court settlement News

West Virginia Attorney General Settles with Car Dealer

West Virginia’s attorney general has reached a court settlement with a Cabell County used car dealer requiring he stand behind warranties, post unaltered buyer’s guides and ensure each vehicle sold will pass state safety inspection. It requires owner Shawn Dunfee …

Pittsburgh Settles Suit Stemming From G20 Summit

The city of Pittsburgh has settled a lawsuit filed by two men who said they were wrongly swept up in arrests during the Group of 20 economic summit two years ago. Solicitor Dan Regan said on Monday, Oct. 24, that …

AIG’s $725M Settlement with Pension Funds Gains Preliminary Approval

New York federal court gave a preliminary approval to American International Group’s $725 settlement deal with Ohio public pension funds. It’s another forward step in AIG’s effort to resolve ongoing legal dispute with investors in the consolidated 2004 securities litigation. …

Court Approves $33 Million Settlement for Ambac, Insurers, Banks

A judge granted preliminary approval for Ambac Financial Group Inc., insurers and some banks to pay $33 million to investors to settle litigation accusing the bond insurer of hiding the risks it took on by guaranteeing risky mortgage debt. In …