Litigation/Liability Trends
Could Smart Computers Really Replace Half of U.S. Jobs?
Who needs an army of lawyers when you have a computer? When Minneapolis attorney William Greene faced the task of combing through 1.3 million electronic documents in a recent case, he turned to a ...
Company Mergers in U.S. Ignore 60-Day ‘Cooling Off’ Period: Reuters
Sometime soon, maybe in the next month or so, a federal judge is expected to decide whether the creation of the world's biggest passenger airline, as envisioned by two companies and the U.S. Justice ...
HSBC, Wells Fargo Forced-Property Insurance Suits Settled
HSBC Holdings Plc and Wells Fargo & Co. have agreed to settle lawsuits by mortgage holders who alleged they were forced to pay for property insurance at inflated rates. HSBC will pay as much as ...
Farmers Told to Pay Oklahoma Trio $15M
An Oklahoma judge has ordered Farmers Insurance and a subsidiary to pay a total of $15 million to three plaintiffs who filed claims for damage to their homes caused by a deadly tornado that struck ...
Supreme Court Justices Grapple with Rules for Class Actions
U.S. Supreme Court justices sought a middle ground to preserve class-action shareholder lawsuits as they heard a case testing the legal rules that have fostered thousands of cases over the past ...
Visa CFO Says Industry Fraud Costs to Soar as Hackers Innovate
Payment networks, retailers and banks will continue to face significant costs to address fraud as hackers find new ways to steal data, according to Byron Pollitt, chief financial officer of Visa Inc. ...
Lawyer Says S&P’s Global Biz at Risk on Australia Liability Ruling
Standard & Poor's global business may be at risk after an Australian judge ruled the company misled investors with triple-A ratings on derivatives whose value plunged during the global financial ...
High Court to Determine Fate of Securities Class Actions
In a case eagerly watched by publicly traded companies regularly sued by investors, the U.S. Supreme Court will on Wednesday consider overruling a 26-year-old precedent that made it easier for ...