settlements

JPMorgan to pay a record $1 billion to settle market-manipulation charges, report says

Amr Alfiky/Reuters JPMorgan is set to pay almost $1 billion in settlement fines as US regulators probe the bank for spoofing in precious metals and Treasury markets, Bloomberg reported Wednesday.The payment would...

Blockchain Short Story 001 - Flattening the Hierarchy

Blockchain Short Story 001 — Flattening the HierarchyThe payment and securities settlement infrastructure in the finance industry is a hierarchical, fragmented, and relay-based network. For transferring digital...

Deutsche Bank to Pay $38 Million in U.S. Silver Price-Fixing Case

Deutsche Bank has agreed to pay $38 million to settle U.S. litigation over allegations it illegally conspired with other banks to fix silver prices at the expense of investors, according to court papers filed on...

For Some Companies, Government Settlements Are Tax Write-Offs

When BP’s Deepwater Horizon spill released millions of gallons of oil into the Gulf of Mexico, and when a slew of Wall Street banks created toxic loans that contributed to the financial crisis, they made...

Comcast in Trouble for Posting Customer Info When It Was Explicitly Paid Not To

Comcast has settled with the state of California for $33 million after the company allegedly released the names, phone numbers, and addresses of tens of thousands of XFINITY Voice customers who paid to have their phone...

Structured Negotiations are Making the Web Accessible

Lawsuits regarding web accessibility have been in the news lately, and companies are increasingly aware of the risk. Web and mobile services that are inaccessible to those with disabilities leaves your company open to...

Apple could pay nearly $500 million in ebook case

Apple could get smacked with a $500 million bill from the states and class action lawyers in the ebook pricing suit, based on the amounts that the settling publishers have already paid out. Earlier this month, federal...