lawsuit News
Goldman Sachs Accused of Selling Out Client to Curry Malaysian PM’s Favor
Goldman Sachs Group Inc. has another Malaysia problem. The New York-based bank, already under scrutiny by regulators over its fundraising for the embattled 1Malaysia Development Bhd, is now accused ...
EU, Consumer Groups Pressure VW for Compensation
Europe's Commissioner for Justice is working with EU consumer groups to pressure Volkswagen to compensate clients in Europe as it has in the United States over the diesel emissions scandal. The ...
JPMorgan Will Fork Over $200M to Resolve Asia Hiring Probes
JPMorgan Chase and Co is expected to pay about $200 million to settle criminal and civil probes over its Asian hiring practices, according to a person familiar with the matter. A settlement, which ...
Counts Reduced Against Group Charged in BP Oil Spill Fraud Case
A Texas lawyer and six co-defendants are now facing a reduced indictment of 73 charges, instead of 95, at federal trial on accusations that they faked more than 40,000 damage claims after the BP oil ...
Tesla May Deflect Autopilot Liability Due to Huge Data Collection Effort
The large volume of data Tesla Motors Inc collects from its cars on the road has armed it with information to publicly counter, and possibly legally defend, claims about the safety of its Autopilot ...
Lawsuit Accuses VW ‘Top Brass’ of Orchestrating Emissions Cheating Years Ago
Volkswagen AG Chief Executive Officer Matthias Mueller became aware of emissions cheating a decade ago as part of a broad conspiracy orchestrated by "top brass," according to lawsuits filed by U.S. ...
AmTrust Abandons Lawsuit Against Italian Ex-Broker Over Bribery Claims
Insurance firm AmTrust Financial Services Inc. has filed to voluntarily dismiss all of its claims against one of its former insurance brokers in Italy who AmTrust alleged bribed an arbitrator. The ...
Several States Plan to Sue VW Over Diesel Emissions Scandal
New York and Maryland are among several states planning to sue Volkswagen AG over the environmental damage done by devices that were designed by the carmaker to cheat on pollution-control tests. ...