Litigation/Liability Trends
Kemper $142M Arbitration Award Upheld on Appeal
The U.S. Court of Appeals for the Fifth Circuit has upheld a $141.7 million arbitration award in favor of the Kemper Corp. subsidiary, Kemper Corporate Services, against Computer Sciences Corp. A ...
USAA Wins Against Wells Fargo in Mobile Deposit Tech Patent Verdict
Wells Fargo & Co. was told to pay $102.8 million after a federal jury in Texas said it infringed United Services Automobile Association's patents for a mobile deposit system. It's the second ...
Australia Bushfires Have Scorched 25.5 Million Acres; PM Proposes Inquiry
After weeks of criticism over the handling of the bushfires scorching Australia, Prime Minister Scott Morrison said on Sunday he will propose a national review into the response to the disaster, as ...
Dismissal of Lawsuits Over Missing Malaysia Air Flight Upheld on Appeal
A U.S. appeals court on Friday upheld a lower court decision to dismiss nationwide litigation over the disappearance of Malaysia Airlines Flight MH370 in which victims' families sought to hold the ...
Masimo Sues Apple, Alleging Theft of Tech for Watch
Apple Inc. is accused of stealing trade secrets and improperly using Masimo Corp. inventions related to health monitoring in its Apple Watch. Masimo, which develops signal processing technology for ...
Trump Approves Emergency Declaration for Puerto Rico After Quake
President Donald Trump approved an emergency declaration for Puerto Rico on Tuesday, according to a person familiar with the matter, after a deadly earthquake struck the commonwealth that was already ...
Iran Crash of Boeing-Made Ukraine Jet Leaves Safety Mystery Worsened by Tensions
As investigators sift through the charred wreckage of a jetliner that crashed shortly after takeoff from Tehran, contradictory reports have emerged about what might have caused the Boeing Co. 737-800 ...
Ransomware Attack Knocks Out Systems at Foreign Exchange Firm Travelex
Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems to ransom, leading to a global blackout ...