May 17, 2017
The City of Philadelphia sued Wells Fargo & Co. on Monday, accusing the largest U.S. mortgage lender of predatory lending, which violates the federal Fair Housing Act. The lawsuit came two weeks after the U.S. Supreme Court, in a case …
May 11, 2017
Lawyers for Donald Trump on Wednesday said the U.S. president has “absolute immunity” from a lawsuit by owners of the Cork Wine Bar in Washington, D.C., who claim that his ownership of a nearby hotel constitutes unfair competition. Trump’s lawyers, …
May 10, 2017
A federal appeals court threw out a ruling that the U.S. government illegally bailed out insurer American International Group Inc. during the 2008 financial crisis, in a defeat for former chief executive officer Maurice “Hank” Greenberg. The Federal Circuit Court …
May 10, 2017
It has been decades since anyone thought of Warren Buffett’s Berkshire Hathaway Inc., or even its insurance operations, as “very, very small.” But that’s how a senior executive describes biBERK, a unit that lets owners of small businesses shop online …
May 9, 2017
A federal appeals court threw out a ruling that the U.S. government illegally bailed out insurer American International Group Inc. during the 2008 financial crisis, in a defeat for former chief executive officer Maurice “Hank” Greenberg. The Federal Circuit Court …
April 27, 2017
JPMorgan Chase & Co. is not liable to a group of former customers of Bernard Madoff who blamed the bank for being actively involved in his Ponzi scheme and ignoring red flags of fraud, a federal appeals court ruled on …
April 13, 2017
Lawyers for the passenger dragged from a United Airlines plane in Chicago filed an emergency request with an Illinois state court on Wednesday to require the carrier to preserve video recordings and other evidence related to the incident. Citing the …
April 13, 2017
A federal judge on Wednesday rejected Goldman Sachs Group Inc.’s bid to dismiss two of the four female plaintiffs in a proposed class-action lawsuit accusing the bank of discriminating against women in pay and promotions. U.S. District Judge Analisa Torres …
April 7, 2017
An insurance unit of Warren Buffett’s conglomerate Berkshire Hathaway Inc. said it has sued Goodyear Tire & Rubber Co to avoid having to cover asbestos-related injury claims that Goodyear said nothing about for seven years. Berkshire Hathaway Specialty Insurance Co. …
April 3, 2017
A federal appeals court on Friday said Home Depot Inc. must face a lawsuit claiming that the retailer’s negligence led to a supervisor’s murdering a pregnant employee by strangulation and raping her corpse. Reversing a lower court ruling, the 7th …