Allstate Corp., the largest publicly traded U.S. home and auto insurer, has accused Bank of America (BofA) and its lending unit, Countrywide Financial, of misrepresenting the risk associated with mortgage-backed securities it bought from them beginning 2005, and is suing them for more than $700 million.
Sony Corp. has filed a patent suit against LG Electronics, seeking to stop its import of mobile phones to the US. It is the latest in a series of patent complaints that have plagued the technology industry.
Dey Pharma, a subsidiary of Mylan Inc., has agreed to pay $280 million to the federal government to settle allegations that it had violated the False Claims Act by engaging in a scheme to report false and inflated prices for its products, knowing that federal health care programs relied on those reported prices to set payment rates.
In an interview to the Daily Mail, Yoko Ono, wife of John Lennon, insisted that she was not responsible for the break-up of 'The Beatles' in 1970.
Microsoft co-founder and billionaire Paul Allen added details to the patent infringement lawsuit filed against Google, Apple, eBay, Facebook, Netflix, AOL, Yahoo!, Office Depot, OfficeMax and Staples in August.
Patent wars punctuated the technology landscape in 2010. Lawsuits were filed with myriad motivations, some seeking permanent injunction, some monetary compensation and some bullying others to accept licensing agreements.
Joe Miller, the Republican nominee for Alaska's U.S. Senate seat, says he will not oppose state certification for the November election because he wants his state to be represented in Washington. Nonetheless, he is keeping a federal suit alive.
Key patent lawsuits that punctuated the smartphone industry in 2010.
iWorks advertises itself as an Internet marketing firm. The Federal Trade Commission calls it an Internet scamming operation and is taking the company, and its 51 shell companies, to court to shut it down.
Baldwin sues Costner for misleading in a business deal based on oil-spill cleaning technology
Toyota Motors will be paying $10 million to settle a lawsuit filed by relatives of four people who were killed in an August 2009 Lexus ES 350 crash in California.
Global hospitality company, Hilton Worldwide, announced the finalization of an agreement with Starwood Hotels Resorts Worldwide to settle a lawsuit involving the alleged misappropriation of trade secrets.
Hoping for some monetary damages, Hopewell Culture & Design have sued Apple and Android makers for the infringement of double-click patent.
A former head of a talent agency has sued Jonathan Bristol, a former law firm partner of Winston & Strawn LLP, and the law firm, and is holding them accountable for the $2 million allegedly misappropriated from his investment account.
The Securities and Exchange Commission (SEC) has charged Jonathan Bristol, a former law firm partner, with aiding and abetting Kenneth Ira Starr's Ponzi scheme by allowing Starr to use his attorney trust accounts as conduits for transferring the funds stolen from Starr's clients to Starr and his two companies for personal use.
The top pre-market NASDAQ stock market gainers are: Arena Pharmaceuticals, Tibco Software, ARM Holdings, Nova Measuring Instruments, Ariad Pharmaceuticals, YRC Worldwide, priceline.com, Activision Blizzard, Popular, and Huntington Bancshares.
The U.S. Department of Justice (DOJ) has filed a civil lawsuit against energy giant BP Exploration and Production Inc. and eight other companies, accusing them of violating the Clean Water Act and has asked the court to hold them liable without limitation under the Oil Pollution Act for all removal costs and damages caused by the oil spill, including damages to natural resources.
Despite mounting international pressure, Zimbabwe’s President Robert Mugabe would run in the country’s polls likely to be scheduled for June next year. Mugabe's Zimbabwe African National Union - Patriotic Front (ZANU-PF) unanimously endorsed him as a candidate for the elections on Saturday. The party cadres, along with their leader, also pledged for a ‘harmonious’ ballot in 2011.
The Department of Justice (DOJ) has filed a lawsuit against Berkeley School District, Illinois, for refusing to grant unpaid leave to a Muslim teacher who wished to make a pilgrimage to Mecca.
The Vietnam Veterans of America today filed a Freedom of Information Act lawsuit in U.S. District Court in New Haven, CT, claiming that the Department of Defense has failed to comply with the law by not releasing records on Personality Disorder discharges.
The Vietnam Veterans of America is going to sue the Department of Defense for, the group says, wrongfully discharging nearly 26,000 service members for “Personality Disorder.”
The partisan tensions surrounding the healthcare and compensation bill for sick Ground Zero workers today broke into an open war of words between U.S. Sen. Mike Enzi, R-WY, and two of the bill’s authors.
