Lawyers who Sued Tesla Board for Excess Pay Want $10,000 an Hour September 21, 2023 By Tom Hals WILMINGTON, Delaware –– A legal tExcess Pay Want Tesla’s directors to agree in July to return more than $700 million...
Professional Services Exclusion Didn’t Bar False Claims Act Settlement September 15, 2023 By Jim Sams A mortgage lender accused of violating the False Claims Act by approving government-backed loans that did not meet federal guidelines...
US Companies Caught in Diversity Crossfire Are Frozen by Uncertainty August 1, 2023 By Jeff Green The US Supreme Court’s ruling against affirmative action has sparked a fierce debate over the future of diversity in corporate...
Tesla Directors Pay $735M to Settle Lawsuit over Excess Compensation July 18, 2023 By Tom Hals WILMINGTON, Delaware –– Tesla Inc’s directors will return $735 million to the company to settle claims they grossly overpaid themselves...
No Coverage for Investor Losses Caused by Blue Bell’s Listeria Outbreak July 12, 2023 By Jim Sams A 2015 Listeria outbreak linked to ice cream sold by Blue Bell Creameries hospitalized 10 people and killed three. While...
Court Upholds Musk’s Win in $13B Lawsuit over Tesla-SolarCity Deal June 6, 2023 By Tom Hals A trial court properly found that Tesla Inc TSLA.OCEO Elon Musk did not push the electric carmaker to overpay for...
Norfolk Southern Bondholders Sue over Safety Disclosures May 17, 2023 By Jonathan Stempel NEW YORK – Norfolk Southern Corp. was sued on Tuesday by bondholders who said they lost hundreds of millions of...
4th Circuit Finds Nothing Ambiguous About Bump-Up Exclusion May 10, 2023 By Jim Sams Whether you call it an acquisition or a merger, the fact that Willis Group Holdings ended up controlling Towers Watson...
No Coverage Owed for Retaliation Claims Tied to Undisclosed Investigation April 24, 2023 By Jim Sams A federal appellate court on Friday reversed a $2.3 million award to a nursing home owner that sued its insurer,...
Viewpoint: No Coverage for Claim Relating Back to Earlier Policy Period April 19, 2023 By Elizabeth Fisher The US District Court for the Southern Florida, applying Florida law, held that a directors and officers policy did not...