BioVeris Settles 2 Lawsuits Against Chief Executive's Son
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BioVeris Corp. announced yesterday that it settled two lawsuits against Jacob N. Wohlstadter, its chief executive's son, whom the company had accused of spending millions of dollars on cars and real estate to sabotage a joint venture he ran so he could purchase it for a bargain price.
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BERLIN  - Drug maker Bayer AG said Monday it has reached settlements in  more than 2,800 cases related to the 2001 withdrawal of a cholesterol-lowering drug, paying nearly &#36;1.1 billion US in out-of-court deals.
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United Healthcare settled complaints about its past claims practices on Thursday, agreeing to pay $12 million in fines to 36 states and the District of Columbia.
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The software giant settles one legal claim with Novell over NetWare, but can't reach a deal over a second issue involving WordPerfect.
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CBS Corp.  and Viacom Inc.   Chairman Sumner Redstone have settled a lawsuit with  his son, according to the online edition of the Wall Street  Journal on Sunday.
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Families of victims of a deadly nursing home fire last year settled 28 of 32 lawsuits against the company that owned the facility, lawyers announced Thursday.
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ST. LOUIS -- The nation&#39;s third-largest operator of kidney-dialysis clinics has agreed to pay the government $350 million to settle allegations it defrauded Medicare.
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California's Attorney General announced a $14.5 million civil settlement with Hewlett-Packard Co. this afternoon, three months after the Silicon Valley computer giant was engulfed in an ethics and spying scandal that led to criminal charges against former top executives.
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The operator of two computer privacy services agrees to pay up to $1 million to settle charges of using deceptive marketing techniques and selling personal information.
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The deal will settle claims that Merck overcharged Medicaid programs, and resolve charges over marketing.
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Lawyers on both sides of the CBS Corp. and Howard Stern breach of contract lawsuit said Wednesday they have settled.
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A settlement has been reached to resolve the crisis over five Bulgarian nurses and a Palestinian doctor sentenced to death in Libya for allegedly infecting more than 400 children with the AIDS virus, a foundation headed by the Libyan leader's son said Tuesday.
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Biovail Corp  has agreed to  drop a former Banc of America Securities analyst and the bank  itself as defendants in a lawsuit accusing nearly two dozen  parties of conspiring to drive down its stock price, the New  York Post reported in its online edition on Monday.
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A federal judge approved a $2.575 billion settlement of a class-action lawsuit by WorldCom investors who claimed they were defrauded by Citigroup, the second-largest settlement ever in a securities fraud case. When the tentative pact was announced by Citigroup in May, it was for $2.65 billion, but the agreement presented to the judge was reduced by $75 million. Investors accused Citigroup of hiding WorldCom's financial risks when it helped sell $10 billion of WorldCom debt in 2001.
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Two young heirs to the Pritzker family  fortune that includes the Hyatt hotel chain have settled their  lawsuit charging the family had emptied their billion-dollar  trust funds, the hotel chain said on Thursday.
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First Command Financial Services, one of the best-known companies marketing financial products to military families, agreed yesterday to pay $12 million to settle accusations that it
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Two former executives of Computer Associates International, who have pleaded guilty to conspiracy to commit securities fraud, have agreed to pay a total $387,470 to settle related civil charges in a multibillion-dollar accounting scandal at the big