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  • Apple, Google settle U.S. poaching lawsuit for $415 mln Thursday, 15 Jan 2015 | 6:13 PM ET

    SAN FRANCISCO, Jan 15- Four Silicon Valley companies including Apple Inc and Google Inc agreed to pay $415 million to resolve an antitrust class action lawsuit by tech workers who accused the firms of conspiring to avoid poaching each other's employees, according to a court filing on Thursday. Plaintiffs accused Apple, Google, Intel Corp and Adobe Systems Inc in...

  • Jan 15- Freeport-McMoRan Inc agreed on Thursday to pay $137.5 million to resolve a lawsuit claiming executives and directors had conflicts of interest that caused the natural resources company to overpay significantly for two oil and gas companies in 2013.. Shareholders led by a group of pension funds and union-owned Amalgamated Bank will receive...

  • NEW YORK, Jan 15- A U.S. judge on Thursday refused to let plaintiffs' lawyers suing General Motors Co access notes from lawyers the company hired to prepare an internal report on the automaker's decade-long mishandling of a deadly ignition-switch flaw. District Judge Jesse Furman in Manhattan said interview notes from the "Valukas report"- named for Anton...

  • Jan 15- Freeport-McMoRan Inc on Thursday agreed to pay $137.5 million to resolve a lawsuit claiming that executives and directors had conflicts of interest that caused the natural resources company to overpay significantly for two oil and gas companies in 2013.. Shareholders led by a group of pension funds and the union-owned Amalgamated Bank will receive...

  • Apple, Google reach new settlement in high-tech wage case Wednesday, 14 Jan 2015 | 12:56 PM ET

    SAN FRANCISCO— A revised settlement has been reached in a class-action lawsuit alleging Apple and Google conspired with other Silicon Valley companies to block more than 60,000 high-tech employees from getting better job offers. District Judge Lucy Koh rejected an earlier deal that would have required Apple Inc., Google, Intel Corp. and Adobe Systems Inc....

  • *Ericsson files complaint against Apple on licenses. *Apple sued Ericsson earlier in January. STOCKHOLM, Jan 14- Swedish telecom equipment supplier Ericsson said on Wednesday it filed a complaint against Apple Inc over mobile technology licence payments, responding to a lawsuit from the iPhone maker earlier this month.

  • Apple, Google reach new deal to end poaching suit Wednesday, 14 Jan 2015 | 9:53 AM ET
    A person passes by a Google logo in the company's offices in Berlin.

    Four Silicon Valley companies including Apple and Google have agreed to a new settlement that would resolve a class action lawsuit.

  • SAN FRANCISCO, Jan 13- Four Silicon Valley companies including Apple Inc and Google Inc have agreed to a new settlement that would resolve an antitrust class action lawsuit by tech workers, who accused the firms of conspiring to avoid poaching each other's employees. Plaintiffs accused Apple, Google, Intel Corp and Adobe Systems Inc in the 2011 lawsuit of...

  • WASHINGTON/ NEW YORK, Jan 13- Standard and Poor's is expected to pay just over $1 billion to settle lawsuits from the U.S. government and several states that had accused the McGraw Hill Financial Inc unit of inflating credit ratings on toxic assets before the 2008 financial crisis, according to a person familiar with the matter. The Justice Department case, filed...

  • Court records obtained by The Associated Press show that the contractor, Michael Borcina, and his company settled Matthew Badger's lawsuit in Hartford Superior Court on Dec. 10. The fire in Stamford killed 7- year-old twins Grace and Sarah Badger, 9- year-old Lily Badger, and their maternal grandparents, Lomer and Pauline Johnson. Matthew Badger and Madonna...

  • WASHINGTON, Jan 13- MetLife said it would file on Tuesday a lawsuit against regulators subjecting it to tougher oversight, challenging their verdict the firm harbors enough risk to endanger the financial system in a crisis. The designation of MetLife as a so-called "systemically important" company would make insurance products more expensive without...

  • Strong regulation but no label please: MetLife CEO  Tuesday, 13 Jan 2015 | 7:35 AM ET

    Steve Kandarian, MetLife chairman & CEO, explains why he thinks his company should not be designated as SIFI.

  • WASHINGTON, Jan 13- MetLife said it would file on Tuesday a lawsuit against regulators subjecting it to tougher oversight, challenging their verdict the firm harbors enough risk to bring down the financial system in a crisis. The designation of MetLife as a so-called "systemically important" company would make insurance products more expensive without...

  • MetLife suing government over SIFI  Tuesday, 13 Jan 2015 | 7:33 AM ET

    Steve Kandarian, MetLife chairman & CEO, says his company is fighting back against the government's assertion the insurance giant is too big to fail and should be designated a "systemically important financial institution."

  • The suit seeks to block the sale of Verso Paper Corp.' s mill in Bucksport, which shut down production this month, to AIM Development. The federal Department of Justice required Verso to sell off its Rumford mill because of antitrust concerns. Verso announced a deal to sell the 700- employee Rumford mill to Canada- based Catalyst Paper Corp. in October.

  • Jan 12- Walt Disney Co, Sony Corp and DreamWorks Animation SKG Inc urged a federal judge to throw out a antitrust lawsuit accusing them of conspiring not to poach each other's animators in order to keep wages down. District Judge Lucy Koh in San Jose, California, that the plaintiff animators took too long to sue by waiting until five years after the U.S. Department of...

  • Both BATS Global Markets and Nasdaq OMX Group recently said they have held talks with banks on outsourcing some or all of their dark pool operations. In June, the New York attorney general brought a lawsuit against Barclays, accusing the bank of misleading clients in its dark pool. Also in June, dark pool operator Liquidnet agreed to pay the Securities and...

  • WASHINGTON, Jan 12- The U.S. Supreme Court on Monday declined to hear an appeal filed by several banks objecting to a lawsuit filed by a federal regulatory agency over their alleged role in selling mortgage-backed securities to now-failed credit unions. The litigation against the lenders, including units of Royal Bank of Scotland PLC and Wells Fargo& Co, can now...

  • NEW YORK, Jan 9- JPMorgan Chase& Co has agreed in principle to settle class action litigation arising from Bear Stearns' sale of $17.58 billion of mortgage securities that proved defective during the recent U.S. housing and financial crises. The accord, which requires court approval, was disclosed in a Thursday night filing with the U.S. District Court in...

  • Nebraska ruling boosts Keystone pipeline chances Friday, 9 Jan 2015 | 11:10 AM ET

    In a closely watched case, Nebraska's top court tossed a suit challenging a route for the Keystone XL oil pipeline.