Judge in New York Fraud Trial Orders Independent Monitoring of Trump Organization November 4, 2022 By Karen Freifeld and Jonathan Stempel A New York judge on Thursday ordered that an independent watchdog be appointed to oversee the Trump Organization before a...
Geico Faces California Class Action Claiming it Overcharged for Car Insurance November 1, 2022 By Jonathan Stempel A federal judge on Monday said a lawsuit accusing Geico Corp. of overcharging more than 2 million California policyholders on...
Wells Fargo Says SEC Is Examining its Hiring Practices November 1, 2022 By Jonathan Stempel Wells Fargo & Co said on Monday that the U.S. Securities and Exchange Commission has begun investigating its hiring practices,...
Peloton, Lululemon Settle Lawsuit Over Women’s Apparel Line October 3, 2022 By Jonathan Stempel Peloton Interactive Inc. has reached a settlement of a lawsuit in which Lululemon Athletica Inc. accused the exercise bike maker...
Eli Lilly Sued for Age Discrimination by EEOC September 27, 2022 By Jonathan Stempel Eli Lilly and Co was sued on Monday by the U.S. Equal Employment Opportunity Commission, which accused the drugmaker of...
Deutsche Bank in $26.3M Shareholder Settlement Over Epstein, Russian Oligarch Ties September 26, 2022 By Jonathan Stempel Deutsche Bank AG agreed to pay $26.25 million to settle a U.S. shareholder lawsuit accusing the German bank of lax...
McDonald’s Ordered to Face Byron Allen’s $10B Discrimination Lawsuit September 21, 2022 By Jonathan Stempel McDonald’s Corp. has been ordered by a U.S. judge to defend against media entrepreneur Byron Allen’s $10 billion lawsuit accusing...
Tesla Sued by Drivers Over Alleged False Autopilot, Full Self-Driving Claims September 15, 2022 By Jonathan Stempel Tesla Inc. was sued on Wednesday in a proposed class action accusing Elon Musk’s electric car company of misleading the...
Citigroup Wins Appeal Over Mistaken Revlon Wire Transfer September 12, 2022 By Jonathan Stempel Citigroup Inc. is entitled to recoup about $500 million of its own money that it accidentally wired Revlon Inc. lenders...
Toyota Reaches Potential $150M Settlement Over Fuel Pump Recalls September 9, 2022 By Jonathan Stempel Toyota Motor Corp. reached a settlement potentially worth $150 million to resolve U.S. class-action litigation tied to recalls of about...