×

Commercial and Professional Services Professional Services

  • NEW YORK— Equifax faces new lawsuits and is trying to make new gestures to customers in the wake of its disclosure last week that it exposed vital data like Social Security numbers of about 143 million Americans. Several law firms have already announced lawsuits against Equifax, and are all seeking to become class-action cases. Some state authorities have...

  • "I didn't see an outright,' bitcoin, we hate it, we won't do it,"' said Kathleen Moriarty, a partner at law firm Arnold& Porter Kaye Scholer who helped develop the first U.S. "It was more,' it's bitcoin, it's still a little funky, let's wait,"' she said at an ETF event in Washington DC hosted by the SEC and New York University. The SEC in July deemed tokens issued through ICOs, which have...

  • Sept 11- More than 30 lawsuits have been filed in the United States against Equifax Inc after the credit reporting company said thieves may have stolen personal information for 143 million Americans in one of the largest hackings ever. It has set up procedures that it says are intended to help people protect their Social Security numbers and other identifying...

  • BRASILIA, Sept 10- Brazil Supreme Court Justice Edson Fachin ordered on Sunday the arrest of billionaire Joesley Batista, one of the owners of the world`s largest meatpackers, JBS SA, and one of his executives, a person with knowledge of the matter said. Fachin agreed to a request by Brazil's Prosecutor-General Rodrigo Janot, who revoked benefits granted by a plea...

  • "Damages to the class are limited only to the imagination of thieves," John Yanchunis, a lawyer at Morgan& Morgan who filed one of the lawsuits, in Atlanta federal court, said in an interview on Friday. The lawsuits were filed on behalf of consumers accusing Equifax of negligence, or willful misconduct, in failing to properly safeguard Social Security and driver's...

  • NEW YORK, Sept 6- Toys "R" Us Inc has hired law firm Kirkland& Ellis LLP to help weigh restructuring options ranging from a bankruptcy filing to raising financing as bricks and mortar retail goes through a major downturn, according to a person familiar with the matter. The privately held toy retailer had previously said it was working with investment bank Lazard Ltd...

  • SAO PAULO, Sept 6- A Brazilian association representing chicken and pork producers said on Wednesday it named two legal firms to fight an anti-dumping claim made by China in August against Brazilian chicken imports. ABPA, as the association is known, said it hired MPA Trade Law, in Brazil, and Hylands Law, in China, to defend it in the case. Brazilian food processors...

  • President Donald Trump's approval for its proposed $1.3 billion sale to China-backed Canyon Bridge Capital Partners, Lattice said on Friday, gambling that the former real estate dealmaker will approve the tie-up against the advice of U.S. national security officials. It will be the first such deal to hit Trump's desk and only the fourth time in three decades...

  • President Donald Trump's approval for its proposed $1.3 billion sale to China-backed Canyon Bridge Capital Partners, Lattice said on Friday, gambling that the former real estate dealmaker will approve the tie-up against the advice of U.S. national security officials. It will be the first such deal to hit Trump's desk and only the fourth time in three decades...

  • Sept 1- A China- backed private equity fund will seek U.S. Buyout firm Canyon Bridge Capital Partners' decision, first reported by Reuters earlier on Friday, comes after it spent eight months trying unsuccessfully to persuade the Committee on Foreign Investment in the United States, a U.S. government panel which scrutinizes deals for potential national...

  • Sept 1- A China- backed private equity fund will seek U.S. Buyout firm Canyon Bridge Capital Partners' decision comes after it spent eight months trying unsuccessfully to persuade the Committee on Foreign Investment in the United States, a U.S. government panel which scrutinizes deals for potential national security threats, to clear the Lattice deal.

  • BOSTON, Aug 31- A dual citizen of China and Canada has been arrested and charged with trying to steal trade secrets from a Massachusetts- based manufacturer of robotic surgical products by trespassing at its headquarters. Dong Liu, who authorities say claimed to be a patent lawyer with a Beijing- based law firm when he was questioned about what he was doing at...

  • BOSTON, Aug 31- A dual citizen of China and Canada has been arrested and charged with trying to steal trade secrets from a Massachusetts- based manufacturer of robotic surgical products by trespassing at its headquarters. Dong Liu, who authorities say claimed to be a patent lawyer with a Beijing- based law firm when he was questioned about what he was doing at...

  • ZURICH, Aug 29- Lawyers for former Georgia Prime Minister Bidzina Ivanishvili said on Tuesday they are suing Credit Suisse in Singapore, New Zealand and Bermuda, alleging failings at the bank led to fraudulent mismanagement and substantial losses. "During this period, the accounts were managed by the bank for trusts which Credit Suisse had established in...

  • BEIJING, Aug 23- A Chinese court has ordered three domestic shoemakers to pay more than 10 million yuan to New Balance in damages for infringing the U.S. sportswear company's signature slanting logo. The amount of compensation, though small by international standards, is according to lawyers one of the highest to be awarded to foreign companies in trademark...

  • More than 200 shareholder class action lawsuits are filed every year in the United States, typically alleging that misleading statements and omissions in market disclosures have caused a firm's share price to drop, according to statistics compiled from court filings by the Stanford Law School Securities Class Action Clearinghouse.

  • SYDNEY, Aug 23- A law firm threatened on Wednesday to file a class action suit against Commonwealth Bank of Australia for allegedly failing to disclose that it was facing money-laundering charges, in the latest headache for Australia's biggest listed company. The claim could amount to billions of dollars based on the A $7.9 billion wiped from CBA's market...

  • Aug 22- Energy Transfer Partners LP on Tuesday sued Greenpeace and other environmental groups, accusing them of launching an "eco-terrorism" campaign aimed at blocking the Dakota Access Pipeline, the center of months of opposition by Native American and green groups. The pipeline operator said Greenpeace, Earth First and other organizations engaged in "acts...

  • 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...

  • Rebecca Allen in the lawsuit filed in federal court in Manhattan said Goldman's virtually all-white senior leadership team favors white bankers for promotions and lucrative accounts, so they earn more than black coworkers. Allen, who was hired in 2012, said that last year she was removed from an account she had worked on for three years by a Goldman partner,...