settlements

S & P Settlement
5:38 pm
Tue February 3, 2015

Washington To Receive More Than $21M in Multistate Settlement

Mississippi Attorney General Jim Hood speaks at a news conference that announced Standard & Poor's, a financial service company, inflated its ratings of mortgage investments that helped trigger the 2008 financial crisis.
Credit Kevin Wolf / Associated Press

Washington state will receive more than $21 million from a settlement with financial services company Standard & Poor's.

The company was accused of inflating credit ratings and misleading investors in the run-up to the 2008 financial crisis.

The deal was part of a $1.4 billion agreement with the federal government and 18 other states.

Attorney General Bob Ferguson said it was among the state's biggest won consumer payouts.

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Oregon Legislature
4:51 pm
Thu March 6, 2014

As Session Drags On, Oregon Lawmakers Tangle Over Class-Action Bill

Chris Phan Flickr

Originally published on Thu March 6, 2014 4:18 pm

Oregon lawmakers are struggling to finish their work before this weekend's deadline to adjourn.

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Benoit Settlement
6:10 am
Wed April 18, 2012

AP Report: Settlement Between UI And Family Of Slain Student

The Associated Press reported Tuesday that the family of a University of Idaho graduate student murdered last August has agreed to a financial settlement with the university in a claim filed against the school. Katy Benoit’s family had filed a three million dollar tort claim against the UI in December. Northwest Public Radio’s Glenn Mosley recounts the events of last August in Moscow.

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Mortage Settlement
5:56 am
Fri February 10, 2012

Washington AG says settlement will help struggling homeowners

Washington Attorney General Rob McKenna.
Source: Washington Attorney General's Office

OLYMPIA, Wash. -- After a year of negotiations, states, federal regulators and five of the biggest lenders have reached a $25 billion dollar settlement to change foreclosure practices. The goal of the settlement is to impose new restrictions on banks, and to fund loan modifications for homeowners. Backers hope the agreement will also help stabilize the housing market. KUOW’s Amy Radil reports.

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