ALBANY, N.Y.— New York's attorney general filed a federal lawsuit Monday seeking to stop a manufacturer from discontinuing its drug widely used to treat Alzheimer's patients, arguing the company is illegally driving patients to its newer patented drug to avoid losses from cheaper generic alternatives coming out next year.» Read More
A federal judge has ordered a third trial in a lawsuit by a woman who blamed Merck's painkiller Vioxx for the heart attack that killed her husband.
A fired Wal-Mart Stores marketing executive has accused the retailer's chief executive of violating its ethics policy by accepting discounts on yachts, diamonds and personal gifts from vendors and others eager to work with the company.
Connecticut's attorney general announced a lawsuit against Best Buy, accusing the nation's largest consumer electronics retailer of deceiving customers with in-store computer kiosks and overcharging them.
Investors in Wood River Partners have sued UBS, alleging the defunct hedge fund's prime broker fraudulently earned more than $100 million by misusing knowledge of its trades, the Wall Street Journal reported on its Web site on Wednesday.
New York State Attorney General Andrew Cuomo has sued Dell over consumer complaints against the computer maker, contending that the company engaged in deceptive financing practices.
Federal lawsuits were filed from both sides following Dow Chemical's decision last month to fire two top-ranking officials whom it accused of trying to secretly negotiate a leveraged buyout of the company.
Several journalists targeted by Hewlett-Packard in the company's hunt for the source of boardroom leaks are seeking damages for alleged invasion of privacy, their lawyers said onMonday.
Plaintiffs including England's Premier League sued Google's online-video sharing site YouTube on Friday for copyright infringement, marking the second big legal challenge to YouTube.
Business software maker Oracle on Monday asked a U.S. court to make SAP preserve evidence on its computers, saying it was concerned its German rival might destroy electronic information at the heart of a corporate theft lawsuit.
The Supreme Court sided with Microsoft in a case that restricts the reach of U.S. patents overseas. The decision could impact other lawsuits against Microsoft and save the company billions because of the global scope of its operations.
Internet phone company Vonage Holdings said a federal appeals court issued a permanent stay of a previous court's injunction that would have barred it from signing up new customers.
Banks have been saddled with costs to replace cards and cover fraudulent charges tied to the theft from TJX, the owner of nearly 2,500 discount stores including T.J. Maxx and Marshalls.
Morgan Stanley said it has settled a class-action lawsuit accusing it of gender bias against current and former women financial advisers and trainees, and has set aside $46 million to pay claims.
A Texas judge overseeing lawsuits against Merck over its withdrawn pain drug Vioxx dismissed a case, rejecting the plaintiff's claim that she was not properly informed of the health risks associated with the medicine, Merck said late on Friday.
U.S. authorities said they joined in a whistleblower case filed against Hewlett-Packard, Sun Microsystems and Accenture alleging that the companies violated federal false claims laws.
Microsoft said it agreed to pay up to $180 million to settle a class-action lawsuit, claiming the company has used its monopoly to overcharge citizens in the state of Iowa.
Lucky Friday the 13th: As I’ve often detailed, there are many moving parts to getting breaking news on the air. "Friday the 13th" is the last day one might think the stars would decide to align to our benefit, but they did. Beverage maker Cott had been the subject of speculation all day, focusing on a possible merger with Cadbury Schweppes. It was halted before the New York Stock Exchange open for “news pending,” which, of course, only served to fuel that speculation. ...
Nicole Deese, a securities attorney at Fowler, White & Boggs, told CNBC’s “Power Lunch” that allowing bond holders to sue investment banks that sold high-yield bonds backing sub-prime loans will “inhibit, if not entirely stifle, the flow of money from capital markets to the mortgage sector.”
Virgin Media said on Thursday it had filed proceedings in the High Court to resolve a dispute with rival BSkyB over the withdrawal of its basic channels from Virgin's TV service.
The Beatles' Apple Corps company has settled a royalties dispute with record label EMI, the two companies said Thursday, raising hopes that Beatles recordings may soon be legally available online.