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Hertz ran two major stock buyback programs in 2021 and 2022. A stockholder sued, arguing those buybacks quietly turned a private equity fund called CK Amarillo into Hertz’s majority owner — without paying ordinary shareholders anything for that transfer of control. The case settled. No cash changes hands, but CK Amarillo now has a legal…
Bradford Teaching Hospitals NHS Foundation Trust has agreed to pay £4.6 million to settle a clinical negligence claim on behalf of a boy who suffered a severe hypoglycaemic brain injury shortly after birth at Bradford Royal Infirmary. The settlement was approved by HHJ Mark Gargan, sitting as a Judge of the High Court, on Monday,…
Investors in bankrupt electric vehicle company Arrival SA received final approval on March 25, 2026 for their nearly $13.3 million settlement — ending a lawsuit that accused the once-hyped British EV startup of selling investors a fictitious vision of AI-powered microfactories and double-digit profit margins before its business collapsed, its stock cratered, and the company…
In July 2019, the Federal Trade Commission imposed a $5 billion civil penalty on Facebook — the largest privacy penalty ever levied against any company in the world at the time. Facebook agreed to pay the record-breaking sum and submit to sweeping new restrictions and a modified corporate structure to settle FTC charges that it…
The 2017 Equifax data breach exposed the personal information of approximately 147 million Americans — and the resulting $700 million settlement with the FTC, CFPB, and 50 state attorneys general remains one of the largest consumer data breach settlements in U.S. history. All claim filing deadlines have now passed — the extended claims period ended…
Senator Adam Schiff (D-CA) warned ABC News and CBS News on Friday that their multi-million dollar settlements with President Donald Trump will face congressional investigation if Democrats retake control of Congress in the 2026 midterms. Schiff made the remarks on Friday’s episode of “The Town” podcast, telling media companies they need to understand there will…
A sixth-grade girl from Rockton who was thrown 100 feet into a ditch after a car plowed through an active school bus stop sign in January 2025 has received a $52 million settlement — the largest settlement with an injured pedestrian in Winnebago County history. The family of the Stephen Mack Middle School student accepted…
Louisville, Kentucky has agreed to pay $800,000 in attorneys’ fees to settle a First Amendment lawsuit brought by Christian wedding photographer Chelsey Nelson against the city’s Louisville-Jefferson County Metro Government. Nelson filed the lawsuit in 2019, arguing Louisville’s Fairness Ordinance could force her to create photographs and blogs celebrating same-sex marriages that conflicted with her…
Keurig Dr Pepper (NASDAQ: KDP) has officially declared its public cash offer for JDE Peet’s (Euronext: JDEP) unconditional. The offer period closed on March 27, 2026, with 466,712,270 shares tendered — representing 96.22% of all JDE Peet’s shares, with a total aggregate value of approximately EUR 14.86 billion. Settlement takes place on April 1, 2026,…