Page 34 - Jonathan Stempel News Today

Donald Trump does not have immunity from charges he plotted to overturn his 2020 election defeat, a federal appeals court ruled on Tuesday, bringing the former U.S. president a step closer to an unprecedented criminal trial.

Apple said in a statement that the lawsuit challenged its ability to make improvements to the Apple Watch that consumers and developers rely on. "Todays outcome confirms that is not anticompetitive," it said.

(Reuters) -Eli Lilly has settled a lawsuit by Minnesota that accused the three largest insulin makers of deceptively raising the price of the diabetes treatment. The settlement filed on Wednesday in a New Jersey federal court calls for Lilly to offer Minnesota customers without insurance, who pay for its insulin drugs out of pocket, the option to pay no more than $35 a month for them. Minnesota also sued Novo Nordisk and Sanofi, in a lawsuit that began in 2018.

New York Community Bancorp was sued on Tuesday by shareholders after the embattled lender posted unexpected commercial real estate loan losses and slashed its dividend, causing its stock price to sink...

Google agreed to pay $350 million to settle a lawsuit by shareholders related to a security bug at its now-defunct Google+ social media website.... -February 06, 2024 at 12:16 pm EST - MarketScreener

New York Community Bancorp was sued on Tuesday by shareholders in a proposed class action for allegedly concealing deterioration in its loan portfolio, which resulted in a surprise quarterly loss...

NEW YORK (Reuters) -New York Community Bancorp was sued on Tuesday by shareholders after the embattled lender posted unexpected commercial real estate loan losses and slashed its dividend, causing its stock price to sink to a nearly 27-year low. In a proposed class action filed in Brooklyn federal court, shareholders said the regional bank defrauded them by failing to disclose it would set aside more money for credit losses, and cut its dividend 71% to shore up its balance sheet. Led by Tenne...

Google agreed to pay $350 million to settle a lawsuit by shareholders related to a security bug at its now-defunct Google+ social media website. A preliminary settlement was filed late on Monday in San Francisco federal court after more than a year of mediation and requires approval by U.S. District Judge Trina Thompson. It resolves claims that Google learned by March 2018 about a three-year software glitch that exposed Google+ users' personal data, yet concealed the problem for months whil...

A judge has rejected Abbott Laboratories' effort to dismiss a New York City grandmother's lawsuit claiming it misled consumers into believing its PediaSure Grow & Gain nutrition drinks were "clinically proven" to help children grow taller. U.S. District Judge Paul Engelmayer in Manhattan said on Friday that Joanne Noriega's complaint set forth "strong, evidence-backed reasons" to doubt Abbott's claim that clinical studies supported its marketing claims...

A federal appeals court on Thursday threw out a $366.2 million verdict against FedEx, in a case brought by a Black sales manager who said the package delivery company fired her in retaliation for...