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America Movil agrees to pay USD 1.1 mln to settle FCC probe
2016-06-29 09:08:00| Telecompaper Headlines
(Telecompaper) Puerto Rico Telephone Company (PRTC) and parent company America Movil have agreed to pay USD 1.1 million to settle a Federal Communications Commission (FCC) investigation into foreign ownership levels. In a statement the FCC said stock purchases of America Movil by its owner Carlos Slim and his family "repeatedly exceeded the foreign ownership levels approved by the Commission". The companies have each agreed to adopt compliance plans to prevent future stock purchases by the Slim family that would exceed foreign ownership limits without first receiving the agency's review and approval.
Volkswagen & Audi to pay >$14.7B in US to settle 2.0L diesel emissions case; $2B of that to promote ZEVs
2016-06-28 15:56:36| Green Car Congress
Volkswagen Agrees to Pay $14.7 Billion to Settle Diesel Scandal Claims in the U.S
2016-06-28 01:13:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: Volkswagen has agreed to pay nearly $15 billion to settle claims stemming from its diesel emissions cheating scandal in what would be one of the largest consumer class-action settlements ever in the United States. The proposed settlement, valued at $14.7 billion and involving the federal government and lawyers representing the owners of about 475,000 Volkswagen vehicles, includes just over $10 billion to buy back affected cars at their pre-scandal values, and additional cash compensation for the...
HSBC to pay $1.6bn to settle lawsuit
2016-06-17 15:01:54| BBC News | Business | UK Edition
The British bank agrees a $1.6bn settlement to end a 14-year lawsuit by Household International shareholders.
$88 million goes to settle sexual abuse cases in Los Angeles district
2016-05-17 21:04:00| American School & University
District agrees to settle cases involving teachers at De La Torre Elementary and Telfair Avenue Elementary schools. read more
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