settlement

Jailed for between six and 13 years, justice was a long time coming for the Central Park five. After 12 years of waiting, a judge finally signed off on a $41 million settlement for the wronged New Yorkers.

A loophole in the fines Bank of America are forced to pay out could have homeowners hit with a hefty tax burden – all while the bank that defrauded them gets to write off its criminal behavior.

So far, Alabama State Senator Scott Beason's signature anti-immigrant legislation, HB56, has stuck the whole state in Beason lines, hurt Alabama farmers, captured foreign auto executives, stained the state's reputation around the world, and cost real money that the state does not have. The latest court settlement brings Alabama's legal costs defending the overreaching bill to over half a million dollars.

Boeing broke the law when it tried to break the backs of two now-formed California unions. A judge ordered the aerospace company to pay $47 million in restitution to the engineers that had to fight the union-busting tactics.

The Huffington Post reports that the state of New York has reached an agreement with the owner of seven Manhattan McDonald’s locations that will result in 1,600 current and former employees receiving a combined $500,000 in back pay. An investigation by the Labor Bureau found that workers were not properly compensated for uniform costs, did not receive overtime for shifts lasting more than 10 hours, and were routinely forced to perform duties off the clock.

Schneider Logistics, a contractor which runs a Walmart distribution center in Mira Loma, California, agreed to pay $4.7 million to as many as 568 workers as part of a settlement stemming from a case in the federal court system. The company was accused of systematically cheating workers out of overtime hours as well as illegally deducting wages from their paychecks.

New York Attorney General Eric Schneiderman is bringing forward a lawsuit against Wells Fargo which claims the nation’s largest home lender flouted the terms of its multibillion dollar settlement aimed at stopping foreclosure abuses. The lawsuit aims to force compliance with the principles agreed upon in the settlement. It would represent the first time a state Attorney General has sued one of the five banks involved in the national settlement.