SETTLEMENT

BofA near $8.5 billion settlement on securities

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Bank of America Corp is close to a deal to pay $8.5 billion to settle claims from a group of powerful investors that lost money on mortgage-backed securities, a person familiar with the matter said on Tuesday.
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Nokia ends legal rift with Apple, accepts financial settlement

Nokia Wins Patent Battle Versus Apple

Mobile giant Nokia said it has signed a patent license deal with Apple that would end all the pending patent litigations between the two companies over iPhone, iPod and iPad.
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HSBC agrees $62.5 million Madoff lawsuit settlement

HSBC said it agreed to pay $62.5 million to settle a class action brought against it in the United States over its role in providing administrative services to a fund which placed cash with Wall Street swindler Bernard Madoff.
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TiVo results jump thanks to legal settlement

TiVo Inc , which makes digital video recorders, reported a quarterly profit, reversing a year ago loss, thanks to the blockbuster patent settlement it reached with Dish Network Corp and EchoStar Corp .
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LimeWire, RIAA settle copyright dispute for only $105 mln

LimeWire, a major peer-to-peer (P2P) company that was accused by the Recording Industry Association of America (RIAA) of being a platform for illegal music transfers, has been let off lightly as it settled the dispute at $105 million, far short of $1.4 billion that was first sought by the plaintiffs.

Feds Allege Google Profited from Illegal Drugs

Online pharmacies selling counterfeit drugs or not requiring prescriptions advertised on Google. Google allowed it to continue and now is setting aside $500 million to ward off criminal charges by settling.
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Google nears settlement over drugstore ads: report

Google Inc is close to settling a U.S. criminal probe into allegations that it made hundreds of millions of dollars from online pharmacy ads that break U.S. laws, the Wall Street Journal reported, citing people familiar with the matter.
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Fellow Hackers Blast Geohot For Sony Settlement

The hacker George Hotz, who settled with Sony after the company sued him for modifying his PlayStation 3 console, is getting a lot of flak from other hackers for not taking the fight further.

Court: Winklevoss Twins Can't Alter Facebook Deal

A federal appeals court has ruled that former classmates of Facebook founder Mark Zuckerberg must abide by a deal they made when they fought Zuckerberg over ownership of the idea for a social networking site.

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