A media and consumer protection partner hit Chadbourne & Parke LLP Wednesday with a $100 million proposed class action lawsuit in New York on behalf of all female partners at the law firm, alleging the firm's male-centric culture results in gender disparity in pay and bonuses.
The Second Circuit on Wednesday overturned a $655 million Anti-Terrorism Act judgment against the Palestinian Authority and Palestinian Liberation Organization in a suit claiming they rewarded and promoted employees who engaged in violence against Americans, saying a New York federal court didn't have general jurisdiction.
MetLife and various subsidiaries were hit with $15 million in punitive damages on Wednesday evening after a verdict blaming the insurer and others for the disappearance of about $280,000 in retirement savings in a Ponzi scheme.
A California federal judge on Tuesday issued a mixed-bag ruling that ultimately refused to decertify a class of Wal-Mart Stores Inc. truck drivers suing the big-box retailer for wage violations, finding that Wal-Mart's legal arguments were not strong enough to warrant decertification.
The U.S. Department of Justice said Wednesday it has filed a lawsuit in an Illinois federal court to block Deere & Co.'s acquisition of Monsanto Co.'s Precision Planting LLC out of concerns that the deal would harm the more than $1 billion market for high-speed precision planting systems.
AstraZeneca PLC agreed Tuesday to pay $5.5 million to the U.S. Securities and Exchange Commission to settle claims it violated the Foreign Corrupt Practices Act through improper payments by overseas sales staff to state-controlled health care providers in China and Russia.
The U.S. Securities and Exchange Commission granted a $22.4 million award to a former Monsanto Co. financial executive for reporting alleged accounting fraud around the agribusiness giant's Roundup weed killer, a lawyer for the whistleblower said on Tuesday.
By Ed Beeson