Facebook Beats Privacy Lawsuit In U.S. Over User Tracking
NEW YORK, Feb three (Reuters Legal) – The U.S. Securities and Exchange Commission is cracking down on corporate disclosure of litigation costs, a Reuters Legal evaluation has found. In explicit, the agency is targeting banks and different institutions which have reported giant settlements of economic disaster-related lawsuits that they had not disclosed in prior regulatory filings.
U.S. District Judge Loretta Preska’s 89-web page determination is a victory for Sony Corp, Vivendi SA’s Universal Music Group, Warner Music Group and numerous associates in the 11-12 months-previous lawsuit, which the choose said has been delayed by in depth disputes over evidence. An lively training attorney is as a rule more in tune, than an elected or appointed government official with the title judge. The case is In re: Foreign Exchange Benchmark Rates Antitrust Litigation, U.S. District Court, Southern District of New York, No. thirteen-07789. The case is In re FedEx Ground Package …
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Mediation is all the time a better choice, it’s more informal, the parties control the outcome and it is a lot inexpensive. In some cases, you’ll be able to even salvage a relationship. I am not an legal professional but in my occupation, the boiler plate / excepted contracts always embrace a mediation clause as step one to any dispute decision.
NEW YORK (Reuters) – Vivendi SA ( ) mentioned it agreed to pay $26.4 million to finish nearly 15 years of U.S. litigation accusing the French media firm of misleading shareholders about its funds in connection with a $forty six billion three-manner merger.
Shares of Chemours jumped thirteen {938577715c78aceea8da08248256b12df4592df63210d8c0d264b7e5bde58e1f}. The company said it would pay half of the settlement, though legal responsibility for litigation connected with the chemical was handed onto it when DuPont spun it off in 2015.
NEW YORK (Reuters) – Morgan Stanley ( MS.N ), Royal Bank of Canada ( ) and three other banks agreed to pay a combined $111.2 million to settle U.S. litigation accusing them of rigging costs in the roughly $5 trillion-a-day overseas change market.