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Law Lawsuits

  • People walk between buildings on the Yahoo headquarters corporate campus in Sunnyvale, California.

    Yahoo owes $5.5 million for backing out of a contract to pay $1 billion for predicting every winner in the 2014 NCAA men's basketball tournament.

  • CONCORD, N.H.— New Hampshire will be getting $1 million from EpiPen maker Mylan as part of a national settlement. The company this week finalized a $465 million federal agreement settling allegations it overbilled Medicaid for its emergency allergy injectors for a decade— charges brought after rival Sanofi filed a whistleblower lawsuit and tipped off the...

  • BOSTON, Aug 18- Insys Therapeutics Inc has agreed to pay $4.45 million to resolve a lawsuit by Illinois' attorney general claiming it deceptively marketed an addictive fentanyl-based cancer pain drug for off-label uses. The settlement, announced by Illinois Attorney General Lisa Madigan on Friday, will resolve claims that Insys illegally marketed its...

  • DOVER, Del.— A Delaware judge has dismissed a class-action lawsuit filed by former stockholders of Martha Stewart Living Omnimedia over the company's 2015 acquisition by Sequential Brands. The judge said Friday that Stewart was entitled to the deference given to corporate leaders under Delaware's "business judgment" rule. The judge said that the...

  • Aug 18- Insys Therapeutics Inc has agreed to pay $4.5 million to resolve a lawsuit by Illinois' attorney general claiming it deceptively marketed a highly addictive fentanyl-based cancer pain drug for off-label uses.

  • SAN FRANCISCO— Former Uber CEO Travis Kalanick is skewering a lawsuit filed by a former ally, describing it as a malicious attempt to sever his remaining ties to the widely used ride-hailing service that he co-founded. Kalanick lashed out in legal documents filed late Thursday in response to a Delaware Chancery Court lawsuit filed against Uber last week by one...

  • NEW YORK, Aug 18- The top U.S. securities regulator on Friday dropped its civil lawsuit accusing two former JPMorgan Chase& Co traders of trying to hide some of the bank's $6.2 billion of losses tied to the 2012 "London Whale" scandal. The decision by the U.S. Securities and Exchange Commission to dismiss charges against Javier Martin-Artajo and Julien Grout came...

  • Poland Spring Water is committing 'colossal fraud,' lawsuit says

    The class-action lawsuit claims that parent company Nestle Waters North America is bottling common groundwater that doesn't meet the federal definition of spring water.

  • Packaged bottles of Poland Spring water on a conveyer belt.

    A lawsuit claims Poland Spring Water doesn't meet the federal definition of spring water.

  • Aug 18- Nestle SA on Friday paddled back claims in a new lawsuit in which Atari SA accused the Swiss food company of pilfering its classic 1970 s video game "Breakout" to help sell Kit Kat chocolate-covered wafer bars. Nestle damaged Atari's goodwill and reputation on Facebook, Twitter and television by exploiting the name, look and feel of "Breakout," it said in a...

  • SAN FRANCISCO, Aug 17- The ousted chief executive of Uber Technologies Inc rejected a lawsuit filed against him by one of the company's top investors as a "public and personal attack" without merit, according to court documents filed late on Thursday. Venture capital firm Benchmark Capital, which says it owns 13 percent of Uber and controls 20 percent of the voting...

  • SAN FRANCISCO, Aug 17- The ousted chief executive of Uber Technologies Inc called a lawsuit filed against him by one of the company's top investors a "public and personal attack" without merit, according to court documents filed late on Thursday. Venture capital firm Benchmark Capital, which says it owns 13 percent of Uber and controls 20 percent of the voting...

  • SAN FRANCISCO, Aug 17- The ousted chief executive officer of Uber Technologies Inc called a lawsuit filed against him by one of the company's top investors a "public and personal attack" without merit, according to court documents filed late on Thursday. Venture capital firm Benchmark Capital, which says it owns 13 percent of Uber and controls 20 percent of the...

  • NEW YORK— Federal regulators have proposed a $183.3 million settlement with a student loan company that authorities allege engaged in predatory lending practices. The Consumer Financial Protection Bureau filed a lawsuit and settlement against Aequitas Capital Management, a private equity fund that purchased or funded $230 million in loans to students...

  • NEW YORK, Aug 17- Deutsche Bank AG and Bank of America Corp agreed to pay a combined $65.5 million to settle investor litigation accusing large banks of rigging the roughly $9 trillion government agency bond market over a decade. Preliminary settlements totaling $48.5 million for Deutsche Bank and $17 million for Bank of America were filed on Thursday with the...

  • A lawsuit claims that Poland Spring Water is deceiving consumers with evergreen labels that say their bottle contains "100 percent natural spring water" that hails from Maine. The class-action lawsuit filed Tuesday in federal court in Connecticut claims that parent company Nestle Waters North America is bottling common groundwater that doesn't meet the...

  • SCRANTON, Pa.— A Pennsylvania eatery that was sued by a New York City steakhouse for trademark infringement has agreed to change its name. Owner Robert Dickert will change the name of Scranton's Carl von Luger Steak& Seafood to Carl's Prime. The Wilkes-Barre Citizens' Voice reports the change is the key point in settling the suit filed by Peter Luger Inc., the owner...

  • NEW YORK, Aug 17- Uber Technologies Inc on Thursday won a victory in its effort to keep unhappy customers from suing in court, persuading a federal appeals court to send a Connecticut passenger's price-fixing case into arbitration. Overturning a lower court ruling, the 2nd U.S. Circuit Court of Appeals in Manhattan said Uber and former Chief Executive Officer...

  • NEW YORK, Aug 17- In a blow to people suing General Motors Co over faulty ignition switches and other alleged vehicle defects, a trust that holds many GM liabilities from before its 2009 bankruptcy has canceled a settlement that sought to force the automaker to pay $1 billion in shares to resolve millions of claims. The settlement, first disclosed at a court...

  • NEW YORK, Aug 17- A U.S. appeals court on Thursday ruled in favor of Uber Technologies Inc in a closely watched lawsuit over whether passengers gave up their right to sue the ride-sharing company when they registered for its service. The 2nd U.S. Circuit Court of Appeals in Manhattan vacated a lower court order that denied motions by Uber and former Chief Executive...