Litigation/Liability Trends
Wells Fargo Discloses Rising Legal Risks as Sales Abuse Settlement Talks Proceed
Wells Fargo & Co. boosted an estimate for potential legal losses by $500 million while disclosing that it's in early talks to resolve another round of probes into sales abuses at its branches. ...
California Utility Takes $10.5B Hit Due to Wildfires, Says Line Likely to Blame
PG&E Corp., the bankrupt California utility owner, reported its biggest loss ever and said it's "probable" its equipment will be blamed as an ignition point for the deadliest wildfire in ...
BlackBerry Accuses Twitter of Patent Infringement
BlackBerry Ltd on Wednesday filed a patent infringement lawsuit accusing Twitter Inc of illegally using technology in its mobile messaging applications that had been developed by the former ...
Wrongful Death Suit Against JPMorgan Over Ex-Top Broker’s Suicide Dismissed by Judge
A federal judge in Manhattan on Tuesday dismissed a wrongful death lawsuit against JPMorgan Chase & Co by the estate of a former top broker, who it said committed suicide after being forced into ...
Musk Legal Problems: Tesla CEO Faces U.S. Contempt Claim for Violating SEC Accord
Elon Musk is facing a new round of regulatory trouble for tweets about Tesla Inc., raising fresh concerns about the chief executive officer's ability to keep his impulses in check and responsibly run ...
IAALS Unveils New Protocols for First-Party Insurance Disaster Claims
A national legal group has developed new, streamlined protocols designed to promote a more efficient exchange of information in first-party insurance claims cases stemming from man-made and natural ...
J&J Now Stands Alone in Fighting Off Talc Lawsuits
Johnson & Johnson now finds itself alone in fighting the claims of a dying California woman and thousands of people like her who allege that the company's iconic baby powder contained asbestos ...
Two Former Markel CATCo Execs Sue, Alleging Bogus Firing Reasons to Avoid Paying Bonuses
Two fired executives of Markel's Bermuda reinsurance operations are suing Markel, claiming the company created a false narrative alleging they violated corporate policy by having a personal ...