Litigation/Liability Trends
ATM Fees Class Action Lawsuits Allowed by SCOTUS to Proceed
The U.S. Supreme Court on Thursday gave the green light to class action lawsuits by consumers accusing Visa Inc, Mastercard Inc and several U.S. banks of conspiring to inflate the prices of ATM ...
What’s Out Under Trump? Federal Fracking Rules, Probably; FSOC, Possibly
Three days before Donald Trump's inauguration as the 45th U.S. president, attorneys for Barack Obama's outgoing administration will ask an appeals court to revive rules governing oil-and-gas fracking ...
Chrysler Sued by Consumers Alleging Diesel Pollution Cheating
Diesel pollution cheating allegations hit a U.S. carmaker as Dodge truck owners sued Chrysler Monday, claiming some engines were rigged to hide emissions as much as 14 times higher than the law ...
SCOTUS May Allow Miami to Sue Banks Over Lending Bias
The U.S. Supreme Court on Tuesday indicated it could allow Miami to pursue lawsuits accusing major banks of predatory mortgage lending to black and Hispanic home buyers resulting in loan defaults ...
VW Judge: Carmaker Making Strides Settling Remaining Diesel Cheat Cases
Volkswagen AG has made substantial progress toward reaching a settlement for the remaining 80,000 diesel-cheating cars polluting U.S. roads, a federal judge said. U.S. District Judge Charles Breyer, ...
Hank Greenberg Seeks Damages Over 2008 AIG Rescue
U.S. lawyers on Friday urged an appeals court to bless the federal government's $85 billion bailout of American International Group Inc. At the same time, attorneys for Maurice "Hank" Greenberg are ...
Cyber Theft Strikes 20,000 Tesco Bank Accounts in UK
The banking arm of Britain's biggest retailer Tesco was scrambling on Monday to deal with an online attack over the weekend on 40,000 customers' accounts, 20,000 of which had money removed. The hack ...
China Passes Sweeping Cybersecurity Law; Foreign Opposition Remains
China has green-lit a sweeping and controversial law that may grant Beijing unprecedented access to foreign companies' technology and hamstring their operations in the world's second-largest economy. ...