Litigation/Liability Trends
SCOTUS Won’t Revive Wells Fargo Accounts Scandal Suit
The U.S. Supreme Court on Monday rebuffed a bid by current and former employees of Wells Fargo & Co to revive a lawsuit over losses to their retirement plan following a scandal over fake accounts ...
Liberty Mutual and TuSimple to Assess Autonomous Truck Safety
Liberty Mutual Insurance plans to work with TuSimple, a self-driving technology company, to assess if autonomous trucks are safer than human-driven vehicles. Specifically, the companies will compare ...
Swiss Cybersecurity Firm Acronis Nails Down $250M Financing Round
Swiss cyber security firm Acronis said on Tuesday it has received more than $250 million in a financing round led by CVC Capital valuing it at more than $2.5 billion. Founded in Singapore in 2003, ...
Federal Appeals Court Upholds Dismissal of Insurance Executive’s Whistleblower Suit
A federal appellate court upheld the dismissal of a whistleblower lawsuit filed by an insurance executive who was fired after allegedly submitting false expense reports and encouraging employees ...
Google Fights Back Against UK Class Action Over Alleged iPhone Tracking
A proposed multi-billion pound British class action against Google, which alleges the internet giant secretly tracked millions of iPhone users, is not viable and should not be allowed to proceed, the ...
Three Senators Want to Create Mandatory Driver Monitoring Systems
Three Democratic U.S. senators on Monday said they are introducing legislation that would require U.S. regulators to mandate installation of driver-monitoring systems to ensure motorists pay ...
SCOTUS Pursues Biden Administration Views on VW Emissions Case
The U.S. Supreme Court on Monday asked President Joe Biden's administration to weigh in on whether Volkswagen AG can be sued by local governments in Florida and Utah for damages stemming from the ...
GEICO Must Pay $2.7M to Settle Claim After Rejecting $30,000 Payout
GEICO Indemnity Co.'s refusal to settle a bodily injury claim for $30,000 will cost it more than $2.7 million, under a ruling Monday by the Georgia Supreme Court. The high court's 7-0 decision ...