The Illinois Supreme Court on Nov. 4 threw out a $10.1 billion verdict against Philip Morris USA in a long-running lawsuit accusing the Altria Group Inc. unit of misleading smokers about the health risks of “light” cigarettes. By a 4-2 …
Connecticut’s highest court made it easier for private sector workers to bring whistleblower claims against their employers without fear of retaliation, ruling in a case brought by a former UBS AG real estate executive. By a 7-0 vote, the Connecticut …
Montauk Credit Union, a large provider of loans to taxi medallion owners, was seized on Friday by New York State’s top financial regulator. The New York State Department of Financial Services said the seizure was necessary because the credit union, …
A federal appeals court has given the developer Larry Silverstein a new chance to recoup more money for rebuilding the World Trade Center site in New York, on top of the $4.1 billion of insurance proceeds he has received. The …
CVS Health Corp. reached a $48 million settlement of a lawsuit accusing the U.S. drugstore operator of fraudulently concealing a big loss of revenue in its pharmacy benefits manager business, culminating in a plunge in its stock price. The all-cash …
Copyright holders must consider “fair use” before demanding that people remove videos they post online, such as on Google Inc.’s YouTube, a U.S. appeals court ruled on Monday. In a closely followed case over the home video of a toddler …
A U.S. appeals court on Wednesday rejected efforts by American International Group Inc. and Bank of New York Mellon Corp. to recoup hundreds of millions of dollars of foreign tax credits that the Internal Revenue Service did not allow. By …
Exxon Mobil Corp’s $225 million settlement with the administration of New Jersey Governor Chris Christie of a longstanding environmental pollution case won approval on Tuesday from a state judge, over the objections of critics who called the accord a sellout. …
A U.S. appeals court said the Federal Trade Commission has authority to regulate corporate cyber security, and may pursue a lawsuit accusing hotel operator Wyndham Worldwide Corp. of failing to properly safeguard consumers’ information. The 3-0 decision by the 3rd …
