October 24, 2013
As the U.S. government closes in on a $13 billion settlement with JPMorgan Chase & Co. over its mortgage practices, lawyers specializing in bank mergers are looking for ways to protect their clients from big losses in similar cases in …
September 9, 2013
Bank of America Corp. agreed to pay $39 million to settle a gender bias lawsuit by female brokers who claimed they were paid less than men and deprived of handling their fair share of lucrative accounts, court papers made public …
September 4, 2013
Standard & Poor’s said on Tuesday the U.S. government filed a $5 billion fraud lawsuit against it in “retaliation” for its 2011 decision to strip the country of its “AAA” credit rating. The McGraw Hill Financial Inc unit was the …
July 29, 2013
A U.S. judge said Federal Reserve Chairman Ben Bernanke should be required to testify in the lawsuit by the former chief of American International Group Inc., Maurice “Hank” Greenberg, against the United States over the insurer’s 2008 bailout. Judge Thomas …
July 28, 2013
A divided federal appeals court on Friday rejected a Pennsylvania cabinet maker’s religion-based challenge to the 2010 healthcare law’s requirement that larger companies provide workers with health insurance covering birth control. The decision created a split among federal appeals courts, …
July 26, 2013
Halliburton Co. has agreed to plead guilty to destroying evidence related to the 2010 Gulf of Mexico oil spill, the U.S. Department of Justice said on Thursday. The government said Halliburton’s guilty plea is the third by a company over …
July 1, 2013
A federal appeals court on Monday said a lawsuit against Google Inc.’s effort to create the world’s largest digital books library should not have been allowed to proceed as a class action. The 2nd U.S. Circuit Court of Appeals in …
June 28, 2013
Authors and publishers of controversial scientific articles, and the companies sponsoring those articles, won broad free speech protection from a U.S. appeals court on Wednesday. The 2nd U.S. Circuit Court of Appeals in New York said statements of scientific conclusions …
June 13, 2013
Federal prosecutors in New Jersey on Wednesday unveiled criminal charges against eight people accused of trying to steal at least $15 million from U.S. customers in an international cybercrime scheme targeting accounts at 15 financial institutions and government agencies. U.S. …
June 12, 2013
Walgreen Co., the largest U.S. drugstore chain, has agreed to pay $80 million in civil penalties to resolve allegations that it violated federal rules governing the distribution of prescription painkillers. The U.S. Drug Enforcement Administration on Tuesday said the settlement …