Articles by Kartikay Mehrotra, Joel Rosenblatt and Mark Bergen

Alphabet Directors Sued Over Exit Pay, Coverups Tied to Harassment Allegations

Alphabet Inc.’s directors were sued by shareholders for approving a $90 million exit payment to Andy Rubin, the creator of the Android mobile software, while helping cover up his alleged misconduct and similar misbehavior by other executives. The investors claimed …

Effect of Judge Ruling Affordable Care Act Unconstitutional Delayed for Appeal

Obamacare was struck down by a Texas federal judge in a ruling that casts uncertainty on insurance coverage for millions of U.S. residents, drawing sharp condemnation from some medical professionals and a vow for action by top Democrats. President Donald …

Deaths, Damages Continue to Rise in California’s Most Destructive Wildfires

The most destructive wildfires in California’s history have killed at least 31 people and forced tens of thousands more to evacuate as firefighters struggle to gain control amid swirling winds. The so-called Camp Fire in Northern California and the Woolsey …

Wells Fargo Agrees to Pay $2.09B to Settle U.S. Probe into Mortgage Sales Abuses

Ten years after faulty mortgages upended the global financial system, Wells Fargo & Co. agreed to pay $2.09 billion to settle a U.S. probe into its creation and sale of loans that contributed to the disaster. The long-anticipated penalty, announced …

Judges Issues Temporary Halt to Distributing Plans to Make 3-D Guns

A judge issued a temporary restraining order against the distribution of materials to make guns using 3-D printers. A group of states sued the Trump administration Monday in federal court in Seattle to block its legal settlement allowing a small …

New York AG Schneiderman Resigns After Denying Physical Violence Allegations

New York Attorney General Eric Schneiderman said he’s resigning as the state’s highest law enforcement official, hours after a report in which four women accused him of physical violence. Schneiderman, who built his reputation as a courtroom foe of President …

Facebook User Sues Over Personal Data Release to Cambridge Analytica

A Facebook Inc. user sued the social network and a data research firm that played a role in the election of President Donald Trump alleging that her privacy was violated when information on some 50 million users was improperly disclosed. …

Judge Denies Wells Fargo Bid to Dodge Shareholder Lawsuit

A federal judge denied Wells Fargo & Co.’s request to dismiss a shareholder lawsuit triggered by the bank’s plummeting stock price after it admitted in 2016 to creating millions of fake accounts, starting the worst financial scandal in its modern …

Wells Fargo’s Additional Fake Accounts Could Jeopardize $142M Settlement

Wells Fargo & Co.’s disclosure Thursday that employees may have opened significantly more unauthorized accounts than previously stated could jeopardize a $142 million class-action settlement with customers that won preliminary approval from a judge in July. The scandal that helped …

Chipotle Keeps Getting Served Lawsuits by Customers, Investors

Chipotle Mexican Grill Inc. is facing another class-action lawsuit by a disgruntled shareholder over its alleged inability to keep its restaurants clean, a further hurdle for a company still trying to regain consumer and investor confidence after a food scare …