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A California judge Friday dropped Charles Schwab Corp.’s founder from a $25 million suit alleging he directed his son to force a business partner out of an Indonesian real estate investment venture, after the investor’s attorney called the plaintiff a surfer con-man conducting a “shakedown."
A New Jersey appeals court on Friday affirmed that a contractor’s lawsuit seeking an insurer’s coverage in construction defect litigation was barred because the claims could have been brought in a previous lawsuit that freed the insurer from its duty to defend.
Enable Midstream Partners LP shot back Thursday against a request from a group of tribal landowners that an Oklahoma federal judge force it to respond to discovery requests and sanction it for refusing to do so in their suit challenging the company’s use of a natural gas pipeline on their property.
The U.S. Securities and Exchange Commission announced on Friday that an Idaho man has agreed to pay the federal government nearly $8 million for allegedly misappropriating money from Chinese investors for personal use instead of investing it in the EB-5 immigrant investor program.
A Florida federal judge changed her mind Thursday and tossed most of a whistleblower suit claiming Bank of America Corp. dodged up to $10 billion in fines by falsely promising the U.S. government that the bank would change its foreclosure practices.