SETTLEMENT

NEW YORK, April 27 - Cash-strapped New York state would receive about $144 million from Lehman Brothers Holdings Inc under a proposed settlement resolving tax claims against the defunct financial giant.

The hacker George Hotz, who settled with Sony after the company sued him for modifying his PlayStation 3 console, is getting a lot of flak from other hackers for not taking the fight further.

A federal appeals court has ruled that former classmates of Facebook founder Mark Zuckerberg must abide by a deal they made when they fought Zuckerberg over ownership of the idea for a social networking site.

Sony Computer Entertainment America and the hacker who published code that unlocked the PlayStation 3's firmware have reached a settlement in their months-long legal battle.

A Scottish publication does the math

JPMorgan Chase & Co is in settlement talks with the SEC to end a probe into how the investment bank marketed a deal involving subprime mortgages in 2007, according to the Financial Times.

A U.S. judge's ruling has rejected Google's deal with publishers that would have digitized every book and made them widely available.

A U.S. judge on Tuesday rejected a $125 million settlement between Google Inc and authors that would have let the company publish millions of books online to create the world's largest digital library.

A U.S. judge rejected a preliminary class-action settlement with Securities America, a broker accused of failing to vet fraudulent companies properly, in a ruling that gave a lift to state regulators trying to stop the deal.

China will further expand its yuan settlement program for exporters across the country, reported the People’s Daily, citing a statement from the central bank. At the end of last year, 67,000 exporters already participated in the program.

A Connecticut ambulance company has settled with the U.S. National Labor Relations Board (NLRB ) a lawsuit involving the firing of an employee who had published negative remarks about her boss on her Facebook page.

The U.S. Securities and Exchange Commission (SEC) has sued a former CEO and two former CFOs of failed mortgage lender IndyMac Bankcorp, accusing them of securities fraud.

The Federal Deposit Insurance Corp. (FDIC) has sued a law firm in Henry County, Georgia, and one of its partners, accusing them of professional negligence, legal malpractice and other misconduct related to multi-million dollar real estate loans that contributed to the 2009 collapse of Neighborhood Community Bank (NCB) in Newman.

The top pre-market NASDAQ stock market gainers are: ValueClick, American Capital, Photronics, Fred's, Camtek, and Dell. The top pre-market NASDAQ stock market losers are: Warren Resources, Swisher Hygiene, Seahawk Drilling, PDL BioPharma, and LogMeIn.

The top after-market NASDAQ stock market gainers are: ValueClick, American Capital, PC Mall, Life Partners Holdings, Photronics, and Dell. The top after-market NASDAQ stock market losers are: Atlas Air Worldwide Holdings, ReachLocal, RC2, LogMeIn, and Rovi.

Robert Bob DuPuy, former Major League Baseball (MLB) president, has rejoined law firm Foley & Lardner's sports industry practice group in New York as a partner.

The NYSE Euronext (NYSE: NYX) and Frankfurt’s Deutsche Boerse have entered into an agreement to merge in a $10-billion transaction that is expected to result in the world's biggest trading vehicle for stocks and derivatives.

A U.S. judge approved a $7.2 billion settlement on Thursday to pay former customers of the Madoff firm, the largest yet in the worldwide search for money lost in Bernard Madoff's multibillion-dollar Ponzi scheme.

The U.S. Treasury may not have fully vetted the settlement of its interest in Chrysler Financial last year and not gotten a strong enough return for taxpayers, a bailout watchdog said in a report on Thursday.

The U.S. Treasury may not have fully vetted the settlement of its interest in Chrysler Financial last year and not gotten a strong enough return for taxpayers, a bailout watchdog said in a report on Thursday.

Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to persuade a U.S. appeals court to release them from a $65 million settlement over the founding of online social network Facebook.