Law Lawsuits

  • LOS ANGELES— A federal judge has thrown cold water on a lawsuit that claimed Starbucks defrauded customers by adding ice to its cold beverages. Alexander Forouzesh sued Starbucks Corp. in May for fraud, breach of warranty and false advertising, among other claims. "Any child can figure out that they're being deceived by Starbucks, as well," he said. "

  • Jacob ' Kobi'' Alexander, the former Comverse Technology Inc. chief executive officer

    Tech executive Kobi Alexander pleaded guilty to securities fraud 10 years after moving to Africa allegedly to avoid prosecution.

  • Judge denies bail to Kobi Alexander

    CNBC's Scott Cohn reports the latest details on the securities fraud case against former Comverse chair Kobi Alexander.

  • Judge denies bail to Kobi Alexander

    Judge denies bail to former Comverse CEO, Kobi Alexander. CNBC's Scott Cohn reports.

  • Nancy Retzlaff, chief commercial officer of Turing Pharmaceuticals, listens during a House Committee on Oversight and Government Reform hearing on prescription drug prices in Washington, Feb. 4, 2016.

    Nancy Retzlaff, has filed a federal complaint against Turing Pharmaceuticals, the New York Times reports.

  • Lawsuits have linked the Remington 700’s trigger mechanism to at least 24 deaths, but the company blames the accidents on user errors.

    The number of people who want their gun triggers replaced is key to the settlement of a class action over allegedly faulty Remington rifles.

  • NEW YORK, Aug 23- General Motors Co said Tuesday a Texas judge had denied its bid to throw out a lawsuit over a fatal 2011 crash blamed on a faulty ignition switch, after the company accused a car driver and his lawyers of fabricating evidence about the vehicle's key. Harris County Judge Robert Schaffer said in his mid-trial ruling, however, that he would instruct...

  • Negotiations are advancing thanks to the prospect of more cash for creditors following the $4.4 billion sale of another Caesars affiliate last month and the possibility of financial contributions from Caesars' private equity sponsors, Brendan Hayes, managing director of Millstein& Co said at a hearing. But negotiations need to take place without the threat...

  • NEW YORK, Aug 23- General Motors Co said Tuesday a Texas judge had denied its bid to throw out a lawsuit over a fatal 2011 crash blamed on a faulty ignition switch, after the company accused a car driver and his lawyers of fabricating evidence about the vehicle's key. Harris County Judge Robert Schaffer said in his mid-trial ruling, however, that he would instruct...

  • Andrea Tantaros

    A suit filed by Andrea Tantaros, a former Fox News host, says the network “operates like a sex-fueled, Playboy Mansion-like cult.” The NYT reports.

  • NEW YORK, Aug 22- Citigroup Inc and AT&T Inc have ended a court battle over whether the "AT&T thanks" customer loyalty program infringed Citigroup's trademark in the phrase "thankyou." According to a Monday filing with a Manhattan federal court, the companies have dropped claims against each other with prejudice, meaning they cannot be brought again.

  • The deal with the SEC, detailed in papers filed in Manhattan federal court, resolves a 2011 lawsuit accusing Mudd of misleading investors about Fannie's exposure to risky mortgages before the crisis. Mudd was one of six executives at mortgage funding giants Fannie Mae and Freddie Mac sued by the SEC. The SEC did not immediately respond to calls for comment.

  • NEW YORK, Aug 22- Citigroup Inc and AT&T Inc have ended a court battle over whether the "AT&T thanks" customer loyalty program infringed Citigroup's trademark in the phrase "thankyou." According to a Monday filing with a Manhattan federal court, the companies have dropped claims against each other with prejudice, meaning they cannot be brought again.

  • 401(k) lawsuit hits Morgan Stanley

    Charles Field, Sanford Heisler LLP Partner, discusses the lawsuit against Morgan Stanley over 401(k) mismanagement.

  • NEW YORK, Aug 22- A U.S. appeals court refused on Monday to reconsider its decision to overturn a $1.27 billion penalty against Bank of America Corp and a jury verdict finding it liable for mortgage fraud leading up to the 2008 financial crisis. The 2nd U.S. Circuit Court of Appeals in New York rejected a petition by Manhattan U.S. Marc Mukasey, a lawyer for Rebecca...

  • NEW YORK, Aug 22- Citigroup Inc and AT&T Inc have ended their litigation over the latter's use of the phrase "AT&T thanks" on a customer loyalty program, which the bank said was too similar to its trademarked "thankyou."

  • The relatively small settlement, disclosed in papers filed in federal court in Manhattan, resolves a 2011 lawsuit by the SEC accusing Mudd of misleading investors about Fannie Mae's exposure to risky mortgages before the crisis. Mudd was the last of six executives at mortgage funding giants Fannie Mae and Freddie Mac sued by the SEC in 2011 to reach a...

  • The relatively small settlement, disclosed in papers filed in federal court in Manhattan, resolves a 2011 lawsuit by the SEC accusing Mudd of misleading investors about Fannie Mae's exposure to risky mortgages before the crisis. Mudd was the last of six executives at mortgage funding giants Fannie Mae and Freddie Mac sued by the SEC in 2011 to reach a...

  • FORMER FANNIE MAE CEO DANIEL MUDD SETTLES LAWSUIT BY U.S.

  • *Former boss Fred Goodwin may be called as defense witness. The meeting at The Grove, an 18- century estate near London that served as the secret World War Two HQ for Britain's biggest railway company, was convened to persuade investors to drop claims they were misled into stumping up 12 billion pounds just a few months before the bank's bailout in 2008..