Paramount, Moonves settle CBS shareholder #MeToo class action for $14.7M REUTERS Paramount Global (PARA.O) has agreed to pay $14.75 million to shareholders of the former CBS Corp in a proposed class action claiming the company's failure to disclose sexual misconduct allegations against former CBS chief executive Leslie Moonves artificially inflated the value of its stock. read more »
Cuba Gooding Jr. Pleads Guilty to Forcible Touching NEW YORK TIMES The actor Cuba Gooding Jr., who had been accused by more than 20 women of groping or forcibly kissing them in encounters that dated back more than two decades, pleaded guilty in Manhattan on Wednesday to one count of forcible touching. read more »
Providence Health & Services Agrees to Pay $22.7 Million to Resolve Liability From Medically Unnecessary Neurosurgery Procedures at Providence St. Mary’s Medical Center DOJ
Physician Partners of America to Pay $24.5 Million to Settle Allegations of Unnecessary Testing, Improper Remuneration to Physicians and a False Statement in Connection with COVID-19 Relief Funds DOJ
U.S. SEC unveils rules to better oversee security-based swap execution REUTERS A U.S. markets regulator on Wednesday will propose new rules that would require platforms that execute trades of security-based swaps to register with the agency in a bid to increase the transparency of the over-the-counter derivatives market. read more »
SEC: Takeover Bid of Fortune 500 Company was a Sham SEC The Securities and Exchange Commission today charged Melville ten Cate, a U.S. citizen residing abroad, with fraud stemming from his allegedly phony offer to purchase Textron – a large U.S.-listed aircraft, defense, and industrial company. read more »
US agency opens probe into electric vehicle batteries AP NEWS
Juror’s Error Did Not Affect Ghislaine Maxwell Verdict, Judge Rules NEW YORK TIMES A Manhattan judge on Friday denied Ghislaine Maxwell’s request for a new trial, rejecting her claim that a juror’s failure to disclose his personal history of being sexually abused as a child had deprived her of a fair and impartial jury. read more »
Ford recalls 737,000 U.S. vehicles over software and fire-risk issues REUTERS Ford Motor Co (F.N) is recalling 737,000 vehicles in the United States over a part that could develop an oil leak and a software error that could hinder braking, it said on Friday. read more » U.S. Now Requiring New-Vehicle Fleet to Average 49 MPG by 2026 CAR AND DRIVER
What we bought: Chrysler's Pacifica was the perfect family plug-in hybrid, until it wasn't ENGADGET What’s a PHEV without safe plug-in charging? read more »