Settlement

Settlement Approval Hearing in Nissan Data Incident Class Action

Retrieved on: 
Friday, March 15, 2024

TORONTO, March 15, 2024 /CNW/ - A proposed settlement has been reached in two certified class action lawsuits, the first which was instituted against Nissan Canada Inc., Nissan Canada Financial Services Inc. / Services Financier Nissan Canada Inc. and Nissan North America, Inc. ("Nissan") in Ontario and the second which was instituted against Nissan Canada Inc. in Québec

Key Points: 
  • TORONTO, March 15, 2024 /CNW/ - A proposed settlement has been reached in two certified class action lawsuits, the first which was instituted against Nissan Canada Inc., Nissan Canada Financial Services Inc. / Services Financier Nissan Canada Inc. and Nissan North America, Inc. ("Nissan") in Ontario and the second which was instituted against Nissan Canada Inc. in Québec
    The lawsuits allege that Nissan is liable for damages resulting from an incident in which it received an anonymous email from an unknown individual claiming to have information about Nissan customers, and demanding a ransom be paid to return the data (the "Data Incident").
  • APPROVAL HEARING: The proposed Settlement must be approved by the Courts to become effective.
  • The approval hearings will take place on:
    If the settlement is approved, class members who have suffered damages, losses, costs and/or unreimbursed expenses caused by the Data Incident would be eligible for the reimbursement of such damages up to CAD $2,500.
  • For more detailed information regarding the objection process, and to view the Settlement Agreement, Court-approved notices, and other documents, please visit the settlement website www.nissandatasettlement.com .

Did you purchase or acquire a Bosch-manufactured microwave/oven equipped with a vacuum fluorescent display (VFD) control panel? If so, you may be entitled to benefits from a class action settlement

Retrieved on: 
Thursday, March 14, 2024

IRVINE, Calif., March 14, 2024 /PRNewswire/ -- CPT Group, Inc., announces a proposed Settlement in a class action lawsuit called Peterson et al. v. BSH Home Appliances Corporation Case No. 2:23-cv-00543-RAJ, United States District Court Western District of Washington at Seattle (the "Settlement").

Key Points: 
  • IRVINE, Calif., March 14, 2024 /PRNewswire/ -- CPT Group, Inc., announces a proposed Settlement in a class action lawsuit called Peterson et al.
  • 2:23-cv-00543-RAJ, United States District Court Western District of Washington at Seattle (the "Settlement").
  • In addition, Service Awards to the Class Representatives, Notice and Administration to the Settlement Administrator, and Attorney's Fees to Class Counsel will be paid from the Settlement Fund.
  • For more information and to view the full notice or Settlement Agreement, visit the Settlement Website at www.BSH-VFDSettlement.com .

CIRO Sanctions Fortrade Canada Limited

Retrieved on: 
Monday, March 11, 2024

TORONTO, March 11, 2024 /CNW/ - On February 20, 2023, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) held a hearing under the Investment Dealer and Partially Consolidated Rules and accepted a settlement agreement, with sanctions, between CIRO Enforcement Staff and Fortrade Canada Limited (Fortrade).

Key Points: 
  • TORONTO, March 11, 2024 /CNW/ - On February 20, 2023, a hearing panel of the Canadian Investment Regulatory Organization (CIRO) held a hearing under the Investment Dealer and Partially Consolidated Rules and accepted a settlement agreement, with sanctions, between CIRO Enforcement Staff and Fortrade Canada Limited (Fortrade).
  • Fortrade is a CIRO-regulated order execution only (OEO) firm.
  • CIRO rules prohibit firms from providing recommendations to clients holding OEO accounts.
  • In the settlement agreement, Fortrade admitted to making recommendations to clients, failing to establish and maintain a supervisory system that was reasonably designed to achieve compliance with CIRO requirements and failing to retain adequate records to demonstrate compliance with CIRO requirements.

