Victims of Allen Stanford’s estimated $7 billion Ponzi scheme won a victory when a federal appeals court said they may pursue class-action litigation against third parties they believe aided in the now-convicted swindler’s fraud. The 5th U.S. Circuit Court of …
Berkshire Hathaway won dismissal on Monday of a shareholder lawsuit that stemmed from allegations former executive David Sokol profited by violating the company’s insider trading policy. Shareholders sued the conglomerate’s board for refusing to take legal action against Sokol, a …
Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. acquired Stone, Harris & Stone, a division of Brown and Brown. Stone, Harris & Stone has provided commercial and personal insurance services to the greater Los Angeles area since 1925. “Stone, …
The Insurance Center of New England, an independent agency headquartered in Massachusetts, promoted William Trudeau to the position of president and CEO.Dean Florian, who has been serving as the firm’s president, has assumed the role of chairman of the board …
A former Long Beach, California fire captain convicted of drunk driving has been sentenced to four years in state prison for violating his probation terms by making alcohol in jail. John Hines was ordered to serve the sentence Friday. The …
The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Houston-based IFCO Systems North America Inc. with 10 serious, three repeat and six other-than-serious violations for exposing workers to safety and health violations at its facility on Tacco …
Angeline Chilton says she can’t drive unless she smokes pot. The suburban Denver woman uses medical marijuana to ease multiple sclerosis symptoms and says she’d never get behind the wheel right after smoking. But her case underscores a problem that …
Following a trail blazed by Indians and pioneers in covered wagons, electric car drivers hit the road Friday to inaugurate the first major section of a West Coast “Electric Highway” dotted with stations where they can charge up in 20 …
A judge approved a settlement Friday to give owners of Honda Civic hybrids up to $200 each over claims that the fuel economy of the cars was inflated, casting aside arguments that a motorist’s victory in small claims court entitled …
The owners of the cash-strapped New York Mets baseball team agreed to pay $162 million to settle a lawsuit by the trustee seeking money for the victims of Bernard Madoff’s fraud, averting a potentially embarrassing trial. The pact was announced …
