Aug 22, 2014

Bank of America settlement likely to benefit few

Bank of America’s record $16.65 billion settlement for its role in selling shoddy mortgage bonds — $7 billion of it geared for consumer relief — offers a glint of hope for desperate homeowners. The settlement requires the second-largest U.S. bank to reduce some homeowners’ ...

Bank of America settles mortgage probes with DOJ for $16.65 billion

Aug 21, 2014

Bank of America settles mortgage probes with DOJ for $16.65 billion

Bank of America Corp. has reached a $16.65 billion settlement with U.S. regulators to settle charges that it misled investors into buying troubled mortgage-backed securities. The settlement announced on Thursday by the U.S. Department of Justice calls for the second-largest U.S. bank to pay ...

Mar 19, 2014

Toyota set to pay $1.2 billion to settle U.S. criminal probe

Toyota Motor Corp. has reached a settlement to end a U.S. criminal probe of sudden unexpected acceleration of its vehicles, three people familiar with the matter said. The settlement, which isn’t final, could be announced as early as Wednesday in the U.S. and will ...

Dec 14, 2013

Cadmium poisoning redress eyed

Mitsui Mining & Smelting Co. intends to pay ¥600,000 in compensation to those it poisoned by cadmium in one of Japan's worst industrial disasters.

Jul 17, 2013

Japan to settle suit with ward who wants to vote

The government has agreed to settle a lawsuit brought by an Ibaraki woman under guardianship who wants to exercise her right to vote, following talks with the woman, internal affairs minister Yoshitaka Shindo announced. The government plans to announce details of the settlement after ...

Jul 3, 2013

Bunny outfit rebuke costs Kanebo

Kanebo Cosmetics Inc. settles a lawsuit with a woman in her 60s who sued the firm for forcing her to wear bunny costumes as a form of punishment when she failed to meet her sales target in 2009.

Jun 13, 2013

SEC fines Chicago exchange for regulatory lapses

Federal regulators Tuesday fined the Chicago Board Options Exchange $6 million, saying its staff interfered with its three-year investigation of short selling at a member firm in an unprecedented breakdown of trading supervision. The settlement, which calls for immediate remedial actions, is the first ...