Columbia Settles Student Loan Case
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Columbia University will overhaul its student loan operation and submit to monitoring by the attorney general for five years, according to a settlement announced today.
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WASHINGTON - Mortgage finance company Freddie Mac yesterday agreed to pay $50 million to settle Securities and Exchange Commission charges that it fraudulently misstated earnings over four years.
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ATLANTA A Mirant Corporation subsidiary has agreed to pay 12-and-a-half (M) million dollars to settle government claims. The federal government accused the bankrupt Atlanta-based energy supplier of trying
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Lawyers on both sides of the CBS Corp. and Howard Stern breach of contract lawsuit said Wednesday they have settled.
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Dutch grocery giant Royal Ahold NV yesterday settled Securities and Exchange Commission charges that its Columbia food distribution unit, US Foodservice, and other subsidiaries fraudulently
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International Business Machines Corp.  IBM.N has settled for an undisclosed sum part of a  potentially multi-billion-dollar lawsuit over its pension plan,  a Wednesday court filing shows.
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Ernst &amp; Young LLP will pay $40 million to the US Federal Deposit Insurance Corp. and is finishing a settlement to pay $85 million to the Office of Thrift Supervision to settle a case involving
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Charles Schwab Corp. SCH.N on  Tuesday said it had agreed to pay a fine of $350,000 to settle  SEC enforcement proceedings related to the processing of mutual  fund orders.
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A settlement was reached Saturday in the dispute over the estate of civil rights icon Rosa Parks, including the rights to her name and image, a lawyer in the case said.
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Fannie Mae agreed Wednesday to pay the government $7.5 million to settle a case in which the Justice Department alleged that the company knowingly accepted proceeds of a mortgage scam.
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NEW YORK - Mortgage financier Freddie Mac said yesterday it settled a dispute with bankrupt loan servicer American Home Mortgage Corp., clearing the way to pay $2.4 million in delayed property taxes on behalf of thousands of homeowners.
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House and Senate negotiators reached a deal Wednesday to boost aid to college students by cutting roughly $20 billion in government subsidies to banks that issue student loans.
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Financial-services giant Citigroup Inc. will pay $250,000 to settle allegations it used misleading sales material on hedge funds, the National Association of Securities Dealers announced Monday.
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WASHINGTON -- Financial-services giant Citigroup Inc. will pay $250,000 to settle allegations it used misleading sales material on hedge funds, the National Association of Securities Dealers said yesterday.
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Riggs Bank has agreed to plead guilty to a federal criminal charge and pay a $16 million fine to settle an investigation of money laundering at the D.C. bank, according to sources close to the matter.
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New York Attorney General Andrew Cuomo said on Friday that College Loan Corp., the seventh-largest U.S. student lender, would pay $500,000 as part of an agreement settling allegations that it offered perks to schools to win business.
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Janus Capital Group Inc. said Wednesday it has finalized a &#36;226.2 million settlement with state and federal regulators over improper trading allegations, part of a scandal sweeping the &#36;7 trillion mutual funds industry.