May 15, 2012
A U.S. federal judge in New York on Monday refused to delay the approval process for a controversial $20 million settlement between Bank of America Corp. directors and shareholders who accused the bank of overpaying for Merrill Lynch & Co. …
May 15, 2012
Former American International Group Inc. Chief Executive Maurice “Hank” Greenberg said New York’s attorney general should be barred from invoking a 91-year-old state law in a fraud case over two suspect reinsurance transactions. Greenberg and co-defendant Howard Smith, AIG’s former …
May 10, 2012
Honda Motor Co. has won the reversal of a $9,867 small-claims judgment awarded to an owner who claimed the Japanese automaker fraudulently overstated the fuel economy of her Civic hybrid car. The decision by California Superior Court Judge Dudley Gray …
May 9, 2012
A New York appeals court on Tuesday gave former American International Group Inc. Chief Executive Maurice “Hank” Greenberg a partial victory in the state’s fraud lawsuit against him over two suspect reinsurance transactions, but cleared the way for the case …
May 7, 2012
BP Plc reached settlements on April 18 to resolve billions of dollars of claims from the 2010 Gulf of Mexico oil spill, and asked a U.S. judge for a long delay in any trial over remaining disputes stemming from the …
May 4, 2012
A trial to assign blame and damages that could total tens of billions of dollars for the 2010 Gulf of Mexico oil spill has been put off until January, in a setback for the U.S. government, which wanted to try …
May 4, 2012
With a nod to country singer Kenny Rogers, a federal judge has refused for now to allow insurers for former officers and directors of Lehman Brothers Holdings Inc. to pay $90 million to settle a fraud lawsuit brought by investors. …
May 3, 2012
BP Plc won preliminary court approval of an estimated $7.8 billion settlement to resolve more than 100,000 claims by individuals and businesses stemming from the 2010 Gulf of Mexico oil spill. The accord comprises two agreements, including one that covers …
May 2, 2012
The U.S. government said a trial to assign blame and damages among BP Plc and others over the 2010 Gulf of Mexico oil spill should not be delayed until after a hearing over a $7.8 billion settlement of private party …
April 20, 2012
The death of a 9-year-old Pomeranian from eating a dog treat is hardly “what nature intended,” according to a lawsuit filed this week. An Illinois man has sued Nestle Purina Petcare Co. and Wal-Mart Stores Inc., saying his dog died …