LAWSUIT

JPMorgan Chase & Co executives were concerned that Bernard Madoff was running a Ponzi scheme, but they silently stood by for years to protect the bank's investments, the trustee for Madoff's investors said.

Calling AT&T's billing system a rigged gas pump, the a court filing says that AT&T systematically overstates its users data transactions.

A bill to reduce the likelihood of massive damage awards in patent disputes took a step forward on Thursday with approval by the Senate Judiciary Committee.

Workers union sues Bank of America and its Countrywide unit for not disclosing mortgage crisis sooner

Bank of America Corp was hit with a lawsuit on Wednesday claiming the lending giant hid foreclosure problems that eventually led to a decline in its share price.

According to a report in the New York Times, Mets ownership family the Wilpons' involvement with Bernie Madoff's billion-dollar Ponzi Scheme was closer than previously thought.

Sony Computer Entertainment America has won a temporary restraining order (TRO) against hacker 'Geohot' who circumvented PlayStation 3 (PS3) hardware security measures to run unapproved code on the game console.

Florida-based asbestos litigation law firm Kelley & Ferraro LLP has filed for Chapter 11 bankruptcy seeking reprieve from an Ohio appeals court's ruling that the law firm must be dissolved as part of an agreement with the firm's deceased partner and co-founder Michael Kelley.

Florida Governor Rick Scott said on Monday that a federal judge's ruling has confirmed many assumptions about the illegality of last year's landmark healthcare law.

Sued over beef and meat, Taco Bell has launched a damage control campaign on social media platforms like Twitter, Youtube and Facebook.

Defense contractor Lockheed Martin has agreed to pay the U.S. government $2 million to settle charges that it acted with others in knowingly violating the False Claims Act by rigging a contract at Stennis Space Center in Mississippi.

A federal judge in California has allowed a committee of Hewlett-Packard's directors to begin a probe into the circumstances culminating in Mark Hurd's departure from the company.

U.S. generic drug maker Mylan Inc has settled two U.S. patent disputes with global pharma giant Pfizer Inc, which will enable the former to sell the generic versions of cholesterol drug Lipitor and combination blood pressure and cholesterol treatment Caduet.

The family of New York Mets principal owner Fred Wilpon might sell minority stakes in the baseball team because of a lawsuit that seeks to recover money from Bernard Madoff's massive Ponzi scheme.

Taco Bell is introducing an advertising campaign to defend itself against accusations of a lawsuit which alleges that the fast-food chain doesn’t fill its tacos with real beef.

A Federal court in California has bit the hacker who publicized a jailbreak for the Playstation 3 console with a temporary restraining order, impounding his computers and barring him from publicizing the exploit on the Internet.

Goldman Sachs allegedly received $2.9 billion in bailout money from American International Group, which in turn received it from the Federal government as part of the 2008 bailout package.

Democratic congressman Dennis Kucinich (Ohio) is suing a congressional cafeteria for significant dental injuries caused by biting olive pitin a swandwich wrap he ate in 2008.

NBA stars Shaquille O'Neal and Lamar Odom have been named in a federal class-action lawsuit against Power Balance, makers of faux new age bracelets.

Representative Dennis Kucinich sued the House of Representative's cafeteria for selling him a defective sandwich wrap that caused him years of dental damage. The culprit was a defective olive.

Companies better be sure they are selling the exact product they advertised to lure in customers, or be slapped with a lawsuit like Taco Bell. A California woman has brought about a false-advertising lawsuit against the fast food chain, stating that Taco Bell's beef products actually contain very little meat.