Litigation/Liability Trends
HVAC Contractor at Center of Target Breach
The Target Corp hackers managed to break into its payments network by first breaching a "data connection" between the U.S. retailer and its heating and ventilation systems contractor, a ...
Study of Possible Wall Street Broker Conflicts Leaked; Authors Warn Against Quick Judgments
A new academic paper about potential conflict of interest in large retail brokers' routing of limit orders has stirred controversy on Wall Street and caught regulators' attention—even before the ...
Google Deal with European Commission in Sight
Google has offered further concessions to address regulatory concerns about its search technology, the European Commission said on Wednesday, effectively settling a three-year investigation and ...
FOREX Market Lawsuits Mount
As investigations into alleged manipulation of the global foreign exchange market advance, class actions against the world's biggest banks are piling up, exposing the banks to potentially billions of ...
Cameron Elliot: U.S. SEC Judge Who Took on ‘Big Four’ Accounting Firms Making Waves
Cameron Elliot, the U.S. administrative judge who recently delivered a stunning rebuke to the global "Big Four" accounting firms, has a reputation for not shying away from big cases. When he was a ...
Stolen Vendor Credentials Used in Target Breach
Target Corp. said on Wednesday that the theft of a vendor's credentials helped cyber criminals pull off a massive theft of customer data during the holiday shopping season in late 2013. It was the ...
Securities Class Actions Up in 2013 But Less Than Average
Plaintiffs filed 166 new federal securities class actions in 2013, a nine percent increase over 2012, however, the 2013 total is still 13 percent below the average from 1997 to 2012 despite being ...
Oil Train Catastrophe Risk Weighs on Insurers: Kemp
In the event of a mass-casualty accident involving the derailment of a crude-carrying train in a densely populated urban area, who would be responsible for the compensation for deaths, injuries, ...