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Judge delays $2.8 billion NCAA settlement to address roster limit concerns. Attorneys warn of chaos
Read full article: Judge delays $2.8 billion NCAA settlement to address roster limit concerns. Attorneys warn of chaosThe judge overseeing the sprawling $2.8 billion antitrust lawsuit settlement involving the NCAA and the nation’s five largest conferences has delayed final approval of the plan until it is modified to address concerns about roster limits.
NCAA President Charlie Baker tells membership hearing on $2.78B settlement 'did not go as we hoped'
Read full article: NCAA President Charlie Baker tells membership hearing on $2.78B settlement 'did not go as we hoped'In a letter to NCAA member schools, President Charlie Baker says a preliminary approval hearing for a landmark $2_78 billion antitrust lawsuit settlement “did not go as we hoped.”.
College athlete advocacy group opposes NCAA lawsuit settlement, says it limits potential earnings
Read full article: College athlete advocacy group opposes NCAA lawsuit settlement, says it limits potential earningsA prominent advocacy group for college athletes says it opposes a settlement agreement of federal antitrust lawsuits facing the NCAA and major college conferences.
Attorney: Full settlement agreement of antitrust lawsuits involving NCAA expected to be filed Friday
Read full article: Attorney: Full settlement agreement of antitrust lawsuits involving NCAA expected to be filed FridayAn attorney for the defendants tells The Associated Press the full settlement agreement of antitrust lawsuits involving the NCAA and college sports’ wealthiest conferences is expected to be filed with a federal court by Friday.
Attorney says settlement being considered in NCAA antitrust case could withstand future challenges
Read full article: Attorney says settlement being considered in NCAA antitrust case could withstand future challengesOne of the lead attorneys in a class-action antitrust lawsuit against the NCAA says settlement talks are progressing well.
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Daimler AG to pay $1.5B to settle emissions cheating probes
Read full article: Daimler AG to pay $1.5B to settle emissions cheating probesWASHINGTON – Automaker Daimler AG and subsidiary Mercedes-Benz USA have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations, officials said Monday. The settlement, which includes civil penalties, will also require Daimler to fix the vehicles, officials said. Daimler AG said the settlement would bring costs of about $1.5 billion, while the civil settlement will bring a one-off charge of about $700 million. Fiat Chrysler also is being investigated for allegedly cheating on emissions. In April 2016, the Justice Department asked Daimler to conduct an internal probe into its exhaust emissions certification process.