Claims / Legal
Bank of America’s Countrywide Mortgage Bonds Trigger Ambac Lawsuit
Ambac Assurance Corp sued Bank of America Corp to recoup hundreds of millions of dollars of losses from insuring roughly $1.68 billion of securities backed at least in part by risky mortgages from ...
Apple Storage Space Shortage in iOS 8 Spurs Customer Lawsuit
Apple Inc. misleads consumers about the amount of storage space used by its iOS 8 operating system in iPhones, iPods and iPads, two users claimed in a suit targeting the software, adding a new ...
AAA: Americans Murky on Driving Risks with Pot and Prescription Drugs Alike
About 85 percent of Americans want to see laws that punish drivers impaired by marijuana, even as more states have legalized its recreational use. They remain less worried, however, about driving ...
First Bodies and Debris Discovered in AirAsia Indonesia Crash
Indonesian search crews recovered debris and bodies floating in the sea from the AirAsia Bhd. airliner that went missing three days ago with 162 people on board, as investigators seek to determine ...
North Korea May Have Had Outside Help in Sony Pictures Hacking
U.S. investigators believe that North Korea likely hired hackers from outside the country to help with last month's massive cyber attack against Sony Pictures, an official close to the investigation ...
U.S. Regulator Seeking New Accounts of Guardrail Accidents
A U.S. highway regulator opened an Internet portal this week allowing the public to report accidents tied to a Trinity Industries Inc. guardrail system, which has been linked by lawsuits to at least ...
Allianz Lead Reinsurer for Downed AirAsia Plane
Allianz SE could be exposed to claims of at least $100 million linked to the AirAsia jet missing off the Indonesian coast with 162 people on board—the third major airline accident it has been ...
Report: S&P Close to Settling Real Estate Bond Rating Investigation
Standard & Poor's Ratings Services is nearing a settlement with regulators over their investigation of how the company graded real-estate bonds, the Wall Street Journal reported, citing people ...