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Malone, GCI Liberty Board Settle Merger Lawsuit for $110 Million

Media mogul John Malone and other former members of GCI Liberty Inc.'s board will pay $110 million to settle a proposed investor class action in Delaware led by pension funds challenging its merger with an affiliated telecom holding company, Liberty Broadband Corp.

Schwab Charitable Platform Beats Suit Over Donor Advised Funds

Charles Schwab & Co. and its $15 billion charitable investing platform defeated a proposed class action claiming they steer money earmarked for charity into high-fee proprietary mutual funds, after a California federal judge determined that the donor clients lack standing.

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