Latest Corporate legal affairs News

Herschel Walker's ties to veterans program face scrutiny

May. 21, 2022 00:26 AM EDT

WASHINGTON (AP) — Herschel Walker, the football legend and leading Republican Senate candidate in Georgia, often boasts of his work helping service members and veterans struggling with mental health. In interviews and campaign appearances, the former Dallas Cowboy and Heisman...

Judge dismisses lawsuit against Musk, Tesla and Twitter fan

May. 20, 2022 16:52 PM EDT

SAN FRANCISCO (AP) — A federal judge in California has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, one of Musk's supporters and Tesla. In an order filed Thursday, Judge James Donato threw out the lawsuit by the investor,...

Trump pays $110K fine, must submit paperwork to end contempt

May. 20, 2022 13:55 PM EDT

NEW YORK (AP) — Former President Donald Trump has paid the $110,000 in fines he racked up after being held in contempt of court for being slow to respond to a civil subpoena issued by New York’s attorney general. Trump paid the fine Thursday but must still submit additional...

Farmer sues VW over climate change; German court has doubts

May. 20, 2022 09:44 AM EDT

BERLIN (AP) — A court in Germany cast doubt Friday on claims by a German farmer that automaker Volkswagen is partly responsible for the impact that global warming is having on his family business. The plaintiff, Ulf Allhoff-Cramer, claims drier soil and heavier rains due to climate...

Filing: Chicago 'two-faced' on acknowledging police abuse

May. 19, 2022 19:19 PM EDT

CHICAGO (AP) — The city of Chicago pursues a “two-faced” strategy of acknowledging an ugly history of police brutality in public while directing its lawyers to deny that legacy in court when victims sue, community leaders alleged in a court filing Thursday. The filing in...

New Mexico court upholds $165M damage awards in FedEx crash

May. 19, 2022 16:35 PM EDT

SANTA FE, N.M. (AP) — The New Mexico Supreme Court on Thursday upheld $165 million of jury awards against FedEx in a wrongful-death lawsuit stemming from a deadly crash involving a Texas family and a contract driver for the delivery company. The 2011 crash on Interstate 10 west of...

Judge: NC insurance mogul defrauded companies he invested in

May. 19, 2022 15:42 PM EDT

RALEIGH, N.C. (AP) — A North Carolina insurance magnate must give up control of his private companies to comply with a 2019 agreement to ensure several insurers within his business empire are paid over $1 billion, a state judge has ruled. Ruling in a civil lawsuit from which he...

Ford found liable in lawsuit in West Virginia woman's death

May. 19, 2022 04:21 AM EDT

CHARLESTON, W.Va. (AP) — A jury in West Virginia has awarded $7 million in a product liability lawsuit against Ford Motor Co. to the family of a woman who died when her Mustang was involved in a fiery crash. A Kanawha County jury made the award this week to the Raleigh County...

Court considers whether US can seize a Russian yacht in Fiji

May. 19, 2022 04:10 AM EDT

WELLINGTON, New Zealand (AP) — At Lautoka harbor in the heart of Fiji's sugar cane region, five U.S. federal agents boarded the Russian-owned Amadea, a luxurious superyacht the length of a football field. “They want to take 20 crew and sail east!” the ship's captain wrote in a...

Court: Some rail rate talks allowed in price-fixing suits

May. 18, 2022 17:43 PM EDT

OMAHA, Neb. (AP) — A federal appeals court has ruled that details of some of the conversations between the nation's four largest railroads about their rates can now be included in lawsuits challenging billions of dollars they charged their customers, but the mixed ruling will also exclude some...