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  • MIAMI, March 5- A $5 million class-action lawsuit filed this week in Florida accuses hardwood and laminate flooring giant Lumber Liquidators, Inc of selling products laden with cancer-causing chemicals. Senator Bill Nelson of Florida, the ranking Democrat on the Senate Committee on Commerce, Science and Transportation, called on federal agencies Wednesday...

  • Madoff brother's mansion sells for $3.5M Thursday, 5 Mar 2015 | 8:51 AM ET
    Peter Madoff

    The U.S. Marshals Service announced the sale of Peter Madoff's mansion for $3.5 million. USA Today reports.

  • WILMINGTON, Delaware— A Delaware judge signaled Wednesday that he will approve a $275 million settlement in a shareholder lawsuit alleging that videogame maker Activision Blizzard was shortchanged in a $6 billion buyback of shares from French media conglomerate Vivendi SA in 2013.. The lawsuit alleged that Activision executives and directors, including...

  • Dangerous Chinese products: Blame the Americans Wednesday, 4 Mar 2015 | 2:34 PM ET
    A welder at a factory in China.

    This is what U.S. firms that are manufacturing in China can do to protect their reputations and customers.

  • Judge OKs $415M settlement in tech workers' lawsuit Wednesday, 4 Mar 2015 | 2:09 PM ET

    SAN FRANCISCO— A federal judge has tentatively approved a $415 million settlement in a major class action lawsuit by Silicon Valley workers who accused Apple Inc., Google Inc. and other tech companies of making an illegal agreement not to hire each other's employees. Judge Lucy Koh had rejected an earlier settlement offer, saying it didn't offer enough...

  • NEW YORK, March 4- A U.S. judge has dismissed antitrust litigation accusing a variety of Wall Street banks and commodity merchants of conspiring to drive up aluminum prices by reducing supply. District Judge Katherine Forrest in Manhattan rejected claims brought by aluminum purchasers against several defendants including Goldman Sachs Group Inc, JPMorgan...

  • Price-fixing claims vs Glencore thrown out Wednesday, 4 Mar 2015 | 12:01 PM ET

    A U.S. judge dismissed litigation accusing large mining company Glencore of being part of a conspiracy to drive up aluminum prices.

  • NEW YORK, March 4- A U.S. judge dismissed antitrust litigation accusing the parent of the London Metal Exchange, the large mining company Glencore Plc and two other foreign defendants of being part of a conspiracy among Wall Street banks and commodity merchants to drive up aluminum prices by reducing supply. District Judge Katherine Forrest in Manhattan ruled...

  • SEOUL/ LOS ANGELES, March 4- Asiana Airlines Inc settled with 72 passengers of its flight that crashed at the San Francisco airport in 2013, a spokesman of the South Korean carrier said on Wednesday. Frank Pitre, a lawyer for the plaintiffs in the lawsuit, told the Associated Press this was the first settlement in connection with the crash, the Associated Press...

  • March 3- About 70 passengers of an Asiana Airlines Inc flight that crashed at the San Francisco airport in 2013 have reached a settlement with the airline, the Associated Press reported on Tuesday. Frank Pitre, a lawyer for the plaintiffs, told the Associated Press this was the first settlement in connection with the crash. Pitre could not immediately be reached...

  • March 3- Apple Inc is discussing a settlement in a lawsuit brought by electric car battery maker A123 Systems, which accused the iPhone maker of poaching top engineers to build a large-scale battery division. Around June 2014 Apple began aggressively poaching A123 engineers tasked with leading some of the company's most critical projects, A123's lawsuit...

  • San Mateo, California- based SolarCity Corp. said in a lawsuit filed in U.S. District Court in Phoenix that SRP's average $50 per month fee on new solar installations would essentially eliminate the incentive to put solar panels on a home. "SRP has a simple strategy to destroy the competitive threat from SolarCity and other competitors: Under SRP's newly...

  • UFC vs UFC fighters: Ultimate legal battle coming? Tuesday, 3 Mar 2015 | 9:19 AM ET
    Ronda Rousey celebrates after defeating Cat Zingano during their women's bantamweight title bout at UFC 184 at Staples Center.

    The UFC has started to overcome a year of injuries and sagging viewership, but a legal challenge looms from some of its own fighters.

  • John Doerr, a partner at Kleiner Perkins Caufield, Byers, took the stand in San Francisco Superior Court in the lawsuit brought by his former chief of staff, Ellen Pao, who says she was denied a promotion at the company because she is a woman and was fired in 2012 after she complained and filed her lawsuit. "I don't consider Kleiner Perkins to be a firm run by men," Doerr...

  • SAN FRANCISCO, March 2- A U.S. judge on Monday seemed satisfied with a proposed $415 million settlement that would end a lawsuit in which tech workers accused Apple Inc, Google Inc and two other Silicon Valley companies of conspiring to hold down salaries. The plaintiffs alleged that Apple, Google, Intel Corp and Adobe Systems Inc agreed to avoid poaching each...

  • COLUMBUS, Ohio— The state of Ohio is suing oil and gas company BP for more than $33 million, alleging it double dipped by taking state funds and money from insurers to clean up accidental leaks from underground storage tanks at hundreds of its gas stations around the state. The lawsuit alleges London- based BP wrongfully obtained $33.3 million in reimbursements...

  • NEW YORK, March 2- IBM Corp was sued on Monday by a shareholder that said it committed securities fraud by failing to write down a money-losing semiconductor unit before agreeing to pay another company $1.5 billion to take that unit off its hands. The lawsuit filed in Manhattan federal court arose from IBM's announcement last Oct. 20 that it would sell the unit to...

  • 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.