The long and often ugly battle over the fate of Caesars Entertainment Corp. may finally be nearing an end. After more than two years of contentious legal disputes, Apollo Global Management LLC and TPG Capital – the private-equity firms that ...
Read More »Facebook and its lawyers slammed by judge in terrorism suits
A federal judge slammed Facebook Inc., saying the social media giant might not be doing enough to deter terrorists from using its platform. U.S. District Judge Nicholas Garaufis in New York, also accused Facebook’s lawyers – by sending a first-year ...
Read More »British startup aims to bring AI to M&A
Could the armies of lawyers needed to close billion-dollar deals soon be a thing of the past? That’s what London-based venture firm Invoke Capital is betting with its latest project financing. Invoke said this month it’s making an investment in ...
Read More »Anthem, Cigna accuse one another of merger breach, U.S. says
Anthem Inc. and Cigna Corp., the health insurers fighting a U.S. antitrust lawsuit, have accused one another of breaching their $48 billion merger agreement, the Justice Department said in a court filing. A lawyer for Cigna said during a teleconference ...
Read More »Bank of America managing director gender-bias suit withdrawn
Bank of America Corp. and a former managing director agreed to settle a lawsuit in which she accused the institution of being a “bros club” that favored male employees. Terms of the settlement weren’t disclosed in a Wednesday filing in ...
Read More »State Farm faces class-action suit over claims it bankrolled Ill. judge
Some customers of State Farm Mutual Automobile Insurance Co. claim the company conspired to help elect an Illinois Supreme Court candidate so he could vote to throw out a $1 billion award against the company. Now they will be able ...
Read More »U.S. says for first time that Christie knew of bridge plot
New Jersey Gov. Chris Christie was told about politically motivated traffic jams near the George Washington Bridge while they were crippling a town whose mayor refused to back his re-election, a U.S. prosecutor said for the first time since the scandal ...
Read More »UPS tells judge ‘little cigars’ at heart of NY cigarette case
United Parcel Service Inc. helped kids in New York get their hands on cheap cigarettes for years by turning a blind eye to untaxed cartons being shipped from American Indian reservations, lawyers for the state’s top cop said at the ...
Read More »What shareholder suits over the Fox sex harassment scandal might look like
The Fox News-Roger Ailes sexual harassment scandal has created plenty of headaches for parent company 21st Century Fox. Here’s another one: potential shareholder litigation. At least three plaintiffs law firms are looking at possible suits alleging harm to investors. There ...
Read More »Clinton says she may not choose Garland for Supreme Court
Democratic presidential candidate Hillary Clinton said she wouldn’t be bound by President Barack Obama’s nomination of Merrick Garland to the Supreme Court, hinting that she would consider a bolder choice if she takes office in January with the seat still ...
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