International Business News - Settlement http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif A unit of Biovail has agreed to pay nearly $25 million to settle federal criminal charges that it illegally paid doctors so that they would prescribe a blood pressure drug. http://www.ibtimes.com/articles/20080516/drug-maker-settles-federal-probe-for-24-6m.htm Fri, 16 May 2008 17:27:24 EDT Specialty pharmaceutical comnpany Biovail Corp. Friday said it reached a settlement with the Justice Department in regard to a criminal investigation regarding the launch of the blood pressure medication Cardizem LA. http://www.ibtimes.com/articles/20080516/biovail-settles-justice-department-probe-for-24-6m.htm Fri, 16 May 2008 14:31:51 EDT A Catholic order of priests that refused to join a record sex-abuse settlement between accusers and the Los Angeles Archdiocese has reached a deal, an attorney for the plaintiffs said. http://www.ibtimes.com/articles/20080516/order-that-sat-out-la-abuse-settlement-makes-deal.htm Fri, 16 May 2008 00:17:27 EDT A grower-owned sugar processing cooperative will pay a $210,000 civil penalty and upgrade its clean-air technology to resolve pollution violations, the federal government said Thursday. http://www.ibtimes.com/articles/20080515/mich-sugar-processor-fined-for-pollution.htm Thu, 15 May 2008 17:53:32 EDT Computer Sciences Corp. has agreed to pay $1.37 million to settle allegations that it received kickbacks on contracts with government agencies, the Department of Justice said Tuesday. http://www.ibtimes.com/articles/20080513/csc-to-pay-1-37-million-to-settle-federal-probe.htm Tue, 13 May 2008 14:31:56 EDT Pinnacle Entertainment Inc. said Tuesday it will receive an additional $48 million from Allianz Global Risks US Insurance Co. to settle a lawsuit related to Hurricane Katrina damage at a former Mississippi casino and its Boomtown New Orleans facility. http://www.ibtimes.com/articles/20080513/pinnacle-to-get-48m-from-allianz-in-settlement.htm Tue, 13 May 2008 07:59:10 EDT Apple Inc. has agreed to settle a pair of class-action lawsuits in Canada alleging it misled customers about the staying power of their iPods, the latest courtroom truce over the dwindling battery life of early generations of the device. http://www.ibtimes.com/articles/20080509/apple-agrees-to-settle-ipod-lawsuit.htm Fri, 09 May 2008 19:19:02 EDT At least two major oil companies said late Wednesday they have agreed to settle lawsuits over the use of the gasoline additive MTBE, a potential carcinogen that has been found in drinking water. http://www.ibtimes.com/articles/20080507/oil-companies-agree-to-settle-mtbe-contamination-lawsuits.htm Wed, 07 May 2008 21:03:20 EDT Nineteen Massachusetts local governments and public agencies will recover more than $35 million from UBS in a settlement over risky investments that turned sour instead of generating cash for public works. http://www.ibtimes.com/articles/20080507/mass-govts-agencies-to-recover-35m-in-ubs-settlement.htm Wed, 07 May 2008 14:33:57 EDT While asserting that the proposed $4.85 billion settlement for illness associated with Vioxx remains on track, the painkiller's manufacturer on Thursday extended until June 30 the deadline for registered participants to submit paperwork. http://www.ibtimes.com/articles/20080501/merck-extends-deadline-for-vioxx-registrants-to-submit-proof.htm Thu, 01 May 2008 18:52:20 EDT Cell phone and wireless equipment maker UTStarcom Inc. said Thursday it agreed to settle charges stemming from a Securities and Exchange Commission investigation into the company's option grant awards practices and sales contracts in China. http://www.ibtimes.com/articles/20080501/utstarcom-settles-sec-complaint.htm Thu, 01 May 2008 18:35:25 EDT L-1 Identity Solutions Inc., which produces identification cards and credentials, said Thursday it has settled long-standing litigation over iris recognition technology and intellectual property rights with LG Electronics Inc. http://www.ibtimes.com/articles/20080501/l-1-identity-settles-lawsuit-with-lg-electronics.htm Thu, 01 May 2008 12:36:52 EDT A bankruptcy judge on Wednesday approved a $37 million settlement between the Roman Catholic Diocese of Davenport and more than 160 people who say they were sexually abused by its priests. http://www.ibtimes.com/articles/20080430/judge-approves-settlement-for-clergy-abuse-victims-in-iowa.htm Wed, 30 Apr 2008 19:38:35 EDT Medical technology maker Cyberonics Inc. said Monday it has settled pending litigation with note holders regarding a default and acceleration of the company's $125 million of convertible notes. http://www.ibtimes.com/articles/20080421/cyberonics-settles-lawsuit-regarding-default-of-notes.htm Mon, 21 Apr 2008 11:41:44 EDT Former Fannie Mae chief Franklin Raines and two other top executives are paying a total of nearly $31.4 million in a settlement with the government over their roles in a 2004 accounting scandal. Rai... http://www.ibtimes.com/articles/20080418/former-fannie-chief-agrees-to-24-7-million-settlement.htm Fri, 18 Apr 2008 13:55:01 EDT The government is expected to announce Friday a settlement with former Fannie Mae chief Franklin Raines and two other top executives for allegedly manipulating earnings and costing shareholders billi... http://www.ibtimes.com/articles/20080417/government-settlement-expected-for-former-fannie-execs.htm Thu, 17 Apr 2008 19:38:55 EDT A California judge has approved the settlement of a class-action lawsuit that will compensate about 800,000 Ford Explorer owners whose vehicles lost value because of a perceived rollover danger. The... http://www.ibtimes.com/articles/20080415/california-judge-approves-ford-explorer-settlement.htm Tue, 15 Apr 2008 20:13:55 EDT Tyco International Ltd. has reached a preliminary agreement to pay $250 million to settle a lawsuit alleging the conglomerate's plan to split into three companies was unfair to bondholders, the comp... http://www.ibtimes.com/articles/20080411/tyco-agrees-to-250m-suit-settlement.htm Fri, 11 Apr 2008 16:45:56 EDT Federal regulators said seven electronics manufacturers have agreed to pay a total of $3.4 million to settle possible violations of a digital television rule. The Federal Communications Commission l... http://www.ibtimes.com/articles/20080411/fcc-companies-settle-alleged-violations.htm Fri, 11 Apr 2008 16:39:57 EDT Environmental regulators on Friday said Fujifilm Graphic Systems USA Inc. will pay $40,721 to settle alleged federal violations of hazardous waste regulations. The company's Hanover Park, Ill. offi... http://www.ibtimes.com/articles/20080411/fujifilm-settles-hazardous-waste-charges.htm Fri, 11 Apr 2008 15:26:33 EDT