Wells Fargo to Pay $1 Billion in Class-Action Lawsuit May 16, 2023 By Robert Burnson Wells Fargo & Co. agreed to pay $1 billion to settle a shareholder lawsuit that accused it of making misleading...
Coinbase Executives Sued for Dumping Stock, Saving $1 Billion May 2, 2023 By Robert Burnson Coinbase Inc. Chairman and Chief Executive Officer Brian Armstrong, board member Marc Andreessen and other officers avoided more than $1...
Epstein Victim Suing JPMorgan Seeks Class-Action Status May 1, 2023 By Robert Burnson A victim of Jeffrey Epstein asked a judge to let her represent more than 100 other women in a lawsuit...
KPMG, Goldman Sachs Faulted in Investor Suit Over SVB Failure April 11, 2023 By Joel Rosenblatt and Robert Burnson KPMG LLP was sued as Silicon Valley Bank’s auditor, along with underwriters including Goldman Sachs Group Inc., Bank of America...
Citgo’s Lawsuit Against Lloyd’s Insurer Over Seized Venezuelan Oil Gets Go-Ahead March 16, 2023 By Robert Burnson Citgo Petroleum Corp. may move forward with an attempt to collect more than $40 million it claimed from insurers after...
Amgen Sued by Pension Fund for Failing to Disclose $10B Tax Bill on Timely Basis March 14, 2023 By Robert Burnson Amgen Inc. misled investors about its financial health by failing to reveal that it may be on the hook for...
HP Enterprise to Pay $8.5 Million to Settle Gender Pay Gap Suit September 29, 2022 By Robert Burnson Hewlett Packard Enterprise Co. agreed to pay $8.5 million to resolve a lawsuit that alleged it pays female employees less...
Ford Motor Hit With $1.7B Verdict for Fatal Rollover Accident: Lawyer August 22, 2022 By Robert Burnson Ford Motor Co. was told by a jury to pay more than $1.7 billion over a 2014 rollover accident that...
NHL Stymied by Judge in Its Pursuit of Billions From Insurer for COVID Damages July 21, 2022 By Robert Burnson The National Hockey League can pursue a lawsuit against its insurance provider over losses stemming from the COVID pandemic —...
MLB Agrees to Pay $185 Million to Settle Minor League Wage Suit July 18, 2022 By Robert Burnson Major League Baseball agreed to pay $185 million as part of a settlement with minor league ballplayers who say the...