CA, DOJ Reach Settlement
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Embattled management software vendor Computer Associates (Quote, Chart) has struck a deal with the US Department of Justice (DOJ) to avoid a court appearance over its accounting problems, reports indicated Wednesday morning.
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Sobs and a moment of silence for those who died during years of negotiations punctuated a Monday hearing at which a judge accepted a $660 million settlement between the Roman Catholic Archdiocese of Los Angeles and alleged victims of clergy sex abuse.
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SAN JOSE, Calif. _ Hewlett-Packard agreed today to pay $14.5 million to settle civil claims brought by the California attorney general's office, also today, arising from the company's board-spying scandal.
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California lawyers who reached a $1.1 billion class-action settlement with Microsoft will get less than half the legal fees they requested.
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Time Warner and its AOL subsidiary have reached a settlement with the US Department of Justice (DOJ) that ends an investigation of the company over accounting and disclosure practices.
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Time Warner Inc. has reached a settlement deal with the US Department of Justice (DOJ) concerning accounting issues with its America Online Inc.
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Arnold Schwarzenegger settles a dispute with a US car company over photos used without permission.
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The antitrust settlement between MicrosoftÂ and the Computer and Communications Industry Association (CCIA) announced earlier this month included a payment of $9.75 million to the CCIA's president, according to a report published Wednesday.
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The award for fees and costs comes in a case in which Microsoft agreed to allocate $1.1 billion for California consumers. By Associated Press.
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Merck has agreed to pay $650 million to resolve allegations that it overcharged state and federal governments for three top-selling drugs, marking one of the Justice Department's largest settlements ever in a healthcare fraud prosecution.
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Agreement on moving class-action suits to federal courts indicates bridge building between parties, for now.
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Fannie Mae yesterday agreed to pay the government $7.5 million to settle a case in which the Justice Department alleged that the giant housing-finance company knowingly accepted proceeds of a mortgage scam.
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Consumers and businesses in California  will have until Jan. 8 to claim their part of a $1.1 billion  class action settlement with Microsoft Corp. MSFT.O after the  California Superior Court awarded an extension, plaintiff's  attorneys said on Thursday.
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The California insurance commissioner said on Wednesday night that the broker had agreed to cooperate in developing a case against the insurers.
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(InfoWorld) - Washington's attorney general has settled the first case prosecuted under the state's 2005 Computer Spyware Act. The settlement announced Monday is with antispyware vendor Secure Computer. The White Plains, New York, software company wasÂ accused of marketing its product via deceptive spam and pop-up ads, which offered free spyware scans that always detected a problem with the computer that was scanned. The company and its president, Paul Burke, will pay $725,000 in legal fees and $200,000 in penalties, and will reimburse Washington state customers $75,000, said Paula Selis, senior council with the attorney general's office. "Given the scope of the defendants' practices and the amount of consumer harm out there, we feel this is a very fair settlement." More than 1,100 state residents purchased the company's Spyware Cleaner software since it went on the market in 2004, Selis said. Those customers will now be e-mailed by Secure Computer and offered a refund for the $49.95 product, under terms of the settlement. Secure Computer, which admits no wrongdoing in the matter, is also prohibited fromÂ using deceptive marketing techniquesÂ to promote its software, and the company must now review the advertising of its marketing affiliates to make sure they comply with the settlement. That seems like an unlikely possibility, however, because Spyware Cleaner was pulled from the market shortly after the lawsuits were filed in late January, and Secure ComputerÂ is now out of business,Â according to the company's Web site. Representatives from Secure Computer could not be reached for comment. Burke, who was Secure Computer's president, has formed a new company called Safe App Software, which is now selling a registry cleaner product, Selis said. That product is not being sold in the U.S. she added. Secure Computer and four of its business partners were sued by Microsoft and the Washington attorney general in January, but charges against three of the men have already been settled. A fourth man, Manoj Kumar of Maharashtra, India, could not be located, the attorney general's office said. Burke and Secure Computer settled the Microsoft lawsuit about two months ago, said Spencer Freeman, an attorney with Freeman Law Firm Inc. who represented the defendants in the case. Freeman declined to comment on Monday's settlement.ADVERTISEMENTNEW IT SERVICES FROM IBM: EASIER TO BUY AND IMPLEMENTDiscover a simpler, more cost-effective way to get the solutions your company needs to grow more flexible and efficient.
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Computer Associates International channel partners Wednesday said the company&#39;s settlement with federal prosecutors and the indictment of former CEO Sanjay Kumar was little more than the latest curiosity in the ongoing saga of CA&#39;s legal woes.
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Hewlett-Packard Co. said on Thursday it would pay California $14.5 million to settle a civil case related to board-leak investigations that led to the resignation of Chairman Patricia Dunn.