settlement

The Los Angeles Ethics Commission has unanimously voted to reject the proposed settlement by the city with Les Moonves, the former president and CEO of CBS. The settlement, made public last week, stated that Moonves tried to influence now-retired LAPD Captain Cory Palka amid a sexual assault investigation against the executive. The legal documents noted that Moonves agreed to pay an $11,250 fine on Feb. 5 for violating the city’s ethics code. Moonves “admits that he violated City law by aiding…

Apple has reached a possible settlement with Rivos, the Mountain View startup it accused in 2022 of poaching its employees and stealing its trade secrets. In the companies' filing seen by Bloomberg and Reuters, they told the US District Court for the Northern District of California that they have signed an agreement that "potentially settles the case." Their deal would allow Apple to conduct a forensic examination of Rivos' systems, as well as of its activities.When the iPhonemaker sued Rivos, it said the startup led a…

House of Cards actor Kevin Spacey will pay $1 million to the production company behind the show, to settle claims that he sexually harassed young male staffers on the show. Spacey was dropped from the final season of the show in 2017. He was facing a $31 million judgment in the case, after an arbitrator found that the allegations were credible and that the production company MRC deserved to recoup its costs for scrapping the final season and starting over without him. He had agreed to pay the $1 million over multiple…

eBay agreed to pay $59 million and upgrade compliance measures to resolve US Department of Justice allegations it didn't try hard enough to stop criminals from buying devices for making counterfeit drugs, including pills laced with fentanyl.Wednesday's settlement arose from eBay's alleged inadequate monitoring since October 2015 of thousands of pill presses and encapsulating machines sold through its website, including presses capable of producing thousands of pills an hour.Elevate Your Tech Prowess with High-Value Skill…

The company says participation in its settlement of allegations that its earplugs caused hearing loss among veterans is on pace to exceed the 98% threshold required by the agreement. The company says participation in its settlement of allegations that its earplugs caused hearing loss among veterans is on pace to exceed the 98% threshold required by the agreement. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In…

Apple has reached an agreement to settle a US class action lawsuit, in which the company will be paying $35 million to iPhone 7 and iPhone 7 Plus users, who were prone to audio issues due to a defective chip in the devices. The company has now started notifying eligible customers by email, MacRumors reported.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Senior Management ProgrammeVisitIndian School of BusinessISB Product ManagementVisitIndian School of BusinessISB…

In late December 2023, Apple encountered a setback in the U.S. as certain Apple Watch models faced a sales suspension due to alleged patent infringement related to Masimo’s blood oxygen detection technology. The regulatory authorities will review Apple’s updated designs by mid-January 2024, and the potential financial and time costs associated with settlement or redesign have raised questions about the future of blood oxygen monitoring in Apple Watches. Apple‘s appeal for reinstatement is met with two potential routes.…

(NEXSTAR) – Apple has begun payouts to iPhone users who joined a class-action lawsuit that accused the company of intentionally slowing down the devices. Apple agreed in 2020 to pay between $310 and $500 million as part of a settlement in response to the class-action lawsuit, which stemmed from earlier legal complaints that the company’s software updates were deliberately throttling the performance of specific older iPhone models. Apple did not deny that certain iPhones were slower after the updates,…

As the financial industry grapples with the shift to shorter settlement times, banks and broker-dealers will soon have a new artificial-intelligence tool to fix and prevent trades that go awry during the settlement process.Broadridge Financial Solutions Inc. is rolling out OpsGPT, a chat-bot that uses generative AI and large language model technology to analyze and resolve operational issues such as failed trades, and offer insight on the cause of the issue and suggestions for how to resolve it and prevent it from…

In August last year, a judge in the US gave final nod to allow payments to the affected iPhone users. Apple has started sending payments to the affected iPhone users as part of $500 million (Rs 37,070 crore) ‘Batterygate’ settlement in the US. Apple in 2020 agreed to pay up to $500 million to settle a class-action lawsuit in the US that accused the iPhone maker of “secretly throttling” some iPhone models.According to MacRumors, the payouts have finally started going out to individuals who submitted a…