State Farm to Pay $40M Settlement
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Thousands of automobile owners nationwide will share in a $40 million settlement with State Farm Mutual Insurance Co. over the company's handling of titles to vehicles totaled in accidents.
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A lawyer who engineered a settlement with State Farm argued that the deal should be approved because it could give millions to victims of Hurricane Katrina by the end of the year.
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Morgan Stanley and Goldman Sachs Group Inc. have agreed to pay $40 million each to settle federal charges that they awarded coveted initial public offering shares in a manner that may have artificially pumped up stock prices during the late 1990s.
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The founders of the PBHG mutual funds  agreed to pay $160 million in restitution and civil fines, and  to accept a lifetime ban from the securities industry to  resolve allegations they facilitated improper trading in the  funds, regulators said on Wednesday.
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Invesco Funds Group Inc. and affiliate  AIM Advisors Inc. agreed to a $450 million settlement with  state and federal regulators to resolve probes of improper  trading, officials and the parent company said on Tuesday.
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Debt-laden pop singer Michael Jackson reached a settlement on Monday over a breach-of-contract claim by New Jersey-based finance house Prescient Capital.
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Officials in the nation's capital announced the &#36;425,000 settlement of a lawsuit Monday stemming from a mass arrest that occurred not far from the White House nearly 28 months ago.
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By Jonathan D. Epstein  HSBC Bank USA agreed Wednesday to pay nearly $1 million in fines and reimbursement to settle a state lawsuit over a toxic chemical cleanup in Orange County in a case brought under the federal Superfund Act.
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he United States Department of Labor announced yesterday that it had reached a $1.9 million settlement with a contractor for the Target Corporation after finding that the contractor had
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ALBANY, NY RS Investment Management agreed to pay 30 (m) million dollars to settle allegations it allowed &quot;excessive&quot; market timing in its mutual funds.
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HealthSouth Corp. has agreed to pay the US government $325 million to settle numerous allegations that the company defrauded Medicare and other government health programs, the Justice Department said yesterday.
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The DuPont Co. has agreed to pay up to $340 million to settle a lawsuit that it contaminated water supplies in West Virginia and Ohio with a chemical used to make Teflon, one of its best-known brands.
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James Hardie Industries has signed a landmark compensation agreement detailing how it will pay asbestos victims a compensation said to be worth over $4 billion over a 40 year period.
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Debt-laden pop singer Michael Jackson reached a settlement on Monday over a breach of contract claim by New Jersey-based finance house Prescient Capital.
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State Farm Mutual Insurance will  compensate about 30,000 customers who unwittingly bought  damaged or salvaged cars, the Iowa attorney general said on  Monday.
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Invesco Funds Group and affiliate AIM Advisors say they have agreed to pay $450 million (250 million pounds) to settle civil lawsuits over improper trading, the third biggest
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The fine was part of a $30 million settlement with the government over allegations that Massey Energy violated water pollution permit limits at its mines and plants.