Litigation/Liability Trends
Morgan Stanley Struck With New Lawsuit Alleging Persistent Racial Bias
Morgan Stanley has reneged on promises to stop discriminating against black employees, according to a lawsuit by a former broker who said he was fired after complaining about racial bias, including ...
French Dairy Company Scandal Over Contaminated Baby Milk Goes Global; Multiple Lawsuits Likely
French dairy group Lactalis could have been producing salmonella-tainted baby milk since 2005, its chief executive was quoted as saying on Thursday, adding the growing crisis was likely to cost the ...
Amtrak Train With GOP Lawmakers in Tow Strikes Truck at Crossing, Killing Motorist
An Amtrak train carrying Republican members of Congress to a party retreat Wednesday struck a garbage truck outside Charlottesville, Virginia, killing one person on the truck. At least one other ...
‘Jackpotting’ Hackers Pilfered $1M-Plus From U.S. ATMs: Secret Service
A coordinated group of hackers likely tied to international criminal syndicates has pilfered more than $1 million by hijacking ATM machines across the United States and forcing them to spit out bills ...
Lawsuits Involving U.S. Securities Class Actions Soar in 2017, Topping One Per Day
The number of class action lawsuits in the United States accusing companies of fraud and other securities law violations soared in 2017, topping one a day even as the value of settlements plunged, a ...
VW Supervisory Board Seeks Inquiry Into German Automaker Diesel Fume Tests Involving Monkeys
Members of Volkswagen's supervisory board have called for an inquiry into tests in which monkeys were exposed to toxic diesel fumes, German media reported on Monday. The New York Times reported on ...
Nestle Settles Suit Against Atari Over Kit Kat Candy Bar Campaign
Nestle SA has settled a lawsuit in which Atari SA accused the Swiss food company of using the hit 1970s video game "Breakout" without permission to sell Kit Kat bars. U.S. District Judge Yvonne ...
Looming EU Data Law Spurring Booming Demand for Privacy Experts
Business is booming for software and privacy experts as companies across the globe spend millions of dollars to comply with a landmark European data protection law, even as many uncertainties remain ...