Articles by Jonathan Stempel

MF Global’s Corzine to Pay U.S. Regulator $5 Million Over Firm’s Collapse

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. …

Coke Gets Taste of a Lawsuit Over Health Risks of Sugary Drinks

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 …

United Settles Lawsuit Over Safety Hazards at New Jersey Airport

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 …

Lawsuit Alleges ‘Boys’ Club’ at Citigroup Unfair to Women

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 …

Sirius May Settle Music Copyright Suit Brought by The Turtles for $100M

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 …

Wells Fargo Facing Suit by Employees Over Retirement Funds Management

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 …

Plaintiffs Strike Out with Suit Seeking More Baseball Stadium Safety Netting

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. …

Judge Rules AIG Must Defend Bill Cosby in Defamation Claims

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 …

Suit Against Yahoo Claims ‘Gross Negligence’ Over Data Breach

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 …

$500 Million Lawsuit Accuses NASCAR of Racial Discrimination

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 …