Legal

New York State has filed civil charges against Johnson & Johnson and its Janssen Pharmaceuticals subsidiaries on insurance fraud for minimizing the risks of opioid treatment and targeting the most vulnerable population. 

The owner of bankrupt New York Sports Clubs and Lucille Roberts gyms is preparing to sell to lenders that have conceded to supply the financial backing necessary to keep the fitness chains functioning.

Banksy lost a trademark battle with a U.K.-based greeting card company and, in turn, the copyright for his famous work, “Flower Thrower,” in part because officials said his hidden identity prevents him from being classified as the “as the unquestionable owner."

The battle between Apple and Epic Games over the former's App Store engaged in mudslinging Wednesday and more legal action.

Roughly $330 million in debt for 35,000 students who attended the now-shuttered ITT Tech will be canceled thanks to a settlement in conjunction with the Consumer Financial Protection Bureau, the attorneys general of nearly 50 states announced this week.

The FTC has spent more than a year investigating concerns that Facebook has been using its powerful market position to stifle competition.

Darmody Enterprises L.T.D., the owner and operator of the nearly a dozen restaurants in question, allegedly defied labor laws in the manner through which it allowed 14- and 15-year-old employees to work at the locations.

The U.S. Department of Justice, Environmental Protection Agency and the California attorney general’s office say Daimler violated environmental laws by using so-called “defeat device software” to circumvent emissions testing and sold about 250,000 cars and vans in the U.S. with diesel engines that didn’t comply with state and federal laws.

The records from AT&T relate to the company’s claim to have made internet service available to 133,000 locations in the state

The list of victims runs for more than 170 pages of a 225-page civil complaint seeking compensation and punitive damages from MGM Resorts

The U.S. Department of the Treasury’s Office of Foreign Assets Control announced two settlements totaling $583,100 with Deutsche Bank Trust Company

"Money is several layers removed, as the medium of exchange between users who choose to buy digital items, and the creators who made them," Sweeney said. "Epic isn't even seeking monetary damages. We are fighting for change!"

"Epic’s lawsuit is nothing more than a basic disagreement over money," Apple wrote in the filing. "Although Epic portrays itself as a modern corporate Robin Hood, in reality it is a multi-billion dollar enterprise that simply wants to pay nothing for the tremendous value it derives from the App Store."

The filing described the iPhone maker as a “monopolist” that maintains its monopolies by “explicitly prohibiting any competitive entry”.

Neiman Marcus Group said on Friday it expected to emerge from Chapter 11 bankruptcy by the end of this month under a restructuring plan that is likely to eliminate more than $4 billion of its debt.

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.