Claims / Legal
Judge: Las Vegas Exec and Company Must Fork Over $584M For Ponzi Scheme
A Las Vegas executive and his company were ordered by a federal judge to pay $584.4 million for running what the U.S. Securities and Exchange Commission called a Ponzi scheme that bilked thousands of ...
Post-Blizzard, Costs Are Mounting as New England Digs Out
Millions in the U.S. Northeast on Wednesday started digging out from a powerful blizzard that dumped up to 3 feet of snow and led to coastal flooding around parts the region, while largely bypassing ...
‘Ghost’ Cyber Threat Hopefully Thwarted By New Linux Patch
Red Hat Inc and other makers of the widely used Linux operating system for business computers updated their software on Tuesday to thwart a serious new cyber threat they warned could allow hackers to ...
The Number of Securities Fraud Class Action Lawsuits Is Dropping
The size of federal class action lawsuits accusing companies of securities fraud has dropped significantly, new studies show, as the bull market in stocks approaches its sixth birthday. Losses ...
California Retracts Requirement for Uber Mandating Commercial Plates
California has retracted a notice that said private drivers for ride-sharing companies such as Uber Technologies Inc. and Lyft Inc. must have a commercial license plate or risk getting a citation. ...
India’s Nuclear Power Plant Construction Plans Stirs Accident Liability Debate
It's a $182 billion question for India with no easy answer. That's the estimated amount the country plans to spend on nuclear power plants to meet Prime Minister Narendra Modi's pledge to provide ...
E-Cigs Advance, But Uncertainty Remains About Risks or Benefits
From Apple Pie to Bubbly Bubble Gum, Irish Car Bomb or Martian bar - from Mars!, the flavors of electronic cigarette offer something for every taste. Researchers have counted 7,764 varieties of ...
Report: False Positive Cyber Security Alerts Adding Unnecessary Cost
It is common knowledge at this point that cyber attacks are increasing in their frequency, scope and cost to businesses around the world. But falsely positive cyber security alerts are also taking ...