September 19, 2016
Samsung Electronics Co. was sued on Friday by a Florida man who said he suffered severe burns after his Galaxy Note 7 smartphone exploded in his front pants pocket. The lawsuit by Jonathan Strobel may be the first in the …
September 13, 2016
A federal appeals court on Monday revived a former JPMorgan Chase & Co. private banker’s whistleblower lawsuit accusing the bank of firing her in retaliation for warning that an Israeli client might be committing fraud. The 2nd U.S. Circuit Court …
September 9, 2016
The insurance brokerage Willis Towers Watson Plc has agreed to pay $120 million to settle litigation accusing it of helping now-imprisoned Texas financier Allen Stanford run a $7.2 billion Ponzi scheme, court papers show. The papers, in which Willis denied …
September 7, 2016
A Pennsylvania regulator on Thursday reinstated a record $11.4 million fine against the popular ride-sharing service Uber Technologies Inc. for operating illegally in the state in 2014. By a 4-1 vote, the Pennsylvania Public Utility Commission rejected Uber’s arguments that …
September 7, 2016
Hundreds of banana farmers from Central America and South America will again have their day in court, after a U.S. appeals court on Friday revived six lawsuits accusing several big fruit and chemical companies of sickening them with a toxic …
August 29, 2016
A federal judge on Friday granted a request by Uber Technologies Inc. and its chief executive officer to put a passenger’s price-fixing lawsuit against them on hold, while they appeal his refusal to let them arbitrate the dispute. Calling his …
August 19, 2016
A prominent Texas lawyer was acquitted on Thursday of charges he made up thousands of fake clients to sue BP Plc for damages that the oil company caused in the 2010 Gulf of Mexico spill, court records show. Mikal Watts …
August 17, 2016
A New York state judge on Wednesday threw out billionaire hedge fund manager Louis Bacon’s $100 million defamation lawsuit against Canadian fashion designer Peter Nygard, saying the case tied to their long-running feud over neighboring properties in the Bahamas belongs …
August 8, 2016
Berkshire Hathaway Inc. on Friday said its second-quarter profit rose 25 percent, helped by improvement in insurance underwriting, investment gains and the purchase of Precision Castparts Corp., Warren Buffett’s largest acquisition. But operating results fell short of analyst forecasts, as …
August 8, 2016
A federal judge rejected PricewaterhouseCoopers’ bid to dismiss a $1 billion lawsuit accusing the accounting firm of professional malpractice for helping cause the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage once run by former New Jersey Governor …