• Gilead faces lawsuit over hepatitis C drug pricing Wednesday, 10 Dec 2014 | 5:59 PM ET

    HAVERFORD, Pa.— Philadelphia's Transportation Authority has filed a lawsuit against Gilead Sciences Inc. over the pricing of its hepatitis C drug. Gilead has been selling a 12- week treatment of Sovaldi in the United States for approximately $84,000, or $1,000 per pill. The Foster City, California, company could not be reached immediately for a comment...

  • 'King of Instagram' held without bail in LA Wednesday, 10 Dec 2014 | 4:35 PM ET
    Dan Bilzerian and Jessa Hinton arrive at the Fighters Only World Mixed Martial Arts Awards 2011 in Las Vegas.

    Dan Bilzerian, the "King of Instagram," was arrested at LAX on Tuesday and is being held without bail, according to LA Weekly.

  • Gilead sued over 'exorbitant' hepatitis C drug prices Wednesday, 10 Dec 2014 | 3:55 PM ET

    Dec 10- Philadelphia's transportation authority has filed a class action lawsuit accusing Gilead Sciences Inc of charging "exorbitant" prices for its blockbuster hepatitis C drug Sovaldi. The lawsuit, filed Tuesday in federal court in Philadelphia by the Southeastern Pennsylvania Transportation Authority, seeks an unspecified amount of money damages.

  • Enbridge settles Michigan class-action lawsuit Wednesday, 10 Dec 2014 | 8:01 AM ET

    BATTLE CREEK, Mich.— The Canadian company responsible for a 2010 oil spill in southwestern Michigan has agreed to pay about $6.8 million to settle a class-action lawsuit. A federal judge must still approve the settlement reached last week by Enbridge Inc., based in Calgary, Alberta. The company has agreed to pay about $2.2 million to residents and land owners of...

  • SF, LA sue Uber, settle with Lyft Tuesday, 9 Dec 2014 | 6:56 PM ET
    The Uber app on a mobile phone in Madrid, Spain.

    Los Angeles and San Francisco filed a consumer protection suit against Uber, accusing the car service provider of unlawful business practices.

  • Apple trial likely to go on with new plaintiff Tuesday, 9 Dec 2014 | 6:26 PM ET

    OAKLAND, California— A billion-dollar class-action lawsuit against Apple will likely continue, after a 65- year-old Massachusetts business consultant read about the plaintiffs' floundering case online and volunteered to represent consumers in the suit. A federal judge said she's tentatively satisfied with a proposal to add Barbara Bennett as the new...

  • Dec 9- Citigroup Inc will record $2.7 billion in litigation expenses and another $800 million in repositioning charges, leaving the third-largest U.S. bank "marginally profitable" in the fourth quarter, its chief executive officer said on Tuesday. Before the announcement, analysts had expected Citigroup would make about $3.4 billion in the fourth quarter,...

  • Lawsuit accuses Maker's Mark of false advertising Tuesday, 9 Dec 2014 | 3:07 PM ET

    LOUISVILLE, Kentucky— Two California consumers sued one of Kentucky's best-known distilleries, saying Maker's Mark tries to spike demand and sticker prices by falsely promoting its bourbon as being handmade. The lawsuit, filed in federal court in San Diego, accused the distillery of deceptive advertising and business practices with its "handmade" promotion...

  • Nissan agrees to settle faulty brakes lawsuit Tuesday, 9 Dec 2014 | 1:42 PM ET

    NEW YORK— Nissan has agreed to pay some customers up to $800 each to settle claims that certain vehicles had faulty brakes. Nissan said the settlement will cover about 350,000 vehicles. Former and current owners will receive a notice in the mail explaining how to apply for the refund, Nissan said in the court filling.

  • NEW YORK, Dec 9- Nissan North America has agreed to reimburse customers between $20 and $800 each to resolve a lawsuit alleging that defects in certain vehicles caused brakes to fail suddenly, according to court papers. Under the agreement, Nissan, the U.S. subsidiary of Japan- based Nissan Motor Co Ltd, would reimburse class members between $20 and $800, depending...

  • Nissan settles class lawsuit claiming faulty brakes Tuesday, 9 Dec 2014 | 11:23 AM ET

    NEW YORK, Dec 9- Nissan North America has agreed to reimburse customers up to $800 each to resolve a lawsuit alleging that defects in certain vehicles caused brakes to fail suddenly, according to court papers. Under the agreement, Nissan, the U.S. subsidiary of Japan- based Nissan Motor Co Ltd, would reimburse class members between $20 and $800, depending on a...

  • Judge slams plaintiffs in Apple antitrust case Tuesday, 9 Dec 2014 | 11:11 AM ET

    The antitrust lawsuit against Apple is on its last legs, after a federal judge dismissed the plantiffs' last remaining witness.

  • Court: No pay for Amazon warehouse security checks Tuesday, 9 Dec 2014 | 10:22 AM ET

    WASHINGTON— The U.S. Supreme Court ruled Tuesday that warehouse workers who fill orders for retail giant Amazon don't have to be paid for time spent waiting to pass through security checks at the end of their shifts. Some workers at Amazon contractor Integrity Staffing Solutions, Inc., claim they wait up to 25 minutes to clear security before they can go home.

  • Portland sues to stop Uber online car service Tuesday, 9 Dec 2014 | 8:37 AM ET
    The Uber Technologies Inc. car service application.

    Portland sued Uber to stop the fast-growing ride-hailing service from operating in the Oregon city until it follows local regulations.

  • RIO DE JANEIRO, Dec 8- State-controlled oil company Petroleo Brasileiro SA and its top executives face a class-action lawsuit in a federal court in New York over an alleged contract fixing, bribery and kickback scheme that lawyers say inflated the value of the company's assets. The suit was filed by law firm Wolf Popper LLP in the Southern District of New York on...

  • NEW YORK, Dec 8- The U.S. government filed a lawsuit on Monday accusing Deutsche Bank AG of tax fraud for engaging in a series of transactions designed to evade federal income taxes. Attorney Preet Bharara in Manhattan. Deutsche Bank said in a statement that it plans to vigorously defend itself against the lawsuit.

  • Homeowners, Wells Fargo go to trial over fees Monday, 8 Dec 2014 | 7:08 AM ET
    A Wells Fargo bank branch in New York City.

    Wells Fargo is set to go to trial on Monday as homeowners seek to recoup about $629 million for alleged fees by a company once owned by Wachovia.

  • Dec 5- A federal judge has thrown out a whistleblower lawsuit by a former official of a unit of advertising company WPP Plc who claimed he was fired in retaliation for reporting accounting irregularities to his superiors. District Judge Gregory Woods in Manhattan said Daniel Berman, who was a finance director at WPP's NeozOgilvy LLC unit, did not qualify for...

  • Dec 5- A Massachusetts jury has found that an agreement between AstraZeneca Plc and Ranbaxy Laboratories Ltd to delay the launch of a generic version of AstraZeneca's heartburn drug Nexium was not anticompetitive. AstraZeneca and an attorney for Ranbaxy released statements saying they were pleased with the verdict. The lawsuit, which began in 2012,...

  • Sandoz loses bid to shield psoriasis drug Friday, 5 Dec 2014 | 2:09 PM ET

    Dec 5- The top U.S. patent appeals court has upheld the dismissal of a lawsuit brought by Sandoz Inc that sought to shield its planned version of Amgen Inc's psoriasis and arthritis drug Enbrel from patent lawsuits. Taranto only ruled that the lawsuit against Amgen was premature because Sandoz had not yet sought approval for the drug from the U.S. Food and Drug...