lawsuit News
PwC Settles Negligence Lawsuit Over MF Global’s 2011 Collapse
PricewaterhouseCoopers LLP has settled a $3 billion negligence lawsuit over the October 2011 collapse of MF Global Holdings Ltd, the futures and commodities brokerage once run by former New Jersey ...
Russia Allegedly Hacked Yahoo, But Cybersecurity Lapses Were Severe
When it comes to Yahoo's massive security breach, the company was right about one thing. Yahoo! Inc. has been saying since September that a state-sponsored actor was behind a hack in 2014 that ...
Uber Labor Settlement Paying Each Driver $1 Rejected by CA Judge
Uber Technologies Inc. failed to persuade a judge to approve a settlement offering 1.6 million California drivers an average of $1.08 each to dispense with alleged labor-code violations that their ...
Wells Fargo Phony Account Scandal May Be Bigger Than Previously Thought
More Wells Fargo & Co customers may have been affected by a scandal over phony accounts than previously believed, the third-largest U.S. lender said in a regulatory filing on Wednesday. Wells ...
Court Rules in J&J’s Favor Over Latest Talc Product Liability Lawsuit
Johnson & Johnson said on Friday that a state court jury in Missouri had returned a verdict in its favor in the latest trial to arise out of thousands of lawsuits alleging the company's ...
Victims of Takata’s Exploding Air Bags Seek to Delay $1B Settlement
People injured by Takata Corp.'s exploding air bags asked a judge to delay approving the $1 billion settlement with the U.S. hours before the car-parts maker was due to appear in court to plead ...
Anthem Wins Temporary Order to Stop Cigna From Terminating Merger
Anthem Inc on Wednesday won a temporary restraining order that blocks smaller rival Cigna Corp from officially terminating their proposed $54 billion merger, a transaction already rejected by U.S. ...
Greenberg, New York AG Dispute Admission of Wrongdoing in Fraud Settlement
Almost a dozen years ago, then-New York Attorney General Eliot Spitzer filed a fraud lawsuit against former American Insurance Group Inc. CEO Maurice "Hank" Greenberg over two reinsurance ...