federal appeals court News

U.S. Mutual Fund Workers Denied Whistleblower Cover

A U.S. law protecting whistleblowers at publicly traded companies does not cover employees of mutual funds, a federal appeals court ruled on Friday in a case involving two former Fidelity Investments employees. The U.S. Court of Appeals for the 1st …

Appeals Court: Whistleblower Must Pay Toyota $2.6M

A federal appeals court says a former in-house lawyer for Toyota Motor Corp. must pay the carmaker $2.6 million for disclosing confidential information. The 9th U.S. Circuit Court of Appeals upheld an arbitrator’s award Friday. Dimitrous Peter Biller had accused …

Designers’ Shoe Showdown Reaches New York City Appeals Court

Two French fashion designers have taken their legal battle over red shoes to a federal appeals court in Manhattan. At a hearing on Tuesday, a lawyer for Christian Louboutin defended its trademark on high heels with lacquered “Chinese red” soles. …