Updated February 28 at 8:42pm
Justice
76 results total, viewing 31 - 40
Colville Properties, owner of 28 rental properties in Fall River, has filed for Chapter 11 federal bankruptcy protection, citing problems with the city’s crime rate, as well as fire and uncooperative bankers, according to news reports. more
Thanks to a $16.5 million settlement between the federal government and several states, Rhode Island will receive $172,513 for its Medicaid program. more
The R.I. Department of Labor and Training has recovered more than $4.6 million so far this calendar year from individuals or employers trying to “game the system,” Director Charles J. Fogarty said in a department email newsletter. more
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt - a step taken by the Justice Department to give homeowners relief that Congress has failed to provide. more
(Updated, 1 p.m.) Bank of America Corp. agreed to pay about $16.7 billion to end federal and state probes into mortgage bond sales, the harshest penalty yet related to loans that fueled the 2008 financial crisis. more
Bank of America Corp.’s record settlement with the Justice Department over the sale of mortgage bonds in the run-up to the 2008 financial crisis will be announced as soon as Thursday, two people with knowledge of the matter said. more
In a case brought before U.S. District Court, Foxwoods Resort Casino has refused to pay three customers who claim the casino owes them nearly $1.2 million in winnings plus damages, The Day reported Monday. more
R.I. Superior Court Judge Bennett Gallo on Wednesday ruled against the Bellevue Ochre Point Neighborhood Association’s lawsuit opposing the welcome center planned for the grounds of The Breakers mansion. more
Bank of America Corp. is nearing a settlement with the U.S. Justice Department in which it will pay between $16 billion and $17 billion to resolve probes into its sale of mortgage-backed bonds in the run-up to the financial crisis more
Rhode Island’s plan to sell $594 million in debt backed by tobacco-company payments was challenged by OppenheimerFunds Inc., which claims the deal violates earlier bondholder rights to revenue related to a 16- year-old accord over health care related costs. more
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