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  • Nov 26- A federal appeals court on Wednesday rejected Motorola Mobility LLC's attempt to hold several Asian suppliers liable under U.S. antitrust law for fixing prices of mobile phone displays sold to its foreign units. The 7th U.S. Circuit Court of Appeals in Chicago, in an opinion by Circuit Judge Richard Posner, said Motorola Mobility, a unit of Lenovo Group Ltd,...

  • Nov 26- Fairchild Semiconductor International Inc persuaded a federal judge to throw out a jury verdict ordering it to pay $105 million to Power Integrations Inc for willfully infringing two power generation patents, and will get a new trial on damages. But she said Power Integrations' damages expert testified at trial that he had not assessed what portion of...

  • Netflix sues former exec     Wednesday, 26 Nov 2014 | 9:54 AM ET

    Netflix is suing a former executive who now has a big role at Yahoo. CNBC's Julia Boorstin has the details.

  • Steven Cohen’s ex gets outside financing for lawsuit Wednesday, 26 Nov 2014 | 8:03 AM ET
    Steven Cohen

    Asta Funding, a financial backer of a Beverly Hills, Calif., firm has provided litigation financing Steven A. Cohen former wife Patricia. NYT reports.

  • *Platinum, palladium traders sued by jewelry maker. NEW YORK, Nov 25- Goldman Sachs Group Inc, Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals. In a complaint filed on Tuesday in the U.S. District...

  • Bad throw leads to $50K Little League suit Tuesday, 25 Nov 2014 | 2:29 PM ET
    In this Tuesday, Sept. 2, 2014, file photo, Little League pitcher Mo'ne Davis throws out the ceremonial first pitch prior to a baseball game between the Los Angeles Dodgers and the Washington Nationals, in Los Angeles.

    A couple from New Jersey is suing a Philadelphia Little League organization after one of them was hit by a baseball at a game.

  • LONDON, Nov 25- A London law firm is rallying Tesco Plc shareholders to join a lawsuit and seek compensation for losses after Britain's largest retailer discovered a hole in its profits, suspended eight senior employees and sparked a series of investigations. Stewarts Law, one of the litigators behind a 4 billion pound investor case against Royal Bank of...

  • Driver cleared in GM ignition switch accident Monday, 24 Nov 2014 | 8:31 PM ET

    General Motors has confirmed that a car accident involving a Texas woman is among those linked to the company's faulty ignition switch issue.

  • NEW YORK, Nov 24- A U.S. jury on Monday said a former top executive of China's Longtop Financial Technologies should pay damages to shareholders that could reach several million dollars, in one of the rare securities class actions to go to trial. The verdict was a rarity in U.S. securities class actions, having only resulted in 13 other cases involving conduct after...

  • NEW YORK, Nov 21- A U.S. judge on Friday gave final approval to Apple Inc's agreement to pay $450 million to resolve claims it harmed consumers by conspiring with five publishers to raise e-book prices. It calls for Apple to pay $400 million to as many as 23 million consumers if the company is unsuccessful in appealing a ruling that found it liable for antitrust...

  • Judge rejects Illinois pension reform law Friday, 21 Nov 2014 | 4:05 PM ET
    In this Dec. 5, 2013 photo, Illinois Gov. Pat Quinn hands off a pen during the signing of the pension overhaul legislation bill in Chicago.

    A judge ruled that an Illinois law aimed at easing the state's huge unfunded pension liability is unconstitutional.

  • TV-over-Internet service Aereo seeks Chapter 11 Friday, 21 Nov 2014 | 1:05 PM ET

    The Supreme Court ruled this summer that Aereo had been operating like a cable TV company, meaning that unless it paid broadcasters licensing fees, it was in violation of copyright law. The company got its start in New York and had expanded to about 10 other metropolitan areas, including Boston, Houston and Atlanta, though it never disclosed how many subscribers...

  • Judge: Alcoa to show riverbed rights under NC dams Friday, 21 Nov 2014 | 9:56 AM ET

    RALEIGH, N.C.— Alcoa Inc. will have to show it has ownership rights to the riverbed under four North Carolina dams it has operated for as much as a century, a federal judge ruled. "Alcoa has the burden of proving valid title at trial." Pat McCrory's administration involved deciding who owns 40 miles of the Yadkin River bottom on which Alcoa and its predecessor built...

  • District Judge Naomi Reice Buchwald in Manhattan, however, said nearly all claims in the 322- page complaint should be dismissed because they were brought too late. Among the defendants are production and distribution company FremantleMedia NA, which is part of Bertelsmann's RTL Group; producer Nigel Lythgoe; Fox parent Twenty-First Century Fox Inc,...

  • Arizona AG alleges GM cover up     Thursday, 20 Nov 2014 | 2:43 PM ET

    Arizona is suing General Motors for an estimated $3 billion over its ignition recall. Tom Horne, Arizona Attorney General, says General Motors had information about ignition problems and did not reveal them to the public.

  • NEW YORK, Nov 20- Boston Scientific Corp was ordered Thursday to pay $18.5 million for injuries caused by transvaginal mesh devices, a plaintiffs' lawyer said, in the third courtroom loss for the company over the products. Jurors also said Boston Scientific had acted with "gross negligence" and awarded each woman $1 million in punitive damages, Monsour said.

  • *Arizona says "hundreds of thousands" put at risk. Nov 20- In the first lawsuit brought by a state against General Motors Co over recalls relating to a defective ignition switch, Arizona has accused the company of putting the public at risk by concealing safety issues and delaying the recalls. Documents produced to U.S. Congress and federal safety regulators...

  • NEW YORK, Nov 20- Boston Scientific Corp was ordered Thursday to pay $18.5 million for injuries caused by transvaginal mesh devices, a plaintiffs' lawyer said, in the third courtroom loss for the company over the products. Jurors also said Boston Scientific had acted with "gross negligence" and awarded each woman $1 million in punitive damages, Monsour said.

  • Harvard sued over push for fossil fuels divestment Thursday, 20 Nov 2014 | 11:16 AM ET

    BOSTON— Seven Harvard University students have filed a lawsuit asking a judge to force the university's governing body to divest from fossil fuel companies. The complaint asks the court to compel the Harvard Corporation, the governing body, to stop investing any of its $36.4 billion endowment in gas, coal and oil companies. In a letter to the Harvard community in...

  • Nov 20- A U.S. court has denied a request by Indian drugmaker Ranbaxy Laboratories Ltd to stop competitors from launching copies of AstraZeneca Plc's heartburn pill Nexium and Roche's antiviral, a court filing showed. Ranbaxy had filed a lawsuit against the U.S. Food and Drug Administration last week for revoking tentative approvals it gave the company to make...