Claims / Legal
Tesla Warns Shareholder Suits Could Delay SolarCity Acquisition
Elon Musk-led Tesla Motor Inc said on Monday its proposed acquisition of SolarCity Corp could be delayed due to shareholder lawsuits challenging the deal. The company said four lawsuits were filed in ...
U.S. VW Diesel Probe Reportedly Expands to Software Maker Bosch
U.S. prosecutors are investigating whether Germany's Robert Bosch GmbH, which provided software to Volkswagen AG, conspired with the automaker to engineer diesel cars that would cheat U.S. emissions ...
Samsung Sued by Florida Man Alleging Explosion Injury From Galaxy Note 7
Samsung Electronics Co was sued on Friday by a Florida man who said he suffered severe burns after his Galaxy Note 7 smartphone exploded in his front pants pocket. The lawsuit by Jonathan Strobel may ...
Porsche Drawn into VW Diesel Suits
Porsche Holding SE was dragged deeper into the Volkswagen AG emissions debacle as investors raced to file German lawsuits ahead of the one-year anniversary of the scandal. A group of institutional ...
China Suit Claims Tesla Autopilot System Caused Fatal Crash; Company Investigates
Tesla Motors Inc. said it has no way of knowing whether its Autopilot system was involved in a crash in China that killed the driver because the car was too damaged to transmit data. A court in ...
Allstate’s August Pretax Catastrophe Loss Tally: $154M
Allstate said its estimated pretax losses in August came in at $154 million, a sizable decline from the previous month. The Illinois-based property/casualty insurance giant said those losses ...
Typhoon Meranti Wreaks Havoc in China and Taiwan
Typhoon Meranti wreaked havoc in China and Taiwan after striking late Wednesday, causing damage, widespread flooding and massive power outages, according to RMS. It appears, however, that things ...
Allianz’s PIMCO Alleges Co-Founder Bill Gross Leaked Confidential Bonuses
PIMCO escalated its legal battle with estranged co-founder Bill Gross by saying he leaked confidential pay information to the media and may have destroyed documents in violation of court rules. ...