Sentences with phrase «as settlement for»

Uber chose to end its legal brawl with self - driving tech company Waymo, as it offered the Alphabet unit $ 245 million as a settlement for the autonomous technology theft.
Midwest City was founded by W. P. Atkinson in 1941 as a settlement for people affiliated with the recently built airfield adjacent to the city.
Originally laid out in 1832 by Barthelemy Lafon, the Garden District was created after the Louisiana Purchase as a settlement for the new American residents of New Orleans not eager to mingle with those of European descent, who were primarily concentrated in the French Quarter.
debt settlement [top] Debt settlement is a process of negotiating with creditors to accept an amount as settlement for less than full balance.
Earlier this year, after both sides reached an impasse, the Legislature approved a $ 1,000 payment to each AFSCME member as a settlement for 2016.
The actions will serve as settlement for FTC's charges against the ride - hailing company for deceiving customers by failing to monitor the access of Uber employees on personal information of riders and for failing to secure sensitive customer information that is stored in the cloud.
In 2008, the Winklevoss Twins received a $ 65 million payout from Facebook as settlement for the lawsuit filed against the social media giant.
The never ending stream of $ $ $ paid out by the city as settlements for NYPD related lawsuits attests to that.

Not exact matches

NEW YORK, April 25 - Venture capitalist Peter Thiel on Wednesday abandoned his effort to buy the irreverent news website Gawker.com, as part of a settlement freeing the billionaire from possible lawsuits for having secretly funded litigation that led to its demise.
As of now, Ripple's technology is mostly applied to real - time transaction settlements for banks.
Most states have a version of a model law known as the Unfair Claims Settlement Practices Act, which sets standards for handling claims and prohibits policies that, for example, require you to sue to collect.
The settlements rank as the largest known recovery from Moody's and S&P in a private lawsuit for civil damages, Calpers said.
It is an emerging area of intense interest for banks and other financial companies as well as technology developers, with potential uses in a range of financial transactions including securities settlement and payments.
As part of that settlement, the New York Department for Financial Services ordered it to hire an independent monitor to review its compliance operations.
The goal is to establish Vancouver as the first offshore settlement centre for the Chinese currency renminbi — also known as RMB or yuan — in North America, Clark said.
IDrive, which produces an online - backup service, has spent more than $ 2 million on legal and settlement fees, as well as a year's worth of employee time defending itself, all for charges it says are entirely without merit.
As part of the settlement announced Thursday, Aruze will no longer consider itself part of the 2010 agreement, which will open the door for Steve Wynn to renew his argument that his ex-wife's claims are moot.
That might seem like a huge stroke of luck for any company, but Johansson signed on after controversially severing her ties as an ambassador with human rights and aid organization Oxfam, which has long opposed Israeli settlement in the West Bank.
They argue that without proper (and expensive) preparations for the reintroduction of borders, such as customs points and truck parks, the U.K. has no fall - back position if it can't agree a settlement with the EU.
Garzik and his partner Matt Roszack expect the financial industry will begin using the blockchain for stock and loan settlements as soon as the end of this year.
Known as debt settlement, it's a process by which consumers stop paying unsecured creditors, wait months or even years until creditors have given up hope of collecting, then offer to settle outstanding balances for mere fractions of the amounts owing.
As for Cambridge, its team has roots in the American debt - settlement business that has drawn so much fire — and some of its earliest employees have been linked to companies accused of legal and regulatory violations in the U.S., according to court and corporate documents obtained by Canadian Business.
«This settlement represents a giant leap forward toward leveling the playing field and can serve as a model of best practices for other technology companies.»
THE Federal Privacy Commissioner has effectively set a new standard for the debt collection industry as a result of a settlement with Alliance Factoring.
«Today's settlements demonstrate that if you engage in conduct that violates the laws of the United States, as we alleged in this case, then even if you are doing so from across the ocean, you will have to answer for that conduct and turn over your ill - gotten gains.»
Evidence of lack of business integrity (such as indictments, pleas of guilt in legal cases, convictions for violations of legal behavior, adverse civil judgements, or out - of - court settlements).
