Articles by Jonathan Stempel

New York Governor Presses Banks, Insurers to Weigh Risk of NRA Ties

New York Governor Andrew Cuomo on Thursday ramped up pressure on banks and insurers to revisit whether their ties to the National Rifle Association and other gun rights groups harm their reputations and the public interest. Cuomo, a Democrat, noted …

Data Breach Victims Get Second Chance Against Barnes & Noble

A federal appeals court revived a lawsuit seeking to hold Barnes & Noble Inc. responsible for customer losses from a 2012 data breach, where fraudsters tampered with payment verification machines known as PIN pads at 63 bookstores in nine U.S. …

Terrorist Attack Victims Seek to Restart Lawsuit Against Facebook After Zuckerberg Testimony

A lawyer for victims of terrorist attacks in Israel on Monday urged a federal appeals court to revive their lawsuit against Facebook Inc., saying Mark Zuckerberg’s congressional testimony undermined the social media company’s argument that it bore no responsibility for …

Exxon Loses Bid to Stop States from Probing If It Lied About Climate Change

A federal judge on Thursday dismissed Exxon Mobil Corp.’s lawsuit seeking to stop New York and Massachusetts from probing whether the oil and gas company covered up its knowledge about climate change and lied to investors and the public about …

Judge Certifies Class Action Accusing Goldman Sachs of Gender Discrimination

A federal judge ruled that women accusing Goldman Sachs Group Inc. of discriminating against them in pay, promotions and performance reviews may pursue their claims as a group in a class-action lawsuit. The decision late Friday afternoon by U.S. District …

Judge Says President Trump Not Immune to Defamation Suit Over ‘Unofficial Conduct’

A New York state judge on Tuesday said U.S. President Donald Trump must face a defamation lawsuit by a woman who accused him of sexually harassing her after she appeared on his former reality TV show. The decision by Justice …

Federal Appeals Court Sides with Financial Firms, Voids Obama Fiduciary Rule

A federal appeals court on Thursday voided the U.S. Department of Labor’s “fiduciary rule,” which had been adopted in 2016 under the Obama administration to curb conflicts of interest among providers of financial advice to Americans planning for retirement. The …

Miley Cyrus Faces $300M Copyright Infringement Claim for ‘We Can’t Stop’ Song

Miley Cyrus was sued for $300 million on Tuesday by a Jamaican songwriter who said the pop singer’s 2013 smash “We Can’t Stop” closely resembles a song he recorded 25 years earlier, and that she is infringing his copyright. Michael …

Yahoo to Face Lawsuit Over Breach of 3 Billion Users’ Data

Yahoo has been ordered by a federal judge to face much of a lawsuit in the United States claiming that the personal information of all 3 billion users was compromised in a series of data breaches. In a decision on …

Facebook Settles Shareholders’ Claims Over 2012 IPO

Facebook Inc and Chief Executive Mark Zuckerberg have reached a $35 million settlement of class-action litigation accusing them of hiding worries about the social media company’s growth prior to its May 2012 initial public offering. The settlement was filed on …