settlement

Joe Jonas filed for divorce from Sophie Turner in September 2023 after four years of marriage. As per a new report by TMZ, Sophie is now trying to 'reactivate' divorce proceedings with the singer after the former couple failed to reach a settlement. Neither the Game of Thrones actor nor the Jonas Brothers singer has publicly commented on the situation yet. Also read: Sophie Turner ‘relieved’ to see Joe Jonas ‘moving on’ amid custody agreement Sophie Turner and Joe Jonas are reportedly battling over custody of…

A new chapter in the Sam Bankman-Fried saga: On Friday, federal prosecutors asked a New York judge to sentence the founder and former head of cryptocurrency exchange FTX to between 40 and 50 years in prison. They cited claims that Bankman-Fried participated in a “historic fraud” and cost customers and investors at least $10 billion as the rationale behind the hefty jail time. Bankman Fried’s lawyers have argued that five or six years behind bars would be appropriate, maintaining that he’s not an “evil genius” or “greedy…

Like plenty of tech giants, Apple is no stranger to legal battles. In the latest development, Apple has agreed to shell out a hefty $490 million (£385 million) to settle a lawsuit that accused Tim Cook of pulling a fast one on investors. The claim? That Cook was a bit too optimistic about iPhone demand in China -- and hence defrauded shareholders by misleading them.This lawsuit was brought to the stage by Norfolk County Council from the UK, representing a pension fund that apparently took a hit thanks to Cook's alleged…

The National Association of Realtors announced Friday that it had reached a legal settlement that upends the traditional model of sellers paying for the buyer’s agent in a home purchase. The agreement has the potential to save home sellers billions of dollars every year, but could also complicate purchases for buyers. The NAR, the largest trade group representing residential real estate agents, agreed to pay $418 million over four years to settle claims that the group and its members engaged in uncompetitive practices…

Bankrupt crypto companies FTX and BlockFi have resolved their disputes stemming from the companies' collapses in 2022, with FTX agreeing to pay BlockFi up to $874 million, according to court documents filed on Wednesday.The settlement is subject to approval by U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitMITMIT Technology Leadership and…

A Los Angeles judge refused to dismiss Cher’s bid for a conservatorship over her adult son Elijah Blue Allman’s finances on Wednesday, instead granting the singer a three-month delay to gather medical records and pursue a private settlement ahead of a new June 11 hearing. Allman, 47, appeared in person for the hearing and said he opposed his mom’s petition, which seeks control of his finances with claims he suffers from “severe mental health and substance abuse issues.” His lawyer accused Cher’s side of stalling…

Owners of a series of older iPhones in Canada could be eligible for payouts of up to $150 as part of the latest ‘Batterygate’ settlement agreed by Apple. As part of the ongoing legal fallout from Apple’s controversial software updates, which saw iPhones “throttled” to stop older models from shutting down unexpectedly, Apple is paying out some pretty chunky sums of money in various parts of the world including the U.S., and now Canada. This week, a B.C. Supreme Court judge has approved a settlement of up to $14.4 million,…

Just a week after news broke that Nintendo was suing Tropic Haze, the developer of Switch emulator Yuzu, it appears the two have settled. As part of the settlement, Tropic Haze will pay Nintendo $2.4 million in damages and immediately cease operations of both Yuzu, the Switch emulator, and Citra, the 3DS emulator. The settlement details are quite cut and dry. Tropic Haze will pay Nintendo $2.4 million in damages and will halt all work on Yuzu and cease hosting Yuzu, distributing its code, or anything that promotes Yuzu…

Former Dave Matthews Band violinist Boyd Tinsley faces a new lawsuit alleging that he breached the terms of a 2019 settlement stemming from a sexual harassment lawsuit filed by a member of Tinsley’s band Crystal Garden. In 2018, musician James Frost-Winn sued Tinsley, alleging that in November 2015 — during Frost-Winn’s tenure with Crystal Garden — Tinsley “ejaculated next to Plaintiff Winn and touched Winn’s buttocks while Plaintiff Winn was sleeping.”  According to the suit, following that incident, Tinsley…

The family of Gabby Petito has reached a settlement with the family of Brian Laundrie — who killed Gabby during a road trip in 2021 before dying by suicide weeks later — to avoid trial in the Petitos’ emotional distress lawsuit against Laundrie’s parents. The two families previously settled a wrongful death lawsuit filed by the Petitos against Brian’s estate for $3 million in November 2022. However, the Petito family also sued the Laundries for emotional distress, claiming that Brian’s parents already knew that…