Latest Lawsuits Headlines
All the headlines from our Lawsuits Topic Page, ordered by recency.
Options Backdating Settlement Has Important D&O Insurance Implications
Dec 6 2009 // In what may be a watershed event for the directors and officers (D&O) insurance industry, the parties to the consolidated federal options backdating-related shareholders’ derivative lawsuit involving Broadcom...
Rhode Island Hospital Apology Prompts Actor Woods to Settle Suit
Dec 3 2009 // Oscar-nominated actor James Woods settled a lawsuit against a Rhode Island hospital where his brother, Michael, died, a judge announced this week. A hospital executive apologized and agreed to start an institute in his...
Ohio AG Sues Repair Company Accused of Scamming Fire Victims
Dec 2 2009 // Ohio Attorney General Richard Cordray has sued Columbus Fire Repair (Nation’s Construction LLC) alleging the company targeted and scammed Ohioans whose homes were recently damaged by fire. The lawsuit filed in the...
Supreme Court Hears Vioxx Arguments on Investor Lawsuits
Dec 2 2009 // Lawyers for Merck & Co. told the Supreme Court this week that investors waited too late and didn’t do all of the necessary investigations to sue the drug maker over whether it properly warned about the risks of...
Lawsuits Over Tennessee Valley Coal Ash Spill On the Rise
Dec 1 2009 // The number of lawsuits filed against the Tennessee Valley Authority over a massive coal ash spill in Roane County has risen to 14. A breach in an earthen dike at the Kingston Fossil Plant sent 5.4 million cubic yards of...
Supreme Court to Decide Reach of Securities Law Outside U.S.
Nov 30 2009 // The Supreme Court said Monday it would decide when U.S. laws against securities fraud apply to transnational securities dealings, specifically involving a case about a shareholder lawsuit against National Australia Bank...
Stanford Sues Lloyd’s of London for Defense Fees Under D&O Policy
Nov 25 2009 // Allen Stanford, who faces U.S. criminal and civil charges for allegedly leading a $7 billion Ponzi scheme, is suing Lloyd’s of London for defense costs. Lloyd’s had advanced some legal fees under a directors...
Miami Condo Association Sues QBE Insurance Over Hurricane Claims
Nov 25 2009 // A Miami condominium association is suing its insurer, QBE Insurance Corp., and its Florida general managing agent, for more than $500 million in damages, claiming bad faith and deception in handling hurricane...
Florida Lawsuit Claims TD Bank Was ‘Epicenter’ in Alleged Ponzi Scheme
Nov 23 2009 // TD Bank was hit with a multimillion-dollar lawsuit Friday calling it the “financial epicenter” of an alleged Ponzi scheme run by disgraced Florida lawyer Scott Rothstein. The unit of Canada’s...
Katrina MRGO Ruling Could Bring New Deluge of Lawsuits
Nov 23 2009 // A landmark court ruling blaming the Army Corps of Engineers’ “monumental negligence” for some of the worst flooding from Hurricane Katrina could lead to a new deluge: billions of dollars in legal action...
Pennsylvania Woman Can’t Re-Sue Ernst & Young for $103M
Nov 20 2009 // A federal appeals court says a western Pennsylvania woman isn’t entitled to a new trial on her claim that an accounting error by Ernst & Young cost her $103 million. The Pennsylvania Superior Court two years ago...
Court: Owners of Truck in Fatal Connecticut Crash Can Sue Insurer
Nov 20 2009 // The Connecticut Supreme Court reinstated a lawsuit Wednesday brought by the owners of a dump truck involved in a fiery crash in Avon in 2005 that killed four people and injured 11 others.In its decision, the high court...
Ohio AG Sues National Ratings Agencies Over Securities Information
Nov 20 2009 // Ohio Attorney General Richard Cordray has filed a lawsuit against national securities and credit ratings agencies Standard & Poor’s, Moody’s and Fitch over what the AG’s office called “false...
Nebraska Court: West Nile Virus Suit Against Union Pacific Can Continue
Nov 19 2009 // A Nebraska appeals court has reinstated a lawsuit from a former Union Pacific Railroad worker who claims the company should have better protected her from West Nile virus. Vivika Deviney contracted the disease in 2003...
University of Michigan Pays $1 Million to Settle Student’s Dismissal Lawsuit
Nov 16 2009 // The University of Michigan is paying $1 million to settle a lawsuit with a former dental student who claimed she was illegally kicked out of school, according to a document obtained by The Associated Press. The AP reported...
Marsh & McLennan Settles Pension Plans’ Suit for $400 Million
Nov 16 2009 // Insurance broker Marsh & McLennan Cos. Inc. will pay $400 million as part of a class action settlement filed five years ago by state pension plan administrators in New Jersey and Ohio in connection with a probe of the...
Family Sues over Connecticut Woman’s Bathrobe Fire Death
Nov 15 2009 // The family of an elderly Connecticut woman who died after her chenille bathrobe caught on fire has filed a $30 million lawsuit against the retailer for wrongful death and product liability. Atwilda Brown, 80, was making...
Pa. Court: Earlier Asbestos Settlement Has No Impact on New Suit
Nov 15 2009 // The estates of two men who died of asbestos-related lung cancer years after receiving a settlement for increased risks and fear of the disease can sue another manufacturer of the material under the so-called...
Family Sues over Boy’s Death at Massachusetts Gun Show
Nov 11 2009 // The family of an 8-year-old boy who fatally shot himself at a gun show in western Massachusetts say the Uzi submachine gun jammed twice before he lost control of the weapon and fired into his head. The family of...
Aha! Mutual of Omaha and Winfrey Settle Lawsuit
Nov 11 2009 // Mutual of Omaha may have had its own “aha moment.” The Omaha, Neb.-based insurance company has decided to settle its lawsuit against Oprah Winfrey’s production company over rights to the phrase. Jim...
