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“WWE’s Vince McMahon ‘steps back’ from CEO role amid misconduct probe” WWE founder and CEO Vince McMahon has “voluntarily stepped back” from his positions as chief executive and chairman amid an internal investigation stemming from allegations that he paid $3 million in hush money to an employee with whom he had an affair. The investigation…
“Vince McMahon agreed to pay ex-WWE employee $3M after alleged affair” WWE Chairman and CEO Vince McMahon allegedly had an affair with an employee — then agreed to pay her $3 million when she signed a non-disclosure agreement, according to a report on Wednesday. The WWE board is now investigating the agreement, which was signed…
“Ford to pay states $19.2M over false advertising claims” Ford Motor will pay $19.2 million to resolve allegations it falsely advertised real-world fuel economy and payload capacity for some hybrids and pickup trucks, the Iowa Attorney General’s Office said Tuesday. The multi-state settlement covers 2013–2014 C-Max hybrids and 2011–2014 Super Duty pickups. In 2013, Ford lowered the advertised fuel economy…
“CVS, drug makers settle Florida opioid lawsuit for $860M” CVS and pharmaceutical companies will pay Florida a combined $860 million as part of the settlement of an opioid epidemic case, state officials said Wednesday. Florida Attorney General Ashley Moody said CVS Health Corp. and CVS Pharmacy Inc. will pay the state $484 million. Teva Pharmaceuticals Industries Ltd….
“Feds pay $128M to families after FBI bungled tips on Parkland shooting” The federal government will pay a $127.5 million settlement over the Parkland, Fla. school massacre — after it admitted the FBI didn’t follow up on two tips that could have prevented the massacre. The legal deal announced Wednesday settles 40 lawsuits tied to…
“Jeff Zucker reaches settlement in tens of millions with WarnerMedia, CNN: report” Ex-CNN boss Jeff Zucker reached an eight-figure settlement with WarnerMedia over his sudden departure last month, according to a report. Zucker, who left abruptly after failing to disclose a romantic relationship with a colleague, would waive his right to sue his former employer…
“#Judge tosses deal shielding Purdue’s Sackler family from opioid claims” A federal judge has thrown out a settlement that would have shielded the Sackler family, which owned OxyContin maker Purdue Pharma, from future lawsuits over opioids, upending the company’s plan to reorganize in bankruptcy court. U.S. District Judge Colleen McMahon in Manhattan said in a written ruling…
“#Netflix staffer Terra Field resigns, drops complaint over Dave Chappelle” A Netflix employee who spoke out against Dave Chappelle’s controversial stand-up special “The Closer” said she has resigned, capping a volatile period for the streaming giant marked by protests, lawsuits and mea culpas. The employee, Terra Field, a senior software engineer, said in a letter…
“#Users in for a payday” TikTok users may be eligible for a share of $92 million after the social media company agreed to a class-action settlement. The settlement stems from 21 separate lawsuits accusing TikTok of violating federal and state law by collecting and using the personal data of users without “sufficient notice and consent.”…
“#NBCUniversal settles with ousted exec Ron Meyer amid sex scandal” NBCUniversal has made a confidential settlement with former Universal Studios executive Ron Meyer, who was fired last year amid a sex scandal, according to new report. Meyer was ousted from his lofty post as vice chairman of NBCUniversal in August 2020 after he admitted to…