If you hire a lawyer on contingency and settle a lawsuit, a third or more of the money will be paid directly to your lawyer.
Last week, the White House threatened to file its own suit against gun manufacturers if they don't settle a lawsuit filed by more than 20 big city mayors.
Not a week goes by without one of these financial institutions agreeing to pay a huge fine, settle a lawsuit charging fraud, be sued, blued and tattooed by a myriad of private plaintiffs, or by regulatory organizations concerning a broad sweep of allegedly activities that together give a sordid portrait of the global financial system.
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Iomega recently was forced to settle a class action lawsuit resulting from excessive hold times and overcharging for technical support calls.
Mr. Cuomo entered the fray in January when he presented a budget with an ultimatum: He gave the state union a month to settle its lawsuit over student testing data or he would use his budgetary powers to force a statewide settlement.
Last year a communications catastrophe was avoided when BlackBerry maker Research in Motion agreed to settle with NTP over a patent infringement lawsuit.
This time the owners are asking the players to settle the lawsuit based on nothing more than a verbal agreement between the parties.
The SEC did not settle on their behalf, so they launched a shareholder lawsuit against the parent company.
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Then if investors file a lawsuit alleging excessive fees, the fund companies usually settle on secret terms.
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If a firm publishes a high estimate of what a particular type of lawsuit might cost it, no opposing lawyer will settle for less.
Typically, a patent troll will offer a startup an opportunity to settle at the outset usually for a price which is lower than the cost of defending the lawsuit.
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