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The financial terms of the settlement were also not disclosed, although both companies agreed to pay their own legal costs. [17] In an official statement, Sega of America chairman David Rosen expressed satisfaction with the settlement. According to Rosen, "This settlement is a satisfactory ending to what was a very complex set of issues.
This is a list of cancelled Sega 32X video games. The 32X was an add-on to the Sega Genesis video game console that was designed as a cheaper, more incremental hardware alternative to the Sega Saturn. However, the dwindling of the aging Genesis market and the more advanced Saturn dwarfing it led to low sales and a very brief lifespan - launched ...
Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...
Bank of America must be used to shelling out billions to settle class-action lawsuits by now. One settlement involving the company in 2012 stipulated it reimburse shareholders $2.43 billion for ...
Atlus is a Japanese video game developer, publishing company and arcade manufacturer. They are known for Japanese role-playing games internationally, with Megami Tensei being its flagship franchise, as well as Print Club (Purikura) arcade machines in East Asia.
Meta said Wednesday it would pay $25 million to settle a four-year-old lawsuit from President Donald Trump over the social media company’s decision to suspend Trump’s accounts after the Jan. 6 ...
Sega patented the core gameplay mechanics of games like Crazy Taxi to prevent cloning. Patents are frequently used to protect hardware consoles from cloning. Though patents do not cover elements like the form and shape of a console, they can be used to protect the internal hardware and electronic components, as Magnavox had used at the onset of ...
Members of the family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.4 billion in a new settlement to lawsuits over the toll of the powerful prescription ...