Latest Corporate lawsuits News

US judge revives class-action claim in Wynn Resorts lawsuit

Aug. 04, 2021 14:50 PM EDT

LAS VEGAS (AP) — A federal judge in Nevada has revived elements of a securities fraud lawsuit seeking class-action status for allegations that executives at Wynn Resorts Ltd. knew about, but disregarded, reports of sexual harassment and misconduct against company founder Steve Wynn. ...

Relatives of Dayton shooting victims sue gun magazine maker

Aug. 03, 2021 16:06 PM EDT

COLUMBUS, Ohio (AP) — The high-capacity magazine used by the man who gunned down nine people in Dayton two years ago serves no purpose other than allowing for the killing of as many people as possible, family members of four victims alleged in a lawsuit against the magazine maker. ...

Hit with #MeToo revolt, Blizzard Entertainment chief is out

Aug. 03, 2021 11:12 AM EDT

The president of Activision's Blizzard Entertainment is stepping down weeks after the maker of video games like “World of Warcraft” and “Call of Duty,” was hit with a discrimination and sexual harassment lawsuit in California as well as backlash from employees over their work...

Allianz warns of risk, confirms US Justice Department probe

Aug. 01, 2021 18:11 PM EDT

The Allianz financial services company is warning that lawsuits brought by U.S. investors against the company could end up having a material impact on its future financial results. The major German company made the disclosure Sunday, noting that it received a request...

Scarlett Johansson sues Disney over ‘Black Widow’ release

Jul. 29, 2021 18:56 PM EDT

LOS ANGELES (AP) — Scarlett Johansson is suing the Walt Disney Co. over its streaming release of “Black Widow,” which she said breached her contract and deprived her of potential earnings. In a lawsuit filed Thursday in Los Angeles Superior Court, the “Black...

Heartbroken parents to sue a year after 9 troops died at sea

Jul. 29, 2021 17:37 PM EDT

OCEANSIDE, Calif. (AP) — The families of eight Marines and one sailor who died when their amphibious assault vehicle sank off the Southern California coast last summer plan to sue the manufacturer of the vehicle that resembles an armored seafaring tank, their lawyers announced Thursday, a...

Bayer takes additional $4.5 billion charge for Roundup suits

Jul. 29, 2021 11:18 AM EDT

FRANKFURT, Germany (AP) — German pharmaceutical and chemical company Bayer said Thursday it would take a provision of $4.5 billion against second-quarter earnings to put the company on what it said would be a path to closure of thousands of U.S. lawsuits over a weedkiller containing the...

Monsanto told to pay teachers $185M over chemical exposure

Jul. 28, 2021 23:43 PM EDT

SEATTLE (AP) — Three schoolteachers in Washington state who sued chemical company Monsanto over exposure to materials in fluorescent lights have been awarded $185 million. The law firm that represented the teachers, Friedman Rubin, said a jury returned the verdict...

Appeals court: Arbitration won't shield Trump from lawsuit

Jul. 28, 2021 18:33 PM EDT

NEW YORK (AP) — Former President Donald Trump and his three eldest children can’t force a lawsuit into arbitration that was brought by people who felt cheated by a business he promoted, an appeals court ruled Wednesday. The 2nd U.S. Circuit Court of Appeals issued a...

Trial against opioid distributors wraps up in West Virginia

Jul. 28, 2021 18:19 PM EDT

CHARLESTON, W.Va. (AP) — Attorneys for major drug distributors made their final pleas to a federal judge Wednesday to absolve them while placing the blame elsewhere for a prescription pill health emergency in a part of West Virginia. Defense attorneys tried to find...