The Supreme Court rejected a mammoth class-action lawsuit charging sex discrimination at Wal-Mart Stores Inc. on Monday in a ruling that could affect major cases in other industries. The justices unanimously overturned a U.S. appeals court ruling that more than …
Janus Capital Group Inc. and a subsidiary cannot be held liable in a lawsuit by shareholders over allegedly false statements in prospectuses for several Janus mutual funds, the U.S. Supreme Court ruled Monday. By a 5-4 vote in a narrow …
A U.S. appeals court in Atlanta will hear a lawsuit Wednesday challenging the constitutionality of the healthcare reforms signed into law by President Barack Obama a year ago. The suit, filed by more than half the states, could reach the …
Halliburton Co. suffered a legal setback Monday when the U.S. Supreme Court refused to make it harder for shareholders to proceed with some class-action securities-fraud lawsuits against publicly traded companies. The justices unanimously ruled that a U.S. appeals court erred …
The U.S. Supreme Court is considering the fate of litigation against cell phone makers over safety risks, just as the industry comes under more scrutiny in the wake of a health report from the World Health Organization. A working group …
The Supreme Court this week agreed to hear a case on the liability of employees of private companies that operate state and federal prisons, a case defense lawyers worry could open the floodgates for suits against other employees working under …
The U.S. Supreme Court has handed corporate whistleblowers a setback with a 5-3 ruling that they cannot bring lawsuits on the basis of information they get from a Freedom of Information Act request. The court reversed a federal appeals court …
The U.S. Supreme Court considered Monday whether to make it more difficult for shareholders to proceed with certain class-action securities-fraud lawsuits against publicly traded companies. The hour-long arguments before the justices in the case comes at a time when dozens …
The Supreme Court refused Monday to speed up a ruling on President Barack Obama’s healthcare overhaul, his signature domestic achievement that has provoked a fierce political and legal battle. The justices rejected the state of Virginia’s request to invoke a …
The U.S. Supreme Court on Monday is set to hear arguments in a case that could dramatically raise the bar for shareholders seeking to file class-action lawsuits against public companies. The issue is especially timely, because dozens of shareholder class …
