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Legal / Law Matters

  • By Alexei Oreskovic, Julia Fioretti and Alastair Macdonald (Reuters) - The European Parliament is preparing a non-binding resolution that proposes splitting Google Inc's (GOOGL.O) search engine operations ...

  • By Nate Raymond NEW YORK (Reuters) - A U.S. judge on Friday gave final approval to Apple Inc's agreement to pay $450 million to resolve claims it harmed consumers by conspiring with five publishers to ...

  • (Reuters) - South Korea's Samsung Electronics Co Ltd has filed a complaint with the U.S. International Trade Commission seeking to block computer-graphics chips made by Nvidia Corp (NVDA.O) from the U.S. ...

  • The patent war between NVIDIA and Samsung isn't going to wind down any time soon. Samsung has backed up its countering lawsuit against NVIDIA with a US International Trade Commission complaint asking the ...

  • House GOP Files Lawsuit Over Health Law @ The Wall Street Journal - Fri, Nov 21, 2014 7:44 PM EST

    House Republicans filed a long-threatened lawsuit claiming the Obama administration overstepped its bounds in how it is paying for or enforcing certain aspects of the health-care law.

  • Samsung Files Complaint to Block Nvidia Chips From U.S. @ Bloomberg - Fri, Nov 21, 2014 6:38 PM EST

    Samsung Electronics Co. (005930) is seeking to block computer-graphics chips made by Nvidia Corp. (NVDA) from the U.S. market, escalating a battle begun after licensing talks failed. Samsung filed a complaint ...

  • A U.S. federal appeals court has stayed the Federal Communications Commission's order requiring broadcast and cable companies to disclose programming contracts. The FCC had asked media companies to disclose ...

  • Apple could begin paying out $400 million worth of cash and ebook credits by the end of the year, after a federal judge approved an unusual deal related to an Apple-led conspiracy to fix the price of ebooks....

  • EU Lawmakers Targeting Google Weigh Call to Split Search Engines @ Bloomberg - Fri, Nov 21, 2014 5:13 PM EST

    European Union lawmakers seeking to combat what they consider anti-competitive behavior by Google Inc. (GOOG) are weighing a call to split up companies that focus on Web search, according to a document ...

  • Biz Break: EU to call for Google breakup, report says @ San Jose Mercury News - Fri, Nov 21, 2014 5:12 PM EST

    Today: European Parliament is preparing to seek a breakup of Google, according to a report. Also: Apple rises slightly and Intel falls after Silicon Valley stalwarts hit new highs Thursday.

  • Apparent settlement reached in National Beef case Associated Press - Fri, Nov 21, 2014 5:09 PM EST

    An apparent settlement has been reached in the class action lawsuit against National Beef brought by workers at its Liberal, Kansas, meatpacking plant, according to a court filing Friday. A joint motion ...

  • Contract talks between Canadian Pacific Railway and the Teamsters Canada Rail Conference have stalled, the union representing about 3,800 locomotive engineers and conductors at the country's No. 2 railway ...

  • Here's Why Europe Wants To Break Up Google Business Insider - Fri, Nov 21, 2014 5:08 PM EST

    The European parliament is considering a motion...

  • Arizona Sues General Motors (GM) for Late Safety Recalls Zacks - Fri, Nov 21, 2014 5:00 PM EST

    Arizona's attorney general has filed a lawsuit against General Motors for the delayed recall of millions of vehicles and trucks.

  • Apple E-Books Judge to Approve Possible $450 Million Deal @ Bloomberg - Fri, Nov 21, 2014 4:47 PM EST

    A federal judge said she’ll give final approval to what she called Apple Inc. (AAPL) ’s unusual settlement of claims by U.S. states and consumers that it led a conspiracy to fix prices on electronic books. ...

  • The Charles Schwab Corporation (SCHW) is in discussion with the New York attorney general to resolve charges of misleading customers about the safety of auction-rate securities, per a Bloomberg report....

  • The Apple logo is lit on the first day of sale for the iPhone 6 and iPhone 6 Plus, in Sydney

    A U.S. judge on Friday gave final approval to Apple Inc's agreement to pay $450 million to resolve claims it harmed consumers by conspiring with five publishers to raise e-book prices. During a hearing ...

  • Activision (ATVI) Shares Soar on $275M Lawsuit Settlement Zacks - Fri, Nov 21, 2014 3:20 PM EST

    Activision Blizzard (ATVI) finally reached a settlement of $275 million in a lawsuit related to the acquisition of its shares held by Vivendi SA.

