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  • Kum & Go chain settles disabilities lawsuit Thursday, 30 Oct 2014 | 6:15 PM ET

    The class-action lawsuit— filed by an Iowa man who uses a wheelchair— alleged the company failed to provide fuel dispensers with operable controls at an appropriate height, didn't provide accessible parking spaces of an appropriate width and in an appropriate location, and otherwise failed to comply with the ADA. Modifications the company will make include...

  • Calpers welcomes Stockton bankruptcy ruling Thursday, 30 Oct 2014 | 6:09 PM ET
    California Public Employees’ Retirement System headquarters is shown in Sacramento, Calif.

    Calpers welcomed a ruling by a federal judge allowing Stockton to exit bankruptcy in a plan that will not see pensions cut.

  • NEW YORK, Oct 30- The failed MF Global Holdings Ltd and its broker-dealer unit have agreed to settle class action lawsuits accusing them of manipulating platinum and palladium prices. The proposed settlements, disclosed in court papers filed late Wednesday in Manhattan federal court, call for plaintiffs to receive nearly $21.1 million in allowed claims...

  • Oct 30- A Southern California law firm has sued Kimberly-Clark Corp for more than $500 million, alleging that the Kleenex tissue maker committed fraud by marketing and selling some of its surgical gowns as protection against Ebola. Law firm Eagan Avenatti said it filed a class-action lawsuit in a Los Angeles court on Wednesday, stating that Kimberly-Clark had...

  • Whirlpool wins first trial over 'moldy' washers Thursday, 30 Oct 2014 | 1:02 PM ET

    NEW YORK, Oct 30- Whirlpool Corp was found not liable Thursday by a U.S. jury in the first lawsuit to go to trial accusing the company of selling front-loading washing machines containing a design flaw that made them prone to developing mold. The jury cleared Whirlpool following a three-week trial in federal court in Ohio, according to lawyers for approximately...

  • FTC sues Gerber over baby formula ad health claims Thursday, 30 Oct 2014 | 12:55 PM ET
    Gerber Good Start Gentle formula

    The Federal Trade Commission is suing Nestle's Gerber due to health claims made on baby formula packaging.

  • NEW YORK, Oct 30- The failed MF Global Holdings Ltd and its broker-dealer unit have agreed to settle class action lawsuits accusing them of manipulating platinum and palladium prices. The proposed settlements, disclosed in court papers filed late Wednesday in Manhattan federal court, call for plaintiffs to receive nearly $21.1 million in allowed claims...

  • MOSCOW, Oct 30- Russian oil-to-telecoms group Sistema, controlled by billionaire Vladimir Yevtushenkov, said on Thursday it disagreed with a court decision to seize its shares in oil company Bashneft and was considering an appeal. The company also said in a statement that ongoing litigation could have a significant negative impact on Sistema's investment...

  • Oct 30- A Southern California- based law firm has sued Kimberly-Clark Corp for more than $500 million, alleging that the Kleenex tissue maker committed fraud by marketing and selling some of its surgical gowns as protection against Ebola. Law firm Eagan Avenatti said it filed a class-action lawsuit in a Los Angeles court on Wednesday, stating that...

  • Ex-Red Sox pitcher, trustee reach bankruptcy deal Thursday, 30 Oct 2014 | 9:47 AM ET
    Curt Schilling at the tenth anniversary of the 2004 World Series Championship team, Boston, May 28, 2014.

    Former Red Sox pitcher Curt Schilling has reached an agreement on the Studio 38 bankruptcy case.

  • Oracle tells lawmakers lawsuit is a waste of money Wednesday, 29 Oct 2014 | 6:03 PM ET

    SALEM, Ore.— Oracle Corp. is appealing to Oregon legislative leaders in the legal fight over the failed Cover Oregon health insurance website. In a letter sent last week to Senate President Peter Courtney and House Speaker Tina Kotek, Oracle CEO Safra Catz hints that the Legislature should pull funding for the lawsuit. "We are flabbergasted by Oracle's back-door...

  • WASHINGTON, Oct 29- The Depository Trust& Clearing Corp on Wednesday dropped a lawsuit against the U.S. swaps regulator, a court document showed, ahead of what two sources said was a possible rule change by the agency. DTCC, which performs back-office services for the Wall Street banks that own it, last year sued the Commodity Futures Trading Commission, which...

  • US agency sues Honeywell over wellness testing Wednesday, 29 Oct 2014 | 5:18 PM ET

    The Equal Employment Opportunity Commission has sued Honeywell to stop it from imposing penalties on employees who refuse certain wellness tests.

  • Visa posts lower 4Q profit; beats Street views Wednesday, 29 Oct 2014 | 4:24 PM ET

    LOS ANGELES— Visa Inc.' s profit fell about 10 percent in its fiscal fourth quarter, weighed down by one-time litigation expenses. But the latest results beat Wall Street expectations and the Foster City, California, company also announced a $5 billion share buyback program, sending its stock up 4 percent in extended trading Wednesday. In a conference call with...

  • Visa quarterly profit falls 10 pct on legal provision Wednesday, 29 Oct 2014 | 4:12 PM ET

    Oct 29- Visa Inc, the world's largest credit and debit card company, reported a 10 percent fall in quarterly profit as it set aside $453 million for litigation. The company's net income fell to $1.07 billion, or $1.72 per Class A share, in the fourth quarter ended Sept. 30 from $1.19 billion, or $1.85 per Class A share, a year earlier. On an adjusted basis, the company's net...

  • McGraw Hill Financial Inc took a $60 million charge in the third quarter for a possible accord, which is unrelated to the U.S. Department of Justice's $5 billion lawsuit against S&P. The charge contributed to a 12 percent decline in McGraw Hill's profit from a year earlier. In July, McGraw Hill disclosed that it had received a "Wells notice" from the U.S. Securities...

  • McGraw Hill Financial Inc took a $60 million charge in the third quarter for a possible accord, which is unrelated to the U.S. Department of Justice's $5 billion lawsuit against S&P. The charge contributed to a 12 percent decline in McGraw Hill's profit from a year earlier. In July, McGraw Hill had disclosed that it had received a "Wells notice" from the U.S....

  • UPDATE 1-DTCC drops case in U.S. swaps regulator data row Wednesday, 29 Oct 2014 | 12:29 PM ET

    WASHINGTON, Oct 29- U.S. market operator the Depository Trust& Clearing Corporation dropped its lawsuit against the U.S. Commodity Futures Trading Commission in a dispute about access to potentially lucrative trading data, a court document showed on Wednesday. The change of heart was because the CFTC, which regulates the trading of swaps and futures, is...

  • Oct 29- Comcast Corp has reached a $50 million settlement in a decade-old lawsuit accusing it of overcharging cable television subscribers, 1-1/ 2 years after the U.S. Supreme Court threw out a larger version of the class-action case. The preliminary settlement, which requires court approval, calls for Comcast to pay $16.67 million in cash to current and former...

  • Defense: FBI posed as repairmen in sports bet ruse Wednesday, 29 Oct 2014 | 9:49 AM ET
    Seal of the FBI

    Federal agents impersonated repair techs to get inside and collect evidence in an investigation of online sports betting, according to lawyers.