Updated January 30 at 7:30pm
Justice
40 results total, viewing 31 - 40
The coming business mandates spelled out by the Affordable Care Act were among the topics explained to more than 100 of Rhode Island’s business leaders at the Providence Business News Summit on Government Regulations and Business held Thursday. 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
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
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
A U.S. District Court judge has ruled that High Rock Westminster Street LLC’s lawsuit against Bank of America Corp. will continue after determining High Rock does not owe the bank reimbursement for the $350,000 Bank of America paid to have High Rock remove its personal property from the now-vacant 111 Westminster St. office tower. 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
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
(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. 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
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
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