  • Apple must face more claims over lost texts @ San Jose Mercury News - Fri, Nov 21, 2014 3:17 PM EST

    Already under siege over its iMessage system, Apple must now face claims that it violated users’ privacy by blocking them from receiving some text messages after they ditched their iPhones. U.S. District ...

  • European Parliament reportedly wants Google to be broken up @ Gigaom - Fri, Nov 21, 2014 2:10 PM EST

    The Parliament is, according to the Financial Times, poised to call on the European Commission to separate Google's core search business from its other businesses or take some other serious measure to ...

  • [video]Target Wants Bank Claims Thrown Out a Year After Data Breach @ TheStreet.com - Fri, Nov 21, 2014 1:40 PM EST

    Five banks are suing Target Corporation (TGT) for costs incurred stemming from the retailer's epic data breach last year, involving 40 million credit card accounts.

  • Appeals Court Grants TV Programmers Stay in FCC Fight @ The Wall Street Journal - Fri, Nov 21, 2014 1:38 PM EST

    An appeals court granted TV channel owners a preliminary victory in their standoff with the FCC over disclosure of programming contracts, raising the prospect of further delays to the agency’s review of ...

  • Illinois judge set to rule on state's pension law Associated Press - Fri, Nov 21, 2014 1:24 PM EST
    Judge rules Illinois pension law unconstitutional

    A judge's planned ruling Friday on the constitutionality of Illinois' landmark pension overhaul could likely determine how quickly the matter goes before the state Supreme Court. Sangamon County Circuit ...

  • U.S. House Republicans sue over Obama's healthcare law Reuters - Fri, Nov 21, 2014 11:23 AM EST

    Republicans in the U.S. House of Representatives on Friday filed a long-anticipated lawsuit challenging the implementation of President Barack Obama's signature healthcare law over employer-based coverage ...

  • Unwinding the biggest Ponzi scheme in U.S. history hasn't been cheap. Six years after Bernard Madoff 's fraud collapsed, the cost of liquidating his defunct investment advisory firm to repay thousands ...

  • Aereo files for bankruptcy Reuters - Fri, Nov 21, 2014 9:43 AM EST
    Aereo CEO and founder Kanojia speaks at Internet Week in New York

    By Tanya Agrawal and Jonathan Stempel NEW YORK (Reuters) - Aereo Inc, the video streaming company backed by media mogul Barry Diller, has filed for bankruptcy protection. The Chapter 11 filing on Thursday ...

  • Aereo Files For Bankruptcy After High Court Ruling @ Investor's Business Daily - Fri, Nov 21, 2014 9:21 AM EST

    Aereo on Friday filed for Chapter 11 bankruptcy protection, nearly five months after the U.S. Supreme Court ruled that its TV-over-Internet service violated TV broadcasters' copyrights. "The U.S. ...

  • Canadian Miner Nevsun Calls Allegations `Unfounded` @ The Wall Street Journal - Fri, Nov 21, 2014 8:51 AM EST

    Canadian mining company Nevsun Resources Ltd. said Friday that it would defend itself against a lawsuit filed in a British Columbia court, calling the human-rights allegations against it and an African ...

  • Aereo filed for voluntary bankruptcy on Thursday, a move that the company says will allow it to "maximize the value of its business and assets" without being dragged down by ongoing lawsuits ...

  • Aereo filed for voluntary bankruptcy on Thursday, a move that the company says will allow it to "maximize the value of its business and assets" without being dragged down by ongoing lawsuits ...

  • CFTC's lawsuit on U.S. Bank National Association ??? a unit of U.S. Bancorp (USB) ??? had made it quite evident that the futures and option markets regulator was not letting the bank go off the hook easily....

  • TV streaming provider Aereo files for bankruptcy Reuters - Fri, Nov 21, 2014 6:29 AM EST

    Television streaming service Aereo Inc filed for bankruptcy protection after a U.S. Supreme Court ruling in June found that the company's business model violated copyright laws. Aereo, in which Barry Diller's ...

  • Testimony to end, but AIG case far from over CNBC - Fri, Nov 21, 2014 6:00 AM EST
    Testimony to end, but AIG case far from over

    The last witness in an eight-week trial is expected to be called Friday, but a verdict is still months away.

  • County judge set to rule on Illinois pension law Associated Press - Fri, Nov 21, 2014 1:11 AM EST

    A Sangamon County judge's ruling Friday on the constitutionality of the landmark Illinois pension overhaul could determine whether the matter is ultimately decided by the state Supreme Court. Circuit Judge ...

  • U.S. Said to Seek Multibank Accord in Criminal FX Probe Bloomberg - Fri, Nov 21, 2014 12:01 AM EST

    U.S. prosecutors are seeking to settle criminal currency-rigging cases with multiple banks at the same time, allowing lenders to avoid being singled out for industrywide conduct, according to people familiar ...

