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Sam Bankman-Fried Henchman to Forfeit $70 Million, Yacht in Settlement

Former Alameda Research co-CEO Sam Trabucco will forfeit his 53-foot yacht and waive claims worth $70 million in a proposed settlement with the FTX Bankruptcy Foundation. Sales too include Two apartment buildings in San Francisco, California, valued at $8.7 million. “Following constructive, arm’s-length negotiations, the Debtor, FTX DM and Trabucco have reached an agreement that […]

Walmart reaches opioid shareholder settlement

Walmart on Friday agreed to a settlement regarding the distribution of prescription opioids, according to a Security and Exchange Commission filing. this settlement The lawsuit includes three separate shareholder lawsuits alleging that Walmart does not adequately supervise the distribution and distribution of prescription opioids under the Controlled Substances Act. The agreement still requires court approval. […]

Elon Musk’s X, Unilever reach settlement after left-leaning ad boycott dustup

Elon Musk's X Company announced Friday that it has reached a settlement with Unilever in the social media company's wide-ranging federal antitrust lawsuit against a left-wing advertising cartel and several companies accused of orchestrating an ad boycott. The antitrust lawsuit, filed in Texas federal court in August, was filed by the left-wing Global Alliance for […]

Deshaun Watson reaches settlement with latest sexual assault accuser

Deshaun Watson has settled his latest civil lawsuit alleging sexual assault, according to multiple reports. The latest allegations stem from an alleged incident that occurred in 2020 while the anonymous plaintiff was on a date with the Browns quarterback last month. “We have now resolved our client's claims with Deshaun Watson,” said Tony Buzbee, the […]

Chevy and GMC truck owners could get up to $12,700 as part of $35M settlement

(WHTM) – Owners of certain Chevrolet and GMC trucks can claim a $35 million settlement over claims that General Motors concealed defects in high-pressure fuel injection pumps. Plaintiffs in the class action lawsuit allege that the component, known as the CP4 pump, is “unreasonably fragile and prone to catastrophic failure.” When pump parts rub against […]

Class-action settlement or lefty scam?

Have you received a letter saying you may be entitled to compensation? I'll get a lot. One person claimed that my union (which New York State forced me to join) may have cheated me on health insurance. I didn't think so, but I filled out the paperwork. I received a check for $557. wonderful! Except… […]