preliminary approval for a multi-million dollar settlement to be...

T-Mobile has announced its plan to compensate customers who were affected by a substantial data breach. The company is set to distribute $350 million to its customers. What Happened: In 2021, T-Mobile suffered a significant data breach that impacted approximately 76 million people. The breach...

Alphabet Inc's Google (NASDAQ: GOOGL) has agreed to resolve a 2020 class-action lawsuit for $5 billion. The suit accused the tech behemoth of tracking user activity through its Chrome browser's incognito mode, raising significant privacy concerns. What Happened: The core of the lawsuit was...

Amid a series of high-profile legal battles, media mogul Rupert Murdoch‘s Fox Corp. (NASDAQ:FOX) has settled a $12-million gender discrimination lawsuit, further deepening the scandal surrounding the empire. What Happened: Fox News has reached a staggering $12 million settlement in a gender...

On Friday, a U.S. judge granted preliminary approval to the $75 million settlement between Deutsche Bank AG (NYSE: DB) and the victims of convicted sex offender Jeffrey Epstein. The victims had alleged that Epstein's sex-trafficking enterprise could not have "existed or...

Apple Inc (NASDAQ: AAPL) has agreed to pay $30 million to retail workers who were subjected to routine searches of their bags off the clock when they left work after or during their shifts. In 2013, Apple Store employees filed a class-action lawsuit claiming that they were not paid for...

Johnson & Johnson (NYSE: JNJ) says it has settled most of the lawsuits in the anti-psychotic drug Risperdal cases and has recorded $800 million in expenses in connection with the agreement. The medical devices and pharmaceuticals maker had almost 9000 cases over the Risperdal drug,...

The U.S. Department of Justice and the U.S. Department of Labor on Tuesday announced separate settlement agreements with Facebook, Inc (NASDAQ: FB) regarding its use of the permanent labor certification program (PERM).  Facebook has agreed to pay up to $14.25 million to settle civil...

On Saturday, Johnson & Johnson (NYSE: JNJ) said it would end the manufacture and sale of opioids nationwide in a $230 million settlement with the New York state, Reuters reports.  J&J will not face the jury trial scheduled to begin on Tuesday on Long Island with...