Litigation/Liability Trends
Jury Finds Exxon Liable For $236.4M In MTBE Suit
A New Hampshire jury on Tuesday found Exxon Mobil Corp liable for $236.4 million in a civil lawsuit that charged the oil company had polluted groundwater in the state with a gasoline additive used to ...
NFL, Ex-Players Prep For Court Battle Over Concussions
With perhaps billions of dollars at stake, a hearing Tuesday over concussion litigation filed against the NFL promises to be a brawl between legal heavyweights. About 4,200 former players have sued ...
Global Crowdfunding Volumes Up 81% In 2012; More Than Half From U.S. Websites
Crowdfunding websites helped companies and individuals worldwide raise $2.7 billion from members of the public in 2012, an 81 percent increase on the previous year, data showed on Monday. As banks ...
Guide To Preventing Class-Action Disasters Arising From Natural Catastrophes
According to recent estimates, total insured losses for Superstorm Sandy will total at least $25 billion. This figure dwarfs the $4.5 billion in estimated losses caused by Hurricane Irene in 2011. ...Judge Questions Citigroup $590 Million Shareholder Settlement
A Manhattan federal judge on Monday signaled he will not rubber-stamp Citigroup Inc.'s proposed $590 million settlement of a shareholder lawsuit accusing it of hiding tens of billions of dollars of ...
Should Tweeting CEOs Be Muzzled or Glorified?
If the CEO of a public company posts good news about the company's booming business on Facebook, does that same CEO have an obligation to post information about a subsequent business decline? The ...
End of Road for Auto Insurance
The auto insurance industry is dead. The last non-renewal notice has been sent, the last credit score has been calculated, and the last tee time made by a personal lines marketing rep has been moved ...S&P Wants Fraud Charges Moved to Federal Court; Justice Department Opposes
The U.S. Department of Justice opposed Standard & Poor's efforts to move a spate of lawsuits charging the ratings agency with fraud to federal from state courts. Standard & Poor's is seeking ...