Litigation/Liability Trends
Madoff Victims Seek $40B from Compensation Fund
The overseer of a U.S. fund to compensate victims of Bernard Madoff's Ponzi scheme on Tuesday said he has received roughly 51,700 claims seeking to recoup more than $40 billion, both totals far ...
EU Court Backs ‘Right to Be Forgotten’ in Google Ruling
Google Inc. may be ordered to remove personal information from its search engine after the European Union's top court paved the way for citizens to have a "right to be forgotten." "Links and ...
Warning: Fuel Production Process Heightens Okla. Earthquake Risks
Central Oklahoma is at serious risk of a damaging earthquake, the U.S. Geological Survey and the Oklahoma Geological Survey said, pointing to the injection of wastewater into deep geologic formations ...
FAA Reports Recent Near-Collision of Jet With Drone
Federal officials say a U.S. jet airliner nearly collided in March with an airborne drone in the sky over Tallahassee, Florida. Jim Williams of the Federal Aviation Administration's unmanned aircraft ...
Class Action Threat: Corp. Bylaws Can Make Suing and Losing Investors Pay Legal Costs, Says Delaware Supreme Ct.
Delaware's Supreme Court has ruled that corporations can adopt bylaws requiring an investor who sues and loses to pay the company's legal costs, potentially upending the economics of a booming type ...Cyber-Security Software Boom Boosts Symantec’s Prospects
Symantec Corp. is benefiting as hacking attacks fuel higher demand for cyber-security software, while cost cuts are bolstering profits. The biggest maker of antivirus tools issued a revenue forecast ...
Insurers Tapped for Part of Potential $100M Settlement Over U.S. Meningitis Outbreak
The trustee overseeing the bankruptcy of a Massachusetts pharmacy linked to a 2012 meningitis outbreak that killed 64 people asked a judge on Tuesday to approve a settlement that would pay out $100 ...
Samsung to Pay Apple Roughly $120M for Three Infringed Patents
A U.S. jury on Monday left the total damages Samsung Electronics Co Ltd must pay Apple Inc. unchanged at $119.6 million, after additional deliberations in a trial where the South Korean smartphone ...