First Solar Inc. to Pay $350M in Lawsuit Settlement

First Solar Inc. has agreed to settle a class-action lawsuit alleging it mislead investors during a boom period for the company, with the bill coming in at $350 million. The case, initially brought by investor Mark Smilovits and eventually certified as a … Continue reading

USC’s $215M Settlement with Ex-Gynecologist’s Patients

More than 18,000 women are expected to receive $2,500 to $250,000 from the University of Southern California. A federal judge in Los Angeles said this week that he was inclined to give final approval to the University of Southern California’s … Continue reading

CNN Confirms Settlement After $275 Million Lawsuit with Nick Sandmann

CNN confirmed Tuesday that it has settled for an undisclosed amount with Nick Sandmann, one of the Covington Catholic High School students smeared by multiple news outlets after a video of a “standoff” between the teens and a Native American … Continue reading

Walmart truck drivers in CA win $55M for unpaid rest breaks

A three-judge panel for the Court of Appeals for the Ninth Circuit affirmed a $54.6 million jury win for Walmart’s truck drivers in California. The retail giant is also a trucking giant; it maintains its own private fleet of 9,000 truck … Continue reading

J&J to Pay More Than $2M in Rare Talc Settlement

Johnson & Johnson agreed in the middle of a trial to pay more than $2 million to resolve a woman’s claims that asbestos-laced baby powder caused her cancer, according to people familiar with the case. The settlement marks a rare decision by the … Continue reading

$58.25M Awarded Against Billionaire in Sexual Harassment Case

On December 2, 2019, a Los Angeles Jury awarded $50 million in punitive damages to Ms. Khan. A week earlier that same jury awarded Ms. Khan $8,250,000 in compensatory damages against Alki David, a billionaire.  The jury found that Mr. … Continue reading

M&T Bank to Pay Nearly $21M to Settle Self-Dealing Suit

Defendants in a lawsuit alleging self-dealing by fiduciaries of the M&T Bank 401(k) plan have reached a settlement agreement. According to the complaint, in 2010, eight of the plan’s 23 designated investment alternatives were M&T Bank proprietary mutual funds that … Continue reading

Experian agrees to pay $24M for letting payday loans hurt customers’ credit

Experian has agreed to settle with 56,000 Americans who had their credit reports tainted by data from a beleaguered online payday lender. The $24 million settlement comes in response to a federal class-action suit filed in 2016 by a Gwinnett … Continue reading

Tug-of-War Emerges Over Fire Victims’ $13.5B Settlement

A financial tug-of-war is emerging over the $13.5 billion that the nation’s largest utility has agreed to pay to victims of recent California wildfires, as government agencies jockey for more than half the money to cover the costs of their … Continue reading

Judge Awards $12.7M in ‘Fraudulent’ Porn Scheme

A state court judge in San Diego has tentatively awarded more than $12.7 million to nearly two dozen women and their attorneys who said the owners of a San Diego pornography website lured them into appearing in adult videos through … Continue reading