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Settlement Talk Deadline Looms for Angie's List

2016-03-01 15:42:24| IT Services - Topix.net

The online home services company is having settlement talks with TCS Capital Management as next month's deadline for board director nomination approaches, said a source close to the situation who asked for anonymit. The Deal reported in December that Angie's List had started preliminary conversations with TCS Capital Management about potentially adding a minority slate of dissident directors to the board.

Tags: list talk settlement deadline

 

Dow settlement signals impact of Scalia death on class actions

2016-02-26 22:18:55| Food - Topix.net

Dow Chemical Co's agreement to pay $835 million to settle a price-fixing dispute provides evidence that Justice Antonin Scalia's death is a blow to businesses that have had success recently in challenging class action cases at the U.S. Supreme Court. ), on Friday settled the decade-long dispute rather than risk its fate being decided by a shorthanded, eight-justice court missing, in Scalia, a reliable vote in support of companies in class action cases.

Tags: class death impact actions

 
 

Jim Cramer: Dow Chemical (DOW) Removed 'Uncertainty' by Paying $835 Million Settlement

2016-02-26 21:17:50| Chemicals - Topix.net

The Midland, MI-based chemical company chose to settle the lawsuit due to the increased likelihood for an unfavorable Supreme Court ruling, Dow said in a statement. The lawsuit alleged that Dow conspired with other companies on the price of urethane, Bloomberg reports.

Tags: million removed jim chemical

 

Vivendi, Liberty Media agree USD 775 mln settlement

2016-02-26 15:27:00| Telecompaper Headlines

(Telecompaper) Vivendi announced that it has agreed to settle a lawsuit filed by Liberty Media in March 2003 related to the formation of Vivendi Universal Entertainment in May 2002. Vivendi has agreed to pay Liberty Media USD 775 million to settle, although it rejects having committed any wrongdoing. Vivendi said it was pleased to resolve the long-running dispute on terms it sees as being in the interest of the company and its shareholders.

Tags: media agree usd settlement

 

VW advancing in settlement talks with US Justice Department: lawyer

2016-02-25 21:43:54| Automakers - Topix.net

A lawyer for Volkswagen AG told a federal judge on Thursday the German automaker is making progress in settlement talks with the U.S. Justice Department, the Environmental Protection Agency and California to reach a resolution over excess emissions in nearly 600,000 diesel vehicles. The logo of German carmaker Volkswagen is seen on a wheel at a showroom of Swiss car importer AMAG in Duebendorf, Switzerland February 12, 2016.

Tags: department justice lawyer talks

 

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