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  • NEW YORK, Aug 15- A U.S. judge has appointed two lawyers who led cases against Toyota Motor Corp and a plaintiffs' attorney from Texas to lead litigation against General Motors Co related to a faulty ignition switch that prompted the recall of millions of vehicles this year.

  • Alabama high court upholds generic drug decision Friday, 15 Aug 2014 | 3:23 PM ET

    MONTGOMERY, Ala.— Brand-name drug makers can be held liable for warnings on a generic medication even if it was produced by another company, the Alabama Supreme Court ruled Friday, standing by an earlier decision that business leaders viewed as a defeat.

  • NEW YORK, Aug 15- Porsche Automobil Holding SE persuaded a U.S. federal appeals court to uphold the dismissal of a lawsuit by more than 30 hedge funds that claimed to suffer big losses because the German automaker fraudulently cornered the market in Volkswagen AG shares.

  • FedEx indicted on new criminal charges Friday, 15 Aug 2014 | 2:45 PM ET

    FedEx was indicted in a U.S. criminal case for conspiracy to launder money over deliveries for illegal online pharmacies.

  • Al Gore slaps Al-Jazeera with a lawsuit Friday, 15 Aug 2014 | 12:40 PM ET
    Former Vice President Al Gore addresses Climate Reality Leadership trainees, March 13, 2014, in Johannesburg, South Africa.

    Al Gore and his business partner filed a lawsuit Friday against news organization Al-Jazeera over alleged fraud and a breach of contract.

  • Husband of UPS pilot sues over deadly crash Friday, 15 Aug 2014 | 8:31 AM ET

    NASHVILLE, Tenn.— The husband of a Tennessee pilot killed when a UPS cargo jet crashed in Alabama has filed suit against the company that made warning equipment used in the aircraft. Bret Tucker Fanning is seeking $2 million in his federal lawsuit filed against Honeywell Aerospace.

  • Aug 14- A bond insurance company fired back at Detroit's attempt to invalidate $1.45 billion of pension debt, claiming in a court filing late Wednesday that it was "fraudulently" led to guarantee payments on the debt.

  • Cohen must face insider trading case: Judge Thursday, 14 Aug 2014 | 4:18 PM ET
    Steve Cohen

    U.S. District Judge Victor Marrero in Manhattan allowed the entire case against Cohen and SAC to go forward, apart from some claims brought too late.

  • Aug 14- An Indianapolis church has alleged that JPMorgan Chase& Co mismanaged trust accounts held for its benefit by investing in high cost, risky investments that advanced the firms' interests over its own, according to a lawsuit filed in Indianapolis federal court late on Wednesday.

  • Aug 14- A bond insurance company fired back at Detroit's attempt to invalidate $1.45 billion of pension debt, claiming in a court filing late Wednesday that it was "fraudulently" led to guarantee payments on the debt.

  • NEW YORK, Aug 14- A federal judge rejected billionaire investor Steven A. Cohen's bid to dismiss lawsuits by Elan Corp and Wyeth shareholders who claimed they lost money because his firm SAC Capital Advisors LP conducted insider trading in the drugmakers' stocks.

  • NEW YORK, Aug 14- A federal judge narrowed but refused to dismiss lawsuits by former Elan Corp and Wyeth shareholders seeking to recoup losses from billionaire investor Steven A. Cohen and his firm SAC Capital Advisors LP over insider trading in the drugmakers' stocks.

  • NEW YORK, Aug 13- A billionaire hedge fund manager who has sued to stop Canadian fashion designer Peter Nygård from expanding his Bahamas estate has asked a U.S. court to help him obtain crucial evidence from a whistleblower to help with the litigation.

  • The trustee Irving Picard contended last month that Andrew and Mark Madoff obstructed a 2005 U.S. Securities and Exchange Commission probe by deleting emails that linked them to fraud at Bernard L. Madoff Investment Securities LLC, and took out sham loans to buy pricey Manhattan apartments.

  • Prison company pays $260K in lawsuit settlement Wednesday, 13 Aug 2014 | 11:54 AM ET

    LOUISVILLE, Ky.— The largest private prison company in America paid $260,000 to a group of shift supervisors in Kentucky to settle claims that they were denied overtime, according to an agreement unsealed Wednesday.

  • CHICAGO, Aug 12- Beef Products Inc will reopen a Kansas processing plant on Monday to boost production of "lean finely textured beef," which critics call "pink slime," as wholesale beef prices soar with a shrinking U.S. cattle herd.

  • #Barmageddon: Law students sue when software fails Tuesday, 12 Aug 2014 | 10:43 AM ET
    This image provided by Mike Booher shows Catherine Booher, who graduated from Wake Forest University School of Law in Winston-Salem, N.C., in May 2014, and began preparing for her bar exam, but was troubled to find she could not upload the answers in late July.

    Third-year law students with mountains of debt were perhaps not the best crowd to tick off.

  • Argentina calls on US to intervene in debt case Monday, 11 Aug 2014 | 12:59 PM ET

    Argentina called on Washington to intervene in a court case over the country's defaulted debt.

  • 'Aunt Jemima' heirs sue Quaker Oats for royalties Monday, 11 Aug 2014 | 8:13 AM ET
    Bottles of PepsiCo Inc. Aunt Jemima syrup are displayed for sale at a ShopRite Holdings Ltd. grocery store in Stratford, Connecticut.

    The great grandson of Anna Short Harrington, the woman who became "Aunt Jemima," has filed a class action lawsuit to try to obtain royalties.

  • GM must face suit claiming it covered up defect Monday, 11 Aug 2014 | 6:14 AM ET
    The General Motors logo is seen at their world headquarters in Detroit.

    GM has lost its bid to dismiss a suit accusing the automaker of concealing evidence about a faulty ignition switch.