The consumer goods company 3M agreed to pay more than $6.5 million to resolve charges that it violated the Foreign Corrupt Practices Act after its China-based subsidiary took Chinese government officials on overseas trips in an attempt to convince them to purchase 3M products, the U.S. Securities and Exchange Commission (SEC) said.
Read MoreTag: settlement
Sandy Hook Families Reach Settlement with Gun Maker Remington: Reports
Nine families of victims of the 2012 Sandy Hook Elementary School mass shooting have reached a settlement in their case against the firearms maker Remington, according to several news reports Tuesday.
The settlement comes roughly seven years after the suit was filed, according to a court document filed Tuesday and reviewed by CNN.
Remington was the maker of the Bushmaster AR-15-style rifle used in the massacre in which the lone shooter killed 20 children and six adults in Newtown, Connecticut.
Read MoreRieth-Riley Workers Win Settlements Against Union for Illegal Strike Retaliation
Michigan Rieth-Riley Construction Company employees Rob Nevins and Jesse London won settlements against the International Union of Operating Engineers (IUOE) Local 324 union.
The settlements order IUOE union bosses not to discriminate against London and Nevins for leaving the union and pay $364 to London for owed health insurance premium.
The settlements stem from charges of retaliation the workers filed during the strike IUOE union bosses ordered in mid-2019. London and Nevins ended their union memberships and chose to keep working.
Read MoreMichigan Could Get $800 Million from Opioid Settlement
Michigan could receive $800 million under a proposed multibillion-dollar national opioid settlement, Michigan Attorney General Dana Nessel said.
The settlement would involve Johnson & Johnson and the three largest pharmaceutical distributors in the country: Cardinal Health, McKesson, and AmerisourceBergen.
The historic agreement would resolve the claims of state and local governments nationwide and require industry changes.
Read MoreFlint Water Settlement Fairness Hearing Starts Monday
The hearing to determine the official approval of the state’s $600 million Flint water civil settlement began Monday at 10 a.m. in the United States District Court for the Eastern District of Michigan.
In January, Judge Judith Levy preliminarily approved the settlement establishing the process for eligible Flint residents to file settlement claims processed and paid by the claims administrator.
In August, Attorney General Dana Nessel and Gov. Gretchen Whitmer announced the state’s portion of the preliminary agreement to settle the lawsuits after the city of Flint switched its public water supply to the Flint River in 2014.
Read More15 States Reach Agreement, Pave Way for $4.5 Billion Settlement over Opioid Crisis
A coalition of 15 states agreed to a deal with drug maker Purdue Pharma, which could soon lead to a $4.5 billion settlement over the company’s role in the U.S. opioid epidemic.
The states agreed to no longer oppose Purdue Pharma’s bankruptcy plan while the pharmaceutical company agreed to publicly release a trove of millions of documents, according to a court filing late Wednesday night. The Sackler family, which owns the company, would pay an additional $50 million under the settlement.
The agreement will be tacked onto a broader proposal that is set to be voted on by more than 3,000 plaintiffs, The New York Times reported. In addition to the states, plaintiffs include cities, counties and tribes that sued the company over its role in boosting its painkiller OxyContin, the cause of thousands of opioid deaths.
Read MoreMichigan Agrees to Pay $80 Million in Settlement for Case Involving Teen Abuse in Prisons
Michigan will pay $80 million to settle a lawsuit filed against the state’s Department of Corrections (MDOC) in 2013 by a group of juvenile offenders who said they were sexually assaulted while housed in adult prisons.
Read More