NEW YORK, Dec 9- Merck& Co has agreed to settle hundreds of lawsuits over jaw injuries allegedly caused by the osteoporosis drug Fosamax, lawyers disclosed at a court hearing Monday.» Read More
The suit on behalf of the family of Mary DeLorenzo Knight was filed Wednesday morning in federal court in Tampa. Mary DeLorenzo Knight was one of 12 people killed by Aaron Alexis on Sept. 16 before he was killed in a shootout with police. Navy officials have said they found no record that the company alerted the Navy about his mental health.
CNBC's Kate Kelly reports the Securities Industry and Financial Markets Association is suing the CFTC over the rules governing overseas swaps trading.
LOS ANGELES-- Toys "R" Us has agreed to pay nearly $180,000 to settle a consumer protection lawsuit alleging that the retailer overcharged customers in Los Angeles and San Diego counties. Los Angeles County prosecutors said Tuesday that Toys "R" Us, Inc. agreed to the settlement without admitting liability.
LONDON/ TAIPEI, Dec 4- HTC Corp will have to stop selling its One Mini smartphone in Britain from Dec. 6 after a British court ruled the Taiwanese company had infringed patents owned by Finnish rival Nokia.
23andMe is facing a class action lawsuit alleging that the Silicon Valley start-up misled customers with advertising for its personalized DNA tests.
NEWS: Isle of Capri Casinos returned to a profit in its fiscal second quarter, helped by a favorable ruling on litigation in Greece. NUMBERS: For the three months ended Oct. 27, Isle of Capri Casinos Inc. earned $8 million, or 20 cents per share.
*Citigroup accuses Guy Hands of "legal tourism". NEW YORK, Nov 28- British financier Guy Hands is engaging in "legal tourism" by pursuing a U.S. lawsuit accusing Citigroup Inc bankers of defrauding him into overpaying for music company EMI Group Ltd, and his case should be dismissed because it does not belong in the United States, the bank said on Wednesday.
*Citigroup accuses Guy Hands of "legal tourism". NEW YORK, Nov 27- British financier Guy Hands is engaging in "legal tourism" by pursuing a U.S. lawsuit accusing Citigroup Inc bankers of defrauding him into overpaying for music company EMI Group Ltd, and his case should be dismissed because it does not belong in the United States, the bank said on Wednesday.
The settlements end a federal fraud lawsuit begun in February 2008 by the Humane Society of the United States, which had obtained a video that appeared to show inhumane cattle treatment and improper inspections of sick cattle at a Chino, California, plant run by Westland Meat Co. and Hallmark Meat Co..
JOHANNESBURG, Nov 27- Turkish mobile phone company Turkcell has taken to a South African court with its $4.2 billion lawsuit against rival MTN Group, alleging it was the victim of corruption and bribery that caused it to lose a contract in Iran.
Nov 26- A California federal judge has ordered Hewlett-Packard Co and Chief Executive Meg Whitman to defend a securities shareholder class action that claims they knew statements about HP's acquisition of software company Autonomy were misleading.
"Had it not been for that, the upward trend in earnings would have continued," FDIC Chairman Martin Gruenberg said in notes prepared for a news conference. Total net profit at FDIC- insured banks was $36 billion in the quarter, $1.5 billion less than a year ago, constituting the first year-on-year decline in industry profits since the second quarter of 2009..
NEW YORK, Nov 22- Two traders have won the dismissal of a U.S. Securities and Exchange Commission lawsuit accusing them of insider trading in Onyx Pharmaceuticals Inc as the company considered a takeover bid from rival Amgen Inc.
NEW YORK, Nov 22- The U.S. government on Friday sought permission to add a Wells Fargo& Co executive, Kurt Lofrano, as a defendant in its year-old lawsuit accusing the bank of fraud.
NEW YORK, Nov 22- The U.S. government on Friday sought permission to add former Wells Fargo& Co executive Kurt Lofrano as a defendant in its year-old lawsuit accusing the bank of fraud.
SAN JOSE, Calif., Nov 21- A U.S. jury on Thursday awarded Apple Inc $290.45 million in a damages retrial against Samsung Electronics Co Ltd, the latest battle in global patent litigation between the two mobile giants. Apple had requested $379.8 million, while Samsung argued that it should have to pay $52.7 million.
SAN FRANCISCO, Nov 21- A U.S. jury on Thursday awarded Apple Inc $290.45 million in a damages retrial against Samsung Electronics Co Ltd, the latest battle in global patent litigation between the two mobile giants. The verdict was announced in a San Jose, California, federal court.
CNBC's Josh Lipton reports a jury has awarded Apple $290 million from Samsung for infringing on Apple patents.
SAN JOSE, Calif., Nov 21- A U.S. jury reached a verdict on Thursday in a damages retrial between Apple Inc and Samsung Electronics Co Ltd, a court official announced, part of global patent litigation between the two.
Where is the $13 billion JPMorgan settlement going? Stephanie Link, TheStreet, and CNBC contributor Carol Roth weigh in on the government's mortgage settlement with the big bank.