lawsuit News
A.M. Best, SNL Financial Settle Copyright Infringement Suit
A.M. Best Company has resolved a copyright infringement lawsuit against SNL Financial dating back to 2011. Neither side is disclosing detailed terms of the confidential settlement, which addresses ...
MasterCard Hit by U.K. Class Action Suit Over Processing Fees
Consumers in the U.K. are preparing a 19 billion-pound ($24.7 billion) class action lawsuit against MasterCard Inc., almost two years after a European Union court ruled the processing fees the ...
Ex-Allstate Employees Awarded $27M in Defamation Lawsuit Verdict
A federal jury has awarded more than $27 million to four former Allstate employees who sued the insurer for defamation. The Chicago Tribune reported the employees worked for a now-defunct equity ...
Two U.S. Funds Sue Multiple Banks Alleging Singapore Rate Rigging
Two U.S.-based investment funds have filed a lawsuit in New York against dozens of banks accusing them of conspiring to rig derivative prices incorporating Singapore interest rate benchmarks, a court ...
Airbnb Seen as Winning Legal Battle Against Hometown San Francisco
San Francisco has picked a fight with Airbnb that it probably can't win. On Monday, the home-rental business filed a lawsuit against its hometown, saying that San Francisco's attempt to get Airbnb to ...
VW’s $15B Diesel-Cheating Settlement Will Only Go Higher in Months Head
Volkswagen AG's $15.3 billion agreement to get a half million emissions-cheating diesel vehicles off U.S. roads sets an auto-industry record that will only go higher as criminal probes and lawsuits ...
U.S. Brewer Yuengling Paying $10M to Settle Water Pollution Case
D.G. Yuengling and Son Inc, the oldest U.S. brewing company, will pay close to $10 million to settle charges it violated the federal Clean Water Act through the excessive discharge of pollutants by ...
TransCanada Files $15B NAFTA Claim on Obama Keystone XL Rejection
TransCanada Corp. is seeking to recoup $15 billion for the Obama administration's rejection of the Keystone XL oil pipeline, in a legal claim that highlights how foreign companies can use trade deals ...