Sentences with phrase «settle allegations of wrongdoing»
New York received about $ 5 billion from banks and insurance companies to settle allegations of wrongdoing that contributed to the 2008 financial crisis.
http://www.syracuse.com/ Not exact matches
Netflix, LinkedIn, PayPal, and Groupon, have all been subject to allegations of wrongdoing, settled for millions of dollars.
Earlier in 2009, KBR, a former subsidiary of Halliburton, agreed to pay $ 402m after admitting that it bribed Nigerian officials, and Halliburton paid $ 177m to settle allegations by the US Securities and Exchange Commission without admitting any wrongdoing.
While the publishers have all stated rather vehemently that they are not guilty of any wrongdoing in the matter, they opted to settle the case out of court and pay damages in the millions of dollars because it would have been less expensive than going to trial over the allegations.