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Settlement Negotiations

All articles tagged with #settlement negotiations

legal-sports1 year ago

DOJ Nears $100 Million Settlement with Larry Nassar Victims Over FBI Failures

The Justice Department is in the final stages of negotiating a settlement with attorneys representing 100 victims of Larry Nassar, the former U.S. gymnastics team doctor, over FBI misconduct in investigating abuse allegations. The potential deal could involve tens of millions of dollars to resolve claims that the FBI failed to properly investigate Nassar's abuse. The settlement, if finalized, would address tort claims filed against the DOJ and FBI in 2022 by athletes and patients, including high-profile figures like Simone Biles and Aly Raisman. The FBI's failure to act on reports of Nassar's behavior allowed him to abuse more girls and women, leading to a push for damages totaling around $1 billion. Nassar is currently serving a lengthy prison sentence for his crimes.

via ABC News|
#doj#fbi-misconduct#larry-nassar
entertainment2 years ago

Britney Spears' Lawyer Initiates Negotiations for Settlement with Jamie Spears

Britney Spears' lawyer has reportedly sent an email to her father Jamie Spears' legal team in an effort to open negotiations for a settlement in their ongoing legal dispute. The email allegedly pointed out Jamie's poor health and suggested it might be an appropriate time for him to acknowledge his alleged misdeeds during the conservatorship. The settlement would involve Jamie paying Britney an unspecified amount to end the legal dispute, which includes his demand for Britney to pay attorneys fees he incurred. The case is set to go to trial in May.

via Daily Mail|
#britney-spears#conservatorship#entertainment
business2 years ago

Icahn and Illumina's Proxy Fight Heats Up Despite Failed Negotiations.

Carl Icahn has released an open letter to the shareholders of Illumina, responding to Illumina's statement concerning their "confidential" settlement discussions. Icahn criticized Illumina's CEO and Chairman for repeatedly insisting on adding new board members that they should meet and accept as superior candidates. Icahn believes that all but one of the board members are handpicked by the CEO and that the board made a highly reckless decision to close the GRAIL transaction, destroying $50 billion of shareholder value. Icahn also questioned the board's trust in the CEO, who has violated court orders and fiduciary duties.

via Carl Icahn|
#board-of-directors#business#carl-icahn