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  • Hedgie billionaire sues fashion designer for $50M Friday, 23 Jan 2015 | 6:41 PM ET
    Moore Capital Management LP CEO Louis Bacon speaks to an attendee during the Dubin Breast Center Gala in New York, Dec. 12, 2011.

    Hedge fund manager Louis Bacon accused Peter Nygård of orchestrating an "obsessive and malicious" smear campaign against him for 4-1/2 years.

  • Mechanics union sues American Airlines Friday, 23 Jan 2015 | 5:27 PM ET

    A mechanics union has filed a lawsuit against American Airlines alleging that the company's managers pressured mechanics to breach FAA regulations.

  • KANSAS CITY, Mo.— Twenty-eight oil companies and retailers have agreed to settle litigation claiming customers were knowingly overcharged when gas station fuel temperatures rose, plaintiffs announced Friday. Federal officials earlier consolidated about 50 lawsuits filed since 2006 from consumers across the country in the U.S. District Court in Kansas...

  • ALBANY, N.Y.— A chain of upstate New York car dealerships whose ubiquitous television ads tout "huge" deals has agreed to pay $1.6 million to settle a federal lawsuit filed by customers who paid nearly $300 for an anti-theft package. Billy Fuccillo's auto business and 18 of its upstate dealerships agreed to pay $1.6 million to settle the lawsuit filed in 2009. The...

  • NEW YORK, Jan 22- UBS AG has won dismissal of a lawsuit accusing it of seizing billions of dollars from inactive accounts over the past 30 years, including assets of the late Indonesian statesman and United Nations General Assembly President, Adam Malik. In 1998, UBS and Credit Suisse Group AG agreed to pay $1.25 billion to settle claims over dormant wartime...

  • McDonald's workers sue over racial discrimination Thursday, 22 Jan 2015 | 3:24 PM ET
    People walk past a McDonald's restaurant, June 9, 2014, in New York.

    Civil rights lawsuit alleges racism and sexual harassment led to wrongful termination of McDonald's workers. The USAToday reports.

  • The workers said in a federal complaint filed Thursday that about 15 African-American employees of some southern Virginia restaurants run by Soweva Co. were fired last May after several white employees were hired. The employees said that McDonald's Corp. controls nearly every aspect of how franchisees operate restaurants, but corporate officials did...

  • Jan 21- Google Inc and Viacom Inc won the dismissal of a nationwide privacy lawsuit accusing them of illegally tracking the Internet activity of boys and girls who visited Nickelodeon's website, in order to send targeted advertising. The lawsuit claimed that Viacom secretly kept track of children under the age of 13 who streamed videos and played video games...

  • Google, Viacom kids' web privacy suit dismissed Wednesday, 21 Jan 2015 | 2:54 PM ET

    A lawsuit accusing the companies of illegally tracking Internet activity of children in order to send targeted advertising was dismissed.

  • Jan 21- Google Inc and Viacom Inc won the dismissal of a nationwide privacy lawsuit accusing them of illegally tracking the Internet activity of boys and girls who visited Nickelodeon's website, in order to send targeted advertising. The lawsuit claimed that Viacom secretly kept track of children under the age of 13 who streamed videos and played video games...

  • Supreme Court divided over housing discrimination Wednesday, 21 Jan 2015 | 12:22 PM ET
    U.S. Supreme Court Chief Justice John Roberts, with Justices, Anthony Kennedy, Ruth Bader Ginsburg, Stephen Breyer, Sonia Sotomayor and Elena Kagan listen as U.S. President Barack Obama delivers his State of the Union speech.

    The U.S. Supreme Court appeared torn as it weighed whether to narrow the scope of discrimination claims made under the Fair Housing Act.

  • Airbnb fight heats up  Wednesday, 21 Jan 2015 | 12:08 PM ET

    The battle over legality of hot startup Airbnb is intensifying in New York City.

  • Fox loses U.S. copyright claims over Dish ad-skipper Tuesday, 20 Jan 2015 | 7:50 PM ET

    Jan 20- A U.S. judge has rejected portions of Twenty-First Century Fox Inc's lawsuit seeking to stop Dish Network Corp from selling devices that let viewers skip over commercials when playing back shows. District Judge Dolly Gee in Los Angeles rejected copyright claims that Fox had brought over the Hopper, Dish's digital recording device.

  • NEW YORK— A month after it was fined $47 million for misleading investors, Life Partners Holdings said Tuesday it filed for Chapter 11 bankruptcy protection. The Securities and Exchange Commission filed a lawsuit against the company in 2012, saying that Life Partners Holdings and three executives misrepresented revenues and public information.

  • PORTLAND, Maine— A federal judge has denied a labor union's attempt to block the sale of a shuttered Bucksport, Maine, paper mill to a Canadian scrap metal recycler. U.S. District Court Judge John Woodcock issued his decision in Bangor on Tuesday. The union filed an antitrust lawsuit seeking to restrain Verso Paper Corp. from selling the mill to AIM Development LLC...

  • DEA kept secret phone records for years Friday, 16 Jan 2015 | 6:26 PM ET
    U.S. Department of Justice, Washington, D.C.

    The Justice Department kept a secret database of incoming and outgoing U.S. international calls for more than a decade.

  • The lawsuit, filed in federal court in Manhattan, comes three months after McGraw Hill took a $60 million charge and said it was in talks to resolve an SEC probe into its ratings for six commercial mortgage-backed securities transactions issued in 2011.. Duka, who left S&P in 2012, said she received a "Wells notice" in November indicating she might face an SEC...

  • BOSTON, Jan 16- Eric Mindich's $8.5 billion hedge fund, Eton Park Capital Management, is now ready to pick through the debt of beaten-up energy companies, an area it avoided last year as the price of oil tumbled. Eton Park dropped mortgage companies Fannie Mae and Freddie Mac with a big profit before a U.S. judge threw out a lawsuit filed by shareholders to prevent the...

  • 2 dancers sue Oregon strip club for unpaid wages Friday, 16 Jan 2015 | 1:37 PM ET

    PORTLAND, Ore.— A Portland strip club that gained national attention for its vegan menu has been accused of withholding more than meat. Two former Casa Diablo dancers, Matilda Bickers and Amy Pitts, contend in a federal lawsuit they did not receive the minimum wage and were subjected to unwanted touching by customers and bouncers. Casa Diablo manager Johnny Zukle...

  • Jan 16- Procter& Gamble Co unit Gillette filed a lawsuit against four former employees for disclosing trade secrets to ShaveLogic, their current employer. Gillette filed the lawsuit in Suffolk Superior Court in Boston, Massachusetts, P&G said on Friday. Dallas- based Shavelogic could not be immediately reached for comment.