  • Target Fights to End Bank Suits a Year After Data Breach @ Bloomberg - Fri, Nov 21, 2014 12:00 AM EST

    Target Corp. (TGT) is asking a federal judge to throw out claims by banks that had to deal with the consequences of a data breach that compromised at least 40 million credit-card accounts. Banks alleged ...

  • AT&T Inc will pay $52 million in civil penalties and environmental compliance as part of a settlement with California over illegal dumping of hazardous waste but won't be required to clean up the resulting ...

  • Judge Tosses Glucosamine Settlement, Citing FORBES @ Forbes - Thu, Nov 20, 2014 9:09 PM EST

    An influential judge throws out a class-action settlement over glucosamine pills that would have paid the lawyers more than twice what they got for their clients.

  • Google, Rockstar agree to settle patent litigation - filing Reuters - Thu, Nov 20, 2014 8:36 PM EST

    By Andrew Chung and Dan Levine (Reuters) - Google Inc (GOOGL.O) has agreed to settle litigation with patent consortium Rockstar, though terms of the deal were not disclosed in a court filing made public ...

  • Honda Says Air-Bag Reports Failed to Meet U.S. Law @ Bloomberg - Thu, Nov 20, 2014 7:59 PM EST

    Honda Motor Co. (7267) said it failed to fully comply with a law to inform regulators about deaths and injuries relating to defective Takata Corp. (7312) air bags that are at the center of a global vehicle-safety ...

  • PG&E fined $1 million for improper contacts with PUC officials @ Los Angeles Times - Thu, Nov 20, 2014 7:53 PM EST

    The California Public Utilities Commission on Thursday slapped Pacific Gas & Electric Co. with a $1-million fine for having improper contacts with commission members and top staff.

  • Britain Abandons Banker Bonus Fight After EU Court Blow @ Bloomberg - Thu, Nov 20, 2014 7:00 PM EST

    Britain abandoned a bid to overturn a European Union ban on banker bonuses of more than twice fixed pay after it suffered a setback in the EU’s top court. Chancellor of the Exchequer George Osborne said ...

  • Nevsun Not Aware of Any Bids for It @ The Wall Street Journal - Thu, Nov 20, 2014 6:45 PM EST

    Canadian miner Nevsun Resources said it has held preliminary discussions with “various” parties about a potential transaction, but the Vancouver miner said it wasn’t aware of any bid for the company.

  • Government tells Chrysler to speed up Jeep recall Associated Press - Thu, Nov 20, 2014 6:42 PM EST

    The nation's auto safety agency is telling Chrysler to speed up a recall of 1.5 million older Jeeps with gas tanks that can rupture in a rear collision. The National Highway Traffic Safety Administration ...

  • Arizona sues General Motors over delayed recalls Associated Press - Thu, Nov 20, 2014 6:29 PM EST
    Arizona sues General Motors over delayed recalls

    Arizona's attorney general has sued General Motors Co. for failing to recall millions of cars and trucks with safety defects the auto giant did not disclose for years. The lawsuit seeks potentially billions ...

  • Wedbush paying $2.4 million to settle SEC case Associated Press - Thu, Nov 20, 2014 6:28 PM EST

    The Securities and Exchange Commission said Thursday that trading firm Wedbush Securities Inc. has agreed to pay more than $2.4 million to settle charges that it provided customers access to the market ...

  • Inside Apple’s Broken Sapphire Factory @ The Wall Street Journal - Thu, Nov 20, 2014 6:26 PM EST

    The $1 billion plan by Apple and unproven contractor GT Advanced Technologies to make superhard iPhone screens was troubled from the start, a rare misstep for the world’s most valuable company.

  • Madoff Bankruptcy Costs Top $1 Billion Six Years Later @ Bloomberg - Thu, Nov 20, 2014 6:16 PM EST

    Unwinding the biggest Ponzi scheme in U.S. history isn’t cheap. Six years after Bernard Madoff’s fraud collapsed, the cost of liquidating his defunct investment advisory firm to repay thousands of victims ...

  • Apple ends patent war on Android, deal suggests Gigaom - Thu, Nov 20, 2014 6:14 PM EST

    Apple has decided to end a bitter legal war against Google and Android phone makers, and to turn away from patent tactics that have cost the smartphone industry billions of dollars, according to reports ...

  • Apple has decided to end a bitter legal war against Google and Android phone makers, and to turn away from patent tactics that have cost the smartphone industry billions of dollars, according to reports ...

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