For decades, he has negotiated and determined the size of settlement payouts for victims of such tragedies as the 9/11 terrorist attacks, the Virginia Tech massacre, the BP oil spill in the Gulf of Mexico, the Sandy Hook Elementary School mass shooting, and the Boston Marathon bombiFor decades, he has negotiated and determined the size of settlement payouts for victims of such tragedies as the 9/11 terrorist attacks, the Virginia Tech massacre, the BP oil spill in the Gulf of Mexico, the Sandy Hook Elementary School mass shooting, and the Boston Marathon bombifor victims of such tragedies as the 9/11 terrorist attacks, the Virginia Tech massacre, the BP oil spill in the Gulf of Mexico, the Sandy Hook Elementary School mass shooting, and the Boston Marathon bombing.
As a matter of practice, the SEC does not follow up on settlements to ensure there are no violations, according to a spokesperson for the regulator.
Blankfein served in Goldman's top spot for more than 12 years and his tenure features both the 2008 financial crisis (and multimillion - dollar settlements with the government over allegations that Goldman had lied to investors) as well as all - time highs for its stock price.
As part of the settlement, Uber will pay $ 20,000 in fines for failing to report unauthorized third - party access to drivers» personal information until months after discovering it.
As discussed in note (c), results of operations for the first quarter of 2018 were impacted by an $ 897 million pre-tax charge related to settlement of a previously disclosed lawsuit with the State of Minnesota and a $ 217 million measurement period adjustment relative to the accounting for the 2017 enactment of the Tax Cuts and Jobs Act.
He noted that the existing CDS system is capable of doing real - time settlements, but speeding up the overall process for other players in the capital markets ecosystem such as regulators is difficult.
It would be nice to say the world can now put the fiasco that was Spider - Man: Turn off the Dark behind it, but unfortunately the settlement opens up a new world of opportunity for the producers, such as potentially taking the show to Vegas, which should please co-writer Bono.
The son convinced his 68 - year - old mother to take the couple's sports cars, boats and planes as part of her $ 7 - million - plus settlement for his own enjoyment.
Backbench Conservative MP Jacob Rees - Mogg told The Times it would be «foolish» to approve a higher financial settlement for the EU, and former Tory leader Ian Duncan Smith urged the government to «sit tight» as the situation had tipped Brexit negotiation into chaos.
In 2003, with $ 80,000 of her settlement as seed money, Schuback launched the company Independent Empowerment to sell the bib and other products customized for the disabled.
A wise people, seeing the situation for what it truly is, would grapple with these harsh truths, determine a way to stop fighting literally on the other side of the world, and seek a settlement, not as victors, but as an honorable people.
In this class action insider trading case, Pomerantz, as Co-Lead Counsel, achieved a $ 135 million settlement for investors in the pharmaceutical company Elan Corp..
As part of a settlement, Facebook agrees to allow independent auditors to review its privacy practices for two years.
Amount earned as legal settlement for the case she filed against Rex Features Ltd for while spending the holiday in Cornwall
The photo op, celebrating a technological wonder built with the help of American dollars, came with considerable symbolism as Mr. Obama sought to showcase support for Israel after years of tensions over Jewish settlements and how to curb Iran's nuclear ambitions.
A report quotes Deputy Finance Minister Alexei Moiseev as describing the possible ban thusly: «The penalties will be... mostly administrative, but if someone created the cryptocurrency for the purpose of settlements, then there will be a criminal punishment.»
Shannon Liss - Riordan, an attorney for the drivers, acknowledged that the settlement does not achieve a reclassification of drivers as employees, but said the benefits are still significant.
As if the $ 100 million settlement for a couple of class - action lawsuits were not enough, Uber drivers are stepping up their efforts to have a stronger voice in the behemoth ride - hailing company.
The worldwide nominal value — also known as the notional or «face» value — of derivatives tripled in the five years leading up to the recession, at which time it was around $ 600 trillion, according to the Bank for International Settlements.
If your firm is being sued for its role as sponsor of a 401 (k) plan or named as a recordkeeper in another suit, know that you and your firm have «a divergent set of interests» that can result in a settlement detrimental to advisors.
Qualifying for the settlement procedure otherwise known as the «compromise program» consists of several factors.
The settlement has set the tone for Uber's future, as the ride - hailing company moves forward under the leadership of CEO Dara Khosrowshahi.
«Since 2006, more than a dozen banks have reached settlements with the Justice Department (United States) as restitution for violations related to money laundering.
The success rate for debt settlement is abysmal as well.
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