LAWSUIT

After months of staying mum on the deal, Verizon has finally broken its silence.

Theodore J. Forstmann, better known as Ted Forstmann, the co-founder of private equity firm Forstmann Little & Company and Chief Executive Officer (CEO) of the International Management Group (IMG) died on Sunday, of brain cancer. The 71-year-old private equity investor and philanthropist had been battling the illness for six months.

Didn't get your free copy of Battlefield 1943 with your pre-ordered copy of Battlefield 3? You're not alone. Some costumers are suing EA (Electronic Arts) for failing to live up to promotional deals for the hit video game, claiming the company never intended to fulfill their end of the deal and demanding their free copy of the game.

There are still a number of questions that remain unanswered, in the matter of Lisa Irwin's disappearance, including the fact that a phone call was made her parent's mobile phone, on the night of her disappearance. The call was made to a Megan Wright - a former girlfriend of John Jersey Tanko, a handyman who was working in the neighborhood of the Irwin residence. Tanko is currently in jail, on unrelated charges.

Merrill Lynch has agreed to pay $315 million to settle a class action filed against it on behalf of investors in 18 mortgage-backed securities trusts, according to Reuters.

There won't be any cement shoes for a certain troubled mob project.

Long-time Rambus investors licked their wounds and pondered their loyalty on Thursday after a crushing legal defeat that underscores the risks companies face when they rely heavily on litigation.

Fox has settled its suit against a New York woman it accused of uploading its copyrighted scripts.

The Los Angeles Dodgers sued Fox Sports on Wednesday to stop the broadcaster of the baseball team's games from interfering with plans to auction the bankrupt franchise.

Two weeks after filing a complaint with the SEC, The Humane Society of the United States (HSUS) took another step in a legal battle with Smithfield Foods, one of McDonald's major pork suppliers for products like the McRib.

Forest City Ratner revealed on Thursday renderings of a 32-story residential tower that will abut the Barclays Arena at Atlantic Yards.

Netflix said Thursday it would refuse to join Wal-Mart in the settlement of a class-action lawsuit involving more than 25 million current and former Netflix subscribers.

Yes, it was nothing but sheer craziness for teen sensation Justin Bieber and his beautiful girlfriend and fellow popstar Selena Gomez for the last two weeks.

On Wednesday, a judge granted Occupy Boston a temporary restraining order to prevent the group from being removed from its encampment in Dewey Square.

President Barack Obama scolded tobacco companies for trying to block health warning labels on cigarettes, a product the world leader himself only recently quit using.

The top after-market NASDAQ stock market gainers are: Rambus, Zoll Medical, Sequenom, Hot Topic and Activision Blizzard. The top after-market NASDAQ stock market losers are: NetApp, Horsehead Holding, Echelon Corp, Conn's and GT Advanced Technologies.

Hold onto your award-winning seats Hollywood. Ricky Gervais will return as host of the upcoming Golden Globe Awards.

Rambus Inc was dealt a major defeat on Wednesday as a jury rejected its claims in a $4 billion antitrust lawsuit against Micron Technology Inc and Hynix Semiconductor Inc, a decision that wiped out almost two-thirds of its market value.

Hold onto your award-winning seats Hollywood. Ricky Gervais will return as host of the upcoming Golden Globe Awards.

Gary Busey has struck out again. Busey has been served with a lawsuit after drunkenly shouldering a 57-year-old woman and knocking her to the ground, reports TMZ.

The “Lady Marmalade” R&B diva Patti LaBelle has been accused of hurling curses and throwing water at a toddler, according to a lawsuit filed at Manhattan Supreme Court on Monday.