Settlement

McKinsey Pays $73 Million Final Settlement to South Africa in State Capture Resolution

| Importance: 8/10

South Africa’s National Prosecuting Authority (NPA) claws back R1.1 billion (approximately $73 million) from McKinsey & Company and its subsidiary McKinsey South Africa through a Corporate Alternative Dispute Resolution process, representing a final settlement of the state capture scandal. …

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FTC fines Ring $5.8 million for employees' illegal surveillance of customers' private videos

| Importance: 8/10

The Federal Trade Commission announced a $5.8 million settlement with Ring after finding the company compromised customers’ privacy by allowing employees and contractors to access private videos and failing to implement basic security protections that enabled hackers to take control of …

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USA Gymnastics Emerges from Bankruptcy with $380 Million Settlement for 500+ Nassar Survivors

| Importance: 9/10

On December 13, 2021, U.S. Bankruptcy Judge Robyn Moberly confirmed a joint Plan of Reorganization providing a $380 million settlement for sexual abuse survivors and enabling USA Gymnastics to emerge from bankruptcy after three years of proceedings. Over 90% of the more than 500 victims voted in …

USA Gymnastics Robyn Moberly U.S. Olympic & Paralympic Committee Simone Biles Aly Raisman +4 more bankruptcy settlement institutional-abuse gymnastics usoc-failures +2 more
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France Orders Google to Pay €1B for Tax Fraud, Settles for €945M

| Importance: 8/10

On September 12, 2019, Google agreed to pay €945 million ($1.1 billion) to French authorities to settle a four-year tax fraud investigation—avoiding criminal prosecution by negotiating a financial settlement despite evidence of systematic tax evasion. The case exemplified how corporate tax fraud is …

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Michigan State University Agrees to $500 Million Settlement with 332 Nassar Survivors—Largest University Sexual Abuse Settlement in History

| Importance: 10/10

On May 16, 2018, Michigan State University agreed to pay $500 million to settle lawsuits brought by 332 survivors of Larry Nassar’s sexual abuse—the largest settlement ever in a sexual misconduct case involving a university, surpassing Penn State’s $100+ million settlement with Jerry …

Michigan State University Lou Anna Simon John Engler Larry Nassar Kathie Klages +1 more institutional-abuse msu-failures gymnastics settlement cover-up +2 more
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Judge Finalizes Trump University Settlement After Appeal Resolved, Victims Receive Payments

| Importance: 8/10

U.S. District Judge Gonzalo Curiel issued a final order on April 10, 2018 concluding the Trump University litigation and authorizing distribution of the $25 million settlement to approximately 3,730 victims who would receive at least 90 percent of their money back. The finalization came more than a …

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Judge Curiel Approves $25 Million Trump University Settlement, Victims to Receive 90% Refunds

| Importance: 8/10

U.S. District Judge Gonzalo Curiel approved the $25 million Trump University settlement on March 31, 2017, clearing the way for approximately 3,730 victims to receive refunds of at least 90 percent of the money they spent on Trump University courses. The approval came four months after Trump agreed …

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Trump Settles Trump University Fraud Cases for $25 Million, 10 Days After Election Victory

| Importance: 9/10

Donald Trump agreed on November 18, 2016 to pay $25 million to settle all three Trump University fraud lawsuits—two class actions and the New York Attorney General civil suit—just 10 days after winning the presidential election and less than two weeks before the San Diego class action was scheduled …

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