settlement News

10 Entities Settle Insider Trading Case with SEBI for Rs 6 Crore: A Closer Look

Ten entities have settled an insider trading case with SEBI by paying Rs 6 crore, agreeing to a six-month market debarment. In related news, actor Saif Ali Khan was attacked, with ...

Robinhood's Broker-Dealers Face SEC Charges Over Multiple Securities Law Violations

The SEC has charged Robinhood's broker-dealers with multiple securities law violations, resulting in a $45 million settlement. The charges include failure to investigate suspicious...

UBS Set to Finalize Settlement in Credit Suisse's U.S. Tax Evasion Case

UBS Group AG is reportedly close to settling Credit Suisse's longstanding tax dispute with the U.S. Department of Justice, involving allegations of aiding American clients in tax e...

Grubhub Fined $25 Million for Deceptive Practices: What Happened?

Grubhub has agreed to pay $25 million to settle charges with the FTC over 'unlawful practices' against workers, restaurants, and diners. The FTC accused Grubhub of misleading emplo...

Meta Settles Cambridge Analytica Scandal with Australian Watchdog for $31.85M

Meta Platforms settles with Australia's privacy watchdog for A$50 million over the Cambridge Analytica scandal, ending a lengthy legal battle. The scandal involved the disclosure o...

McKinsey's $650M Settlement: Addressing Its Role in the Opioid Crisis

Consulting firm McKinsey & Co. has agreed to pay $650 million to settle federal charges related to its role in the U.S. opioid crisis, including a strategy to boost OxyContin sales...