A federal judge in New Jersey recently dismissed a long-running lawsuit accusing Hartford Financial Services Group Inc.’s investment management unit of overcharging investors in six mutual funds, following a rare trial. U.S. District Judge Renee Bumb in Camden on Feb. …
A federal judge on Thursday dismissed a whistleblower lawsuit by a former Moody’s Investors Service managing director and said he deserves none of the $863.8 million that Moody’s agreed to pay to settle claims it inflated mortgage ratings prior to …
A federal judge in Houston has thrown out a lawsuit accusing UBS Group AG of hiding fraud by its client Enron Corp. from retail customers, a decision that may end a 15-year legal battle stemming from the energy company’s December …
Sirius XM Holdings Inc. on Thursday won the dismissal of a New York copyright lawsuit over the satellite radio company’s playing of older songs by the 1960s band The Turtles and other artists, reducing the size of a related settlement …
A company that advances money to people awaiting settlement payouts was accused by New York and federal regulators of scamming sick responders to the Sept. 11, 2001 attacks, as well as National Football League retirees with brain injuries. RD Legal …
Wal-Mart Stores Inc. has been ordered by a federal judge to pay $16.08 million to a former New Hampshire pharmacist in a gender bias case, but the amount is only about half what a jury awarded and may fall substantially …
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. …
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 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 …
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 …
