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BofA Settlement Reaches $9.5 Billion

BofA Settlement Reaches $9.5 Billion

By Emily Greene March 26, 2014

Bank of America has settled yet another expensive mortgage case. The Federal Housing Finance Agency (FHFA), which represents Fannie Mae and Freddie Mac, brought mortgage-backed securities allegations against the second largest bank in America. Now Bank of America will have …

Casey Anthony Reaches Settlement Casey Anthony Reaches Settlement

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Casey Anthony has finally reached a settlement with one of the search groups, Texas EquuSearch, who scoured Central Florida on a wild goose chase for her 2-year-old daughter in 2008. The organization claims that they spent over $100,000 while searching …

JPMorgan Fined $920M, Admits Fault in Trade Losses JPMorgan Fined $920M, Admits Fault in Trade Losses
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While monumental corporate cases tend to drag on for years, this particular case involving JPMorgan Chase & Co. won’t be one of them. The United States’ largest bank has been ordered to pay an astronomical fine in the staggering amount …

Man Pays in Quarters: 600,000 Coins for Settlement Man Pays in Quarters: 600,000 Coins for Settlement

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An Illinois man chose to protest an appellate court’s decision in his own way Wednesday. Dr. Roger Herrin, who lost his son in a car accident in 2001, had to pay back money awarded to him by a judge, so …

Apple, HTC Settle All Their Patent Lawsuits Apple, HTC Settle All Their Patent Lawsuits

Apple and HTC announced this weekend that they have reached a global settlement that dismisses all current patent lawsuits between the companies. In addition, the companies have signed a ten-year license agreement that extends to current and future patents held …

Sketchers Settlement: Company to Pay FTC $40 Million Sketchers Settlement: Company to Pay FTC $40 Million
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Sketchers settlement is going to cost the company an impressive $40 million dollars. I suppose that’s what you get when you attempt to trick consumers into thinking they can get a round rump like the one found on Kim Kardashian’s …

Moreover Folds, Settles With AP

Signaling that maybe nobody is willing to let this linking-and-snippet business go to court, Moreover and parent company VeriSign have settled a lawsuit filed by the Associated Press for undisclosed terms.

By the tone of the press release, though, those terms must be favorable to the plaintiff. "AP is pleased to have resolved the litigation in an amicable manner and appreciates VeriSign and Moreover’s efforts to resolve AP’s concerns," said AP Vice President and General Counsel Srinandan Kasi.

Atty. Gen. Teaches Verizon What ‘Unlimited’ Means

Verizon Wireless has agreed to reimburse over 13,000 subscribers that had their wireless internet service disconnected after "excessively" using their "unlimited" access plans. The New York Attorney General’s office called Verizon’s marketing tactics "deceptive."

Google Nears Settlement In Gmail Dispute
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Independent International Investment Research (IIIR) is near to a settlement with Google regarding its claim to the Gmail trademark in the United States, according to a request for extension filed by IIIR at the US Patent and Trademark Office.

Vonage, Sprint Cool With Patent Settlement

Vonage’s infringement on six Sprint patents has yielded a lucrative payday for Sprint.

Zango Ignoring FTC Requirements

Sneaky pop-up ad company Zango settled with the Federal Trade Commission last November, paying $3 million in penalties and agreeing to stop duping users into downloading adware. But it appears the company is still up to its old tricks.

Google Fights Back With Copiepresse Appeal

Belgium becomes the focal point for a heated confrontation between Google, and the news management organization that beat it in court.

IBM Skates On SEC Charges

Providing misleading financial guidance to analysts in 2005, as the SEC contended IBM did, never turned into anything as the two sides settled the dispute.

IBM, Amazon Chill On Patent Fight

Call it a TKO win for IBM, as years of jabbing over a variety of patents held by IBM and disputed by Amazon have ended with Amazon agreeing to pay licensing fees for them.

Yahoo Click Fraud Settlement Approved
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This week a San Jose federal judge approved a settlement in the class action click fraud suit brought against Yahoo from several advertisers looking to recuperate $5 million in legal fees and credits for fraudulent clicks that date back nearly three years.

Yahoo Click Fraud Suit Finally Settled

If you have a good memory, you’ll recall Yahoo’s sweet click fraud settlement deal, which would hold the company to just $5m in legal fees and a review of click fraud activity back to 2004. If you don’t have a good memory, that’s why we’re here!

Cisco and Apple Settle Up iPhone Dispute

The legal spat between Apple and Cisco over use of the term "iPhone" was nothing that, speculatively, a big bag o’money couldn’t solve. Though the terms of the settlement both companies announced yesterday are confidential, it isn’t unreasonable to think that Cisco got some benefit beyond mutual use of the term and an interoperability agreement.

The statement reads this way: