U.S.-based corporations spent nearly $4 billion of their legal budgets on class actions last year, making...
Continental fined 100 million euros for role in VW emissions scandal - Morningstar
Continental accepted a fine of 100 million euros ($107 million) from a German prosecutor's office for its role in the Volkswagen emissions-cheating scandal of 2015...
Continental accepted a fine of 100 million euros ($107 million) from a German prosecutor's office for its role in the Volkswagen emissions-cheating scandal of 2015...
morningstar.com /
Article / 2 days ago
HSBC Wins $1.6 Billion Suit Over Disney Film Finance Scandal - Claims Journal
HSBC Holdings Plc successfully fought off a London court claim brought by a group of investors in a £1.3 billion ($1.6 billion) lawsuit over tax breaks linked to Walt...
HSBC Holdings Plc successfully fought off a London court claim brought by a group of investors in a £1.3 billion ($1.6 billion) lawsuit over tax breaks linked to Walt...
claimsjournal.com /
Article / 2 days ago
Judge approves settlement of more than $500M from Philips recall - MedTech Dive
Philips could be on the hook for more costs if eligible claims for recalled or returned respiratory devices exceed the amount agreed to in the settlement...
Philips could be on the hook for more costs if eligible claims for recalled or returned respiratory devices exceed the amount agreed to in the settlement...
medtechdive.com /
Article / 2 days ago
Marsh moves nonsolicitation agreement fight to federal court
Marsh USA LLC has moved a former executive's lawsuit seeking to void his nonsolicitation agreement from California state court to federal court in San Francisco because damages...
Marsh USA LLC has moved a former executive's lawsuit seeking to void his nonsolicitation agreement from California state court to federal court in San Francisco because damages...
Article / 2 days ago
SEC pauses recently finalized rules on climate-related disclosures
On March 6, 2024, the U.S. Securities and Exchange Commission (SEC) finalized rules that expand and standardize company disclosures about their...
On March 6, 2024, the U.S. Securities and Exchange Commission (SEC) finalized rules that expand and standardize company disclosures about their...
Article / 2 days ago
Will the Seventh Circuit's Recent Opinion Deter Merger Objection Lawsuits? - D&O Diary
In recent years, one of the curses of the corporate and securities litigation world has been the ubiquitous filing of merger objection lawsuits in connection...
In recent years, one of the curses of the corporate and securities litigation world has been the ubiquitous filing of merger objection lawsuits in connection...
dandodiary.com /
Article / 3 days ago
McKinsey Faces US Criminal Probe Over Opioids Work, Sources Say
McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key role in fueling the opioid epidemic, with...
McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key role in fueling the opioid epidemic, with...
Article / 3 days ago
Chubb CEO Greenberg: Some Financial Lines Underwriting Practices ‘Simply Dumb’
According to Chubb CEO Evan G. Greenberg, the insurance industry's underwriting practices for a number of financial lines are "simply dumb"...
According to Chubb CEO Evan G. Greenberg, the insurance industry's underwriting practices for a number of financial lines are "simply dumb"...
Article / 3 days ago
UK Firms Told to ‘Urgently Review' Green Claims Amid Crackdown
Firms operating in the UK are being advised to go through any products and services around which some sort of sustainability claim has been made, to ensure...
Firms operating in the UK are being advised to go through any products and services around which some sort of sustainability claim has been made, to ensure...
Article / 4 days ago
Appeals court revives Chubb units' coverage fight with N.Y. Archdiocese
A New York appellate court on Tuesday reversed a ruling dismissing a dispute lodged by a number of Chubb Ltd. units against the Archdiocese of New...
A New York appellate court on Tuesday reversed a ruling dismissing a dispute lodged by a number of Chubb Ltd. units against the Archdiocese of New...
Article / 4 days ago