settlements and compromises

California utility PG&E to pay $13.5B

California utility giant Pacific Gas and Electric has agreed to pay $13.5 billion to individuals affected by several recent fires in the state, the company announced Friday night.

Purdue Pharma files for bankruptcy

Purdue Pharma has filed for bankruptcy as part of its plan to settle litigation with dozens of states and and other plaintiffs who say the company fueled the opioid crisis.

Purdue Pharma in settlement talks over 2,000 lawsuits

Purdue Pharma is involved in talks to settle thousands of federal and state lawsuits that accuse it of fueling the nation's opioid epidemic, the company confirmed to CNN one day after another pharmaceutical giant was ordered to pay more than $500 million for its role in a single state's drug crisis.

Equifax will pay up to $700 million after data breach

Credit reporting agency Equifax has reached a deal to pay up to $700 million to state and federal regulators to settle probes stemming from a data breach that exposed the personal information of nearly 150 million people. It will be the largest settlement ever paid for a data breach.