Category: Financial News
TD Bank Pays $122 Million Overdraft Fee Settlement
TD Bank will pay $122 million to the Consumer Financial Protection Bureau to settle claims of issuing illegal $35 overdraft fees for debit and ATM transactions.
Lithonia Recalls LED Ceiling Light Brackets for Injury Risk
After reports of ceiling lights falling and injuring people, Lithonia Lighting recalled over 318,500 CFMK brackets for CPANL LED ceiling light fixtures.
Bayer Sets Aside $1.5 Billion for Essure Lawsuit Settlements
Bayer has set aside nearly $1.5 billion as it tries to pay settlements in approximately 32,000 Essure lawsuits.
Sexual Abuse Lawsuit Filed by 53 Former U-M Students
A lawsuit has been filed by more than 50 former University of Michigan students who say they were sexually abused by Dr. Robert Anderson.
Apple Offers $25 Cash for iPhone Battery Slowdown Settlement
iPhone users may be eligible for around $25 cash after Apple settled a class action lawsuit for secretly slowing down older iPhones.
Cargill Hit With COVID-19 Class Action Lawsuit
A class action lawsuit was filed against Cargill after hundreds of workers at a meat packing plant were infected with COVID-19, including 3 people who died.
Harbor Freight Recalls Replacement Jack Stands for Weld Defect
Harbor Freight recalled jack stands that were supposed to replace defective stands from a previous recall because they can collapse under a lifted vehicle.
GNC Files for Bankruptcy, Pays CEO $2.2 Million Bonus
GNC, the 85-year-old retailer of vitamins and dietary supplements, has become the latest big-name American company to seek Chapter 11 bankruptcy protection due to COVID-19 and overwhelming debt.
Bayer Pays $10 Billion Settlement in Roundup Cancer Lawsuits
Bayer-Monsanto has agreed to pay at least $10 billion to settle roughly 100,000 lawsuits from people who claim Roundup® weed-killer caused them to develop non-Hodgkin's lymphoma.
HON and Maxon Office Chairs Recalled for Injury Hazard
The HON Company recalled about 13,400 office chairs after 11 reports of the back breaking. Two people suffered minor injuries.