GO
Loading...

Lawsuits

More

  • The New York Attorney General's office may sue Morgan Stanley for misrepresenting or omitting information in about 30 subprime securitizations.

  • NEW YORK— Morgan Stanley, which agreed to a $2.6 billion settlement with the federal government last week, says it expects to be sued by New York Attorney General Eric Schneiderman over subprime mortgage bonds. Morgan Stanley say the lawsuit will say that it misrepresented or omitted important information related to the loans, including Morgan Stanley's due...

  • WASHINGTON— The Supreme Court won't hear an appeal from a group of flexible foam manufacturers challenging one of the largest class action lawsuits ever certified. The justices on Monday let stand a lower court ruling that allowed a lawsuit to go forward that seeks more than $9 billion in damages against Carpenter Co., Woodbridge Foam Corp. and others.

  • WASHINGTON, March 2- The U.S. Supreme Court on Monday allowed to move forward antitrust class action claims against various manufacturers of polyurethane foam that face accusations of price-fixing. The manufacturers include Carpenter Co, Foamex Innovations Inc and Woodbridge Foam Corp.. Ace Foam Inc, U.S. Supreme Court, No. 14-577..

  • SAN FRANCISCO, March 2- Workers accusing Apple, Google and two other Silicon Valley companies of conspiring to hold down salaries will try on Monday to win approval of a $415 million settlement from a U.S. judge who rejected an earlier deal as too low. The plaintiffs alleged that Apple Inc, Google Inc, Intel Corp and Adobe Systems Inc agreed to avoid poaching each...

  • Under the proposed settlement, Basic Research will pay a refund of $25 per box after being sued by law firms on behalf of consumers who purchased the product called Akavar beginning in 2007.. A Basic Research representative didn't respond to requests for comment. In 2007, a proposed class-action lawsuit was filed in U.S. District Court in Utah against Basic...

  • Bharara hedge fund raid based on 'lie': Lawyer Friday, 27 Feb 2015 | 5:45 PM ET
    Preet Bharara, United States attorney for the Southern District of New York.

    The manager of a now-defunct hedge fund is suing federal prosecutors, alleging that they fabricated accusations against him.

  • Ganek vs. US, it's on  Friday, 27 Feb 2015 | 4:23 PM ET

    Former hedge fund manager David Ganek has filed a civil rights lawsuit against Federal law enforcement officials. Insight, with Nick Brustin, attorney for David Ganek.

  • A Manhattan federal jury levied $118 million in damages against Rennert and his Renco Group Inc.. The lawsuit stemmed from the 2001 bankruptcy of the Magnesium Corp. of America, or MagCorp, a Salt Lake City- based producer of magnesium. Rennert's company, Renco Group Inc., said that aspects of the complicated verdict were contradictory and that the company would...

  • Apple faces patent lawsuits from Ericsson  Friday, 27 Feb 2015 | 9:00 AM ET

    CNBC's Dominic Chu and International Business Times Tech Editor Michael Learmonth discuss the latest patent lawsuit against Apple.

  • The lawsuit, filed by George Engstrom and John Stockwell in state court in Seattle, says an unnamed Microsoft employee ran up entertainment expenses of more than $22,000, including taking potential business partners to South Korean "hostess bars," which often provide sexual services to customers. During the internal probe, Stockwell says Microsoft's human...

  • The lawsuit, filed by George Engstrom and John Stockwell in state court in Seattle, says an unnamed Microsoft employee ran up entertainment expenses of more than $22,000 from taking potential business partners to South Korean "hostess bars," which often provide sexual services to customers. During that probe, Stockwell says Microsoft's human resources...

  • NEW YORK, Feb 26- A New York state appeals court on Thursday revived most of Macy's Inc's lawsuit accusing JC Penney Co of interfering improperly with its exclusive merchandising contract with Martha Stewart Living Omnimedia Inc.. It also agreed that Macy's third claim against JC Penney was valid, but that Macy's did not deserve punitive damages.

  • *Porsche still faces other damage claims in Germany. Two dozen hedge funds, including Viking Global Investors, Glenhill Capital and Greenlight Capital, a year ago accused investment company Porsche SE of camouflaging a plan to acquire Volkswagen and secretly piling up a holding in Europe's largest automaker during 2008.. The case combining 1.36 billion...

  • Feb 26- Sanofi's new Toujeo diabetes drug has won U.S. regulatory approval but with wording on its label that analysts say could make marketing difficult. Sanofi shares were 1 percent lower at 88.20 euros by 1029 GMT. Sanofi bought some time with a patent infringement lawsuit filed last year against Eli Lilly and Co to keep a cheaper Lantus generic off the market...

  • "On balance it's our view that we consider the lawsuit, or the appeal, to be unpromising for several reasons," Gerhard Ruf, judge at the higher regional court in Stuttgart, said on Thursday ahead of a hearing of the case. Two dozen hedge funds, including Viking Global Investors, Glenhill Capital and Greenlight Capital, a year ago accused investment company Porsche SE...

  • WASHINGTON/ DETROIT, Feb 25- A U.S. safety regulator on Wednesday ordered Takata Corp to preserve all air-bag inflators removed through a recall process as evidence for both a federal investigation and private litigation cases. Secretary of Transportation Anthony Foxx also prohibits Takata from destroying or damaging any air-bag inflators except those...

  • WASHINGTON, Feb 25- The United States ordered Takata Corp on Wednesday to preserve all air bag inflators removed through the recall process as evidence for both a federal investigation and private litigation cases, the U.S. Transportation Department said.

  • Tobacco giants settle $100 million lawsuit Wednesday, 25 Feb 2015 | 1:19 PM ET

    Three major U.S. tobacco companies will pay $100 million to settle hundreds of federal lawsuits over smoking.

  • NEW YORK, Feb 25- Three major U.S. tobacco companies- R.J. Reynolds Tobacco Co, Lorillard Inc and Altria Group's Philip Morris USA- will pay $100 million to settle hundreds of federal lawsuits over smoking, according to an announcement from plaintiffs' lawyers on Wednesday. The agreement will cover more than 400 lawsuits filed in federal court in Florida by smokers...