NEW YORK, Aug 29- A U.S. judge on Friday dismissed antitrust litigation accusing Wall Street banks and commodity merchants including Goldman Sachs Group Inc and Glencore Plc of conspiring to drive up aluminum prices by reducing supply.» Read More
NEW YORK, Aug 28- Bank of America Corp on Thursday asked a federal judge to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit that resulted in a $1.27 billion penalty.
McDonald's has temporary closed three more restaurants in Russia following mass unscheduled inspections by Russia's food safety watchdog.
NEW YORK, Aug 28- A U.S. regulator can proceed with lawsuits accusing HSBC Holdings Plc and Nomura Holdings Inc of misleading Fannie Mae and Freddie Mac into buying mortgage-backed securities that later turned toxic, a federal judge ruled on Thursday.
Aug 27- A Chicago federal judge on Wednesday said Groupon Inc sales representatives cannot pursue a class-action lawsuit over the Internet commerce company's failure to pay for overtime before and after its 2011 initial public offering.
SAN FRANCISCO, Aug 27- A U.S. judge rejected Apple Inc's latest bid for a permanent injunction against Samsung Electronics Co Ltd in another sign of the diminishing impact of the smartphone patent wars. Apple won a $120 million jury verdict against Samsung earlier this year over three Apple patents.
A U.S. judge rejected Apple's latest bid for a permanent injunction against Samsung.
Tyson Foods has won antitrust approval for its purchase of Hillshire Brands Company, the Justice Department said on Wednesday.
NEW YORK, Aug 27- A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by former New Jersey Governor Jon Corzine.
A former acting director of cybersecurity at the Department of Health and Human Services has been convicted of several child pornography counts.
Aug 27- A Delaware judge granted a request by Valeant Pharmaceuticals International Inc and Pershing Square Capital Management for expedited proceedings in a special meeting dispute with Allergan Inc.. Andre Bouchard of Delaware's Court of Chancery scheduled a three-day trial to start Oct. 6. Allergan had proposed a Nov. 24 trial.
CHICAGO— Two Chicago men sued a taxi company this week, alleging a driver tried to kick them out of his cab because they shared a short kiss. Matthew McCrea and Steven White filed the lawsuit against Sun Taxi. They claim the driver violated the Illinois Human Rights Act and are seeking an undisclosed amount in damages.
Charles Schwab has lost a case against Morgan Stanley, accusing it of improperly recruiting brokers from a Schwab San Francisco branch.
Curtis Milhaupt, Director of the Center for Japanese Legal Studies at the Columbia Law School, discusses news that the firm has been held responsible for a suicide case.
A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by ex-AIG CEO.
District Judge Thomas Griesa in the federal court in Manhattan, in a ruling made public Tuesday, dismissed Arrow Productions Ltd's $10 million lawsuit against the producers of the film, starring Amanda Seyfried, and its distributor, The Weinstein Company.
District Judge Thomas Griesa in Manhattan, in a ruling made public Tuesday, dismissed Arrow Productions Ltd's $10 million lawsuit against the producers of the film, starring Amanda Seyfried, and its distributor, The Weinstein Company.
Aug 26- A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by Maurice "Hank" Greenberg, the former chief executive of American International Group, over the insurer's government bailout, clearing the way for a Sept. 29 trial.
NEW YORK, Aug 26- A judge has dismissed London Metal Exchange Ltd as a defendant from U.S. antitrust litigation accusing banks and commodity companies of conspiring to drive up aluminum prices by restricting supply, hurting manufacturers and purchasers.
A widely watched lawsuit between a billionaire and top art tycoon has expanded to include one of the most secretive and powerful families in the art world.
The 2008 lawsuit against Philip Morris, an Altria Group Inc company, concerns cigarette sales to the Navy Exchange Service Command and the Army and Air Force Exchange Service, both of which operate facilities that sell products to military personnel and their families.