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  • WASHINGTON, Dec 24- The U.S. Commodity Futures Trading Commission said on Wednesday it had fined MF Global Holdings Ltd for wrongdoing during the collapse of the futures brokerage, but will continue its lawsuit against the firm's former chief, Jon Corzine. A federal judge in Manhattan approved a settlement in which the company will pay a $100 million fine and be...

  • Facebook to face lawsuit for scanning messages Wednesday, 24 Dec 2014 | 1:13 PM ET
    The Facebook logo is reflected in the eyeglasses of a user in San Francisco.

    Facebook must face a lawsuit accusing it of violating its users' privacy by scanning messages they send for advertising purposes.

  • Dec 24- Facebook Inc must face a class action lawsuit accusing it of violating its users' privacy by scanning the content of messages they send to other users for advertising purposes, a U.S. judge has ruled. District Judge Phyllis Hamilton in Oakland, California, on Tuesday dismissed some state-law claims against the social media company but largely denied...

  • NEW YORK, Dec 23- A U.S. appeals court on Tuesday threw out most of the claims in an investor lawsuit against Bank of New York Mellon Corp as trustee for subpar mortgage-backed securities involved in an $8.5 billion settlement by Bank of America Corp.. The 2nd U.S. Circuit Court of Appeals in New York said Bank of New York Mellon did not have to face claims stemming...

  • DuPont, Monsanto agree to settle patent lawsuits Tuesday, 23 Dec 2014 | 3:07 PM ET

    Terms of the deal announced Tuesday by DuPont Co. and Monsanto Co. were not announced. St. Louis- based Monsanto had claimed that DuPont had infringed upon certain Monsanto patents for determining a seed's genetics. Based in Wilmington, Delaware, DuPont had alleged that Monsanto had infringed upon certain DuPont seed-processing patents.

  • Dec 23- DuPont and Monsanto Co have agreed to dismiss patent infringement lawsuits against each other over some seed development technologies. Monsanto had alleged that DuPont infringed some of its seed chipping patents, while DuPont had claimed that Monsanto infringed some patents related to seed processing. DuPont shares were up 1.6 percent at $75.30 in...

  • WASHINGTON, Dec 23- The U.S. credit union regulator sued Wells Fargo& Co Tuesday, saying the bank failed to fulfill its duties as a trustee for certain residential mortgage-backed securities trusts that soured and brought down five credit unions. A Wells Fargo spokeswoman declined to comment on the lawsuit. Regulators said Wells Fargo, as trustee for those...

  • NEW YORK, Dec 23- Patent risk management company RPX Corp said on Tuesday it would buy patents owned by Apple Inc and other firms for $900 million, helping to further scale back lawsuits over smartphone technology. The deal puts an end to litigation started last year by Rockstar against several handset manufacturers whose phones operate on Google Inc's Android...

  • Consumer group sues Aetna, alleges discrimination Monday, 22 Dec 2014 | 7:00 PM ET

    SAN DIEGO— A consumer advocacy group has filed a class-action lawsuit against Aetna Inc. saying a new policy violates the privacy of people with HIV and AIDS by requiring them to get their medications from its mail-order pharmacy. Consumer Watchdog filed the lawsuit Friday in federal court in San Diego. The plaintiff is a San Diego man who is anonymous in court...

  • Sony left confidental data vulnerable: Lawyer Monday, 22 Dec 2014 | 1:01 PM ET
    A sign outside Sony Pictures Entertainment in Culver City, Calif., December 19, 2014.

    Sony Pictures Entertainment failed to protect employee information before a cyberattack, a lawyer for former Sony employees said.

  • Ex-employees sue Sony over hack  Monday, 22 Dec 2014 | 10:32 AM ET

    Attorney Matthew George, Girard Gibbs, discusses the basis for three class-action lawsuits filed by former Sony employees who claim the company failed to properly protect data.

  • SAN FRANCISCO, Dec 19- A U.S. judge on Friday rejected Hewlett-Packard Co's proposed settlement of shareholder litigation involving the information technology company's botched acquisition of Autonomy Plc. District Judge Charles Breyer in San Francisco wrote that the settlement may not have been fair for shareholders because it broadly released HP from...

  • NEW YORK, Dec 19- U.S. homeowners suing mortgage companies once owned by a bank Wells Fargo& Co later acquired won a $54.8 million verdict on Friday in a class action over excessive fees. The verdict, by a federal jury in Manhattan, came in a long-running lawsuit by borrowers whose mortgages were owned or serviced by HomEq Serving or the lender whose loans it was...

  • WASHINGTON, Dec 19- T-Mobile US has agreed to settle a lawsuit filed by the U.S. government over unauthorized charges placed on customers' bills, a practice known as cramming, and to pay at least $90 million, two U.S. agencies said on Friday. T-Mobile US received 35 percent to 40 percent of the amount charged, the FTC said in July. T-Mobile US, Verizon Communications Inc,...

  • U.S. settles lawsuit with T-Mobile US over cramming Friday, 19 Dec 2014 | 12:12 PM ET

    WASHINGTON, Dec 19- T-Mobile US has agreed to settle a lawsuit filed by the U.S. government over unauthorized charges placed on customers' bills, a practice known as cramming, and to pay at least $90 million in refunds and fines, two U.S. government agencies said on Friday. T-Mobile USA received 35 to 40 percent of the amount charged, the Federal Trade Commission said...

  • ‘Putin’s banker’ loses $2 billion court fight Friday, 19 Dec 2014 | 11:01 AM ET
    Vladimir Putin, left, shakes hands with Sergei Pugachev in this July 28, 2000 photo.

    The man once known as Putin's banker lost his challenge to overturn a UK court order freezing his assets up to $2 billion. FT reports.

  • Lawyers cash in on favors from state prosecutors Friday, 19 Dec 2014 | 10:54 AM ET
    Gary King speaks during the Democratic Party for New Mexico 2014 Governor Forum in Albuquerque, N.M., May, 2014.

    The partnership is part of an industry pairing plaintiffs' lawyers with state attorneys general to sue companies. The NYT reports.

  • Consumers can sue Target Corp over data breach -judge Friday, 19 Dec 2014 | 10:10 AM ET

    Dec 19- A U.S. judge has cleared the way for consumers to sue Target Corp over the retailer's late 2013 data breach that they say compromised their personal financial information. District Judge Paul Magnuson in St. Paul, Minnesota, on Thursday dismissed claims by plaintiffs in certain states but largely denied Target's request to toss the proposed class action...

  • Judge may toss guilty pleas in insider-trading case Friday, 19 Dec 2014 | 6:21 AM ET

    A judge said he's leaning toward tossing out guilty pleas in an insider-trading case, the latest fallout from a court ruling criticizing prosecutors' tactics.

  • 'You can't literally put a company in jail'  Friday, 19 Dec 2014 | 5:20 AM ET

    Executives from large corporations are not being held accountable when they break the law, according to Brandon Garrett, author of "Too Big to Jail".