Hartford Cuts $650M Deal To End Boy Scouts Abuse Claims
Dorothy Atkins, 16 April 2021
Hartford Financial Services Group announced Friday that the insurance company has agreed to pay $650 million to resolve sexual abuse claims in Delaware bankruptcy court related to the Boy Scouts of America scandal.
Under the deal, which is subject to a bankruptcy judge’s approval, the Connecticut-based insurance company will make the payment to the Boy Scouts of America and its local councils in exchange for releasing it of any obligation under the insurance policies, most of which were issued in the 1970s, according to the company. Continue reading “Article: Hartford Cuts $650M Deal To End Boy Scouts Abuse Claims”
MyPillow CEO Hit With $1.3B Suit Over Election Fraud ‘Big Lie’
Dorothy Atkins, 23 February 2021
Dominion Voting Systems hit MyPillow Inc. and its CEO Mike Lindell with a $1.3 billion defamation suit in D.C. federal court Monday, accusing Lindell of knowingly perpetuating a “big lie” by falsely claiming that the voting-machine maker rigged the 2020 presidential election for Joe Biden.
In a two-count, 115-page complaint, Dominion alleged that Lindell has intentionally marketed his pillows to supporters of former President Donald Trump while publicly accusing the Denver-based Dominion of rigging the election in favor of Biden in order to beef up his pillow company’s sales. Continue reading “Article: MyPillow CEO Hit With $1.3B Suit Over Election Fraud ‘Big Lie’”
Corporate reform dead; SEC chief should resign
Houston Chronicle, 1 March 2006
Corporate governance reform is dead. Its last gasp was stifled by the subpoenas issued last month by the Securities and Exchange Commission against several news organizations and writers.
Last week, Marketwatch .com columnist Herb Greenberg and Dow Jones Newswires columnist Carol Remond acknowledged receiving the subpoenas, which involved stories about Internet retailer Overstock .com.
Read full article.