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Companies to pay Ohio $11.5M to settle road salt lawsuit
2015-06-03 23:14:48| Food - Topix.net
Ohio has reached an $11.5 million settlement with two rock salt producers who state officials say conspired to drive up prices paid by the state and its local governments, Attorney General Mike DeWine said. The settlement announced Wednesday ends a lawsuit filed by the state in 2012 against Cargill Inc. and Morton Salt Inc. It alleged the two companies agreed not to compete with each other to inflate prices over a decade, resulting in Ohio and local governments paying above-market prices for rock salt to de-ice roads, highways and bridges.
The Wall Street Journal: Safeway to pay hedge funds $44.50 a share to settle buyout suits
2015-06-02 20:13:20| Grocery - Topix.net
Safeway Inc. will pay a group of investment funds about 27% more than other shareholders received when the grocery chain was sold to private-equity-backed Albertsons earlier this year for $7.6 billion, a big win for hedge funds that challenge deals in court. Albertsons will pay three funds, which owned about 6% of Safeway stock, $44.50 a share in cash, or about $134 million more, as part of a court settlement in a buyout-related lawsuit, according to people familiar with the matter.
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BlackBerry, Typo Settle Keyboard Case
2015-06-01 22:03:15| PC Magazine Cell Phones Product Guide
The agreement requires Typo to permanently discontinue global sales of keyboards for handsets with a screen smaller than 7.9 inches.
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Teva pays $1.2 billion to settle pay-for-delay allegations
2015-05-28 19:32:28| Biotech - Topix.net
Federal regulators announced Thursday that Teva Pharmaceuticals Industries will pay $1.2 billion to settle charges that one of its subsidiaries illegally blocked the launch of low-cost generic versions of the blockbuster sleeping pill Provigil. The settlement is a major victory in the federal government's ongoing campaign against a common drug industry practice known as "pay-for-delay" deals.
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UPS agrees to settle government customer case
2015-05-25 03:58:08| Air Courier - Topix.net
United Parcel Service Co. agreed to pay more than $25 million to settle complaints that it kept false records to hide late deliveries of overnight packages to government customers.
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customer
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