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This past month, Deutsche Bank has agreed to pay out $95 million dollars to resolve a lawsuit brought against the bank by the US Government. The suit, which was filed back in December of 2014, alleges that Deutsche Bank, in 2000, had been using an insolvent shell company within the United States to hide significant…
Read MoreAlthough Skechers, USA Inc. is the latest company to backtrack on advertising statements, this scenario isn’t exactly unprecedented. Our blog recently covered a settlement made by Nutella for $3 million after they advertised their spread as being nutritious. In the latest example of deceptive advertising practices, Skechers agreed on May 16, 2012 to pay $40…
Read More“Kitty” and “Miffy” Settle Out Of Court
July 7, 2011
The legal battle between “Hello Kitty” owner Sanrio and “Miffy” copyright manager Mercis finally ended with a settlement out of court. The parties decided to donate the 150 000 € settlement to the victims of the March 2011 earthquake in Japan and Cathy will disappear as a friend of Kitty. The Dutch firm Mercis sued…
Read MoreWal-Mart Settles Wage and Hour Class Action for $86 Million
November 19, 2010
OAKLAND, Calif., Nov. 9, 2010 — The United States District Court for the Northern District of California, Judge Saundra B. Armstrong, has granted final approval to the settlement of a wage and hour class action suit against Wal-Mart in California. The settlement, which provides for a payment of between $43 million and $86 million (including…
Read MoreGoogle Agrees to Change Ad Policy to Settle Case
October 28, 2010
PARIS — Google has pledged to overhaul its rules and procedures for blocking certain advertisers from buying “sponsored links” on its search engine as part of a settlement with French authorities announced Thursday. As part of the deal with French Competition Authority, Google agreed to adopt conditions, including a three-month notification period, when it rejects…
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