A federal judge has blocked litigation that the trustee liquidating Bernard Madoff's firm said could undermine a $7.2 billion settlement meant to benefit the Ponzi schemer's former customers.
The second-largest U.S. coal producer, agreed to pay a $27.5 million fine and spend about $200 million to implement wastewater treatment systems.
Homeowners sued New York-based JPMorgan last year, claiming the bank placed required hazard and wind coverage with Assurant and other insurers at inflated rates.
Bloomberg reports that JPMorgan will pay about $100 million to settle a probe into the bank’s botched derivatives bets last year.
JPMorgan Chase & Co. resumed settlement talks with the U.S. as authorities prepared to sue the bank in California federal court.
Libor settlements are compelling banks to hand over information in a probe of additional financial benchmarks.
Royal Bank of Scotland Group Plc reportedly dismissed a London-based interest-rates trader after settling with regulators over the Libor scandal.
Regulators cleared Nasdaq OMX Group Inc.’s plan to pay $62 million to compensate brokers for its mishandling of Facebook Inc.’s public debut, dealing a defeat to Wall Street firms that say they lost many times that amount.
Federal court orders defendants to pay more than $5.4 million in restitution and civil monetary penalties.
Morgan Stanley won approval of a $4.8 million accord with the U.S. over claims it helped manipulate electricity prices.