July 15, 2014
by Taylor Gillan
Citigroup, Inc. on Monday agreed to pay $7 billion to settle a federal inquiry into mortgage-backed securities sold by the bank prior to the country's financial crisis. The deal, which involves one of the largest cash penalties ever paid to settle such allegations, includes a $4 billion civil ...[read more]
June 18, 2014
by Addison Morris
Apple on Monday reached an out-of-court settlement with the US Department of Justice, among other parties, regarding a class action lawsuit that accused the electronics company of illegally participating in a e-book price-fixing scheme. The company was found to have violated the Sherman Act and ...[read more]
June 15, 2014
by Elizabeth LaForgia
Apple Inc. and Samsung Electronics Co. on Friday agreed to drop their appeals of a patent-infringement case at the US International Trade Commission (ITC) that resulted in an import ban on some older model Samsung phones. Samsung has been seeking to overturn the ban, while Apple was trying to ...[read more]
June 11, 2014
by Peter Snyder
The US Court of Appeals for the District of Columbia Circuit on Tuesday rejected Wells Fargo & Co's contention that the bank's participation, along with other national banks, in a $25 billion settlement with the US government over foreclosure abuses should bar claims bring in a separate civil ...[read more]
May 30, 2014
by Bradley McAllister
BP asked the US Supreme Court on Wednesday to stay a March ruling requiring the company to make massive settlement payments as a result of the 2010 Deepwater Horizon oil spill. BP contends that the US Court of Appeals for the Fifth Circuit decision to deny an injunction of the settlement agreement ...[read more]
May 23, 2014
by G. Redd
British Petroleum (BP) announced Wednesday that it will appeal a recent US Court of Appeals for the Fifth Circuit decision to the US Supreme Court. The March decision by the Fifth Circuit rejected BP's claim that payments to alleged oil spill victims claiming economic losses should be excluded ...[read more]
May 20, 2014
by Peter Snyder
Swiss bank Credit Suisse pleaded guilty Monday to a criminal charge for its role in helping Americans avoid taxes, according to a speech from US Attorney General Eric Holder. Credit Suisse will pay a $2.5 billion financial penalty to the Department of Justice (DOJ), the Internal Revenue Service ( ...[read more]
May 2, 2014
by Dominic Yobbi
The US Department of Justice (DOJ) on Thursday announced a settlement with eBay in a lawsuit accusing the company of making deals with Intuit not to recruit each others' employees. The deal between the two parties bars the company from engaging in any type of non-compete agreements with other ...[read more]
April 16, 2014
by Dominic Yobbi
An independent UN human rights expert on Tuesday urged Israel to prevent settlers from taking over a building in the West Bank city of Hebron. The Al-Rajabi House is a four-story building capable of housing 40 families, and is strategically located between the illegal Israel settlement of Kiryat ...[read more]
April 7, 2014
by Endia Vereen
JURIST Guest Columnist Kristen Swift, Widener University School of Law Class of 2014, discusses Merck & Co.'s NuvaRing settlement and the company's corporate governance policies...Recently, Merck & Co. made a major splash across headlines by offering NuvaRing plaintiff's a $100 million ...[read more]

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