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Law Lawsuits

  • March 24- A U.S. appeals court in New York on Friday weighed arguments over whether Uber Technologies Inc customers gave up their right to sue the company when they registered for its popular taxi hailing service. Theodore Boutrous, arguing for Uber, urged the three-judge 2nd U.S. Circuit Court of Appeals panel to send a class action lawsuit by Connecticut Uber...

  • People walk past an office building of health insurer Anthem in Los Angeles.

    Judge Edgardo Ramos in Manhattan dismissed Express Scripts' claim that Anthem breached an implied covenant of good faith and fair dealing.

  • Theranos' found is giving away shares to avoid lawsuits

    Elizabeth Holmes is reportedly giving out personal shares to investors who promise not to sue the company.

  • District Judge Paul Oetken in Manhattan said the IRS was immune from damages claims for its alleged "deceit" or "misrepresentation" toward Sprint's former chief executive William Esrey and former chief operating officer Ronald LeMay. The plaintiffs said the IRS helped Ernst& Young, which was their tax advisor and sold them the shelters, hide key details about...

  • SSL, a subsidiary of Canada- based MacDonald, Dettwiler and Associates Ltd., said it was informed of the data breach by NASA in December 2016. Orbital acknowledged the unauthorized access of SSLs data and fired the employee, but did not respond to questions about the scope of the breach or about five other Orbital employees whom NASA said may have read the SSL...

  • Jon Corzine, former chairman of MF Global Holdings Ltd., exits district court in New York, on Thursday, March 9, 2017.

    The last big legal battle around the demise of the failed brokerage has finally been put to rest.

  • SSL, a subsidiary of Canada- based MacDonald, Dettwiler and Associates Ltd., said it was informed of the data breach by NASA in December 2016. Orbital acknowledged the unauthorized access of SSLs data and fired the employee, but did not respond to questions about the scope of the breach or about five other Orbital employees whom NASA said may have read the SSL...

  • NEW YORK, March 23- PricewaterhouseCoopers LLP has settled a $3 billion negligence lawsuit over the October 2011 collapse of MF Global Holdings Ltd, the futures and commodities brokerage once run by former New Jersey governor Jon Corzine. It also ends a trial that began on March 7 in the U.S. District Court in Manhattan, where several witnesses including Corzine...

  • NEW YORK, March 23- PricewaterhouseCoopers LLP has settled a $3 billion lawsuit in which the bankruptcy administrator of MF Global Holdings Ltd accused the auditor of malpractice that led to the collapse of the brokerage run by former New Jersey governor Jon Corzine. Terms were not disclosed, but the case was "settled to the mutual satisfaction of the parties,"...

  • Former chairman and CEO of MF Global and former New Jersey Governor Jon Corzine testifies during a hearing before the Oversight and Investigations Subcommittee of the House Financial Services Committee December 15, 2011 on Capitol Hill in Washington, DC.

    Bankrupt MF Global and auditor PriceWaterhouse Coopers have settled their malpractice case, reports "Squawk Box's" Becky Quick.

  • WASHINGTON— President Donald Trump is taking credit for persuading TransCanada Corp. to withdraw a hefty lawsuit against the U.S. government over the previous administration's rejection of the Keystone XL pipeline. TRUMP: The president said he talked Tuesday morning with his chief economic adviser, Gary Cohn, and asked him about the TransCanada dispute.

  • In a 3-0 decision, the 3rd U.S. Circuit Court of Appeals in Philadelphia said the plaintiffs may proceed to trial on their failure-to-warn claims, and a lower court judge erred in finding the claims pre-empted by federal law. The Kenilworth, New Jersey- based company changed the label four months after an outside task force hired by the U.S. Food and Drug...

  • March 22- The U.S. Supreme Court on Wednesday ruled that basic elements in cheerleader uniform designs merit copyright protection, handing a victory to the top American maker of the garments in a decision with serious implications for the fashion industry. The justices ruled 6-2 to uphold a lower court's 2015 ruling allowing a lawsuit by Varsity Brands Inc, the...

  • March 21- A U.S. Supreme Court ruling on Tuesday in a lawsuit over adult diapers will make it more difficult for companies accused of patent infringement to shoot down lawsuits because the plaintiffs waited too long to bring them. In a 7-1 decision, the justices said SCA Hygiene Products AB, based in Stockholm, did not unreasonably delay in filing a lawsuit...

  • NEW YORK, March 21- A federal judge on Tuesday said investors seeking to hold Deutsche Bank AG liable for causing $3.1 billion of losses by failing to properly monitor 10 trusts backed by toxic residential mortgages cannot pursue their claims as a group. District Judge Alison Nathan in Manhattan said Belgium's Royal Park Investments SA/ NV failed to show it was...

  • DALLAS— Neiman Marcus Group Ltd. has agreed to pay $1.6 million to settle a class-action lawsuit over a 2013 security breach that exposed the credit and debit card data of about 350,000 shoppers. Court documents show the Dallas- based luxury retailer filed the settlement agreement Friday seeking approval from a federal judge in Chicago, where the lawsuit was...

  • March 21- Walt Disney Co was sued on Tuesday by a longtime Hollywood screenwriter and producer who accused the studio of copying its blockbuster, Oscar-winning animated film "Zootopia" from his work without permission. Gary Goldman, whose credits include the Arnold Schwarzenegger film "Total Recall" and Tom Cruise film "Minority Report," filed his copyright...

  • BOSTON, March 21- Sanofi SA and Regeneron Pharmaceuticals Inc have filed a lawsuit seeking a court order declaring that their eczema drug Dupixent, awaiting a U.S. approval decision, does not infringe an Amgen Inc patent for a failed asthma treatment. The lawsuit, filed in federal court in Boston on Monday, was intended to preempt one expected to be brought by Amgen,...

  • BOSTON, March 21- Sanofi SA and Regeneron Pharmaceuticals Inc filed a lawsuit seeking a court order declaring that their eczema drug Dupixent, awaiting a U.S. approval decision, does not infringe an Amgen Inc patent for a failed asthma treatment. Sanofi and Regeneron argue they have spent hundreds of millions of dollars developing Dupixent, which earned...

  • WASHINGTON— The Supreme Court suggested Tuesday that it is sympathetic to Microsoft Corp. in a dispute with disgruntled owners of the Xbox 360 video-game system who sued saying the console has a design defect that scratches game discs. The justices heard arguments Tuesday in a case that involves the Xbox 360 owners' attempts to get class action status for...