Adidas Sued by Investors Over Broken Ye Partnership May 1, 2023 Adidas AG was sued by investors who claim the German sports giant knew about risks of its partnership with the...
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...
First Republic, KPMG Are Sued for Concealing Bank’s Risks April 25, 2023 By Jonathan Stempel First Republic Bank has been sued by shareholders who accused the beleaguered U.S. regional bank of concealing how rising interest...
Embroker: Business Insurance Shoppers Concerned With Startup Leadership Post-SVB April 25, 2023 Following the closure of Silicon Valley Bank (SVB), VC-backed startups were increasingly looking for stronger protection in case their assets...
W.R. Berkley CEO Says Insurer Isn’t Going to Chase D&O Market ‘Down the Drain’ April 24, 2023 By Chad Hemenway W.R. Berkley Corp. President and CEO Robert Berkley said the insurer is not going to follow the directors and officers...
Paramount Directors Agree to $168 Million Settlement Over Merger April 24, 2023 By Jef Feeley Paramount Global directors agreed to a $167.5 million settlement of investors’ lawsuits over the controversial 2019 merger of CBS Corp....
No Separate Trial for Former JPMorgan Executive in Epstein Case April 11, 2023 By Jonathan Stempel A U.S. judge rejected requests to sever JPMorgan Chase & Co’s lawsuit accusing former executive Jes Staley of concealing what...
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...
J&J Unit Files for Second Bankruptcy to Pursue $8.9B Talc Settlement April 5, 2023 By Mike Spector and Dietrich Knauth Johnson & Johnson has agreed to pay $8.9 billion to settle tens of thousands of lawsuits alleging that talc in...
JPMorgan May Face Expanded Lawsuit Over Jeffrey Epstein Ties April 4, 2023 By Jonathan Stempel The U.S. Virgin Islands wants to expand its lawsuit accusing JPMorgan Chase & Co of aiding in Jeffrey Epstein’s sex...