PayPal in settlement deal with 28 states
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PayPal, the online payments unit   of EBay Inc. EBAY.O has agreed with attorneys general from 28   U.S. states to improve how it notifies users of their consumer   rights, the company said on Thursday.
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A Roman Catholic diocese in  California has made a record settlement in 87 lawsuits by  people who claimed they were abused, a source close to the case  said on Friday.
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American International Group and federal regulators have completed a settlement that calls for the company to pay $126 million in penalties and restitution and to
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Online auction house eBay&#39;s payment system PayPal can now be used for purchases by US customers of Apple&#39;s iTunes music store.
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(InfoWorld) - EBay's PayPal payment division will pay $3.5 million to consumers and $1.7 million to 28 states in settlements for two different actions regarding its notification of users regarding their rights, the company said Thursday. The online payment company will establish a $3.5 million settlement fund to conclude a class-action lawsuit filed in U.S. District Court in Brooklyn, New York, in 2005. The settlement is still pending court approval. Consumers filed the suit on the basis that PayPal did not make clear its policies on certain types of transactions, the company said. The company will also pay $1.7 million to the attorneys general of 28 states to settle suits there, stemming from similar investigations and complaints regarding its consumer protection and notification policies. The states are: Alabama, Arizona, California, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Louisiana, Maryland, Minnesota, Mississippi, Nebraska, Nevada, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, South Dakota, Tennessee, Texas, Vermont, Washington, and West Virginia. Under the terms of both settlements, PayPal is not required to admit guilt or wrongdoing, but must improve the policies and notification procedures in question.
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IBM Corp. and plaintiffs challenging the legality of its pension plan agreed to a deal Wednesday that settles most claims and caps the company's potential liability at &#36;1.7 billion. The company previously had estimated that a settlement could cost up to &#36;6.5 billion.
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The state of Ohio said on Wednesday  that it had reached a $144 million settlement with Time Warner  Inc. on behalf of six state funds that claimed they were  defrauded after the media conglomerate merged with the online  service AOL.
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IBM Corp. and plaintiffs challenging the legality of its pension plan agreed to a deal Wednesday that settles most claims and caps the company's potential liability at &#36;1.7 billion. The company previously had estimated a settlement could cost as much as &#36;6.5 billion.
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group of US states settles data breach complaints with ChoicePoint
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Michael Barrett, chief information security officer at PayPal, knows exactly why his company is often targeted by phishers: It has 133 million customers moving around a lot of money. He talked about how PayPal is fighting back.
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Averting a looming court battle over how it has handled the exodus from its Internet dial-up service, AOL has agreed to make it easier for its remaining customers to leave as part of a $3 million settlement with 48 states and the District of Columbia.
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Verizon announced FTTP deployment to homes and businesses in Delaware, Maryland, Massachusetts, New York, Pennsylvania and Virginia -- bringing to nine the total number of states where work is under way.
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The online-payment service PayPal will simplify its user agreement and better inform users about fraud protection under an agreement announced Thursday with 28 state attorneys general.
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The state of Ohio said on Wednesday that it had reached a $144 million settlement with Time Warner Inc. on behalf of six state funds that claimed they were defrauded after the media conglomerate merged with the online service AOL.
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The commercial insurer reached an agreement with several states to pay $6 million to resolve an investigation into fees it paid to brokers.
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By Blankinship, Steve  A proposed settlement announced by the U.S. Justice Department in October between the U.S.
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Peer-to-peer site will pay $30 million to settle a copyright infringement lawsuit.