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  • March 26- Zynga Inc must face a lawsuit that accuses the gaming company known for its "FarmVille" game of defrauding shareholders about its prospects before and after its December 2011 initial public offering. District Judge Jeffrey White in San Francisco said on Wednesday that shareholders could pursue claims that Zynga concealed declining user activity,...

  • Zynga must face lawsuit for defrauding shareholders Thursday, 26 Mar 2015 | 11:25 AM ET
    Zynga headquarters in San Francisco.

    Zynga must face a lawsuit accusing the online gaming company of defrauding shareholders about its prospects before and after its 2011 IPO.

  • SEC probes American Apparel on ex-CEO Charney Thursday, 26 Mar 2015 | 11:24 AM ET
    Dov Charney

    American Apparel said the SEC has ordered an investigation related to its founder and former Chief Executive Officer Dov Charney.

  • Zynga must face lawsuit alleging fraud tied to IPO Thursday, 26 Mar 2015 | 10:47 AM ET

    March 26- Zynga Inc must face a lawsuit accusing the online gaming company known for "FarmVille" of defrauding shareholders about its prospects before and after its December 2011 initial public offering. District Judge Jeffrey White in San Francisco on Wednesday said shareholders could pursue claims that Zynga concealed declining user activity, masked how...

  • Joplin sues former master developer for fraud Thursday, 26 Mar 2015 | 8:31 AM ET

    JOPLIN, Mo.— The city of Joplin has sued a Texas- based company that it hired to help in recovery efforts from the devastating 2011 tornado, accusing it of fraud and seeking at least $1.5 million in damages. The lawsuit was filed Wednesday in Jasper County Circuit Court against Wallace Bajjali Development Partners and the company's two partners, one of whom filed...

  • States press RadioShack on consumer privacy Wednesday, 25 Mar 2015 | 4:44 PM ET
    A pedestrian passes a Radio Shack store soon to be closed in New York.

    The states of Oregon, Pennsylvania, Tennessee and Texas are challenging RadioShack for trying to sell customers' personal information.

  • Justices revive ex-UPS worker's pregnancy bias lawsuit Wednesday, 25 Mar 2015 | 10:06 AM ET

    WASHINGTON— The Supreme Court gave a former UPS driver another chance Wednesday to prove her claim of discrimination after the company did not offer her lighter duty when she was pregnant. The justices on Wednesday sided 6-3 with former driver Peggy Young in throwing out lower court rulings that rejected her lawsuit. Atlanta- based UPS Inc. maintained that it...

  • Pao trial may lead to more discrimination lawsuits Tuesday, 24 Mar 2015 | 10:39 AM ET
    Ellen Pao (center) arrives outside the San Francisco Superior Court with her lawyers on March 24, 2015.

    Industry insiders and attorneys are mixed on whether Ellen Pao's lawsuit will have a chilling effect on hiring women in Silicon Valley.

  • Silicon Valley sex bias? Now it's the jury's turn Tuesday, 24 Mar 2015 | 10:28 AM ET
    Ellen Pao leaves the Superior Court Civic Center Courthouse during a lunch break from her trial on March 11, 2015 in San Francisco.

    A Silicon Valley gender bias case against Kleiner Perkins Caufield & Byers goes to closing arguments on Tuesday.

  • WASHINGTON, March 24- The U.S. Supreme Court on Tuesday handed a narrow victory to Omnicare Inc by throwing out an appeals court ruling that revived securities class action claims alleging the company had misled investors prior to a public stock offering. The court, in an opinion by Justice Elena Kagan, ruled in favor of Omnicare by finding that a statement made by...

  • SUPREME COURT RULES FOR PHARMACY SERVICES COMPANY OMNICARE IN SECURITIES CLASS ACTION CASE.

  • Silicon Valley eyeing Pao discrimination case   Tuesday, 24 Mar 2015 | 8:21 AM ET
    Silicon Valley eyeing Pao discrimination case

    CNBC's Julia Boorstin reports on the ripple effects of the high-profile gender lawsuit against Kleiner Perkins.

  • U.S. law firm rallies Tesco investors to join lawsuit Tuesday, 24 Mar 2015 | 5:22 AM ET

    The overstatement led to a sharp decline in the market value of Britain's biggest retailer, driving its share price down to a 14 year low, and prompted a criminal investigation by Britain's Serious Fraud Office. Tesco Shareholder Claims Limited, a group funded by U.S. litigation firm Scott+ Scott, said on Tuesday it would seek to bring an action against Tesco on...

  • Broadband industry trade group USTelecom filed a lawsuit against the FCC in the U.S. Court of Appeals for the District of Columbia, which has in the past twice rejected the FCC's net neutrality regulations. Texas- based Internet provider Alamo Broadband Inc challenged the FCC's new rules in the U.S. Court of Appeals for the Fifth Circuit in New Orleans, making a...

  • NEW YORK, March 23- Several major banks were hit on Monday with lawsuits filed by California- based analog circuits maker Maxim Integrated Products Inc alleging their smartphone banking apps infringe the company's patents. The complaints were filed against M&T Bank Corp and the U.S. affiliates of HSBC Holdings Plc and Banco Santander SA in federal court in...

  • NEW YORK, March 23- Revlon Inc has reached a settlement with a former chief scientific officer whose claims the company's chief executive made derogatory statements about Jews, Americans and black people went viral on social media. Revlon said in a statement that the case was "amicably resolved." Meyers, who joined Revlon in 2010 and was fired in December last year,...

  • WASHINGTON— The Supreme Court will consider whether satellite provider DirecTV can cut off a class action lawsuit and force customers suing over early termination fees into private arbitration hearings instead. A California state appeals court ruled against the DirecTV last year, saying that state law forbids agreements that waive customer's rights to...

  • WASHINGTON, March 23- The U.S. Supreme Court on Monday agreed to hear an appeal filed by DirecTV Inc concerning the satellite television provider's efforts to enforce arbitration agreements its customers in California have signed. The litigation dates back to 2008 when Amy Imburgia and Kathy Grenier filed class action lawsuits saying that DirecTV had...

  • March 20- The hedge fund firm run by activist investor William Ackman said on Friday a federal judge's recent dismissal of a shareholder lawsuit against Herbalife Ltd did not "exonerate or bless" its business practices. Pershing Square Capital Management LP, which in December 2012 revealed a $1 billion bet against the weight loss and nutritional products...

  • WMT settles part of Tracy Morgan crash for $10M Friday, 20 Mar 2015 | 4:53 PM ET
    Wal-Mart

    Court papers show that the children of the comedian who was killed in the crash that injured Tracy Morgan won a $10 million settlement from Wal-Mart.