Citi Pushes Back on NY’s Online Fraud Suit: We’re Not ‘Bad Guys’ October 9, 2024 By Chris Dolmetsch Citigroup Inc. said US banks will be forced into a “dramatic shift” in how electronic payments are processed if New...
FTX Cleared to Repay Billions in Settlements After Bankruptcy Plan OK October 9, 2024 By Dietrich Knauth FTX received court approval of its bankruptcy plan on Monday, which will allow it to fully repay customers using up...
Verisk’s Insured Loss Estimates From Helene in Line with Other Modelers October 8, 2024 Another important modeler has rung in with insured loss estimates from the damages wrought by Hurricane Helene. Verisk estimates industry...
Limp Bizkit Seeks $200 Million From Universal Music Over Unpaid Royalties October 8, 2024 By Ashley Carman and Lucas Shaw Fred Durst, frontman of the rock band Limp Bizkit, sued Universal Music Group NV, the world’s largest record company, claiming...
JPMorgan Client Who Lost $50 Million Fortune Amid Dementia Is Denied Trial October 8, 2024 By Tom Schoenberg A once-wealthy JPMorgan Chase & Co. client whose portfolio crumbled as he slid into dementia lost a legal battle seeking...
Smith & Wesson Gets Supreme Court Review on Mexico Gun Suit October 4, 2024 By Greg Stohr The U.S. Supreme Court will consider tossing out a Mexican government lawsuit accusing Smith & Wesson Brands Inc. and other...
Mayorkas Warns FEMA Doesn’t Have Enough Funding to Last Through Hurricane Season October 4, 2024 By Kevin Freking And Colleen Long The Federal Emergency Management Agency can meet immediate needs but does not have enough funding to make it through the...
Texas Attorney General Sues Insulin Makers and Pharmacy Middlemen Over High Costs October 4, 2024 By Puyaan Singh and Mariam Sunny The Texas attorney general has sued leading insulin manufacturers and pharmacy benefit managers (PBMs), accusing them of collaborating to inflate...
Employer, Workers’ Comp Insurer, Survivor Join Baltimore Bridge Collapse Litigation October 2, 2024 By Andrew G. Simpson The road construction firm that employed six workers who were killed and another who was seriously injured in the collapse...
FanDuel Sued by Convicted NFL Executive Over Gambling Habit October 2, 2024 By Chris Dolmetsch FanDuel Inc. was sued by a former Jacksonville Jaguars executive who admitted to stealing more than $22 million from the...