An American International Group Inc. unit told a U.S. judge on Monday that a Philadelphia-area firm should be forced to pay more than $2 billion for overcharging it for life insurance policies acquired from elderly people. A lawyer for AIG’s …
Sony Pictures Entertainment Inc. has agreed to pay up to $8 million to resolve a lawsuit by employees who claimed their personal data was stolen in a 2014 hacking tied to the studio’s release of a comedy set in North …
Arab Bank Plc has agreed to settle litigation brought by hundreds of Americans who accused it of facilitating militant attacks in Israel, nearly a year after a U.S. jury found the bank liable. The settlement was confirmed on Friday by …
American International Group Inc. shareholders won approval on Friday of a $970.5 million settlement resolving claims they were misled about its subprime mortgage exposure, leading to a liquidity crisis and $182.3 billion in federal bailouts. U.S. District Judge Laura Taylor …
A former Revlon Inc chief scientific officer has sued the cosmetics company, claiming he was fired after raising safety concerns that its chief executive did not want to hear and was discriminated against for being Jewish. In a lawsuit filed …
U.S. Attorney General Eric Holder last Wednesday called for Congress to take steps to help prosecutors build criminal cases against senior Wall Street executives, saying companies often insulated their leaders from responsibility for misconduct. In a speech before New York …
Actress Katherine Heigl and Duane Reade have come to an agreement in a lawsuit accusing the New York pharmacy of improperly posting to its social media accounts a paparazzi photograph of her leaving one of its stores. A lawyer for …
A U.S. judge set a May 2015 trial date on Friday for BP Plc to face claims in a lawsuit accusing the company of misleading investors about the severity of the 2010 Gulf of Mexico oil spill. U.S. District Judge …
A U.S. judge on Thursday said Daimler AG and Rheinmetall AG cannot be held liable for allegedly aiding and abetting South Africa’s former apartheid government in race-based attacks and injustices. The plaintiffs in the case accused the two German companies, …
American International Group Inc. has agreed to settle a $274 million lawsuit by a former executive who said the insurer refused to pay him during the financial crisis in 2008. The settlement came as a trial was due to have …
