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Law Lawsuits

  • WASHINGTON, Sept 26- The U.S. Justice Department has filed an antitrust lawsuit against Parker-Hannifin with a goal of un-doing its merger with Clarcor Inc, a source familiar with the situation said on Tuesday.

  • Gillette filed its latest lawsuit against Edgewell Personal Care Co roughly six months after slashing razor prices an average of 12 percent to keep rivals such as Schick, Harry's and Dollar Shave Club from cutting into its still-dominant market share for men's razors and blades. P&G said it also filed a complaint with the U.S. International Trade Commission...

  • Gillette filed its latest lawsuit against Edgewell Personal Care Co roughly six months after slashing razor prices an average of 12 percent to keep rivals such as Schick, Harry's and Dollar Shave Club from cutting into its still-dominant market share for men's razors and blades. P&G said it also filed a complaint with the U.S. International Trade Commission...

  • Don't want to divide economic consequence from decision making: Attorney Stuart Grant

    Facebook Shareholder Attorney Stuart Grant, Grant & Eisenhofer Partner, discusses the lawsuit from shareholders in the tech giant about the now-scrapped plan to issue non-voting shares.

  • WILMINGTON, Del., Sept 22- Facebook Inc Chairman Mark Zuckerberg abandoned plans on Friday to create a new class of company stock with no voting power, which was meant to be a way for Zuckerberg to retain control over the company he founded while fulfilling a pledge to give away his wealth. In December 2015 Zuckerberg and his wife, Priscilla Chan, a pediatrician,...

  • WILMINGTON, Del., Sept 22- Facebook Inc's trial over a shareholder lawsuit opposing the company's stock reclassification has been canceled, according to a clerk in Delaware's Court of Chancery. The reason for the cancellation was not known. Facebook founder Mark Zuckerberg was scheduled to testify at the trial, which was to kick off on Tuesday.

  • Facebook CEO Mark Zuckerberg delivers the keynote address at the 2017 Facebook's F8 Developer Conference

    Under the plan to reclassify shares Zuckerberg would be able to retain voting control of Facebook while being able to lessen his stake in the company.

  • Patent Trial and Appeal Board, the Saint Regis Mohawk Tribe asked that Mylan's case seeking to invalidate Allergan's patents on dry-eye medicine Restasis be thrown out on the grounds that the board has no jurisdiction over the tribe. In its court filing on Friday, the tribe said it is sovereign government that cannot face litigation in an administrative court...

  • Facebook settles suit over share class structure

    CNBC's Leslie Picker reports that Facebook has settled a lawsuit over planning to issue class-C shares.

  • The RBoS Shareholders Action Group, whose members once topped 27,000, is one of five claimant groups that alleged investors were misled about the bank's financial strength when they bought shares at 200- 230 pence. In a letter dated June 15 to one of its members, the Action Group board explained that it had used its delegated authority to accept RBS's final 82 p...

  • Gatorade pays California $300,000

    Just because drought-ravaged California has spent years urging residents to conserve water doesn't mean it wants people to actually stop drinking the stuff.

  • C.J. Wilson #98, T.J. Lang #70 and Ryan Pickett #79 of the Green Bay Packers dump Gatorade on head coach Mike McCarthy after they defeated the Pittsburgh Steelers 31 to 25 in Super Bowl XLV at Cowboys Stadium on February 6, 2011 in Arlington, Texas.

    Just because drought-ravaged California has spent years urging residents to conserve water doesn't mean it wants people to actually stop drinking the stuff.

  • HOUSTON, Sept 20- Air monitoring company Bureau Veritas SA has been added to a negligence suit, lawyers for Texas police and emergency workers said on Wednesday, after the first responders alleged they inhaled dangerous fumes during a fire at a chemical plant. The suit, filed in Harris County District Court, seeks at least $75,000 for injuries caused by the...

  • Sept 20- Drugmaker Pfizer Inc on Wednesday filed a lawsuit against Johnson& Johnson, saying its rival's contracts with health insurers for blockbuster rheumatoid arthritis drug, Remicade, were anticompetitive and blocked sales of Pfizer's new biosimilar. "To date Pfizer has failed to demonstrate sufficient value to patients, providers, payers and employers,"...

  • SAN FRANCISCO, Sept 20- Alphabet Inc's Waymo unit is seeking about $2.6 billion from Uber for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars, a lawyer for Uber said on Wednesday. Uber Technologies Inc attorney Bill Carmody disclosed the figure in a hearing in federal court in San Francisco, where both companies are...

  • SAN FRANCISCO, Sept 20- An Uber lawyer on Wednesday said Alphabet Inc's Waymo unit is seeking about $2.6 billion for the alleged theft of one of several trade secrets in a lawsuit over self-driving cars. Uber Technologies Inc attorney Bill Carmody disclosed the figure in a hearing in federal court in San Francisco, where both companies are discussing whether a...

  • Sept 20- Drugmaker Pfizer Inc on Wednesday filed a lawsuit against Johnson& Johnson, saying its rival's contracts with health insurers for blockbuster rheumatoid arthritis drug, Remicade, were anticompetitive and blocked sales of Pfizer's new biosimilar. The contracts with insurers- including UnitedHealth Group, Anthem Inc, Aetna Inc and Cigna Corp- covered...

  • Sept 20- Drugmaker Pfizer Inc on Wednesday filed a lawsuit against Johnson& Johnson, saying its rival's contracts with health insurers for blockbuster rheumatoid arthritis drug, Remicade, were anticompetitive and blocked sales of Pfizer's new biosimilar. The contracts with insurers including UnitedHealth Group, Anthem Inc., Aetna Inc and Cigna Corp.,...

  • Sept 20- Pfizer Inc on Wednesday filed a lawsuit against Johnson& Johnson, saying that the drugmaker's anticompetitive contracts with health insurers prevented biosimilar competition to its blockbuster rheumatoid arthritis drug, Remicade. Remicade generated U.S. sales of $4.8 billion in 2016.. The case was filed in the U.S. District Court for the Eastern...

  • Sept 19- Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax Inc following a breach that exposed the personal data of up to 143 million people, including 3 million in the state. Senator Elizabeth Warren, a Massachusetts Democrat, called the breach a "nightmare" and said credit reporting companies should...