U.S. Department of Justice News

Aetna’s Purchase of Humana OK’d by Illinois Insurance Regulator, with Condition

The Illinois Department of Insurance has approved Aetna Inc.’s proposed $34 billion acquisition of Humana Inc. provided it is approved by the U.S. Department of Justice, according to an order dated June 23 posted on the department’s website. Aetna announced …

Jury Awards $5.5M to Family of Man Killed by Cleveland Cop

The family of a man fatally shot in the head by a Cleveland, Ohio, policeman was awarded $5.5 million by a federal jury in a civil case that found the officer liable for using excessive force. The decision comes more …

Settlement Approved in Austin Firefighter Hiring Discrimination Case

A federal judge has approved a settlement between the city of Austin and the U.S. Department of Justice over allegations the Austin Fire Department’s hiring practices were discriminatory. The order signed by U.S. District Court Judge Lee Yeakel allows the …

Generali to Sell BSI Unit to BTG Pactual for $1.7 Billion

Assicurazioni Generali SpA agreed to sell its Swiss private-banking unit BSI Group to Grupo BTG Pactual for CHF1.5 billion ($1.7 billion) as Italy’s biggest insurer seeks to boost capital. Generali will receive CHF1.2 billion [$1.3466 billion] in cash and CHF300 …

Court Revives Suit Over WWII Site Cleanup in California

A divided U.S. appeals court revived efforts by oil companies to force the federal government to reimburse them for the cost to clean up a Southern California site where they had dumped toxic sludge during World War II. By a …

Hawaii Driver’s License Lawsuit Gains Fed Support

The U.S. Department of Justice is supporting a lawsuit alleging Hawaii discriminates against those who struggle with English because of challenges they face in obtaining a driver’s license. The Justice Department on Thursday filed court documents saying the allegations are …

Suit Filed Over Southern California Border Patrol Chase Death

The parents of a man who died when his car burst into flames during a Border Patrol chase in San Diego County is suing the government for wrongful death. Twenty-five-year-old Alex Martin of Texas died in March of 2012. Authorities …

Commentary: UBS and Too-Big-to-Punish – James Saft

As well as too-big-to-fail it looks as if we must think of our largest banks as too-big-to-punish as well. After comments from top U.S. Justice Department officials in the wake of the $1.5 billion settlement with UBS over interest-rate manipulation, …

Corrections Department Settles Federal Lawsuit

A federal sex-discrimination suit has been settled between the Arizona Department of Corrections and the U.S. Department of Justice. The Arizona Republic reported the department has one month to put in place new polices and three months to launch training …