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Disney to pay $233M to settle ‘wage theft’ suit from Disneyland workers

The Walt Disney Company has agreed to pay $233 million to settle a class action lawsuit brought by Disneyland employees who claim the Mouse House oppressed them by failing to meet local minimum wage requirements. . Disney on Friday approved a preliminary settlement that will result in back pay with interest owed by more than […]

ABC News, Stephanopoulos Settle Defamation Lawsuit with Trump, Apologize

ABC News and anchor George Stephanopoulos have settled a defamation lawsuit filed by President-elect Donald Trump, agreeing to pay Trump $15 million and legal fees and issue a public apology. of hill reported The news organization and Mr. Stephanopoulos said they had issued a “public apology” and agreed to provide $15 million to be earmarked […]

McKinsey to pay $650M to settle DOJ criminal opioid probe

McKinsey & Company agrees to pay $650 million to resolve a Justice Department investigation into the consulting firm's work advising opioid maker OxyContin maker Purdue Pharma on how to increase sales did. McKinsey has filed a five-year lawsuit in federal court in Abingdon, Virginia, to resolve criminal charges brought as part of a rare corporate […]

Cantor Fitzgerald to pay $6.75M to settle SEC charges

Cantor Fitzgerald, the Wall Street firm that President-elect Donald Trump nominated for secretary of commerce, will pay a $6.75 million civil penalty after the incident. He was charged by the Securities and Exchange Commission with violating disclosure laws. The SEC said the global financial services company violated laws governing disclosure related to so-called “blank check […]