Latest Lawsuits Headlines
All the headlines from our Lawsuits Topic Page, ordered by recency.
Michigan Court Lowers Threshold for Damage Suits Under No-Fault
Aug 3 2010 // The Michigan Supreme Court has made it easier for auto accident victims to sue for pain and suffering under the state’s no-fault law. The new court ruling lowers the threshold of what is considered a serious...
Supreme Court Decision Limits Non-U.S. Companies’ Exposure to U.S. Securities Litigation
Aug 2 2010 // Securities lawsuits against BP and Toyota may be substantially narrowed, thanks to a recent Supreme Court decision. On June 24, 2010, in a long-awaited decision that will affect the circumstances under which non-U.S....
New York City Settles 50-Bullet Cop Lawsuit for $7M
Jul 30 2010 // The city of New York has agreed to pay more than $7 million to settle a civil lawsuit stemming from the fatal 50-bullet police shooting of an unarmed man on his wedding day. The settlement filed in Brooklyn federal court...
Survey: Public Opposes Allowing Policyholder Suits Against Insurers
Jul 29 2010 // A majority of Americans believe that laws allowing people to sue their own auto insurance company for punitive damages, in addition to receiving benefits for their insured claim losses, are not a good idea. New public...
Cleveland Loses Appeal of Suit Blaming Wall Street for Foreclosures
Jul 28 2010 // The city of Cleveland lost its appeal Tuesday of a lawsuit accusing 22 Wall Street bank and mortgage lenders of creating a public nuisance by creating risky mortgage securities to be sold to investors. A three-judge panel...
Court Dismisses Lawsuit Challenging Calif. Commissioner’s Actions
Jul 27 2010 // California Insurance Commissioner Steve Poizner is considering a recent court decision a victory for consumers, as a lawsuit that attempted to stop the Commissioner from protecting Californians in connection with the...
Massey Settles Lawsuit Over Miner’s Death for $2.1 Million
Jul 21 2010 // Massey Energy has settled a lawsuit filed by the family of a contract worker killed at one of the company’s West Virginia coal mines. Boone County Circuit Court records show Massey paid the family of Steven Cain $2.1...
Lead Paint Companies Appeal Rhode Island Decision on Lawsuit Cost
Jul 21 2010 // Companies that sold lead-based paint have appealed a judge’s decision denying them reimbursement for the cost of defending themselves against a lawsuit from Rhode Island. Superior Court Judge Michael Silverstein...
Investors Face Uphill Battle with Liability Lawsuits Against BP
Jul 20 2010 // Shareholders angry about BP Plc’s battered stock price are heading to the courthouse in hopes of reclaiming some of their losses, but they face an uphill battle. Since the Deepwater Horizon oil rig exploded in April,...
Goldman Sachs Deep Pockets May Still Make It Lawsuit Target
Jul 20 2010 // Goldman Sachs put one headache behind it by settling with U.S. securities regulators, but it looks like a tempting deep pocket for banks and hedge funds that bought subprime-backed mortgage securities. A day after the U.S....
Wash. Court Dumps Notice for Malpractice Lawsuits
Jul 19 2010 // The Washington state Supreme Court said it is unconstitutional to require 90 days notice before suing a doctor, marking the second time in less than a year the court has rejected a legislative attempt to reform medical...
Supreme Court Decision Limits Non-U.S. Companies’ Exposure to U.S. Securities Litigation
Jul 19 2010 // Securities lawsuits against BP and Toyota may be substantially narrowed, thanks to a recent Supreme Court decision. On June 24, 2010, in a long-awaited decision that will affect the circumstances under which non-U.S....
AIG to Pay $725M to Settle Securities Fraud Lawsuit
Jul 19 2010 // American International Group Inc. agreed to pay $725 million to settle a long-running securities fraud lawsuit led by three Ohio public pension funds, in one of the largest class action settlements in U.S. history. AIG,...
Goldman Sachs Settles with SEC for $550 Million
Jul 16 2010 // Goldman Sachs Group Inc. agreed to pay $550 million to settle civil fraud charges over how it marketed a subprime mortgage product, ending months of negotiations that rattled the bank’s clients and investors. The...
Lawsuit in Florida Targets Flood Insurance As Danger to Sea Turtles
Jul 15 2010 // The National Wildife Federation claims in a lawsuit that the Federal Emergency Management Agency’s flood insurance program is hurting sea turtles by spurring coastal development. The lawsuit filed in Miami federal...
Georgia Couples Who Own Land in Florida Sue BP
Jul 15 2010 // Two Atlanta couples are suing BP PLC for damages as a result of the Gulf oil spill. The class-action lawsuit, filed in the U.S. District Court of Northern Georgia, seeks compensation for loss of income, property value and...
Citigroup Loses Bid to Have Suit Over ‘Toxic’ Mortgages Dismissed
Jul 13 2010 // A Manhattan federal judge Monday rejected Citigroup Inc.’s bid to dismiss a class-action lawsuit by bondholders who said the bank misled them about its exposure to “toxic” mortgages. U.S. District Judge...
Georgia Tech Student Sues Over Fall from ‘Ramblin’ Wreck’
Jul 13 2010 // A Georgia Tech student is suing the school and a Cobb County metal fabricator after he suffered injuries when a hand rail broke and he fell off Tech’s iconic car, the Ramblin’ Wreck. Nicholas Brown’s...
Liberty Mutual Sues Goldman Sachs Over Fannie Mae Stock
Jul 12 2010 // Goldman Sachs Group Inc. was sued by Liberty Mutual Insurance Co. for fraudulently misleading it into buying preferred stock of mortgage financier Fannie Mae that would become “virtually worthless.” In a...
Wash. Court Dumps Notice for Malpractice Lawsuits
Jul 8 2010 // The Washington state Supreme Court said it’s unconstitutional to require 90 days notice before suing a doctor, marking the second time in less than a year the court has rejected a legislative attempt to reform...
