Articles by Jonathan Stempel

Ex-AIG CEO Greenberg, Starr May Appeal Dismissal of Bailout Suit

The Federal Reserve Bank of New York won the dismissal of former American International Group Inc. Chief Executive Maurice “Hank” Greenberg’s $25 billion lawsuit accusing it of unlawfully bailing out the insurer during the 2008 financial crisis. The decision issued …

Supreme Court to Hear Amex Appeal on Mandatory Arbitration Clause

The U.S. Supreme Court on Friday agreed to consider whether American Express Co may invoke an arbitration clause to prevent merchant customers from banding together in an antitrust lawsuit against the company. The court accepted the credit card and travel …

Supreme Court to Hear Comcast, Amgen Cases on Class Action Limits

The U.S. Supreme Court considered appeals by Comcast Corp. and Amgen Inc. that could help determine what kind of evidence must be presented before companies may be the subject of class-action lawsuits. Monday’s complex arguments gave the court a new …

Supreme Court Weighs Key ‘Gray’ Market Copyright Case

Several justices on the U.S. Supreme Court voiced concern on Monday about letting U.S. copyright holders block the resale inside the country of products they make elsewhere, in one of the court’s biggest copyright cases in years. The case, likely …

Supreme Court Rejects John Hancock Appeal Over Retirement Plan Lawsuits

The U.S. Supreme Court refused on Monday to consider two appeals in a case weighing the ability of tens of millions of Americans to bring lawsuits over their retirement plans. Without comment, the court let stand an April ruling by …

Supreme Court Weighs Government Liability Under Credit Reporting Law

The U.S. Supreme Court on Tuesday considered whether the federal government could be liable for money damages by printing confidential credit card information on a customer’s receipt, increasing the risk of identity theft. A decision against the government could make …

Supreme Court Lets Black Brokers’ Bias Case Against Merrill Proceed

The U.S. Supreme Court refused to consider an appeal by Bank of America Corp.’s Merrill Lynch unit of a ruling that allowed black brokers who accused it of bias to pursue their lawsuit as a class action. Without comment, the …

ABC News Sued for Defamation Over ‘Pink Slime’ Reports

ABC News was hit with a $1.2 billion defamation lawsuit on Thursday by a South Dakota meat processor that accused it of misleading viewers into believing that a product that critics have dubbed “pink slime” was unsafe. Beef Products Inc. …

Judge Dismisses Velvet Underground Copyright Claim vs. Warhol Over Banana

A federal judge has dismissed part of The Velvet Underground’s lawsuit accusing the Andy Warhol Foundation for the Visual Arts of violating its rights to an iconic banana image used on the rock band’s best-known album. While Velvet Underground’s trademark …

Court Rules Employers Must Reassign Disabled Workers to Vacant Jobs

A federal appeals court has revived an Equal Employment Opportunity Commission lawsuit against United Airlines Inc., and said U.S. law generally requires employers to reassign disabled workers to vacant jobs for which they are qualified. Friday’s decision by the 7th …