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• ANTITRUST Agreement breach costs oil services provider $2M NEW YORK (AP) � Offshore oil services provider Cal Dive International Inc. and its parent, Helix Energy Solutions Group Inc., have agreed to pay $2 million to settle federal charges of failing to comply with antitrust terms of an acquisition. The Department of Justice said Cal Dive violated a 2005 regulatory agreement that required it to sell certain diving equipment when it purchased assets from Stolt Offshore Inc. and S&H Diving LLC for $125 million. Cal Dive then profited from using the equipment in the aftermath of hurricanes Katrina and Rita. The government alleged Cal Dive delayed the sale of a subsea construction and inspection vessel, so it could to continue to profit during a period of high demand following the hurricanes. • FRAUD Qwest, retirement fund settle accounting suit DENVER (AP) � The Colorado Public Employees Retirement Association has reached a $15.5 million settlement with Qwest Communications International Inc. stemming from the company’s accounting scandal. The association had opted out of a $400 million class action settlement reached in 2005. In an October filing with the U.S. Securities and Exchange Commission, Qwest said it had agreed to pay a total of $411 million to shareholder groups that had opted out of the class action settlement. The SEC had accused Qwest and several former executives of a massive financial fraud that forced the Denver-based phone company to restate $2.2 billion in revenue. • MONEY LAUNDERING Financial firms to forfeit $110M over Italian bribes MIAMI (AP) � A Florida federal judge has approved the forfeiture of more than $110 million from U.S.-based financial institutions that the Department of Justice said were used to launder money from a scheme involving bribes paid to Italian judges. The forfeiture lawsuit was brought by the Justice Department at Italy’s request. It sought the proceeds from the corruption scheme orchestrated by businessman Angelo Rovelli, who died in 1990. The money was paid to fix cases, including a lawsuit Rovelli filed against Banco Instituto Mobilaire Italiano, over its refusal to honor a bailout of a chemical company Rovelli controlled. • PATENTS Apple pays $10M to end iPod infringement dispute SAN FRANCISCO � Apple Inc. has agreed to pay $10 million to tiny Burst.com to settle a patent infringement dispute. Apple will give Burst a one-time payment in exchange for a nonexclusive license for most of Burst’s patent portfolio. Burst had claimed that Apple infringed on patents used in its popular iPod and iTunes music store. – ALM • PERSONAL INJURY Quadriplegics split $50M settlement with city SANTA ANA, CALIF. (AP) � The city of Dana Point, Calif., said it will pay $50 million to two women who were paralyzed after a car struck them while they jogged in a bike lane. Carol Daniel, 42, and Stacy Neria, 35, will split the money under the settlement. The women were jogging along Pacific Coast Highway with two other friends on April 8, 2006, when driver William Todd Bradshaw hit them from behind as he attempted to break away from a slow-moving truck. The women argued the city had failed to mark the bike lane properly after a similar accident years earlier. Bradshaw is currently serving a four-year prison sentence. City pays officer $4.5M over mistaken shooting MINNEAPOLIS (AP) � The city of Minneapolis has agreed to pay $4.5 million to settle a lawsuit brought by an undercover police officer who was shot by a colleague and left permanently disabled. Officer Duy Ngo was on gang surveillance in February 2003 when he got into a confrontation with a suspect and was shot in the side. His bulletproof vest saved him. Ngo radioed for help. Officer Charles Storlie was among those who responded to the call. He jumped out of his cruiser and almost immediately began firing his semiautomatic machine gun, striking Ngo six times. Ngo is now restricted to desk duty because he can’t grip a gun. • PRICE-FIXING Airline fined $61M for fixing air cargo rates WASHINGTON (AP) � Qantas Airways Ltd. will pay a $61 million fine to the U.S. government, after admitting to price-fixing. Qantas sought to eliminate competition by fixing the rates for shipments of cargo to and from the United States and elsewhere from at least January 2000 through February 2006, according to charges filed in the U.S. District Court for the District of Columbia. Qantas was charged with carrying out the price-fixing by participating in meetings to discuss the cargo rates to be charged on certain trans-Pacific routes to and from the United States., and then levying rates according to the agreements reached. • REGULATORY ACTION Utility settles reservoir collapse suit for $180M ST. LOUIS (AP) � Ameren Corp. has reached an agreement worth nearly $180 million with several Missouri state agencies over the Taum Sauk reservoir collapse. The mountaintop reservoir that was part of a hydroelectric plant collapsed on Dec. 14, 2005, after Ameren delayed critical repairs there and faulty instruments caused the basin to overflow. The resulting flood devastated vast tracts of Johnson’s Shut-Ins State Park.

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