Topic: Lawsuits

Kleiner Perkins Caufield & Byers partner Ellen Pao is suing the venture capital firm for sexual harassment and discrimination, according to a lawsuit filed in California's Superior Court.

Former Goldman Sachs board member Rajat Gupta's insider trading trial began on Monday with the government saying it would call a former top Goldman banker and a current board member as two of its first witnesses.

The Securities and Exchange Commission has been getting tougher on insider trading on Wall Street, but its potential target may be too wide, The New York Times reports.

JPMorgan Chase’s $2 billion trading loss, which was disclosed on Thursday, could give supporters of tighter industry regulation a huge new piece of ammunition as they fight a last-ditch battle with the banks over new federal rules that may redefine how banks do business. The New York Times reports.

The Indian government announced an inquiry on Friday into the operations of the country's main drug regulator, just days after a parliamentary report exposed dysfunction within the agency and alleged serious irregularities in the drug approval process. 

A federal judge in New York has rejected UBS AG's bid to dismiss a federal regulator's lawsuit accusing it of misleading Fannie Mae and Freddie Mac into buying billions of dollars of risky mortgage debt.

A major new rule that has drawn the ire of Wall Street is on track for completion sooner than some bankers had expected, dashing the hopes of financial industry lobbyists, who have pressed for a delay. The NYT reports.

In a wake of a warning letter sent to them by the FDA, some companies whose pre-workout or weight loss products include the ingredient DMAA, are starting to move on with life without it.

A warning letter written by the Food & Drug Administration last week to ten companies that produce pre-workout supplements with the ingredient dimethylamyamine (DMAA) has sent shockwaves through the industry, not only to the producers of the products but to consumers who have taken them.

Former International Monetary Fund chief Dominique Strauss-Kahn cannot use a claim of diplomatic immunity to escape a civil suit by a New York maid, a judge has ruled.

Wal-Mart Stores may not find the math easy when it tries to assess the potential criminal liabilities from an alleged bribery scandal and possible cover-up at its Mexican unit.

A shareholder sued the board and several officers of Wal-Mart Stores on Wednesday over allegations that the company's Mexican affiliate paid bribes to local officials.

A slew of lawsuits by investors and customers of MF Global Holdings Ltd who sued over the futures brokerage's collapse have been consolidated into one case in Manhattan federal court, a court document showed.

A lawyer representing the bulk of claimants in the hacking case against News Corp.'s UK newspaper business said the UK company, News International, faces 46 more civil lawsuits in British courts, the Wall Street Journal reported on Friday.

Several states with dispensaries have seen an increase in both arrests and the confiscation of  marijuana plants. However, a look at DEA records shows what appears to be an uneven enforcement policy among pot-friendly states over the past several years.