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...PwC and Aegean’s other auditor Deloitte have already paid $14.9mn each in legal settlements with investors in the US-listed company. PwC said the settlement with the PCAOB draws a line under the issue....
...The firm has already struck a £193mn settlement with Volkswagen over claims it misled consumers about nitrogen oxide emissions from its diesel cars....
...Entain’s chair Barry Gibson has encouraged the investors to be patient with their demand for board seats to avoid derailing the group’s negotiations over an estimated £585mn settlement with UK authorities...
...Several of Vista’s senior dealmakers, including Brian Sheth and Alan Cline, left following the settlement....
...Google, meanwhile, argues that its charges are justified by the costs of running the Android mobile platform and all the other services it provides to developers, even when they do not use its payment service...
...This article has been amended to reflect the details of Millennium’s 2005 settlement...
...It’s rare for an investor to sell a stake in a buyout fund for reputational reasons, underlining the challenge facing Vista as it tries to draw a line under a scandal that saw Smith agree a $140mn settlement...
...A recent report published by the Royal United Services Institute said influence operations were “core components” of Russia’s unconventional warfare concepts....
...Elliott’s fight ended in a $2.4bn settlement in 2016, but Argentina is in even worse shape now, ahead of elections in October....
...Two decades on from the Eliot Spitzer settlement that shook up the investment research business, there are four reasons why it is still shrivelling in size and credibility: declining information advantage...
...Some of the surviving firms were hobbled by heavy trading losses, fines and settlements worth billions of dollars, and distracted management....
...Using a blockchain platform for bond issuance makes payment settlement faster, speeding up secondary trading....
...He said he did not know if Simon Case, the head of the civil service, had known about the negotiations....
...The media reported in July that Zahawi was under investigation by HMRC — he concluded a £5mn settlement with the tax authority in September 2022 — prompting questions about why Case and the Cabinet Office...
...The settlement, which imposed a number of technical restrictions on Microsoft, has clearly not dented its ability to turn a profit in the long run....
...The Number 10 ethics adviser Sir Laurie Magnus found that Zahawi had breached the ministerial code seven times in his handling of an estimated £5mn settlement with HM Revenue & Customs....
...Zahawi paid £5mn to HMRC, including a £1mn penalty, to reach a settlement with the UK tax authority while he was chancellor last summer....
...Wigdor filed a civil lawsuit and obtained a financial settlement. Public prosecutors enjoy wide discretion to choose which cases they pursue....
...The proposed settlement must be approved by a federal judge....
...So Rishi Sunak’s been accused of being too weak to immediately sack Nadhim Zahawi, the Conservative party chairman, over his £5mn settlements with the taxman....
...He responded by offering an $18mn financial settlement, his lawyers have told a court in New York....
...Short-term loans made through the iPhone maker’s new Apple Pay Later service will be made through a wholly owned subsidiary, Apple Financing LLC....
...They’re auditioning to become Hollywood’s next power brokers after backing film production companies acting as content “arms dealers” for streaming services including Netflix, Apple, Amazon and Hulu in a...
...The Bank for International Settlements has called for tougher rules to stop bond funds from amplifying risks to financial market stability and has thrown its weight behind calls for tighter supervision of...
...The settlement was paid to Silentnight’s pension scheme but was not enough to clear the funding shortfall and keep members out of the PPF....
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