Litigation/Liability Trends
Tesla CEO Elon Musk Defends Timing of Autopilot Fatality Disclosure
Tesla Motors alerted regulators to a fatality in one of its electric cars in partial self-driving Autopilot mode nine days after it crashed, the company said on Tuesday, defending its decision not to ...
A.M. Best, SNL Financial Settle Copyright Infringement Suit
A.M. Best Company has resolved a copyright infringement lawsuit against SNL Financial dating back to 2011. Neither side is disclosing detailed terms of the confidential settlement, which addresses ...
VW Will Avoid Germany Cheating Fines; Customers Balk
Volkswagen AG is set to escape fines from the German government even after cheating on emissions tests for years, reflecting a softer political stance that's increasingly drawing ire following a ...
Colorado State Hikes Atlantic Hurricane Forecast Up to 15 Storms
Colorado State University edged up its seasonal Atlantic hurricane forecast to 15, three more than in an average year. The new prediction is that six of those storms will become hurricanes and two ...
MasterCard Hit by U.K. Class Action Suit Over Processing Fees
Consumers in the U.K. are preparing a 19 billion-pound ($24.7 billion) class action lawsuit against MasterCard Inc., almost two years after a European Union court ruled the processing fees the ...
Ex-Allstate Employees Awarded $27M in Defamation Lawsuit Verdict
A federal jury has awarded more than $27 million to four former Allstate employees who sued the insurer for defamation. The Chicago Tribune reported the employees worked for a now-defunct equity ...
Two U.S. Funds Sue Multiple Banks Alleging Singapore Rate Rigging
Two U.S.-based investment funds have filed a lawsuit in New York against dozens of banks accusing them of conspiring to rig derivative prices incorporating Singapore interest rate benchmarks, a court ...
Fatal Crash of Tesla on Autopilot Spurs NHSTA Investigation
U.S. regulators are investigating a fatal accident involving a Tesla Motors Inc. sedan that was driving on autopilot, drawing scrutiny to a key technology the electric-vehicle maker is betting on for ...