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  • Shareholder Sues Moody's Over Subprime Ratings Wednesday, 26 Sep 2007 | 5:24 PM ET

    A union filed a shareholder lawsuit against Moody's on Wednesday claiming the rating agency did not tell investors it "assigned excessively high ratings" to bonds backed by subprime mortgages.

  • Sprint Says Jury Finds Vonage Infringed on Six Patents Wednesday, 26 Sep 2007 | 10:38 AM ET

    A U.S. federal court jury found that Vonage infringed on six Sprint Nextel patents, according to Sprint spokesman Matt Sullivan.

  • California Court Sides with Disney in Pooh Case Tuesday, 25 Sep 2007 | 8:03 PM ET

    A California appeals court on Tuesday declined to reinstate a long-running case against the Walt Disney over royalties it paid for its popular Winnie the Pooh character.

  • Four Out of Five Companies Hit by Fraud: Survey Monday, 24 Sep 2007 | 2:41 PM ET

    Four out of five businesses worldwide have been hurt by some type of corporate fraud in the last three years, according to a survey commissioned by risk consultant Kroll.

  • Class Action Attorney Melvyn Weiss to be Indicted Thursday, 20 Sep 2007 | 9:29 AM ET

    Prosecutors reached a plea deal earlier this week with Weiss's former partner, William Lerach, who along with Weiss helped shape the class-action legal industry and its pursuit of corporations for alleged wrongdoing.

  • Northrop, Cogent settle lawsuit Monday, 10 Sep 2007 | 9:56 PM ET

    Northrop, Cogent settle lawsuit

  • L'Oreal Challenges eBay Over Sale of Fakes Monday, 10 Sep 2007 | 12:04 PM ET

    L'Oreal, the world's largest cosmetics group, has launched legal action against eBay, alleging the online auctioneer does not do enough to combat the sale of counterfeits, the company said on Monday.

  • SEC Subpoenas Greenberg In AIG Accounting Probe Thursday, 6 Sep 2007 | 3:39 PM ET
    Maurice "Hank" Greenberg

    CNBC has learned that Maurice "Hank" Greenberg has received a subpoena from the SEC and will be giving his first deposition as part of the SEC’s continuing investigation into what role, if any, he played in alleged accounting improprieties at American International Group.

  • Merck Wins Reversal of Vioxx Class-Action Status Thursday, 6 Sep 2007 | 12:27 PM ET

    Merck said Thursday the New Jersey Supreme Court has reversed a lower court ruling that had granted nationwide class-action status to insurers seeking reimbursement for past spending on Vioxx, the drugmaker's withdrawn arthritis treatment.

  • Saks Settles SEC Charges of Misstated Results Wednesday, 5 Sep 2007 | 1:17 PM ET

    The Securities and Exchange Commission said Wednesday that Saks Inc. has agreed to settle a lawsuit that Saks Fifth Avenue understated sales to some vendors and didn't record markdowns properly, inflating its earnings.

  • Mid-America Pipeline Pleads Guilty On Ammonia Release Wednesday, 5 Sep 2007 | 12:09 PM ET

    Mid-America Pipeline Company has pleaded guilty to negligently releasing about 200,000 gallons of ammonia into a Kansas creek.

  • Chevron vs. Ecuador in Pollution Lawsuit Monday, 3 Sep 2007 | 10:07 PM ET

    Chevron Corp., on trial here for allegedly failing to clean up billions of gallons of toxic wastewater in the Ecuadorean jungle, on Monday criticized the judge presiding over the case for creating "obstacles" to a fair trial.

  • Court Clears Way for J&J to Sue Over Failed Guidant Deal Thursday, 30 Aug 2007 | 12:46 PM ET

    A U.S. court dismissed some claims in a lawsuit filed by Johnson & Johnson over its failed bid for Guidant.

  • Wachovia Sues Thornburg Mortgage for $5.1 Million Friday, 24 Aug 2007 | 3:37 PM ET

    Wachovia Bank, a unit of Wachovia, has sued Thornburg Mortgage for breach of contract over the mortgage lender's failure to pay it $5.1 million.

  • Fired Wal-Mart Exec's Lawsuit Dismissed Thursday, 23 Aug 2007 | 4:39 AM ET

    A state judge in Michigan has sided with Wal-Mart Stores and dismissed a lawsuit by former marketing executive Julie Roehm over her firing, saying the case should be filed in Arkansas.

  • Sprint Nextel stands to lose a $2 billion investment in a new phone feature if a court bars Qualcomm from making the necessary chips, Qualcomm executives told the court on Thursday.

  • A group of reporters and their family members whose private telephone records were secretly obtained as part of Hewlett-Packard's boardroom surveillance scheme sued the technology giant and two former executives.

  • CBS Settles with Fired Shock Jock Don Imus Wednesday, 15 Aug 2007 | 5:01 AM ET
    Radio personality Don Imus appears on Rev.Al Sharpton's radio show, in New York Monday April 9, 2007. Imus issued another apology for referring to the Rutgers women's basketball team as "nappy-headed hos" on his morning show last week. (AP Photo/Richard Drew)

    Broadcaster CBS settled its termination dispute with fired radio shock jock Don Imus Tuesday, a possible step toward Imus reviving his multimillion-dollar career with a rival broadcaster.

  • Johnson & Johnson Sues Red Cross Over Use of Emblem Thursday, 9 Aug 2007 | 10:27 AM ET

    Johnson & Johnson, the pharmaceutical giant which uses a Red Cross as its trademark, filed a lawsuit Wednesday against the American Red Cross, demanding that the charity halt the use of the red cross symbol on products it sells to the public.

  • Sharp Sues Samsung for LCD Patent Infringement Monday, 6 Aug 2007 | 10:22 PM ET

    Sharp said on Monday it filed a U.S. lawsuit accusing Samsung Electronics of infringing Sharp's LCD patents, the latest in a series of legal tussles among Asian technology companies.

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