A US federal judge has delayed final approval of Anthropic’s proposed $1.5 billion settlement with authors over alleged book piracy used to train its Claude AI. At a hearing in San Francisco, Judge Araceli Martinez-Olguin asked lawyers for more details, particularly around attorney fees and payments to lead plaintiffs, calling the deal the largest known US copyright settlement. Earlier, now-retired Judge William Alsup found fair use but said Anthropic violated rights by storing over 7 million pirated books.
Attorneys for the US SEC and Elon Musk will argue for a $1.5 million settlement before a DC judge over Musk’s delayed disclosure of a 5% stake in Twitter. The SEC lawsuit alleges that by not reporting it promptly in April 2022, Musk avoided costs worth about $150 million. The hearing focuses on whether the settlement is acceptable and how it ends the dispute.
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The NSE has withheld ₹78 crore in settlement payouts to more than 3,000 clients through 160 brokers after a police complaint alleged unauthorised Nifty options trades were made from a client’s demat account on May 5. Exchange payouts were frozen while authorities assess the complaint, leaving affected traders and brokers in limbo over settlement delivery.
General Motors has reached a driver privacy settlement in California, agreeing to pay $12.75 million to a group of law enforcement agencies led by Attorney General Rob Bonta. The case centers on alleged privacy violations involving how vehicle-related data was handled, with the settlement resolving claims without an admission of wrongdoing reported by the parties.
Sebi has settled proceedings against four entities tied to alleged diversion of funds connected to erstwhile Indiabulls Real Estate Ltd. The regulator confirmed the case closure after the entities paid a combined settlement amount of about Rs 10.49 crore. The move brings an end to Sebi’s action in the matter, subject to settlement terms and applicable conditions.
JPMorgan Chase allegedly offered $1 million to settle sexual assault and harassment claims raised by former investment banker Chirayu Rana, before he filed his lawsuit. Rana initially demanded more than $20 million. JPMorgan says its internal investigation found no evidence supporting the allegations, even as the settlement offer turned into another flashpoint on Wall Street.
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A US court has given initial approval to a $7.85 million settlement tied to Sony PlayStation’s decision to stop selling digital game download cards via outside stores. Eligible gamers may receive cash or wallet credits, with compensation depending on specific qualifying conditions. The article also outlines who can claim and what you might receive as the case moves closer to final approval.
Blake Lively and Justin Baldoni have reached a settlement that ends more than a year of bitter litigation tied to It Ends With Us. The dispute, heavily covered by the public, played out through escalating court filings as Lively’s allegations and Baldoni’s counterclaims gradually emerged, concluding the high profile legal chapter.
Capital One has reached a $425 million settlement after claims that its 360 Savings accounts misled customers about interest rates. Customers who held these accounts from September 2019 to June 2025 may qualify for payouts calculated from the interest difference versus newer account rates. Estimated payments are due by July 2026, unless an appeal changes the outcome.
Visa card payments in the UAE are expected to feel noticeably faster after Emirates NBD was appointed as the National Net Settlement Service agent. Domestic card transactions can be settled locally in dirhams, cutting processing time and reducing dependence on international rails for routine purchases.
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The Delhi High Court has dismissed a criminal case involving industrialist Bina Modi, her security guard Surendra Prasad, and lawyer Lalit Bhasin. The dispute stemmed from an alleged assault on Samir Modi during a board meeting. After the parties reached a settlement and Samir Modi withdrew his complaint, the court closed the case against the three accused.
Sebi has relaxed settlement norms for foreign portfolio investors in the cash market by allowing net settlement of funds. The change permits netting of outright transactions while keeping safeguards intact, aiming to reduce liquidity requirements and streamline operations. Officials expect this to lower trading friction and make Indian markets more attractive for global investors.
NSE’s IPO timeline appears to be getting back on track after a Sebi expert settlement committee cleared a proposed Rs 1,800 crore settlement. The four-member panel is chaired by Jai Narayan Patel, a former chief justice of the Calcutta High Court, with members including a former Sebi official and senior finance and audit professionals.
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