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Former WaMu Execs To Settle FDIC Suit
A group of former executives at Washington Mutual has settled a civil lawsuit with the Federal Deposit Insurance Corporation, according to The Wall Street Journal. That move will help pull the bank out of bankruptcy which was file for in September
Updated: 12/13/2011 08:10A
FDIC's $900 Million Suit Against MaMu Execs Reach Settlement
Three former executives of Washington Mutual Inc. have agreed to settle a lawsuit that resulted in one of the biggest US bank failures. The settlement amounts to less than 10% of the $900 million that was sought by Federal Deposit Insurance Corp.,
Updated: 12/13/2011 08:10A
HTC Files Case Against Citi's Taiwan Unit
Taiwanese smartphone giant HTC has filed a lawsuit against the Taiwan unit of Citigroup blaming the financial institution of causing a share price decline of the company, a report claims. According to Reuters, the criminal lawsuit from HTC was revealed
Updated: 12/13/2011 08:08A
Yahoo counter-sues Singapore media firm over copyright infringement
The tit-for-tat lawsuit looks like it is mainly designed to get SPH to drop its own lawsuit, and Yahoo likely is hoping that both companies can come to an agreement to leave the legal arena. The two news giants have been battling for advertising
Updated: 12/13/2011 08:07A
Monterey County gets lead paint lawsuit money
Lead-based paint, which can cause serious health problems in children, has not been manufactured for residential or commercial use since the 1970s but it is still out there. Monterey County was awarded almost $300000 for its share of multi-governmental
Updated: 12/13/2011 08:06A
Former St. Cloud deacon Weber focus of lawsuit
A St. Paul attorney who has represented accusers in clergy sex-abuse cases intends to announce today plans for a lawsuit in a case involving a former St. Cloud diocese deacon. Attorney Jeff Anderson has scheduled a news conference in St. Paul to talk
Updated: 12/13/2011 08:06A
LA: Proposed Initiative Requiring Porn Actors to Wear Condoms Could Cost
The lawsuit asks the Superior Court to declare that Los Angeles voters “have no power” to adopt the measure, known as the Adult Film Workplace Condom Initiative. The lawsuit also asks the judge to relieve the city of its duty to verify and count more
Updated: 12/13/2011 08:05A
County portion of the Meadow Creek Parkway could open in less than a month
It's been a lawsuit, it's been regulatory things at the state and federal level that have slowed down this portion of it.” In fact, the city portions of the MCP have been caught up in a string of lawsuits filed by the Coalition to Preserve McIntire
Updated: 12/13/2011 08:05A
Outrage and surprise among USW members at Nanticoke and Hamilton steel plants
They're surprised and outraged–members of the Steelworkers Union after Ottawa said it was ending a bitter, 3-year lawsuit against US Steel. The Feds say they have a deal with the company to keep its
Updated: 12/13/2011 08:05A
Roxon sizes up lawsuit against Big Tobacco companies
The minister said the government "had been taking legal advice, and will be taking legal advice" on the possibility of a lawsuit, but would not specify a timeline for any action. "I don't think this is the sort of thing that you need to make a decision
Updated: 12/13/2011 08:04A
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