Litigation/Liability Trends
Russia Allegedly Hacked Yahoo, But Cybersecurity Lapses Were Severe
When it comes to Yahoo's massive security breach, the company was right about one thing. Yahoo! Inc. has been saying since September that a state-sponsored actor was behind a hack in 2014 that ...
VW Exec Ordered Held Until U.S. Emissions Trial Starts Next Year
A federal judge in Detroit on Thursday ordered that a Volkswagen AG executive charged in the automaker's diesel emissions scandal be detained until his trial set for next year, agreeing with ...
More Cyber Threats, Weakened Data Security Underscore Need to Better Understand Problem
An increase in spearfishing and ransomware, coupled with weakened data security due to more connected and mobile devices, means businesses and insurers need to understand and protect against these ...
Uber Labor Settlement Paying Each Driver $1 Rejected by CA Judge
Uber Technologies Inc. failed to persuade a judge to approve a settlement offering 1.6 million California drivers an average of $1.08 each to dispense with alleged labor-code violations that their ...
Takata Sued by Nissan, Ford, BMW Over Faulty Airbag Losses
Nissan Motor Co., BMW of North America and Ford Motor Co. accused Takata Corp. of fraud in a lawsuit seeking to force the airbag manufacturer to cover losses they incur because of its faulty ...
Fiat Chrysler Pushes for Resolution of State/Federal Diesel Emissions Case
Fiat Chrysler Automobiles NV is still trying to win U.S. approval to sell 2017 diesel models as the U.S. government decides whether to take legal action, Chief Executive Sergio Marchionne said on ...
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 ...