Articles by Jonathan Stempel

N.Y. Law Firm Skadden May Be Required to Pay Overtime for Temp Attorneys

A federal appeals court said on July 23 the New York law firm Skadden, Arps, Slate, Meagher & Flom may owe overtime pay to a contract lawyer for performing non-legal work, a decision that could make it more costly for …

Lehman Exec Defeats Employee Lawsuit Over Retirement Losses

A U.S. federal judge on Friday dismissed a lawsuit by former Lehman Brothers Holdings Inc employees seeking to hold onetime Chief Executive Richard Fuld liable for their retirement plan losses as the Wall Street bank plunged into its 2008 bankruptcy. …

Corzine, Ex-MF Global Officials Agree to Settle Investor Lawsuit for $64.5M

Jon Corzine and other former MF Global Holdings Ltd officials have reached a $64.5 million settlement of litigation brought by investors seeking to hold them liable for the now-defunct futures brokerage’s 2011 bankruptcy. The preliminary all-cash settlement with Corzine, who …

Insurance Claims Specialist Wins $230K in Robocall Complaint Against Time-Warner

Many people dislike receiving robocalls. Araceli King disliked receiving 153 of them from a single company. Time Warner Cable Inc. must pay the insurance claims specialist $229,500 for placing 153 automated calls meant for someone else to her cellphone in …

Buffett Donates Record $2.84 Billion to Gates Foundation, Family Charities

Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc. stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire’s plan to give away nearly all of his wealth. The 10th …

Federal Judge Approves $53.8M Settlements for 82 WTC Cleanup Workers

A federal judge has approved $53.8 million in settlements for 82 unionized cleanup workers who claimed they were made ill by exposure to toxic dust near the World Trade Center site, court papers showed. The workers were among roughly 1,000 …

Google Suspects Movie Studios Conspired with Mississippi Attorney General

Google Inc. has asked a federal judge to require three major movie studios to comply with subpoenas it believes may help show they conspired with Mississippi Attorney General Jim Hood as he investigated the Internet search company. In a request …

JetBlue: No Way to Prevent Pilot’s Meltdown

JetBlue Airways Corp. believes it had no way to know it should have grounded a former pilot before his midair meltdown forced an emergency landing, and that his $14.9 million damages lawsuit should be dismissed. “There is absolutely nothing JetBlue …

BP Wins Bid to Appeal Some Gulf Oil Spill Damage Claims

A U.S. federal appeals court said on Friday BP Plc deserves the right to appellate review of some damage claims awarded to people and businesses in connection with the 2010 Gulf of Mexico oil spill. The decision by the 5th …

Viacom to Pay $7.2M to End Wage Lawsuit by Thousands of Interns

Viacom Inc agreed to pay $7.21 million to settle a class-action lawsuit by thousands of former interns who said the owner of Comedy Central, MTV and Nickelodeon did not pay them, despite their having done work similar to paid employees. …