A federal judge has given the final approval of Volkswagen’s $15 billion settlement agreement with private plaintiffs represented by a Court-appointed Plaintiffs' Steering Committee. Eligible customers can now submit their claims to the German automaker.
JPMorgan Chase is taking the necessary steps after its illegal methods of collecting debts from its card holders have been exposed. The nation's largest bank is now willing to pay $100 million just to settle the lawsuit that sprang from its controversial debt-collecting gesture.
Honda Motor Co.'s financial arm has been identified by the government to have discriminated minority customers in their auto loans. Borrowers who were from Black, Asian and Hispanic races were given higher interest rates than white debtors.
Target Corp (TGT.N) has agreed to pay $10 million in a proposed settlement of a class-action lawsuit related to a huge 2013 data breach that consumers say compromised their personal financial information, court documents show.
UBS AG (UBSN.VX) has agreed to pay $120 million to settle a lawsuit by investors who accused the Swiss bank of misleading them about the financial condition of Lehman Brothers Holdings Inc in connection with the sale of structured notes.