Photographer's lawsuit against newspaper in arbitration
Photographer David Strick lost the first round in his copyright case against the Los Angeles Times, when a federal judge ordered arbitration this week.
BofA $8.5 billion settlement may go to federal court
Investors objecting to Bank of America Corp's $8.5 billion settlement of claims over losses on mortgage-backed securities are seeking to send their dispute to federal court, potentially delaying a resolution of one of the beleaguered bank's largest legal liabilities.
Google Pays Millions in Illegal Prescription Drug Ad Case
Google Inc. has agreed to forfeit $500 million to settle claims that it allowed online Canadian pharmacies to place advertisements targeting consumers in the United States, U.S. Justice Department announced Wednesday.
Spitzer Sued for Libel Over His Slate Column
Former New York Governor Eliot Spitzer was hit with two libel lawsuits seeking $90 million by former Marsh & McLennan Cos executives over a column posted on Slate.com about an insurance bid-rigging scandal.
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Apple seeks halting sale of four Samsung products: Infuse 4G, Galaxy S 4G, Droid Charge, Galaxy Tab 10.1
Apple filed motion for Preliminary Injunction in US District Court U.S District Court in San Jose, on Friday, to halt the sale of four Samsung devices, Infuse 4G, Galaxy S 4G, Droid Charge, and Galaxy Tab 10.1. Apple alleged that the devices copy Apple's mobile devices and make use of its patents and intellectual property without authorization. According to Apple's claim, the Samsung devices collectively infringed on three of Apple's design patents and one utility patent
Arnold Schwarzenegger’s $400 million divorce
Maria Shriver has filed for divorce from Arnold Schwarzenegger and will split around $400 million.
Investors strike $208.5 million WaMu settlement
Washington Mutual Inc's officers, directors, underwriters and auditor have agreed to a $208.5 million settlement to end class-action securities fraud lawsuits, according to court documents.
Paulson says welcomes Bank of America settlement
Hedge fund manager John Paulson, a long-term investor in Bank of America , said on Thursday he welcomed the settlement reached between the lender and mortgage bond investors.
Paulson says he welcomes Bank of America settlement
Hedge fund manager John Paulson, a long-term investor in Bank of America , on Thursday said he welcomed the settlement reached between the lender and mortgage bond investors.
Bank of America expects loss after settlement
Bank of America Corp said it expects to take more than $20 billion of charges after settling with mortgage bond investors, resulting in a second-quarter loss.
BofA $8.5 billion settlement likely faces legal fight
Bank of America Corp's $8.5 billion settlement to clear up its mortgage bond mess isn't a done deal and could be challenged -- if the large number of investors locked out of negotiations decide to organize.
New settlement push in CFTC oil manipulation case
One of the biggest oil market manipulation cases undertaken by regulators is entering a new phase in which a judge will mediate settlement talks, three years after the case was launched.
Uncontacted Tribe Discovered in Amazon: Who are they and what is their Plight?
Brazilian authorities claimed recently to have pinpointed the location of a community of 200 ancient and uncontacted tribespeople in one of the most remote corners of the world's largest rainforest. But, who are they and who is working to help them?
Pre-market movers on June 29 (BAC, AKS, ADM, ADI, LM, MON, X, KBH, GIS, FDO)
The companies whose shares are moving in pre-market trade on Wednesday are: Bank of America, AK Steel Holding, Archer Daniels Midland, Analog Devices, Legg Mason, Monsanto, United States Steel, KB Home, General Mills and Family Dollar Stores.
BofA near $8.5 billion settlement on securities
Bank of America Corp is close to a deal to pay $8.5 billion to settle claims from a group of powerful investors that lost money on mortgage-backed securities, a person familiar with the matter said on Tuesday.
France’s “Doomsday Village” sees Influx of Apocalypse Believers
The residents of Bugarach, a small hamlet in southern France, are both shocked and perturbed by the rising influx of doomsday believers who are convinced that their tiny town is the only place that will survive the 2012 judgment day.
Ryan O’Neal in trouble over missing Farrah Fawcett painting
Actor Ryan O‘Neal is allegedly being investigated for a missing Andy Warhol painting of Farah Fawcett worth $30 million.
Winklevoss twins end appeal of Facebook settlement
Olympic rowing twins Cameron and Tyler Winklevoss have decided not to appeal to the Supreme Court a ruling upholding their $65 million settlement with Facebook Inc and its founder Mark Zuckerberg, signaling the possible end of the long-running dispute.
Court clears Lehman unit settlement with JPMorgan
Federal bankruptcy court approved on Thursday a settlement between the Lehman Brothers brokerage and JPMorgan Chase & Co in which the bank will return more than $800 million of cash and securities to resolve claims brought by the Lehman trustee.
FDIC, WaMu ex-CEO nearing settlement of lawsuit
Former Washington Mutual Inc Chief Executive Kerry Killinger and two of his top lieutenants are nearing a settlement with the Federal Deposit Insurance Corp over the failure of what was the largest U.S. savings and loan.
Nokia Wins Patent Battle Versus Apple
Mobile giant Nokia said it has signed a patent license deal with Apple that would end all the pending patent litigations between the two companies over iPhone, iPod and iPad.
Diageo close to settlement with SEC in bribery probe: report
Diageo, the world's largest spirits group, is close to a settlement with the U.S. Securities and Exchange Commission to end a long-running bribery investigation, the Financial Times reported.
HSBC agrees $62.5 million Madoff lawsuit settlement
HSBC said it agreed to pay $62.5 million to settle a class action brought against it in the United States over its role in providing administrative services to a fund which placed cash with Wall Street swindler Bernard Madoff.
Privacy group gets part of Google settlement: judge
A U.S. judge approved a class action settlement over Google's Buzz social network, and awarded $500,000 to an Internet privacy group that had previously been left out of the proposed deal.
TiVo results jump thanks to legal settlement
TiVo Inc , which makes digital video recorders, reported a quarterly profit, reversing a year ago loss, thanks to the blockbuster patent settlement it reached with Dish Network Corp and EchoStar Corp .
States to ask banks for larger mortgage settlement
Government negotiators plan to squeeze big banks for a larger settlement over mortgage servicing flaws when the two sides meet in Washington on Tuesday.
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