Norm

BMW Reaches $478M Settlement Over Water Damaged Cars

More than 300,000 BMW owners will soon be eligible to claim their portion of a $478 million settlement over allegations that a design defect resulted in water damage to electrical components in vehicles’ trunks. [More]

Feds Order MasterCard, RushCard Owner To Pay $13M Over Oct. 2015 Outages

Feds Order MasterCard, RushCard Owner To Pay $13M Over Oct. 2015 Outages

Nearly 15 months after tens of thousands of users of the prepaid RushCard were cut off from their funds because of an apparent technical glitch, the company behind the card, UniRush and its payment processor MasterCard have been ordered to pay $13 million in refunds and penalties. [More]

frankieleon

VW To Pay $1.25B To Buy Back, Fix Cars With Emissions-Cheating ‘Defeat Devices’

And just like that, Volkswagen’s years-long “Dieselgate” scandal is nearing a conclusion as the carmaker has finally reached an agreement with federal regulators to fix and compensate owners of 78,000 3-liter diesel engine vehicles equipped with so-called defeat devices.  [More]

DeVry Will Pay $2.75M To Settle State’s Allegations Of Misleading Advertising

DeVry Will Pay $2.75M To Settle State’s Allegations Of Misleading Advertising

One month after DeVry Education Group agreed to pay $100 million to settle federal regulatory charges that it used deceptive ads to recruit students, the for-profit educator has come to a multimillion-dollar settlement that should close the book on one state-level investigation. [More]

Eric Arnold

Volkswagen Dealers To Receive $1.85M Each In “Dieselgate” Settlement

The final pieces of Volkswagen’s efforts to put the “Dieselgate” scandal behind it are beginning to fall into place, as a judge approved yet another billion-dollar settlement from the carmaker, this time relating to compensating dealers affected by the carmaker’s decision to equip more than 500,000 vehicles equipped with “defeat devices” used to skirt emission standards.  [More]

(Nicholas Eckhart)

Costco Settles Federal Charges That It Turned Blind Eye To Bad Prescriptions

Costco has reached a deal with the U.S. Department of Justice to pay $11.75 million to resolve federal allegations that the warehouse club’s pharmacies violated the Controlled Substances Act by filling prescriptions they probably shouldn’t have. [More]

(Paul Pica)

General Motors To Pay $1M Over Ignition Switch Accounting Issues

General Motors’ years-long ignition switch debacle has cost the carmaker billions of dollars in penalties, settlements, and compensation. Today, the Securities and Exchange Commission added $1 million to the hefty tab. [More]

Samuel M. Livingston

3 Takata Execs Face Criminal Charges Over Handling Of Deadly Airbag Defect

For the second time in one week federal authorities have taken the rare step of bringing criminal charges against auto industry executives for alleged wrongdoing. Today, the Justice Department announced criminal indictments against a trio of execs at auto parts maker Takata for their involvement with the shrapnel-shooting airbags that have been linked to at least 11 deaths. [More]

I Am Rob

Guilty Plea, $1 Billion Penalty Expected In Deadly Takata Airbag Debacle

When it rains criminal settlements it apparently pours: auto parts maker Takata will reportedly plead guilty to criminal wrongdoing in the handling of its years-long shrapnel-shooting airbag defect debacle by the end of the week.  [More]

Benedict Benedict

VW Reaches $4.3 Billion Settlement Over Criminal Allegations For ‘Dieselgate’

Days after federal authorities arrested a Volkswagen executive in connection with the company’s ongoing “Dieselgate” scandal, the carmaker says it has reached a $4.3 billion settlement to resolve allegations of criminal wrongdoing.  [More]

Eric Arnold

VW Executive Arrested In Connection With ‘Dieselgate’ Scandal

Five months after investigators found evidence of criminal behavior at Volkswagen tied to “Dieselgate,” one executive with the carmaker has been arrested.  [More]

Eric Arnold

Volkswagen Finally Has A Fix For 70,000 Of Its “Dirty Diesels”

Try, try, and try again, and eventually you’re bound to get it right. Or at least that appears to be the case for Volkswagen and regulators who have finally reached a deal to fix thousands of diesel vehicles equipped with so-called “defeat devices” that skirt federal emissions standards.  [More]

IKEA To Pay $50M To Families Of 3 Toddlers Killed In Dresser Tip-Overs

IKEA To Pay $50M To Families Of 3 Toddlers Killed In Dresser Tip-Overs

Six months after IKEA and the Consumer Product Safety Commission announced the recall of more than 29 million topple-prone Malm dressers now linked to four deaths, the furniture maker has agreed to pay $50 million to three of the affected families. [More]

Thomas Hawk

Report: Volkswagen Settlement Over 3-Liter Vehicles Could Add $1B To “Dieselgate” Tab

Volkswagen has already agreed to pay $15 billion to settle a large portion of its “dieselgate” scandal, so what’s another $1 billion? That figure could reportedly be added to the carmaker’s tab as part of a settlement concerning so-called “defeat devices” on thousands of 3-liter vehicles not covered by the company’s earlier settlement with federal regulators.  [More]

Company Behind “Smart” Vibrator To Settle Claims It Violated Users’ Privacy

Company Behind “Smart” Vibrator To Settle Claims It Violated Users’ Privacy

From phones to children’s toys and speakers, just about everything can become a “smart” device today. Even vibrators. And just like all of the other devices, sex toys can also violate your privacy. That’s the crux of a soon-to-be settled lawsuit. [More]

KogeLiz

Bristol-Myers Squibb Agrees To Pay $19.5M Over Improper Marketing Of Medication

Prescription medication, when used properly and safely, can provide needed relief to consumers suffering a wide range of illnesses or physical conditions. However, those medications must be marketed and advertised properly. That apparently wasn’t the case for a antipsychotic prescription drug manufactured Bristol-Myers Squibb (BMS). As a result, the company has agreed to pay $19.5 million in a settlement with 42 states and the District of Columbia.  [More]

Chris Wilson

Jimmy John’s To Pay $100K In Illinois Settlement Over Non-Compete Clauses

Earlier this year, Jimmy John’s announced, as part of a settlement with the New York attorney general’s office, that it would stop using strict non-compete clauses preventing workers from taking their sandwich-craft elsewhere, even if they were fired. Now, JJ has entered into a similar agreement with the Illinois attorney general’s office that includes a $100,000 payment to establish education and outreach programs.  [More]

Gettin' schooled.

Trump University Fraud Lawsuits Settled For $25 Million

Ten days before President-elect Donald Trump was set to go to trial on one of three fraud lawsuits involving his defunct Trump University, the parties involved in all of these cases have reached a settlement worth $25 million.  [More]