January 10, 2017
Jon Corzine, former New Jersey governor and Goldman Sachs co-chairman, will pay a $5 million civil fine to settle a U.S. regulator’s lawsuit over the 2011 collapse of his commodity brokerage, MF Global Holdings Ltd. Thursday’s accord with the U.S. …
January 6, 2017
Coca-Cola Co. and the American Beverage Association trade group were sued on Wednesday for allegedly misleading consumers about the health risks from consuming sugary beverages. The nonprofit Praxis Project accused the defendants of downplaying the risks to boost sales, despite …
December 29, 2016
United Continental Holdings Inc. will install new conveyor belts and take other steps to improve worker safety at its Newark Liberty International Airport hub in New Jersey, after federal inspectors found hazardous conditions in its baggage handling operations there. The …
November 30, 2016
A former Citigroup Inc. financial adviser on Monday filed a lawsuit accusing the bank of running a “boys’ club” that favored men over women, treating her as a “glorified secretary,” and firing her in retaliation for whistleblowing activity. Erin Daly …
November 30, 2016
Sirius XM Holdings Inc. may pay close to $100 million after settling a copyright lawsuit brought by founding members of the 1960s band The Turtles over the satellite radio company’s broadcast of songs made before 1972. Terms of the proposed …
November 28, 2016
Wells Fargo & Co. faces a new U.S. lawsuit claiming that it funneled more than $3 billion of employee retirement savings into expensive, underperforming proprietary mutual funds to enrich itself. The proposed class-action lawsuit, filed Nov. 22 in federal court …
November 18, 2016
A U.S. judge has dismissed a lawsuit seeking to require the 30 Major League Baseball teams to extend netting at stadiums farther down the first- and third-base lines to protect fans from injuries caused by foul balls and broken bats. …
November 10, 2016
A federal judge said Bill Cosby’s homeowner’s insurance company must defend him against three civil defamation lawsuits in Massachusetts brought by several women who accused the once-beloved entertainer of sexual abuse. In a decision on Tuesday, U.S. District Judge Mark …
September 26, 2016
Yahoo Inc. was sued on Friday by a user who accused it of gross negligence over a massive 2014 hacking in which information was stolen from at least 500 million accounts. The lawsuit was filed in the federal court in …
September 20, 2016
NASCAR was hit with a $500 million lawsuit accusing the auto racing body of racial discrimination for preventing black-owned teams and drivers from competing, including in the Sprint Cup Series. Terrance Cox and his company, Diversity Motorsports Racing LLC, filed …