settlement

Ford Facing Fines from NHTSA Over Delayed Recalls

5 months ago

Ford Motor Company has found itself in hot water with the National Highway Traffic Safety Administration (NHTSA), as the federal agency has proposed a significant fine against the automaker exceeding $30 million. This move is a direct response to Ford’s management of numerous recalls, which the NHTSA argues were handled poorly and with considerable delays. The proposed penalty is one of the largest of its kind imposed by the NHTSA and is aimed at holding Ford accountable for its actions.

Disney and DirecTV Settle Contract Dispute, Restoring Access to ESPN and ABC

7 months ago

Disney and satellite television provider DirecTV have reached an agreement to resolve a long-standing contract dispute that led to the shutdown of ESPN and ABC channels for millions of DirecTV subscribers. The issues began when the two sides failed to agree on new terms for their partnership, forcing Disney to temporarily take its channels offline for DirecTV. This created significant inconvenience for viewers who were deprived of access to popular content, particularly sports events on ESPN.

Abra Settles Dispute with SEC Over Unregistered Securities

7 months ago

Cryptocurrency firm Abra has reached a settlement with the U.S. Securities and Exchange Commission (SEC) following allegations of selling unregistered securities. This event comes amidst increasing regulatory scrutiny in the crypto industry, heightening the long-anticipated discussions on compliance with existing legislation and regulations.