Hawaiian Electric raises going concern risk over Maui wildfire settlement financing

Maui business owner Javier Cantelops talks in “Cavuto: Coast to Coast” about why the island needs to bring tourists back for business. Hawaiian Electric The company said it still had no plans to raise funds for the $1.99 billion Maui wildfire settlement it agreed to earlier this month, and cited going concern risks in its […]
Cash App settlement: Are you eligible to claim up to $2,500?

(NEXSTAR) — Have you used Cash App since 2018? You may be eligible to get a share of the $15 million settlement agreed to by Block Inc. (which owns Cash App) after being sued for negligence following two data breaches. According to the class action lawsuit, Block and Cash App Investing were “negligent and in […]
2023 Lahaina Wildfire Lawsuits Nearing $4 Billion Settlement

Hawaii’s Democratic governor said Wednesday that parties in a lawsuit over the 2023 wildfires are close to a settlement. The lawsuit was filed against the state, Maui County and public utilities in response to a devastating wildfire that ravaged Lahaina in August 2023 and caused devastating damage to residents, according to the Associated Press. report […]
Attorney General Ken Paxton Reaches $1.4 Billion Settlement with Mark Zuckerberg’s Meta

Texas Attorney General Ken Paxton (Republican) announced that Facebook has won a $1.4 billion settlement from Mark Zuckerberg’s Meta over privacy concerns about the company’s collection of facial and biometric data from Texas users without their consent. “We secured a $1.4 billion settlement with Meta to stop the company from collecting and using the personal […]
$335 million UFC antitrust settlement denied in ‘unusual step’

Rebook the match. Four months after UFC and plaintiffs settled a long-running antitrust lawsuit against the mixed martial arts giant by paying past and current athletes $335 million, U.S. District Judge Richard Bowlwer in Las Vegas declined to tentatively approve the settlement terms late on Tuesday night. In a surprising move during the July 12 […]
Former professor who criticized DEI policies at California college receives $2.4 million settlement

A former tenured professor in California has reached a huge $2.4 million settlement with his former employer after he was allegedly disciplined for criticizing the DEI policies at the community college where he previously worked. College Fix report. 2021, Matthew Garrett Lawsuit filed Garrett filed a complaint against the Kern Community College District after he […]
Meta settles with Texas for $1.4 billion for unauthorized capture of biometric data in record settlement

Texas Attorney General Ken Paxton Announced On Tuesday, Meta, formerly known as Facebook, announced it had agreed to a record settlement over the unauthorized harvesting of biometric data. “I am proud that our vigorously pursued justice for Americans whose privacy rights were violated by the use of Meta’s facial recognition software, resulting in the largest […]
Texas Secures Massive $1.4B Settlement Over Meta’s Secret Use Of Facial Recognition On Facebook Photos

The state of Texas reached a $1.4 billion settlement with Meta on Tuesday over the use of facial recognition scans, according to a press release. Texas Attorney General Ken Paxton sued Mehta in February 2022, alleging that the company violated the Texas Acquisition and Use of Biometric Identifiers Act (CUBI) and the Unfair Trade Practices […]
Supreme Court blocks $6B Purdue Pharma settlement | FOX 5 News

The U.S. Supreme Court is preventing Purdue pharma from moving forward with bankruptcy proceedings. Subscribe to FOX 5 … source
NCAA releases details of proposed $2.78 billion settlement with former athletes

The NCAA and its top five conferences have proposed paying about $3 billion to former athletes to settle a class-action antitrust lawsuit. The proposed agreement would regulate payments from boosters while also paving the way for schools to directly compensate athletes. “NCAA college athletes have waited decades for this moment, and now they are finally […]