NEW YORK, Dec 9- Merck& Co has agreed to settle hundreds of lawsuits over jaw injuries allegedly caused by the osteoporosis drug Fosamax, lawyers disclosed at a court hearing Monday.» Read More
Parmalat can be sued by shareholders in a suit involving its predecessor company, Parmalat Finanziaria's collapse into bankruptcy in 2003, a judge ruled.
Online gaming company PartyGaming said it was confident about prospects for 2007 after the second-quarter financial performance met its expectations, sending its shares higher on Monday.
Software maker SAP will respond to rival Oracle's lawsuit accusing it of intellectual property theft by midnight Pacific Daylight Time on Monday, it said in a statement.
The Motion Picture Association of America filed suits late Tuesday on behlaf of Paramount Pictures and 20th Century Fox against YouTVpc.com and Peekvid.com. The Wall Street Journal broke the story Wednesday night. The sites don't actually provide copyright-violating material--which is their defence--but they do show users where to find that material, which is the studios' problem with the site.
The judge overseeing Microsoft antitrust settlement said Tuesday she would not immediately address complaints Google has made about Microsoft's Windows Vista software.
Most of the time, it’s the story that makes the story. What do I mean by that? (I’m asked that question frighteningly often.) Simply put, when we decide to use a reporter to report a breaking story -- it’s the story itself that determines whether it will get on, and how interested people will be in it. But if you watched Tyler Mathisen’s report on the infamous $54 million dry-cleaning lawsuit, you’d know that as good as that story was, Tyler’s presentation of it added even more. But don’t believe me. Watch the video -- and you be the judge!
A Washington, D.C. judge ruled Monday in favor of a dry cleaner that was sued for $54 million over a missing pair of pants.
The Supreme Court on Thursday imposed a strict standard that investors must meet to keep alive their lawsuits alleging securities fraud.
The Supreme Court handed Wall Street underwriters a major victory Monday by ruling that an antitrust lawsuit against them over the pricing of initial public stock offerings (IPOs) cannot go forward.
A Texas company has sued Nintendo for alleged violations of a patent in making chips for use in its game consoles, Nintendo said on Friday.
Here’s the burning question of the day from the Hamptons, the tony beach towns on Long Island east of Wall Street: Who’s the hedge hog? Hedge fund king James Chanos, of Kynikos Associates, and Marc Spilker, a managing director at Goldman Sachs, are squabbling about a common path to the beach, according to CNBC's Margaret Brennan.
A federal judge has ruled that some product-liability claims against Boston Scientific over implantable heart defibrillators can proceed, rejecting the medical device maker's motions to dismiss them.
A federal judge has ruled that some product liability claims against Boston Scientific over heart defibrillators can proceed, rejecting the medical device company's motions to dismiss them.
State appellate courts in Missouri and New Mexico on Tuesday upheld decisions to grant class-action status to lawsuits alleging Wal-Mart Stores deprived hourly workers of wages, requiring them to work "off the clock" before or after shifts.
GlaxoSmithKline faces a U.S. investor lawsuit claiming that Europe's biggest drugmaker misled shareholders about the safety of diabetes drug Avandia.
The U.S. Supreme Court ruled that a class-action lawsuit against Philip Morris USA, a unit of Altria Group, should not be decided in federal court, handing a defeat to the tobacco company.
U.S. shareholder lawyers are pouncing on private equity buyouts of public companies, bringing a string of lawsuits claiming the deals are unfair to investors and sometimes only serve to enrich top executives.
A federal appeals court grapples Wednesday with a billion-dollar legal question: Are insurance companies obligated to cover water damage from the failure of levees in New Orleans following Hurricane Katrina?
Qwest's claim in television, online, and newspaper advertisements that its Internet service is as fast or faster than Comcast Corp. is being challenged in court by the cable and broadband provider.
Judith Spanier, a plaintiff’s attorney and partner at Abbey, Spanier, Rodd & Abrams, told CNBC’s “Power Lunch” that Wal-Mart’s workers “have no voice except for litigation.” But Aliza Herzberg, a partner at Olshan, Grudman, Frome, said prospective workers routinely flood Wal-Mart with job applications when a new store opens, including 25,000 people who applied for 400 jobs in Evergreen, Ill.