Litigation/Liability Trends
Bill Gross’s $200M Suit against Allianz’s PIMCO Allowed to Proceed
Bond manager Bill Gross will be able to pursue his lawsuit to recoup at least $200 million he claims that Pacific Investment Management Co owes him in the wake of his 2014 ouster from the firm he ...
Apple/U.S. Legal Battle Poised to Escalate Over ‘Source Code’
The latest filing in the legal war between the planet's most powerful government and its most valuable company gave one indication of how the high-stakes confrontation could escalate even further. In ...
VW Dealt a $3.7B Lawsuit in Germany Over Diesel Scandal Coverup
Volkswagen AG is being sued for 3.3 billion euros ($3.7 billion) over the cover-up of its polluting diesel engines, its biggest legal challenge in Germany after a wave of lawsuits in the U.S. ...
GM Ignition-Switch Case Plaintiffs Face Critical Legal Tests
People suing General Motors Co over a faulty ignition switch will get two chances in a Manhattan court this week to argue that the U.S. automaker should be held accountable for injuries, deaths and ...
Federal Judge Frees BP from U.S. Lawsuits Over Post-Gulf Spill Drilling Ban
BP Plc does not have to face U.S. lawsuits by energy and drilling companies over losses they suffered from an offshore drilling ban imposed soon after the 2010 Gulf of Mexico oil spill, a federal ...
Germanwings Crash Probe Proposes Airline Insurance to Address Pilot License Loss
Pilots would lose privacy protection for health records and airlines would need insurance when the employees lose their license under a proposal from the French air-safety agency that investigated ...
Home Depot Will Pay at Least $19.5M to Settle Data Breach Lawsuit
Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer will set up a ...
Apple Ransomware Attack Contained; More Mac Attacks Likely
The first known ransomware attack on Apple Inc.'s Mac computers, which was discovered over the weekend, was downloaded more than 6,000 times before the threat was contained, according to a developer ...