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Duke Energy to pay $146 million to settle lawsuit over CEO ouster

2015-03-10 17:03:34| Oil & Gas - Topix.net

America's largest electric company said Tuesday that it is settling a lawsuit that claimed shareholders lost millions of dollars when Duke Energy surprised investors by ousting its CEO hours after a long-anticipated buyout of its smaller neighbor. Charlotte-based Duke Energy said its insurers and shareholders would pay $146 million to end the lawsuit filed after the company completed its July 2012 buyout of Raleigh-based Progress Energy Inc. The company set aside $26 million for the amount not covered by insurance and said consumers would not pay the cost.

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Duke Energy to pay $146 million to settle lawsuit over CEO ouster

2015-03-10 16:35:26| Energy - Topix.net

America's largest electric company said Tuesday that it is settling a lawsuit that claimed shareholders lost millions of dollars when Duke Energy surprised investors by ousting its CEO hours after a long-anticipated buyout of its smaller neighbor. Charlotte-based Duke Energy said its insurers and shareholders would pay $146 million to end the lawsuit filed after the company completed its July 2012 buyout of Raleigh-based Progress Energy Inc. The company set aside $26 million for the amount not covered by insurance and said consumers would not pay the cost.

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St. Louis County Will Pay $5.8M to Settle Haulers' Lawsuit

2015-03-02 14:58:00| Waste Age

<a href="http://www.stltoday.com/>St. Louis Post-Dispatch</a> A long-running lawsuit pitting three waste haulers against St. Louis County drew to a close on Friday when the county agreed to pay the haulers $5.8 million to settle their claims. read more

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Fauquier County, Va., Pays $250,000 to Settle Landfill Claim

2015-02-26 22:20:00| Waste Age

<a href="http://www.fauquier.com/">Fauquier.com</a> Without comment, the Fauquier County Board of Supervisors approved a $250,000 settlement this month with New Dominion Construction Inc., which had filed a claim of $2,174,671 for construction work it was contracted to do at the county landfill. read more

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DOJ and North Carolina AG Settle First-Ever Federal Discrimination Suit Involving Auto Lending

2015-02-23 17:36:14| Auto Dealers - Topix.net

On February 10, the DOJ, along with the U.S. Attorney's Office for the Western District of North Carolina and the North Carolina AG, announced the settlement of the federal government's discrimination suit involving two "buy here, pay here" auto dealerships. According to the DOJ, this is the federal government's first-ever settlement involving discrimination in auto lending.

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