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“#United Airlines to pay $49.5M to settle mail contract probe” United Airlines agreed to pay $49.5 million to resolve criminal charges and civil claims relating to fraud on Postal Service contracts for transportation of international mail, the US Justice Department said Friday. “United defrauded the US Postal Service by providing falsified parcel delivery information over…
“#WeWork’s Adam Neumann reportedly eyes SoftBank settlement” Adam Neumann’s golden parachute keeps getting smaller. The WeWork co-founder is discussing a settlement with SoftBank that would cut his payout from the Japanese investment giant roughly in half, according to reports. Neumann and WeWork filed separate lawsuits against SoftBank last spring after it abandoned plans to buy…
“#Ticket brokers settle for $35M over charges of cheating customers” Three ticket brokers based on Long Island have agreed to settle civil charges that they cheated consumers by illegally purchasing tens of thousands of tickets for concerts, theater, sports and other events, and reselling them at substantial markups. Settlements totaling $35.3 million with Just In…
“#Boeing will pay $2.5B to settle federal charge over 737 MAX” Boeing will pay $2.5 billion to settle a criminal conspiracy charge for misleading regulators about the safety of its 737 MAX aircraft, which suffered two deadly crashes shortly after entering airline service. The Justice Department said Thursday that Boeing agreed to the settlement that…
“#NY1 reaches deal with anchorwomen who sued over age discrimination” The five female reporters who sued NY1 over gender discrimination and retaliation have reached a confidential settlement with the station that includes giving up their jobs. Roma Torre, Kristen Shaughnessy, Jeanine Ramirez, Vivian Lee and Amanda Farinacci alleged that they were snubbed in favor of…
“#Pinterest to pay $22.5 million to settle former executive’s discrimination suit” Pinterest said it will pay $22.5 million to settle a gender discrimination lawsuit brought by former chief operating officer Françoise Brougher. The social-media firm announced the deal Monday, about four months after Brougher filed the complaint alleging that Pinterest’s bosses shut her out of…
“#Couple whose baby killed by Central Park tree wins $13.75M” A couple whose infant daughter was killed by a falling tree limb in Central Park has won a $13.75 million settlement, ending a decade-long legal battle with the city and two non-profits that run the park and zoo, The Post has learned. Michael Ricciutti and…
“#Apple to pay $113M to settle iPhone slowdown complaints” Apple Inc will pay $113 million to settle allegations from 33 US states and the District of Columbia that it slowed down iPhones to mask battery issues and get users to purchase new devices, state officials announced Wednesday. The deal with a coalition led by Arizona,…
“#Zoom ordered to enhance security under proposed FTC settlement” Zoom Video Communications must implement a new information security program as part of its proposed settlement with US regulators over user privacy issues, the Federal Trade Commission said Monday. The FTC, in a statement, said the company would face fines of up to $43,280 for each…
“#AIG gives up $400M in tax credits to settle federal lawsuit” American International Group agreed to give up claims to more than $400 million of foreign tax credits and to accept a 10 percent tax penalty to settle accusations it used abusive tax shelters, the US Department of Justice said Friday. Acting US Attorney Audrey…