Legal

A hedge fund founder was arrested Thursday on charges that he defrauded creditors of the luxury department store chain Neiman Marcus by pressuring an investment bank not to bid against his hedge fund in buying securities from the creditors.

Global fast food giant McDonald’s Corp. has filed a trademark infringement notice in Australia after the local unit of Burger King created a similar product called the “Big Jack,” according to a local newspaper report on Thursday.

Apple must pay its retail employees for their time undergoing exit searches, according to a ruling Wednesday by the U.S. Court of Appeals for the Ninth Circuit. 

Wall Street Journal: Trading app faces a civil fraud investigation

New York Gov. Andrew Cuomo and other state officials have been hit with a class-action lawsuit filed on behalf of more than 1,000 wedding venues that are arguing for the right to be treated the same as restaurants.

A former Deloitte senior manager filed a proposed class action on Tuesday, accusing the consulting firm of sidelining her when she returned from six months of maternity leave

Bayer AG has asked California’s Supreme Court to review a decision awarding $20.5 million to a groundskeeper who claimed the company’s Roundup weedkiller caused his cancer, arguing the ruling was at odds with federal law and settled legal principles.

McDonald’s blasted its former CEO Steve Easterbrook on Monday for seeking to wiggle out of the company’s lawsuit accusing him of accusing him of lying about trysts with underlings.

Samsung heir Lee Jae-yong was indicted Tuesday on charges of stock price manipulation and other financial crimes.

McDonald’s Corp has been sued by 52 Black former franchise owners who accuse the fast-food giant of racial discrimination by steering them to depressed, crime-ridden neighborhoods and setting them up for failure.

Recently released emails that were uncovered amidst a lawsuit accusing Brown University of violating a 22-year-old agreement to provide gender equity in varsity sports in accordance with federal Title IX mandates, wrote about their hopes that they could kill the agreement altogether and called it a “pestilential thing.”

The lawsuit, filed with the Southern District of New York, alleges that Federal Insurance Company "flatly denied coverage, refusing to pay even a penny to help Jujamcyn" while Pacific Indemnity paid the company $250,000, a fraction of what it claims it should've been paid under its insurance policy.

Just months after Hertz Global Holdings Inc. shelled out $16.2 million in extra pay meant to keep executives from leaving as the coronavirus pandemic decimated the travel industry, the car-rental company wants to pass out an additional $14.6 million in bonuses.

Grocery delivery service Instacart is being sued over back taxes and the way it operates in Washington D.C. 

Drug giant Bayer AG said on Thursday there were “bumps” in sealing its $11 billion settlement of thousands of U.S. lawsuits over its Roundup weed killer after a U.S. judge cast doubt on the progress of the agreement. 

The former president of the United Auto Workers was charged with conspiracy to embezzle union funds on Thursday, the U.S. Attorney's Office for the Eastern District of Michigan announced.

A NASA researcher employed by Texas A&M University was taken into custody Sunday and charged with conspiracy, making false statements and wire fraud related to his ties with Chinese organizations.

In a stunning reversal, the U.S. Army Corps of Engineers are now saying that Pebble Limited Partnership's proposed gold and copper mine would cause unavoidable adverse impacts.

Epic argued that revoking access to the development tool would upend game developers across the board who depend on it to make their products.

Amazon said it would conditionally support a California bill that holds online marketplaces strictly liable for defective products after a California appeals court ruled the company should be held to a higher standard of liability.