AUSTIN, Texas Republican Ted Cruz asked a federal court in Houston to throw out a lawsuit questioning whether he is eligible to be president of the United States because he was born in Canada, saying the case against him “suffers from fatal deficiencies.” Lawy... More »
The former JPMorgan Chase & Co trader who became known as the “London Whale” as his unit generated $6.2 billion of trading losses in 2012 said he is not to blame for the scandal and was made a scapegoat for decisions made by his superiors. In a roughly 2,100-w... More »
NEW YORK – Bill Cosby’s lawyers may face difficulty in convincing a Pennsylvania judge this week to throw out sexual assault charges in light of what the disgraced comedian’s defense team characterizes as a decade-old non-prosecution deal, legal experts said. ... More »
TOKYO Fifty individual shareholders of Toshiba Corp sued the Japanese conglomerate in Tokyo on Monday, seeking 301.99 million yen ($2.45 million) in damages after the firm’s stock plunged in the wake of a multi-billion dollar accounting scandal. The lawsuit ag... More »
A New York-based investment adviser filed a class action lawsuit against Barclays Plc on Friday alleging that rigged foreign exchange trading practices at the bank caused “significant damages” to its trading partners. The suit by Axiom Investment Advisors LLC,... More »
VIENNA Austrian student Max Schrems’s attempt to bring a class-action lawsuit against Facebook (FB.O) over its privacy policies will head to Austria’s Supreme Court to determine whether such collective legal action is allowed, his group said on Monday. The law... More »
SAN FRANCISCOApple Inc (AAPL.O) defeated a U.S. class action lawsuit brought by Apple retail workers over bag search practices at the company’s California brick and mortar outlets, according to a court ruling on Saturday. The decision, from U.S. District Judge... More »
SAN FRANCISCO A driver for Google’s same day delivery service filed a proposed class action lawsuit against the company on Friday, alleging it improperly classified her as an independent contractor and owes expenses. The case, filed in a Massachusetts state co... More »
NEW YORK Bank of America Corp has reached a $335 million settlement of a federal lawsuit accusing it of misleading shareholders about its exposure to risky mortgage securities and its dependence on an electronic mortgage registry known as MERS. The second-larg... More »
NEW YORK Two more women accused comedian Bill Cosby of sexual misconduct on Friday, and their attorney Gloria Allred said she has been contacted by even more women who are prepared to say the same. The two women join more than 50 who have come forward to accus... More »
Cablevision Systems Inc and Viacom Inc have settled an antitrust lawsuit in which Cablevision had accused Viacom of forcing distributors and subscribers to buy channels they did not want. Cablevision and Viacom are simultaneously entering into “mutually benefi... More »
LOS ANGELES The attorney representing a woman suing Bill Cosby for sexually abusing her when she was 15, will deliver an update on a deposition the comedian was scheduled to give Friday. Attorney Gloria Allred, representing accuser Judy Huth, said she will giv... More »
NEW YORK Chemical giant DuPont Monday will face the first trial in litigation from residents near one of its plants in West Virginia who have accused the company of sickening them by emitting a toxic chemical that leaked into their drinking water. Carla Marie ... More »
Infidelity website Ashley Madison and its parent company have been sued in federal court in California by a man who claims that the companies failed to adequately protect clients’ personal and financial information from theft, saying he suffered emotional dist... More »
MUMBAI/ NEW DELHI The Indian government has filed a lawsuit against Swiss food firm Nestle’s Indian unit, seeking 6.4 billion rupees ($99 million) in damages on behalf of consumers after the country’s worst packaged food scare in a decade. Nestle, the first fo... More »
MUMBAI The Indian government has filed a class action suit for 6.4 billion rupees ($99 million) against Nestle’s Indian unit on behalf of the country’s consumers, citing unfair trade practices and the sale of defective goods. Nestle is the first foreign firm t... More »
