Less than a month after a federal appeals court ruled that International Business Machine Corp.'s cash-balance pension plan does not discriminate against older workers, the plaintiffs in the closely watched case are asking the court to reconsider its earlier decision.
A class action lawsuit filed against the Boeing Company on Monday alleges that one of the company’s divisions, Boeing Rotocraft, violated a collective bargaining agreement relating to lifetime retiree health care benefits.
A Minnesota school district has agreed to fork over $1.1 million to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission that alleges the district’s early retirement program discriminated against older employees.
Microsoft Corp. is vowing to appeal after a federal judge in Texas entered a final judgment awarding a small company more than $160 million and affirming a jury verdict holding that Microsoft and Autodesk Inc. infringed two patents related to protecting software against unauthorized use.
Nixon Peabody LLP has nabbed three attorneys for its technology and intellectual property practice, acquiring intellectual property boutique Schwartz, Sung & Webster and adding the namesakes to its firm.
Two insurance salesmen have lost a class action appeal against their employer, AXA Network LLC, that alleged the life insurance brokerage deliberately cheated them out of benefits by altering how insurance salesmen are classified as full-time employees.
Goldman Sachs Group Inc. and KPMG LLP have been named as additional defendants in one of the securities-fraud lawsuits stemming from the massive accounting scandal at Fannie Mae.
The Federal Circuit has overturned a jury verdict that found biotechnology company ACell Inc. liable for patent infringement of a tissue-engineering method for healing wounds and scars, ruling against Cook Biotech Inc. and Purdue Research Foundation.
The unsecured creditors committee of bankrupt Collins & Aikman Corp. wants to investigate DaimlerChrysler Corp., Ford Motor Corp. and General Motors Corp.—the auto supplier’s largest customers—for alleged violations of antitrust law.
In a victory for Target Corp., a federal appeals court has upheld an earlier finding that the retailer’s dismissal of a former employee based on his inadequate performance was legitimate and was not race-based.
Attorneys spent a second day in court Monday arguing over whether Apotex’ generic version of the blockbuster blood thinner Plavix should be allowed on the market.
A federal judge has ruled that a landmark Supreme Court decision involving eBay only relates to permanent injunctions and not preliminary ones.
North Carolina will soon begin forking over $151 million to repay the federal government for excess Medicaid payments collected by state hospitals over the last six years.
Government-sponsored mortgage lender Freddie Mac has agreed to pay $4.65 million to settle charges that the company failed to provide accurate information to officials in charge of its employee 401(k) plan.
Class action suits are popping up, following the U.S. Federal Trade Commission’s decision that technology-licensing company Rambus Inc. violated antitrust laws and deceived a group responsible for establishing industry-wide standards for memory-chip equipment.
A grand jury has added new charges to the stack of allegations against embattled media mogul Conrad Black and three co-defendants, claiming their fraudulent scheme led Hollinger International Inc. to file inaccurate income tax returns.
A bankruptcy court has pushed back the deadline for Tower Automotive Inc.’s reorganization plan, marking the sixth time the bankrupt auto parts maker has been granted an extension in its Chapter 11 proceedings.
Franchise owners of gas stations and convenience stores of Speedway SuperAmerica LLC have filed a class action lawsuit against the company and its oil company parent, alleging they are fixing prices for credit and debit card processing services.
In the wolverine state’s largest ever health care crime, the president of a subsidiary of Omnicare Inc. was charged Wednesday with 148 criminal counts of Medicaid fraud which allegedly cost the state of Michigan about $5 million.
U.S. President George W. Bush signed into law a pension reform bill on Thursday that is designed to close loopholes in the pension system, and particularly offers relief for employees at bankrupt Northwest Airlines Corp. and Delta Air Lines Inc.