Scott+Scott Attorneys at Law LLP & Hedin Hall LLP Announce Notice of Class Action and Proposed Settlement to All Who Purchased or Acquired Shares of Viatris Inc. Pursuant to a November 2020 Merger of Mylan N.V. and Upjohn, Inc. to Form Viatris

Retrieved on: 
Monday, March 11, 2024

your rights MAY be affected by a class action lawsuit pending in this court.

Key Points: 
  • your rights MAY be affected by a class action lawsuit pending in this court.
  • A hearing will be held on June 12, 2024 at 1:00 p.m. Eastern Time, before the Hon.
  • Please do not contact the Court, the Clerk's office, Viatris, the other Defendants, or their counsel regarding this notice.
  • All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to Lead Counsel or the Claims Administrator.

Laredo Oil, Inc. Announces Agreement to Settle Litigation with A&S Minerals Development Company, LLC

Retrieved on: 
Monday, March 11, 2024

AUSTIN, Texas, March 11, 2024 /PRNewswire/ -- Laredo Oil, Inc. (OTC Pink Sheets: LRDC), an exploration and production company (the "Company"), today announced that Lustre Oil Company  LLC ("Lustre"), a wholly owned subsidiary of the Company, has entered into a mutually agreeable Settlement  Agreement between Lustre, Erehwon Oil & Gas, LLC ("Erehwon"), and A&S Minerals Development Company, LLC  ("ASMD"), (the "Settlement Agreement").

Key Points: 
  • AUSTIN, Texas, March 11, 2024 /PRNewswire/ -- Laredo Oil, Inc. (OTC Pink Sheets: LRDC), an exploration and production company (the "Company"), today announced that Lustre Oil Company  LLC ("Lustre"), a wholly owned subsidiary of the Company, has entered into a mutually agreeable Settlement  Agreement between Lustre, Erehwon Oil & Gas, LLC ("Erehwon"), and A&S Minerals Development Company, LLC  ("ASMD"), (the "Settlement Agreement").
  • The confidential Settlement Agreement contains an undisclosed cash amount and settles the quiet title dispute between the parties.
  • According to Mark See, Chairman and CEO of the Company, "This agreement amicably settles the dispute between Lustre, Erehwon and ASMD regarding ownership of mineral rights in Valley County, Montana and provides clear title to both parties regarding their mineral rights.
  • I feel this settlement positively resets our relationship with ASMD and we look forward to working with ASMD as we develop our mineral rights in the area.

Court Grants Final Approval in General Electric ERISA Case

Retrieved on: 
Monday, March 11, 2024

BOSTON, March 11, 2024 (GLOBE NEWSWIRE) -- Judge Indira Talwani of the United States District Court for the District of Massachusetts has granted final approval of a $61 million cash settlement in IN RE: GE ERISA LITIGATION.

Key Points: 
  • BOSTON, March 11, 2024 (GLOBE NEWSWIRE) -- Judge Indira Talwani of the United States District Court for the District of Massachusetts has granted final approval of a $61 million cash settlement in IN RE: GE ERISA LITIGATION.
  • Subsequently, other firms joined and co-litigated the matter on behalf of a nationwide class for almost 8 years through hard fought litigation and settlement.
  • “This is the largest settlement ever in an ERISA case alleging a retirement plan improperly offered proprietary funds.
  • “This was a long and hard-fought case and illustrates that Sanford Heisler Sharp will go the distance and is in these cases for the long haul,” Field said.

PHAXIAM Therapeutics announces effectiveness of voluntary delisting of American Depositary Shares from Nasdaq Stock Market

Retrieved on: 
Monday, March 11, 2024

Lyon (France) and Cambridge (MA, US), March 11, 2024, at 07:00am CET – PHAXIAM Therapeutics (Nasdaq & Euronext: PHXM), a biopharmaceutical company developing innovative treatments for severe and resistant bacterial infections, today announces that the Company’s voluntary delisting of American Depositary Shares (“ADSs”) representing its ordinary shares from The Nasdaq Capital Market (“Nasdaq”) has become effective.

