directors and officers liability News
Suit Accuses CBS Execs of Selling Stock Before Disclosing Moonves Sexual Harassment Claims
CBS Corp. executives sold more than $200 million in company shares before disclosing to the public claims of sexual harassment against former CEO Les Moonves and other network officials, a California ...
D&O Liability Carriers May Have a Challenging Year: Fitch Ratings
Trouble is ahead in 2018 for carriers in the directors & officers liability insurance space, Fitch Ratings warns in a new market update. The cause: heavy competition and pricy claims trends. ...
Chubb Among Chorus of Companies Cutting Promotional Ties With NRA
Some of the biggest names in corporate America are coming under mounting pressure to cut ties with the National Rifle Association as gun safety activists on Friday intensified calls for a boycott in ...
Judge Rejects Wells Fargo Bid to End Predatory Lending Lawsuit
A federal judge in Philadelphia on Tuesday rejected Wells Fargo & Co'.s bid to dismiss that city's lawsuit accusing the largest U.S. mortgage lender of predatory lending targeting black and ...
Age Discrimination Suit Focuses on Facebook Ads Allowing Employers to Target Younger Workers
Several U.S. employers engaged in age discrimination by placing recruitment ads on Facebook targeting younger workers, according to a lawsuit filed on Wednesday by a communications industry labor ...
For Over a Year, Uber Concealed Cyber Attack That Exposed 57 Million People’s Data
Hackers stole the personal data of 57 million customers and drivers from Uber Technologies Inc., a massive breach that the company concealed for more than a year. This week, the ride-hailing company ...
Four Auto Makers Agree to $553M Settlement Over Takata Airbag Inflators
Four automakers agreed to a $553 million settlement to address class-action economic loss claims covering owners of nearly 16 million recalled vehicles with potentially defective Takata airbag ...
Wells Fargo Board Blames Ex-CEO, Other Exec for Much of Fake Account Scandal
Wells Fargo & Co.'s board clawed back an additional $28 million from former Chief Executive Officer John Stumpf and canceled about $47 million of ex-community bank head Carrie Tolstedt's stock ...