lawsuit News
Toronto Cab Drivers Sue to Halt Uber’s Advance
Toronto taxi drivers are launching a class-action lawsuit against ride-sharing company Uber Technologies Inc, seeking more than C$400 million ($307.27 million) in damages and an injunction to stop it ...
Asiana Airlines Reportedly Faces New Class Action Suit Over 2013 Plane Crash
South Korea's Asiana Airlines Inc is facing a new class action suit from passengers on a plane that crashed in San Francisco in 2013 that seeks a combined $30 million in damages, a lawyer for the ...
Hewlett-Packard Using $100M in Insurance to Settle ‘Botched Takeover’ Lawsuit
Hewlett-Packard Co. agreed to pay $100 million out of insurance proceeds to settle a lawsuit filed by shareholders who claimed they lost money in the botched takeover of Autonomy Corp., according to ...
EXOR Will Urge PartnerRe Shareholders to Reject AXIS Merger
EXOR lost its bid in a Bermuda court to obtain PartnerRe's non-public ownership details, losing access to information that would help it lobby shareholders directly about its $6.8 billion all-cash ...
EXOR Turns to SEC, Bermuda Lawsuit in Pursuit of PartnerRe
PartnerRe may be moving ahead on merger plans with AXIS Capital Holdings, but upstart bidder EXOR isn't going away quietly. The Italian investment firm disclosed that it is suing in a Bermuda court ...
Hospital Plaintiff Joins ‘Superbug’ Lawsuit Against Endoscope Maker Olympus
A Seattle hospital has joined a lawsuit against the manufacturer of endoscopy medical scopes linked to a "superbug" outbreak at the medical center, claiming the company, Olympus America Inc., put ...
Jury Favors Deloitte in Trial Alleging Faulty Audit Before Insurance Company Collapse
The question loomed for years: Was Deloitte & Touche LLP liable for allegedly faulty audits of Florida's Poe Financial Group, whose three property insurance subsidiaries went insolvent after a ...
AIG to Get $72M in Air Lease Lawsuit Settlement
American International Group Inc. is due to receive $72 million in payments under a settlement of the lawsuit against Air Lease Corp., the jet lessor founded by Steven Udvar-Hazy. Air Lease will make ...