Litigation/Liability Trends
Wildfire Lawsuit Plaintiffs Get Record Settlement from Aussie Electric Co.
Survivors of one of Australia's deadliest wildfires are to be awarded nearly 500 million Australian dollars in a class-action settlement reached last Tuesday, the largest such compensation in the ...
Lung Experts Urge Ban on E-Cigarettes Citing Unknown Health Impacts
Experts from the world's leading lung organizations have released a position statement on electronic cigarettes, focusing on their potential adverse effects on human health and calling on governments ...
EEOC Toughens Protections for Pregnant Workers
For the first time in 30 years, the federal government is issuing new guidelines designed to protect pregnant workers from on-the-job discrimination. The Equal Employment Opportunity Commission ...
AIG, Bank of America Settle Dust-Up Over Mortgage-Backed Securities
American International Group said it will get at least $650 million from Bank of America as part of a legal settlement involving toxic residential mortgage-backed securities. With the settlement, yet ...
Botnet Viruses Heighten Computer Hijacking Risk
The threat posed by criminal hackers who use networks of secretly hijacked computers has increased "dramatically" over the past several years, a top U.S. Justice Department prosecutor testified ...
Greek Investors Sue Cyprus Over Its Solution to 2013 Financial Crisis
Cyprus faces a lawsuit from close to 100 Greek investors who accuse the country of costing both depositors and bondholders of two banks millions of dollars in the wake of its financial crisis and ...
Sharing Insider Stock Tips on the Golf Course? The SEC is Listening
On Friday, the Securities and Exchange Commission announced that it charged a group of golfing buddies, who made more than a half-million dollars, with trading on inside information. In a complaint ...
Climate Change May Bring More Kidney Stones
As daily temperatures increase, so does the number of patients seeking treatment for kidney stones. In a study that may both reflect and foretell a warming planet's impact on human health, a research ...