(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]

(frankieleon)

Toyota To Pay $3.4 Billion To Fix Trucks With Corrosion Issues

Toyota has agreed to pay a total of $3.4 billion to the owners of more than 1.5 million Tacoma, Tundra, and Sequoia vehicles that have a tendency to corrode prematurely because they lack proper rust protection.
[More]

dsuniaga

McDonald’s Will Pay $3.75M To Settle Franchisee’s Alleged Labor Violations

Two years after the National Labor Relations Board General Counsel declared that McDonald’s could be held responsible for franchisees’ bad labor practices, the fast food giant has agreed, for the first time, to pay $3.75 million to settle a lawsuit that claimed the company was liable for labor law violations by a California franchisee.  [More]

Van Swearington / (Van Swearington)

Kia, Hyundai Agree To Pay $41.2M To 33 States & D.C. Over Fuel Economy Issues

Hyundai and Kia agreed Thursday to pay $41.2 million to dozens of states four years after it was revealed that the carmakers overstated the fuel efficiency of certain vehicles.  [More]

FanDuel, DraftKings To Pay $12M To Resolve False Advertising Allegations In New York

FanDuel, DraftKings To Pay $12M To Resolve False Advertising Allegations In New York

Daily fantasy sports companies DraftKings and FanDuel each agreed to pay $6 million to resolve New York’s claims that the companies engaged in false advertising.  [More]

Eric Arnold

Judge Approves VW’s $15B Settlement, Still No Fix For Affected Vehicles

It’s official: Volkswagen will begin the process of buying back thousands of vehicles equipped with “defeat devices” designed to skirt federal emission standards after a judge signed off on a proposed $15 billion settlement between the carmaker and federal regulators on Tuesday. [More]