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  • 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...

  • 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."

  • 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.

  • Jan 7- A group of 13 flight attendants say they were illegally fired by United Airlines after refusing to fly on a Hong Kong- bound plane last July that had a "threatening" message scrawled under its tail engine, according to a complaint filed with the U.S. Department of Labor. United, a unit of United Continental Holdings Inc, said it would fight the pending litigation...

  • US Airways had sought under federal antitrust law to recoup three times the $317 million to $482 million it claimed to lose in overcharges and profit from Sabre's alleged illegal conduct over nearly seven years, from April 21, 2007 to March 31, 2014. District Judge Lorna Schofield in Manhattan said US Airways, now part of American Airlines Group Inc, may pursue...

  • US Airways had sought under federal antitrust law to recoup three times the $317 million to $482 million it claimed to have lost in overcharges and profit from Saber's alleged illegal conduct over nearly seven years, from April 21, 2007 to March 31, 2014. District Judge Lorna Schofield in Manhattan said US Airways, now part of American Airlines Group Inc, may...

  • Monster sues Beats over alleged ‘fraud and deceit’ Wednesday, 7 Jan 2015 | 6:46 AM ET
    Beats headphones and iPod Touch.

    Monster sued Beats Electronics over alleged "fraud and deceit" in the way it acquired control of the rights to the "Beats by Dr. Dre" headphones.

  • NEW YORK, Jan 5- JPMorgan Chase& Co has become the first bank to settle a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion- a-day foreign exchange market. JPMorgan settled after mediation with Kenneth Feinberg, who also oversees a General Motors Co program to compensate drivers whose vehicles had faulty...

  • NEW YORK, Jan 5- JPMorgan Chase& Co has become the first bank to settle a U.S. antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion- a-day foreign exchange market. The settlement was disclosed in a letter filed on Monday with the U.S. District Court in Manhattan from lawyers for JPMorgan, the largest U.S. bank, and investors.

  • JPMorgan settles its portion of forex lawsuit Monday, 5 Jan 2015 | 11:48 AM ET

    JPMorgan Chase has settled its portion of an antitrust lawsuit that alleged foreign exchange manipulation.

  • NEW YORK, Jan 5- JPMorgan Chase& Co has become the first bank to settle an antitrust lawsuit in which investors accused 12 major banks of rigging prices in the $5 trillion- a-day foreign exchange market. The settlement with the largest U.S. bank was disclosed on Monday in a letter from lawyers for JPMorgan and the plaintiffs, and filed in U.S. District Court in...

  • JPMorgan settles forex price-rigging lawsuit -letter Monday, 5 Jan 2015 | 11:04 AM ET

    NEW YORK, Jan 5- JPMorgan Chase& Co, the largest U.S. bank, has agreed to settle its portion of an antitrust lawsuit in which investors accused major banks of rigging prices in the $5 trillion- a-day foreign exchange market. The settlement was disclosed in a letter from lawyers for JPMorgan and the plaintiffs, and was filed on Monday with the U.S. district court of...