LAWSUIT

How Much Will Libor Suits Cost Banks?

Barclays
Banks involved in London interbank offered rate benchmark, or Libor, manipulations could be liable for billions of dollars in lawsuits from a slew of financial firms and investors who were affected by the distortions, according to reports.
A grand jury indicted Sandusky on 40 counts of sex crimes against young boys on November 4th of last year.

Penn State Sued By Jerry Sandusky Victim

The first young man who came forward to accuse former assistant coach Jerry Sandusky of sexual abuse in the ongoing Penn State University scandal is suing the university for negligence.
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Beverly Hilton hotel

Travel Websites, Hotels Accused Of Price-Fixing

A lawsuit filed in San Francisco federal court Monday alleges that Marriott International, Hilton Hotels, Sheraton Hotels & Resorts and others conspired to use their market dominance to fix hotel prices with travel websites like Expedia, Travelocity and Booking.com, a subsidiary of Priceline.com.
Google says the Google Wallet app is more secure than a credit card.

Hold Onto Your Digital Wallets! Google Mobile Payments Faces New Challenger

Wal-Mart Stores Inc [WMT], Target Corp. [TGT], 7-Eleven Inc., and Sunoco Inc. [SUN] are poised to announce their rival to the Google Wallet payment system, which launched on Android powered phones last year, the Wall Street Journal revealed. When it does launch, MCX will join the multi-billion dollar race to develop mobile phone payment systems, which propose to do away with cash and card transactions.

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