Colonie adopts whistle-blower law

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Times Union - That federal lawsuit resulted in combined settlements of $265,000 but the issue of retaliation was never tried in court. Officials in the previous administration, which was defeated in November, disputed the idea that the men, Hugh Skerker and Bill …

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Rosy Credit Ratings, Misery Matters, Ruble Rumblings: Timshel

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Bloomberg - … average daily global foreign-exchange turnover compared with 86 percent for the dollar and 37 percent for the euro — out of a total 200 percent, because every transaction involves two currencies — according to the Bank for International Settlements

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Unresolved farm legislation addresses lingering inequities

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Greensboro News & Record - While about 15,000 collected $50,000 settlements, thousands more either missed the filing deadline or were rejected because of technical errors on claims forms.

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Fees for law firm debated

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Houston Chronicle - The bulk of the settlements, or $6.6 billion, came from JPMorgan Chase, Citigroup and the Canadian Imperial Bank of Commerce. The $7.2 billion is the largest civil securities settlement in history, surpassing the $6.1 billion racked up from …

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Federal judge delays decision on distribution of billions of dollars …

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International Herald Tribune - … cited several reasons, including that the 9.5 percent was far lower than the standard 33 percent most lawyers get in similar cases; the complexity of the lawsuit; and the risk involved in taking on a case that offered no guarantee of any settlements.

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Two Propulsid settlements; a handful of checks

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New Orleans Times-Picayune - NEW ORLEANS (AP) — Four years after the company that made Propulsid agreed to pay up to $90 million to settle thousands of federal suits claiming the heartburn drug caused irregular heartbeats and death, only 11 checks for medical claims have gone …

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Westar Energy earnings match expectations, revenue rises

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CNBC - The Topeka, Kan.-based electric utility said it expects 2008 earnings of $1.50 to $1.65 a share, excluding the effects of settlements of prior-period tax audits.

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State gets $11.4M from pharmacy settlements

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Memphis Business Journal - California attorney general, other states settle suit with Barr Pharmaceuticals [East Bay] Barr, Duramed win patent for Seasonique [Cincinnati] Duramed takes on drug firms in patent lawsuit [Cincinnati] The state of Tennessee has received $11.4 …

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Performing artists not seeing money from file sharing settlements

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Beta News - In the last few years, major record labels have issued dozens of lawsuits against sites distributing audio and video files of their property. Artists’ representatives are now saying the settlement money isn’t going where it belongs. Of the suits that …

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The Appeal of Visa’s IPO

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Washington Post - Visa will plunk $3 billion into an escrow account after the stock offering to cover the cost of settlements or judgments — but only time will tell if that’s enough.

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