Litigation/Liability Trends
Equifax Reaches Data Breach Settlement in Several States; Fines Avoided
Equifax Inc on Wednesday avoided fines in a deal with eight states' banking regulators over a data breach that compromised sensitive data of more than 145 million people, as the credit reporting ...
$500M Verdict Against Facebook in Trade Secret Suit Sliced in Half
A federal court in Dallas on Wednesday halved the $500 million verdict that a jury ordered Facebook Inc , its virtual reality unit Oculus, and others to pay ZeniMax Media Inc, a video game publisher ...
Investment in Personal Injury Lawsuits With 20 Percent Returns: New Soros Strategy
The billionaire George Soros has found a new way to make money from personal-injury lawsuits. Soros Fund Management is pushing into a branch of litigation finance that few hedge funds have entered. ...
Wildfires Strike Northern California Once Again
Thousands were forced to flee their homes Monday as major wildfires encroached on a charred area of Northern California still recovering from severe blazes in recent years, sparking concern the state ...
Ukraine Warns Another Massive Hacker Attack Coming From Russia
Hackers from Russia are infecting Ukrainian companies with malicious software to create "back doors" for a large, coordinated attack, Ukraine's cyber police chief told Reuters on Tuesday. The hackers ...
After Derailment Spills 230,000 Gallons of Oil in Iowa, BNSF Railway Pursues Service Restoration
BNSF Railway Co on Monday said it could resume service Tuesday on a stretch of northwestern Iowa track damaged when a train left the track and crude oil spilled from derailed cars. The crude oil ...
Climate Change Lawsuits Against 5 Oil Companies Dismissed by U.S. Court
A California federal court dismissed climate change lawsuits against five oil companies by the cities of San Francisco and Oakland, saying the complaints required foreign and domestic policy ...
Toxic Danger in Teflon Chemicals EPA Previously Thought Were Safe
The chemicals used by a West Virginia factory to make nonstick products are dangerous at levels the U.S. Environmental Protection Agency had thought were safe, according to a federal study that had ...