The lawsuit, filed in U.S. District Court in Manhattan, claims that shareholders suffered losses after Lions Gate, which also produces TV shows such as "Mad Men," on March 13 agreed to pay $7.5 million and admit wrongdoing to settle the probe by the U.S. Securities and Exchange Commission.» Read More
July 11- Silver Lake Partners LP agreed to pay $29.5 million to settle a lawsuit that accused it and several other large private equity firms of conspiring not to outbid each other on takeovers prior to the financial crisis, court records showed. The settlement was disclosed in a filing late Thursday in federal court in Boston.
Darden Restaurants Inc, the parent of Olive Garden and Red Lobster, won the dismissal of a New York lawsuit accusing it of illegally adding an automatic 18 percent tip to diners' bills and failing to list beverage prices on its menus.
The Federal Trade Commission is suing Amazon over children's in-app purchases.
Full Sail Brewing is suing The Sessions Law Firm, which specializes in driving under the influence (DUI) cases, for trademark infringement.
July 10- A federal judge has dismissed mortgage discrimination lawsuits filed by the City of Miami against Citigroup Inc and Wells Fargo& Co, following the dismissal of a similar lawsuit against Bank of America Corp earlier this week. District Judge William Dimitrouleas dismissed the city's claims against Citi and Wells under the U.S.
July 10- A federal judge has dismissed mortgage discrimination lawsuits filed by the City of Miami against Citigroup Inc and Wells Fargo& Co, following the dismissal of a similar lawsuit against Bank of America Corp earlier this week. He referred to his reasoning in the Bank of America case, where he said Miami lacked standing to sue.
Remington Arms offers to replace defective triggers on its model 700 rifle, reports CNBC's Scott Cohn.
CNBC's Julia Boorstin reports the FTC is suing Amazon.com over in-app purchases by children.
July 10- Sports shoe maker Skechers USA Inc said it filed a lawsuit against Fila U.S.A. Inc, claiming Fila Amazen Memory Moc shoes infringed patents related to its Go Walk line.
A lawsuit seeking class-action status says passenger bags sometimes get bumped to make way for paid cargo, Crain's Chicago Business reports.
July 10- Sports shoe maker Skechers USA Inc said it filed a lawsuit against Fila U.S.A. Inc, claiming Fila Amazen Memory Moc shoes infringed patents related to Skechers Go Walk shoes.
NEW YORK, July 9- A federal judge on Wednesday rejected PricewaterhouseCoopers' request to dismiss a $1 billion lawsuit accusing the auditor of providing bad accounting advice that contributed to the October 2011 collapse of MF Global Holdings Ltd, a brokerage run by former New Jersey Governor Jon Corzine.
BOSTON, July 9- Microsoft Corp has dropped a lawsuit against Vitalwerks Internet Solutions that alleged the privately held Web services firm failed to take proper steps to prevent its systems from being abused by cybercriminals.
July 9- A federal judge has dismissed the city of Miami's mortgage discrimination lawsuit against Bank of America Corp, handing the city its first defeat in four suits that accuse major banks of U.S.
Justin Bieber will be charged in Los Angeles in connection with an egg-throwing incident in January that damaged a neighbor's home.
Ex-Mayor Ray Nagin was sentenced to 10 years in prison for bribery, money laundering and other corruption that spanned his two terms as mayor.
John Wayne's heirs are suing Duke University over its objections to use of his nickname in alcoholic beverages, according to the Hollywood Reporter.
July 9- A federal judge has dismissed the City of Miami's mortgage discrimination lawsuit against Bank of America Corp, ruling the city lacked legal standing to sue for damages under the U.S. "Against the backdrop of a historic drop in home prices and a global recession," the city had not traced foreclosures to Bank of America's actions, the judge said.
July 9- Harbinger Capital Partners has sued Dish Network Corp and its chairman, Charles Ergen, for at least $1.5 billion, accusing them of trying to strip the hedge fund of its control of bankrupt wireless company LightSquared. The lawsuit, filed in a Colorado federal court on Tuesday, said Ergen had engaged in fraud and violated a federal anti-racketeering law.
July 9- A federal judge has dismissed a lawsuit brought by the City of Miami against Bank of America Corp for mortgage discrimination, ruling the city lacked legal standing to sue for damages under the U.S. In a ruling with implications for other banks facing similar lawsuits, U.S.