The charges to which McKittrick refers are part of a settlement the company made in an unrelated suit.
The lawsuit coincides with a settlement by the company and the Securities and Exchange Commission.
When Lerach negotiates a settlement with a company, he includes Monks' proposals for changes in governance (and pays Monks an advisory fee).
Then they negotiate a settlement with the company and ask the court for a fee to reward them for their hard work.
As part of the settlement, the company has to make a series of improvements to the safety and emergency responses on its rigs.
Before the department and the commission will sign off on a settlement, the company must satisfy them that the rest of its operations are squeaky clean.
The proposed Gateway settlement affects any company that materially changes its privacy policies in ways that contradict promises made to consumers at the time their information was collected.
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's Safari Internet browser that it would not place tracking "cookies" or serve targeted ads to those users, violating an earlier privacy settlement between the company and the FTC.
Indeed, courts and regulators often require that such a monitor be embedded in a company to prevent future wrongdoing as part of a legal settlement of charges the company has engaged in wrongdoing.
Complicating RIM's prospects is the likelihood that even if it can get a good settlement, the company will be hit with lawsuits from shareholders angry that it spent so much time and money to fight NTP's claim.
That dispute ended in a settlement that required the company to change their social media policy in February.
That is what happened with Japan National Railways Settlement Corporation, a company set up ten years ago to assume the massive debts of the privatised railway network.
This will be the largest settlement amount by any auto company anywhere in history.
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The owners of a pier which was devastated by a fire in 2008 have reached an out-of-court settlement with an alarm monitoring company.
After a trial and an appeal, the Justice Department and the company reached a settlement in which Microsoft agreed to share some of its software code with competitors.
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American Electric Power, meanwhile, said that it would close three coal-fired power plants in Ohio, part of an earlier legal settlement that also requires the company to build 200 megawatts of wind and solar.
The process was set up as the company was negotiating a settlement, now being finalized, over charges of massive Medicare fraud.
The company received an insurance settlement of 10.8 million dollars.
The proposed settlement orders will ban the software company and the rent-to-own stores from using monitoring software, and will ban them from using deception to gather any information from consumers.
He added that the settlement won't materially affect the company's financial situation or performance.
Pfizer reached a settlement that enabled Actavis and a second company to sell slightly cheaper generic versions starting Nov. 30, 2011 and several other generic drugmakers to begin selling generic Lipitor six months later.
In May, Mr. Almunia launched settlement talks with Google, demanding the company sign up to far-reaching changes to the way it lists its own products and services in its search results and treats its advertising clients.
Obviously, a ban on selling smartphones would be a huge blow to RIM, but it would be safe to assume the company will work out a settlement to the dispute that would provide additional royalty revenue to Nokia.
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Securities class actions have been under strong and periodically successful attack by critics who say it is a lucrative industry for plaintiff lawyers that rarely rewards individual shareholders, or does so at the expense of the current investors in a company that pays a big settlement (the cases almost never go to trial.) Last year, in Morrison vs.
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Barry Richards, of Paradigm Capital, said the settlement removes the biggest legal risk to the company's business.
The settlement was industry-wide, regardless of company, thus equalizing the sharing of risk and the benefits of "social" insurance.
And the deal was reached after Guinness and GrandMet reached a settlement with their largest shareholder, French drinks company LVMH.
After years of suing the bank Istituto Mobiliare Italiano for causing the liquidation of his chemicals company, he won a huge settlement.
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