Litigation/Liability Trends
Porsche Drawn into VW Diesel Suits
Porsche Holding SE was dragged deeper into the Volkswagen AG emissions debacle as investors raced to file German lawsuits ahead of the one-year anniversary of the scandal. A group of institutional ...
China Suit Claims Tesla Autopilot System Caused Fatal Crash; Company Investigates
Tesla Motors Inc. said it has no way of knowing whether its Autopilot system was involved in a crash in China that killed the driver because the car was too damaged to transmit data. A court in ...
Typhoon Meranti Wreaks Havoc in China and Taiwan
Typhoon Meranti wreaked havoc in China and Taiwan after striking late Wednesday, causing damage, widespread flooding and massive power outages, according to RMS. It appears, however, that things ...
Allianz’s PIMCO Alleges Co-Founder Bill Gross Leaked Confidential Bonuses
PIMCO escalated its legal battle with estranged co-founder Bill Gross by saying he leaked confidential pay information to the media and may have destroyed documents in violation of court rules. ...
New York Issues First-of-Their-Kind Cyber Regs for Insurers and Banks
New York Governor Andrew Cuomo on Tuesday issued long-anticipated proposed cyber security regulations for banks and insurers in the state, the first of their kind in the United States by any state or ...
The Trial of Ex-AIG Chairman Hank Greenberg Finally Begins
Opening arguments began on Tuesday in the trial of former American International Group Inc chairman Maurice "Hank" Greenberg over accounting fraud at the insurance giant some 16 years ago. Greenberg, ...
U.S. Appeals Court Revives JPMorgan Chase Whistleblower Lawsuit
A federal appeals court on Monday revived a former JPMorgan Chase & Co private banker's whistleblower lawsuit accusing the bank of firing her in retaliation for warning that an Israeli client ...
Suit Alleges Samsung, LG Suppressed Wages in Anti-Employee Poaching Deal
LG Corp. and Samsung Electronics Co. were accused in a lawsuit of conspiring to suppress wages by agreeing not to recruit each other's employees in Silicon Valley, where allegations of no-poaching ...