Kraft Heinz, 2 Execs to Pay $62M to Settle Charges of False Accounting September 7, 2021 By Chris Prentice, Susan Heavey and Jonathan Stempel The Kraft Heinz Company and two former executives have agreed to pay more than $62 million to settle charges they...
Judge Says Apple Must Face Siri Privacy Lawsuit September 3, 2021 By Jonathan Stempel A federal judge on Thursday said Apple Inc. must face nearly all of a proposed class action lawsuit claiming that...
SEC Sues Founder of Closed BitConnect Exchange Alleging $2B Fraud Scheme September 2, 2021 By Jonathan Stempel The top U.S. securities regulator on Wednesday sued the founder of the now-defunct cryptocurrency exchange platform BitConnect over his alleged...
Court Revives Bernie Madoff Customers’ $343M Clawback Suit Against Citigroup August 31, 2021 By Jonathan Stempel A U.S. appeals court said the trustee liquidating Bernard Madoff’s firm can pursue a $343.1 million clawback lawsuit against Citigroup...
UnitedHealth Pays Restitution, Fine to Settle Charges It Illegally Denied Coverage August 13, 2021 By Jonathan Stempel UnitedHealth Group Inc., the largest U.S. health insurer, has settled federal and New York state charges it illegally denied coverage...
Amazon Loses Bid to Halt New York Warehouse COVID Safety Probe August 11, 2021 By Jonathan Stempel A federal judge on Tuesday dismissed Amazon.com Inc’s lawsuit to block New York’s attorney general from investigating the online retailer’s...
Netflix Must Face Defamation Lawsuit by Prosecutor Over Central Park Five Case August 10, 2021 By Jonathan Stempel A federal judge on Monday ordered Netflix Inc. to face a defamation lawsuit by former Manhattan prosecutor Linda Fairstein over...
Judge Tosses Patent Infringement $308M Jury Verdict Against Apple August 9, 2021 By Jonathan Stempel Apple Inc. persuaded a federal judge to throw out a $308.5 million jury verdict it lost to a privately-held licensing...
Judge Says LinkedIn Must Face Lawsuit Claiming It Overcharged Advertisers August 5, 2021 By Jonathan Stempel A U.S. judge said Microsoft Corp.’s LinkedIn must face a lawsuit claiming it inflated the number of people who watched...
Jury in Talcum Powder Trial Finds J&J Not to Blame for Woman’s Death August 2, 2021 By Tom Hals and Jonathan Stempel An Illinois jury on Friday refused to hold Johnson & Johnson liable for a woman’s death from ovarian cancer, which...