Law Lawsuits

  • Volkswagen

    The SEC alleged in a court filing that Volkswagen "perpetrated a massive fraud" and repeatedly lied to U.S. investors in connection with the so-called dieselgate scandal.

  • NEW YORK, March 14- Retailer Rent-A-Center Inc was within its rights to back out of a $1.36 billion merger deal with private equity firm Vintage Capital Management last year, a Delaware state court ruled Thursday. Vice Chancellor Sam Glasscock III of the Delaware Chancery Court said that Vintage's failure to inform Rent-A-Center that it was extending the...

  • NEW YORK, March 14- Retailer Rent-A-Center Inc was within its rights to back out of a $1.36 billion merger deal with private equity firm Vintage Capital Management last year, a Delaware state court ruled Thursday. Vice Chancellor Sam Glasscock III of the Delaware Chancery Court said that Vintage's failure to inform Rent-A-Center that it was extending the...

  • WASHINGTON, March 14- Volkswagen AG said the U.S. Securities and Exchange Commission may bring an enforcement action over the automaker's diesel emissions scandal, the latest fallout from the cheating known as "Dieselgate." Volkswagen has agreed to pay more than $25 billion in the United States for claims from owners, environmental regulators, states and...

  • In this photo illustration, a container of Johnson's baby powder made by Johnson and Johnson sits on a table in San Francisco, California.

    A California jury on Wednesday ordered Johnson & Johnson to pay $29 million to a woman who alleged that asbestos in the company's talcum-powder-based products, including Johnson's Baby Powder, caused her mesothelioma.

  • DUBAI/ ABU DHABI, March 14- Abu Dhabi state investor Mubadala has suspended any new business dealings with Goldman Sachs since its subsidiary filed a lawsuit in November against the U.S. bank and others to recover losses suffered through its dealings with Malaysian state fund 1 MDB. Over the last few years, New York- based Goldman has ranked among the top banks for...

  • In this photo illustration, a container of Johnson's baby powder made by Johnson and Johnson sits on a table in San Francisco, California.

    A California jury on Wednesday ordered Johnson & Johnson to pay $29 million to a woman who alleged that asbestos in the company's talcum-powder-based products, including Johnson's Baby Powder, caused her mesothelioma.

  • TAIPEI, March 12- Taiwan's Foxconn on Tuesday responded to a patent infringement lawsuit filed against it by Microsoft Corp, saying as a contract manufacturer, it has never needed to pay royalties for the U.S. company's software. Microsoft filed the complaint against Foxconn subsidiary FIH Mobile Ltd in the Northern District of California on Friday.

  • A Microsoft logo is seen during the 2015 Microsoft Build Conference on April 29, 2015 at Moscone Center in San Francisco, California.

    Taiwan's Foxconn responded to a patent infringement lawsuit filed against it by Microsoft, saying as a contract manufacturer it has never needed to pay royalties for the U.S. giant's software.

  • TAIPEI, March 12- Taiwan's Foxconn on Tuesday responded to a patent infringement lawsuit filed against it by Microsoft Corp, saying as a contract manufacturer, it has never needed to pay royalties for the U.S. giant's software. Microsoft filed the complaint against Foxconn subsidiary FIH Mobile Ltd in the Northern District of California on Friday.

  • "This contempt action, following Musk's sincerely-held criticism of the SEC on 60 Minutes, also reflects concerning and unprecedented overreach on the part of the SEC," the filing added. The settlement between Musk, Tesla and the SEC resolved an SEC lawsuit over claims Musk made on Twitter in August that he had "funding secured" to take Tesla private at $420 per...

  • LONDON, March 11- The former CEO of Olympus, who blew the whistle on a $1.7 billion accounting scandal at the Japanese medical equipment maker in 2011, has won a London court battle over alleged wrongdoing linked to his 64- million-pound pension. Olympus's British subsidiary KeyMed sued Michael Woodford and former company director Paul Hillman in 2016,...

  • The Visitor's Center at Microsoft Headquarters campus in Redmond, Wash.

    Tech giant Microsoft is taking legal action against Foxconn parent Hon Hai, after the Taiwanese consumer-electronics manufacturer allegedly failed to comply with a patent-licensing agreement from 2013.

  • March 8- OxyContin maker Purdue Pharma LP and two other drugmakers on Friday lost a bid to delay a landmark trial set for May in a multibillion-dollar lawsuit by Oklahoma's attorney general accusing them of helping fuel an opioid abuse and overdose epidemic in the state. Cleveland County District Judge Thad Balkman's decision was a win for the state, even as one...

  • March 8- OxyContin maker Purdue Pharma LP and two other drugmakers on Friday lost a bid to delay a landmark trial set for May in a lawsuit by Oklahoma's attorney general accusing them of helping fuel an opioid abuse and overdose epidemic in the state. Cleveland County District Judge Thad Balkman's decision was a win for the state, even as one of its lawyers said...

  • United States forward Tobin Heath (17) and forward Alex Morgan (13) and forward Mallory Pugh (11) celebrate after a goal during the first half against Brazil during a She Believes Cup women's soccer match at Raymond James Stadium, March 5, 2019.

    More than two dozen top women's soccer players sued the U.S. national soccer federation on Friday, claiming the organization pays them less than male players and denies them equal training, travel and playing conditions.

  • Michael Cohen, US President Donald Trump's former personal attorney, arrives to testify in a closed session before the House Intelligence Committee at the US Capitol in Washington, DC on March 6, 2019.

    Cohen and the Trump Org had a "contractual agreement" to repay Cohen for work "with and on behalf of" company officials, the filing says.

  • Craftsman tools

    Sears is back into court, less than one month after emerging from bankruptcy protection.

  • Glen Nager, lead counsel for Huawei, says the U.S. law that bans government agencies from buying the Chinese technology giant's equipment is "unconstitutional." He says the law is "hurting" Huawei's customers, and the company wants to "cooperate" with America to bring its products back into the country.

  • HONG KONG, March 7- Chinese telecoms equipment maker Huawei Technologies Co Ltd on Thursday said it is suing the U.S. government over a section of a defense bill passed into law last year that restricted its business in the United States. Huawei in a statement said it has filed a complaint in a U.S. district court in Texas challenging its addition to the U.S.