Litigation/Liability Trends
PwC, MF Global Trial Begins in New York
Publicity about both the recent Academy Awards and Wall Street hung over a Manhattan courtroom on Monday as lawyers struggled to find jurors to decide whether PricewaterhouseCoopers helped cause the ...
Wells Fargo Phony Account Scandal May Be Bigger Than Previously Thought
More Wells Fargo & Co customers may have been affected by a scandal over phony accounts than previously believed, the third-largest U.S. lender said in a regulatory filing on Wednesday. Wells ...
Court Rules in J&J’s Favor Over Latest Talc Product Liability Lawsuit
Johnson & Johnson said on Friday that a state court jury in Missouri had returned a verdict in its favor in the latest trial to arise out of thousands of lawsuits alleging the company's ...
Ex-Moody’s Exec Loses Out on $864M Ratings Settlement as Whistleblower Lawsuit Dismissed
A federal judge on Thursday dismissed a whistleblower lawsuit by a former Moody's Investors Service managing director and said he deserves none of the $863.8 million that Moody's agreed to pay to ...
Willis Towers Watson’s New Cyber Risk Assessment Tool: An Employee Survey
While many businesses rely on technology to assess their cyber risks, Willis Towers Watson believes an employee survey could help make the task more successful. The consulting firm and broker is ...
Victims of Takata’s Exploding Air Bags Seek to Delay $1B Settlement
People injured by Takata Corp.'s exploding air bags asked a judge to delay approving the $1 billion settlement with the U.S. hours before the car-parts maker was due to appear in court to plead ...
Brexit Aftermath: UK-Regulated Ship Insurers Eye Luxembourg, Cyprus Outposts
U.K.-regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing that Brexit will hinder access to the EU's financial ...
Prudential May Seek Cover From Wells Fargo for Account Scandal Costs
Prudential Financial Inc, the target of probes and lawsuits related to whether Wells Fargo & Co retail bankers improperly sold its insurance, may press the bank to cover costs it has run up ...