Facebook Claims ‘Zero Tolerance’ for Terrorist Activity September 28, 2016 By Nate Raymond Lawyers for Facebook Inc. on Tuesday sought to assure a U.S. judge overseeing lawsuits by victims of militant attacks in...
Amtrak Wins Partial Appeal to Recoup Insurance for Sandy Repairs August 31, 2016 By Nate Raymond Amtrak secured a partial U.S. appellate court win on Wednesday in its efforts to recoup insurance coverage after the railroad...
Court Denies U.S. Bid to Rehear Bank of America ‘Hustle’ Mortgage Program August 23, 2016 By Nate Raymond A U.S. appeals court refused on Monday to reconsider its decision to overturn a $1.27 billion penalty against Bank of...
Lawyer Sentenced for Insider Trading on Nationwide-Harleysville Merger July 25, 2016 By Nate Raymond A former partner at the law firm Fox Rothschild was sentenced on Friday to six months in prison for trading...
Video-Sharing Site Vimeo Wins Appeal of Copyright Infringement Claim June 17, 2016 By Nate Raymond Video-sharing website Vimeo LLC cannot be held liable for copyright infringement for unknowingly hosting older music uploaded by its users,...
Appeals Court Throws Out $1.27B Fraud Penalty Against Bank of America Mortgage Unit May 24, 2016 By Jonathan Stempel and Nate Raymond A U.S. appeals court on Monday threw out a jury’s finding that Bank of America Corp. was liable for mortgage...
Judge Cuts N.Y. Financier’s Damages Judgment in Harassment Case April 1, 2016 By Nate Raymond A federal judge on Thursday reduced by more than two-thirds the maximum sum a Swedish woman can recover after having...
Ex-QBE Insurance Executive Sentenced to Jail for $2.6M Embezzlement Scheme April 1, 2016 By Nate Raymond A former executive of QBE Insurance Group was sentenced on Thursday to 1-1/2 years in prison for conspiring to embezzle...
Hedge Funds Settle Press Release Hacking Claims for $18M March 29, 2016 By Nate Raymond A Moscow-based hedge fund manager, his investment firms and two Paris-based funds have agreed to pay nearly $18 million to...
Jury Finds 2 N.Y. Stockbrokers Liable in IBM Insider Trading Trial March 1, 2016 By Nate Raymond A federal jury on Monday found two former New York stockbrokers liable for trading on confidential tips about an IBM...