Articles by Jonathan Stempel

U.S. Charges Traders, Ukrainian Hackers with Stealing SEC Filings on Corporations

U.S. authorities on Tuesday charged a suspected Ukrainian computer hacker and several traders with scheming to trade on market-moving corporate earnings news stolen from a U.S. Securities and Exchange Commission database. The charges against 10 defendants, including two charged criminally, …

Judge Lets Berkshire Hathaway’s Dairy Queen Sue Over ‘Blizzard’ Trademark

A federal judge in Minnesota ruled this week that Dairy Queen, owned by Warren Buffett’s Berkshire Hathaway Inc., may pursue its lawsuit to stop W.B. Mason Co. from selling “Blizzard” bottled spring water, the name it uses for a popular …

Brewery Defeats Trademark Complaint by Conservative Icon Schlafly’s Heirs

Relatives of the late conservative activist Phyllis Schlafly on Monday lost their appeal to block a St. Louis, Missouri, craft brewery from trademarking the Schlafly name. In a 3-0 decision, the U.S. Federal Circuit Court of Appeals ruled in favor …

Judge Nixes U.S. Suit Against Malaysia Airlines, Insurer Allianz Over Plane Disappearance

A U.S. judge has dismissed nationwide litigation over the disappearance of Malaysia Airlines Flight MH370 in which victims’ families sought to hold the carrier, its insurer Allianz SE and Boeing Co. liable for the still-unexplained disaster. U.S. District Judge Ketanji …

U.S. Court Affirms Dismissal of IPO Investors’ Claims Against Barclays

Barclays Plc is not liable to investors who bought its U.S.-listed stock a few months before the 2008 financial crisis and accused the British bank of hiding its risky debt exposure and a capital shortfall, a U.S. court ruled on …

Motel 6 Pays $7.6M to Settle Class Action Over Giving Guest Lists to Immigration Agents

Motel 6 will pay up to $7.6 million to Hispanic guests to settle a proposed class-action lawsuit claiming that it violated their privacy by regularly providing guest lists to U.S. Immigration and Customs Enforcement (ICE) agents. Terms of the preliminary …

Thai Soccer Boys’ Cave Rescuer Sues Musk for Defamation

Elon Musk, the chief executive of Tesla Inc., was sued for defamation on Monday for falsely suggesting that a British caver who helped rescue 12 boys and their soccer coach from a Thailand cave in July was a pedophile and …

Roy Moore Files $95M Defamation Suit Against CBS, Comedian Cohen

Roy Moore, the former U.S. Senate candidate from Alabama, on Wednesday filed a $95 million defamation lawsuit against Sacha Baron Cohen, claiming he was duped into appearing on the British comedian’s Showtime series “Who Is America?” and falsely portrayed as …

Barnes & Noble Calls Fired CEO’s Defamation Claims ‘Lies and Mischaracterizations’

Barnes & Noble Inc. was sued on Tuesday by a former chief executive officer who said the largest U.S. bookstore chain falsely accused him of violating its sexual harassment policy before firing him after 14 months on the job. In …

Google Accused of Illegally Tracking, Violating Privacy of Smartphone Users

Google has been accused in a lawsuit of illegally tracking the movements of millions of iPhone and Android phone users even when they use a privacy setting to prevent it. According to a complaint filed late Friday, Google falsely assures …