settlement

Samuel M. Livingston

Toyota, Subaru, Mazda, BMW To Pay $553M To Owners Of Vehicles With Potentially Lethal Takata Airbags

Owners of Toyota, Subaru, Mazda, and BMW vehicles affected by the massive shrapnel-shooting Takata airbag defect could soon receive compensation for past repairs and other economic losses, as the automakers agreed today to pay $553 million to compensate owners and create programs intended to repair defective airbags more quickly. [More]

Mike Mozart

Former MoneyGram Executive To Pay Record Personal Fine To Settle Money Laundering Accusations

The former compliance officer for money transfer company MoneyGram must pay $250,000 — the largest such fine imposed — to settle allegations that he personally failed to stop consumers from becoming victims of fraud. [More]

Schlitterbahn Kansas City

Family Of Child Killed In Waterslide Incident To Receive $20M

Nine months after a 10-year-old boy died on the “world’s largest waterslide” at Schlitterbahn Water Park in Kansas City, the youngster’s family has reached a nearly $20 million settlement with the company. [More]

Viking Range To Pay $4.65M To Resolve Allegations It Didn’t Properly Report Defect

Viking Range To Pay $4.65M To Resolve Allegations It Didn’t Properly Report Defect

Two years ago, Viking Range recalled 52,000 oven ranges that were somehow able to turn themselves on. Now the company behind the ranges has agreed to pay $4.65 million to resolve allegations it failed to properly report the issue to federal regulators in a timely manner.  [More]

freshwater2006

Volkswagen Reaches $157M ‘Dieselgate’ Settlement; Gets Approval To Sell Diesels Again

Volkswagen is inching closer to putting its “Dieselgate” scandal in the rearview mirror. The automaker has agreed to a $157 million settlement that will end lawsuits in 10 states, and it has been cleared to start selling diesels in the U.S. again. [More]

gjacobs228

Instacart To Pay $4.6M, Revise Service Amount Description To Resolve Class Action Lawsuit

Back in 2015, and again last year, Instacart shoppers took their growing ire over worker classification, as well as tip and service amount changes, a step farther by suing the grocery delivery startup claiming it broke state and federal labor laws, the company has agreed to settle the class-action suit for $4.6 million. [More]

Mobile Health App Makers Settle Allegations Of Misleading Marketing Claims

Mobile Health App Makers Settle Allegations Of Misleading Marketing Claims

A trio of smartphone health apps that claim to do things like measure your heart rate or the vitals of your unborn child have agreed to settle allegations brought by the state of New York that these products made promises they couldn’t keep. [More]

Adam Fagen

Neiman Marcus Agrees To Pay $1.6M To Settle 2013 Data Breach Class Action Lawsuit

Three years after Neiman Marcus disclosed that it had become the victim of a hack attack in 2013, exposing the credit card information of more than 350,000 customers, the upscale retailer has reached a $1.6 million settlement in the subsequent class action lawsuit.  [More]

Company Behind “Smart” Vibrator To Pay $3.75M In Settlement

Company Behind “Smart” Vibrator To Pay $3.75M In Settlement

The makers of an internet-connected sex toy who were accused of violating users’ privacy have agreed to pay $3.75 million to settle a federal lawsuit. [More]

Thomas Hawk

VW Pleads Guilty To Criminal Charges In ‘Dieselgate’ Scandal

We knew it was coming, but now it’s official: Volkswagen, as part of a settlement agreement with the Department of Justice, pleaded guilty Friday to three felony counts related to its “Dieselgate” scandal.  [More]

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]