Key Points: 
  • Lyon (France) and Cambridge (MA, US), March 11, 2024, at 07:00am CET – PHAXIAM Therapeutics (Nasdaq & Euronext: PHXM), a biopharmaceutical company developing innovative treatments for severe and resistant bacterial infections, today announces that the Company’s voluntary delisting of American Depositary Shares (“ADSs”) representing its ordinary shares from The Nasdaq Capital Market (“Nasdaq”) has become effective.
  • The Bank of New York Mellon serves as depositary (the “Depositary”) for the Company’s ADS facility.
  • On or about May 28, 2024, the Depositary may elect to sell the underlying ordinary shares.
  • Investors will receive either the underlying ordinary shares (if those have not yet been sold by the Depositary) or the cash received by the Depositary received upon sale of underlying ordinary shares, net of fees, if those underlying ordinary shares were sold.

Faruqi & Faruqi, LLP Announces Pendency of Class Action Involving Purchasers of Peloton Interactive, Inc. Securities

Retrieved on: 
Wednesday, March 6, 2024

BROOKLYN, N.Y., March 06, 2024 (GLOBE NEWSWIRE) -- The following statement is being issued by Faruqi & Faruqi, LLP regarding Peloton Interactive, Inc. Securities Litigation.

Key Points: 
  • BROOKLYN, N.Y., March 06, 2024 (GLOBE NEWSWIRE) -- The following statement is being issued by Faruqi & Faruqi, LLP regarding Peloton Interactive, Inc. Securities Litigation.
  • SUMMARY NOTICE OF (I) PENDENCY OF CLASS ACTION AND PROPOSED SETTLEMENT; (II) SETTLEMENT HEARING; AND (III) MOTION FOR ATTORNEYS’ FEES AND LITIGATION EXPENSES
    To: All Persons who purchased or otherwise acquired Peloton Interactive, Inc.’s (“Peloton”) securities between September 11, 2020 and May 5, 2021, inclusive, and who suffered damages thereby (“Settlement Class”).
  • The Court may change the date of the Settlement Hearing, or hold it telephonically, without providing another notice.
  • You do NOT need to attend the Settlement Hearing to receive a distribution from the Net Settlement Fund.

Verizon announces cap increase and early participation results for tender offers for five series of its debt securities

Retrieved on: 
Thursday, February 29, 2024

The Offers will each expire at 4:00 p.m. (London time) on March 14, 2024, unless extended by Verizon.

Key Points: 
  • The Offers will each expire at 4:00 p.m. (London time) on March 14, 2024, unless extended by Verizon.
  • All conditions to the Offers were deemed satisfied by Verizon by the Early Participation Date, or timely waived by Verizon.
  • Accordingly, Verizon will settle all Notes validly tendered at or prior to the Early Participation Date and accepted for purchase, on March 4, 2024 (the “Early Settlement Date”).
  • The Total Consideration for each series of Notes includes an early participation payment of €50 per €1,000 principal amount of Notes.

Silver Bull Provides Update on Its Arbitration Claim Against Mexico

Retrieved on: 
Tuesday, February 27, 2024

VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (“Silver Bull” or the “Company”) provides an update on progress with its international arbitration claim against the United Mexican States (“Mexico”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (“Silver Bull” or the “Company”) provides an update on progress with its international arbitration claim against the United Mexican States (“Mexico”).
  • The evaluation is underway and will serve as the foundation for determining the value of Silver Bull’s claim against Mexico.
  • Silver Bull anticipates filing its Memorial in May 2024, with the Arbitration hearing slated for October 2025.
  • Any forward-looking statements in this document are intended to provide Silver Bull security holders and potential investors with information regarding Silver Bull, including management's assessment of Silver Bull’s future plans and financial outlook.