Appeals Court Thwarts Goldman Shareholders’ Class Action Over Subprime Securities January 16, 2018 By Jonathan Stempel A U.S. appeals court said a shareholder lawsuit accusing Goldman Sachs Group Inc. of fraudulently claiming to put client interests...
Billionaire Rennert Files Malpractice Lawsuit Over $213M Judgment January 10, 2018 By Jonathan Stempel Billionaire Ira Rennert has filed a $214 million malpractice lawsuit against his former law firm, after a jury found him...
Uber Settles New York Drivers’ Class Action Over Fees for $3 Million January 10, 2018 By Jonathan Stempel Uber Technologies Inc. agreed to pay up to $3 million to settle a proposed class-action lawsuit brought on behalf of...
Judge Tosses ‘Underfilled Lattes’ Class Action Against Starbucks January 8, 2018 By Jonathan Stempel Starbucks Corp. has won the dismissal of a U.S. lawsuit accusing the coffee chain of overcharging customers by underfilling lattes...
Idaho Ban on Secret Farm Videos Voided by Court January 5, 2018 By Jonathan Stempel A federal appeals court has declared unconstitutional Idaho’s bans on shooting secret videos and lying to enter factory farms to...
GM Court Win Could Narrow Ignition Switch Liability Litigation January 2, 2018 By Jonathan Stempel General Motors Co. on Dec. 28 won a court ruling that could reduce the private litigation it faces over flawed...
Despite Insurance Losses, Berkshire Stock Joins Exclusive Club December 18, 2017 By Jonathan Stempel Berkshire Hathaway Inc.’s stock price touched $300,000 for the first time on Monday, reflecting investors’ confidence in Warren Buffett’s conglomerate...
Insurers Asked to Pay $90 Million to Settle Shareholder Claims Over Fox News Sexual Harassment November 21, 2017 By Jonathan Stempel Twenty-First Century Fox Inc. has reached a $90 million settlement of shareholder claims arising from the sexual harassment scandal at...
Berkshire Insurance Units Take Q3 Hit from U.S. Hurricanes, Mexico Earthquake November 6, 2017 By Jonathan Stempel Bad weather hurt Warren Buffett’s Berkshire Hathaway Inc. in the third quarter, as insurance losses tied to Hurricanes Harvey, Irma...
AIG, Insurer for Disney/ABC, Balks at Paying Part of ‘Pink Slime’ Settlement October 27, 2017 By Jonathan Stempel American International Group Inc. on Thursday sued Walt Disney Co. to avoid having to reimburse the parent of ABC News...