LAWSUIT

Chevron, Transocean face second $11 billion Brazil lawsuit

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A Brazilian federal prosecutor on Tuesday launched his second 20 billion real ($10.9 billion) lawsuit against U.S. oil company Chevron and driller Transocean , doubling the stakes against the companies as critics call him as overzealous.

Bank of NY Mellon must face lawsuit on Countrywide

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A federal judge rejected Bank of New York Mellon Corp's bid to dismiss a lawsuit by investors over its role as trustee for mortgage-backed securities that led to an $8.5 billion settlement by Bank of America Corp.
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Forex lawsuit against BNY Mellon partly dismissed

A U.S. judge on Friday dismissed five out of nine claims against Bank of New York Mellon over its foreign exchange pricing practices, and shipped off four remaining claims to be tried in different state courts, according to a ruling.
Wisconsin protests

Federal Judge Strikes Down Parts Of Wisconsin Union Law

The unions argued that the law violated the U.S. Constitution by taking away workers' rights to bargain and organize, and discriminated against certain public-sector employees while exempting others, such as firefighters and police officers.
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Micron settles memory chip lawsuit with Oracle

Semiconductor manufacturer Micron Technology Inc said late on Thursday it has reached a deal with software giant Oracle to settle a lawsuit filed by Oracle over price increases for memory chips.
iPhone 4

Apple Settles Antennagate For iPhone 4: How To Get Your Free Case Or $15 Cash Settlement for Reception Issues

Owners of Apple iPhone 4 received a legal notice on Thursday from iPhone4Settlement.com with information about their eligibility and how to obtain a $15 cash settlement or free bumper case from the Antennagate scandal after the release of the iPhone 4, when users reported reception issues caused by the antenna. But who is eligible for the settlement refund and how does one go about to obtain it?
Facebook

Facebook Wants Ceglia 50 Percent Ownership Lawsuit Dismissed: Why?

Facebook has formally asked a federal judge to dismiss its ongoing case against Paul Ceglia, citing a mountain of evidence that would prove Ceglia's claims were fraudulent. Attorneys for Facebook called the lawsuit opportunistic and fraudulent, while Ceglia's attorneys claim their client, seeking half-ownership of Facebook, deserves his day in court.
American Airlines-US Airways Merger

US Airline Group Drops Suit Against EU Carbon Tax, Looks to UN

A major U.S. airline lobbying group on Tuesday ditched a private lawsuit challenging the European Union's recently-implemented carbon tax for airlines using the trading bloc's airports, calling on the Obama administration and Congress to take up the charge.
Hasbro Transformer Game

Hasbro Can't Stop Asus From Using Transformer Prime Name: Court

After 4 months of jiggling, U.S. federal court has overruled Hasbro's petition to stop Asus from using Transformer Prime name in its Android tablet. The U.S. federal judge says that there is no dodgy marketing in name of the two products to confuse people.

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