Latest Corporate legal affairs News

Former Fox execs stay free on $15M bond each in soccer case

Apr. 9, 2020 1:50 PM EDT

NEW YORK (AP) — Two former 21st Century Fox Inc. executives were allowed to remain free on $15 million appearance bonds, three days after they were indicted as part of the U.S. government’s investigation of soccer corruption. Hernan Lopez and Carlos Martinez were arraigned Thursday on wire fraud and...

Judge rejects government's bid to block airline-data merger

Apr. 8, 2020 12:45 PM EDT

WASHINGTON (AP) — A federal judge has rejected a government attempt to block Sabre Corp. from buying Farelogix Inc. in a $360 million deal combining two companies that provide information about airline tickets to travel agents. U.S. District Court Judge Leonard Stark in Delaware said in a ruling late...

FILE- In this Aug. 4, 2017 file photo, former pharmaceutical company CEO, Martin Shkreli, arrives at federal court in New York. The convicted former drug company wants out of prison so he can help research a treatment for the coronavirus. Shkreli's attorney said Tuesday, April 7, 2020, that he will be filing court papers asking federal authorities to release Shkreli for three months so he can do laboratory work “under strict supervision.” (AP Photo/Seth Wenig, File)

'Pharma Bro' wants out of prison to research coronavirus

Apr. 7, 2020 5:56 PM EDT

NEW YORK (AP) — Convicted former drug company CEO Martin Shkreli, known as “Pharma Bro,” wants to get out of prison so he can help research a treatment for the coronavirus, his lawyer said Tuesday. Defense attorney Ben Brafman said that he will file court papers asking federal authorities to...

US prosecutors allege bribes in 2018, 2022 World Cup votes

Apr. 7, 2020 12:29 AM EDT

NEW YORK (AP) — Prosecutors revealed new details of alleged bribes paid to FIFA executive committee members to gain their votes for Qatar to host the 2022 World Cup and charged a pair of former 21st Century Fox executives with making illegal payments to win broadcast rights for the 2018 and 2022...

Judge tosses shareholder suit over Lululemon CEO's departure

Apr. 2, 2020 3:22 PM EDT

DOVER, Del. (AP) — A Delaware judge has dismissed a shareholder lawsuit against sports apparel maker Lululemon Athletica over its decision to give a $5 million severance package to its former CEO rather than fire him for misconduct. The judge ruled Thursday that the shareholder failed to comply with a...

FILE - In this March 29, 2020, file photo, a bird flies among wind turbines near King City, Mo. The Trump administration is moving to scale back criminal enforcement of a century-old law protecting most American wild bird species. The former director of the U.S. Fish and Wildlife Service told AP billions of birds could die if the government doesn't hold companies liable for accidental bird deaths. (AP Photo/Charlie Riedel, File)

Ex-wildlife chief: Trump rule could kill billions of birds

Mar. 31, 2020 5:15 PM EDT

BUTTE, Mont. (AP) — At a former open pit copper mine filled with billions of gallons of toxic water, sirens and loud pops from propane cannons echo off the granite walls to scare away birds so they don’t land. After several thousand migrating snow geese perished in the Berkeley Pit's acidic,...

Judge dismisses Chemours lawsuit against DuPont

Mar. 30, 2020 7:43 PM EDT

DOVER, Del. (AP) — A Delaware judge has granted the DuPont Co.'s request to dismiss a lawsuit alleging that it massively downplayed the cost of environmental liabilities imposed on spinoff company Chemours. Vice Chancellor Sam Glasscock III ruled Monday that he has no jurisdiction to hear the case because...

FILE - In this Sept. 9, 2019, file photo, a Moran tugboat nears the stern of the capsizing vessel Golden Ray near St. Simons Sound off the coast of Georgia. The salvage team salvage team is seeking a federal permit to surround the shipwreck with a giant mesh barrier to contain any debris when they cut the ship apart. (AP Photo/Stephen B. Morton, File)

Judge won't halt salvage of capsized ship on Georgia coast

Mar. 26, 2020 12:19 PM EDT

SAVANNAH, Ga. (AP) — A federal judge ruled she will not halt removal of a capsized cargo ship along the Georgia coast while a salvage company that lost the job to a competitor sues the U.S. Coast Guard. The decision by U.S. District Court Judge Lisa Godbey Wood said an injunction delaying work to dismantle...

Target subsidiary to pay over $2M in class action lawsuit

Mar. 25, 2020 12:02 PM EDT

WORCESTER, Mass. (AP) — A Target Corp. subsidiary will pay nearly $2.3 million to settle a class action lawsuit filed by a Massachusetts woman who alleged it engaged in illegal debt collection practices, court records show. Target Enterprise Inc. will pay $7,500 to Gabrielle Carlson, of Clinton, and about...

FILE - In this Dec. 6, 2019, file photo, Cindy Parlow Cone, then-vice-president of U.S. Soccer,  attends a meeting of the organization's board of directors in Chicago. The newly installed president and chief executive officer of the U.S. Soccer Federation used their first news conference to say that settling a lawsuit filed by women's national team players is their priority. “A lot of damage has been done, and I think we are going to have to rebuild that trust and rebuild the relationship, and it's not going to happen overnight,” President Cindy Parlow Cone said Tuesday, March 24, 2020. 
(AP Photo/Charles Rex Arbogast, File)

New US Soccer leadership: Settling women's lawsuit priority

Mar. 24, 2020 10:49 PM EDT

NEW YORK (AP) — The newly installed president and chief executive officer of the U.S. Soccer Federation used their first news conference to state that settling a lawsuit filed by women's national team players is a top priority. “A lot of damage has been done, and I think we are going to have to...