Big Tech shares jump after £39m legal settlement
London-listed Big Technologies sees shares surge after reaching a £38.5m settlement with former shareholders. The firm now seeks to recover costs from ousted founder Sara Murray.
Category : Search result: shareholder settlement
White House Threatens CBS Over Trump Interview
White House press secretary Karoline Leavitt warned CBS News to air a Trump interview in full or face legal action. The network complied, amid scrutiny over its editorial independence.
City of London warns of service review after funding slashed
The City of London Corporation warns of a 'bottom up' review of local authority services after a 76% cut in its government funding assessment. Discover the impact on budgets and council tax.
Betar to End NY Operations After Violent Conduct Probe
New York Attorney General Letitia James secures settlement with far-right group Betar US, forcing its closure after findings of bias-motivated harassment and assaults.
Israel's new West Bank road severs Palestinian areas
Israel is set to start construction on a controversial bypass road in the occupied West Bank's E1 area, a move critics label annexation that will fragment Palestinian territory. Read the full analysis.
UK Buybacks Surge: How to Improve Returns
Share buybacks are booming in the UK, but experts argue for reforms to make them more efficient and transparent for investors. Discover the key proposals.
Fitzwalter Capital Slams ATG Board Over Shareholder Losses
Auction Technology Group's largest investor launches scathing attack after 11 rejected bids. Share price has plummeted over 82% in four years. Read the full details of the feud.
Parmount challenges Warner Bros Discovery Netflix deal
Paramount Skydance plans to nominate board directors at Warner Bros Discovery to vote against its $82.7bn Netflix agreement and files lawsuit for financial disclosure. Read the latest on the media takeover battle.
UK settles with tortured Guantánamo detainee Abu Zubaydah
The UK government has paid a substantial out-of-court settlement to Abu Zubaydah, a Guantánamo Bay detainee, over claims of complicity in his CIA torture. Read the full report on the legal and moral implications.
Lloyds shares tipped for Europe's best cash-back yield
Analysts forecast Lloyds Banking Group will offer a 13-14% yield, the best in Europe, driven by dividends and a shift to half-year buybacks. Discover the full financial outlook.
Trading Firm Settles Lawsuit Over iPad Secret Theft
A London trading firm has settled a High Court case against a former quant it accused of using an iPad to copy confidential trading strategies. Read the full details.
Sainsbury's shares dip despite £800m shareholder payout
Sainsbury's share price fell over 4% after Q3 results, despite strong grocery growth and an £800m shareholder return plan. Discover the full story behind the market's reaction.
Migrant workers slam Labour's 'performative' visa proposals
Visa-holding migrants and British families condemn the government's 'earned settlement' consultation, warning it fuels anti-immigrant sentiment and creates prolonged uncertainty. The public consultation closes on 12 February.
Google Settles AI Chatbot Lawsuits Over Teen Suicide
Google and Character.AI have settled lawsuits alleging their AI chatbots harmed minors, including a Florida teen's suicide. Read the full story on the landmark case.
HSBC Settles French Tax Fraud Probe for £230m
HSBC agrees to a €268m settlement over 'cum-cum' dividend tax fraud claims in France. The banking giant also secures shareholder approval to privatise Hang Seng Bank.
US investor dials up attacks on UK investment trust
Activist investor Boaz Weinstein escalates his campaign against Edinburgh Worldwide Investment Trust, criticising its SpaceX sale ahead of a crucial shareholder vote. Discover the battle shaking the UK investment trust sector.
Israel pushes vast West Bank settlement, imperilling Palestine
Israel quietly tenders 3,401 homes in the E1 West Bank settlement, a move experts say aims to 'bury' a Palestinian state. Construction could start within a year.
Steve Coogan's Baby Cow back in profit before court settlement
Steve Coogan's production company, Baby Cow, posted a £358k profit as revenue rose to £2.6m. This preceded a settled High Court defamation claim over the film 'The Lost King'. Read the full details.
Lloyds shares hit 17-year high above 100p
Lloyds Banking Group stock surged past 100p to a 17-year peak, driven by a Supreme Court win and a £17bn shareholder payout forecast. Read the full analysis.
BBC settles with family over unauthorised filming
The BBC has reached a settlement with a family who survived the Hamas attacks after a news crew filmed inside their wrecked home without permission. Read the full story on the broadcaster's latest controversy.
Spire Healthcare Sets Takeover Bid Deadline
Spire Healthcare, the UK's largest private hospital group, has set a 20 January deadline for suitors to express takeover interest. Learn about the shareholder pressure and potential sale.
Revolution Bars owner sets bid deadline amid cash crisis
The Revel Collective, owner of Revolution Bars and Peach Pubs, races to sell assets by January 9. Shareholders likely to be left empty-handed as Neos Hospitality eyes late-night venues.
New Orleans Archdiocese Reaches $305m Clergy Abuse Settlement
After a protracted five-year bankruptcy, the New Orleans archdiocese agrees to a $305m settlement with clergy abuse survivors, amidst allegations of secrecy and delayed justice. Read the full investigation.
Labour closes shareholder revolt register after 8 years
The Labour government has shut down a public register naming firms hit by shareholder revolts over executive pay. Critics warn this will bury controversies and harm corporate transparency in the UK.
Pfizer spent 18% on R&D, 27% to shareholders in 2024
Analysis reveals US pharma giant Pfizer allocated more revenue to shareholders than R&D in 2024, as Trump's drug price rhetoric targets allies over corporate profits. Explore the real drivers of high US medicine costs.
Dollar General $15m Price-Gouging Settlement
Dollar General agrees to pay at least $15m to settle claims it overcharged customers across the US. Find out if you are eligible for a repayment.
Anglo American's Pay Retreat & 2026 Corporate Agenda
Anglo American retreats on executive pay vote as FTSE giants gear up for 2026. Plus, breakdown duopoly exits and a delayed UK steel strategy. Read the full City analysis.
ANZ shareholders reject executive pay plan for second year
ANZ shareholders have delivered a second consecutive strike against the bank's executive remuneration report, following a year of record fines and thousands of job cuts. Explore the fallout from the heated AGM.
BP names Meg O'Neill as new chief executive
BP has announced Meg O'Neill will become its new CEO on 1 April, replacing Murray Auchincloss. The oil giant's chair calls for 'increased rigour' to boost shareholder value. Read the full story.
Monzo Shareholders Plot Coup to Oust Chair Hoffman
A major shareholder revolt rocks Monzo as investors holding over 40% of stock seek to oust chair Gary Hoffman and reinstate CEO TS Anil. Discover the internal conflict threatening the fintech's IPO plans.
Page 1 of 3