Willis to Pay $120 Million to Settle Claims Over Stanford Ponzi Scheme Role September 9, 2016 By Jonathan Stempel The insurance brokerage Willis Towers Watson Plc has agreed to pay $120 million to settle litigation accusing it of helping...
Pennsylvania Reinstates Uber’s Record $11.4M Fine September 7, 2016 By Jonathan Stempel A Pennsylvania regulator on Thursday reinstated a record $11.4 million fine against the popular ride-sharing service Uber Technologies Inc. for...
Court Allows Banana Farmers’ Toxic Pesticide Claims Against Fruit, Chemical Firms September 7, 2016 By Jonathan Stempel Hundreds of banana farmers from Central America and South America will again have their day in court, after a U.S....
Judge Grants Uber’s Request to Put New York Price Fixing, Arbitration Lawsuit on Hold August 29, 2016 By Jonathan Stempel A federal judge on Friday granted a request by Uber Technologies Inc. and its chief executive officer to put a...
Texas Lawyer Accused of Fraud in BP Oil Spill Case Acquitted in Mississippi August 19, 2016 By Jonathan Stempel A prominent Texas lawyer was acquitted on Thursday of charges he made up thousands of fake clients to sue BP...
New York Judge: Hedge Fund Head’s $100M Defamation Claim Better Suited for Bahamas August 17, 2016 By Jonathan Stempel A New York state judge on Wednesday threw out billionaire hedge fund manager Louis Bacon’s $100 million defamation lawsuit against...
Improved Insurance Results Boost Berkshire Hathaway Q2 August 8, 2016 By Jonathan Stempel Berkshire Hathaway Inc. on Friday said its second-quarter profit rose 25 percent, helped by improvement in insurance underwriting, investment gains...
Judge Rejects PwC Bid to Dismiss $1B Malpractice Suit Over MF Global Collapse August 8, 2016 By Jonathan Stempel A federal judge rejected PricewaterhouseCoopers’ bid to dismiss a $1 billion lawsuit accusing the accounting firm of professional malpractice for...
Pfizer Agrees to $486M Settlement with Shareholders Over Concealing Drug Risks August 4, 2016 By Jonathan Stempel Pfizer Inc. on Tuesday said it has reached a $486 million settlement of litigation accusing it of causing big losses...
Judge Hits Uber’s Background Check on Passenger Bringing Price-Fixing Suit July 26, 2016 By Jonathan Stempel A federal judge on Monday banned Uber Technologies Inc. and its Chief Executive Travis Kalanick from using information from a...