Litigation/Liability Trends
Wells Fargo Slammed With Class Action Lawsuit Regarding Sales Practices
A shareholder class action lawsuit was filed against Wells Fargo & Co on Monday that alleged the firm misled investors about its financial performance and the success of its sales practices. ...
Ex-AIG Chairman Greenberg Finally Tells His Side of the Story at Trial
Former American International Group Inc. Chairman Maurice "Hank" Greenberg says he got personally involved in an "insignificant" business deal at the insurance giant 18 years ago to teach some ...
Yahoo Faces Negligence Suits Over Massive Data Breach
Yahoo! Inc. is being accused in lawsuits of failing to secure customer data after the company said the personal information of at least 500 million users was stolen in a 2014 hack. As a result of the ...
Firms Race to Gather Data Proving Drone Deliveries Are Safe
United Parcel Service Inc's launch this week of drone test flights simulating emergency medical-supply deliveries highlights a race for data to prove such deliveries can be performed safely. UPS's ...
Massive Yahoo Cyber Hack Leaves EU Privacy Watchdogs With ‘Serious Questions’
The hack on Yahoo! Inc. that compromised the personal data of at least 500 million users is raising "serious questions" among European Union privacy regulators. The "vast number of people affected by ...
Marsh: Demand Spikes in Europe for Environmental Impairment Liability Cover
There has been a marked increase in the number of companies purchasing environmental impairment liability (EIL) cover across Europe in recent years, mainly due to an increase in regulation and buyer ...
Yahoo Reports Cyber Attack Breached at Least 500 Million Accounts
Yahoo! Inc. said the personal information of at least 500 million users was stolen in an attack on its accounts in 2014, exposing a wide swath of its roughly 1 billion users ahead of Verizon ...
Three Google Self-Driving Vehicles Involved in Arizona Crashes
Google says three of its self-driving vehicles were involved in crashes in the Phoenix, Ariz. metro area in August. The California-based company says its drivers were manually controlling the ...