The potential for huge paydays for plaintiffs attorneys settling class actions can pose an "inherent conflict" that interferes with the goal of negotiating the best deal for their clients, Ninth Circuit Chief Judge Alex Kozinski told a conference Friday, saying: “There's a tendency for lawyers to buy themselves off.”
Target Corp. announced Thursday that it has hired General Motors Co.'s chief compliance officer to lead data security and risk management at the retailer, as Target continues to overhaul its upper ranks following last years' massive data breach.
U.S. private equity firm Bain Capital LLC netted approximately $400 million after unloading a 4.3 percent stake in Hero MotoCorp Ltd., India’s largest manufacturer of motorcycles and scooters, in bulk trades executed Friday on the National Stock Exchange of India.
Uber Technologies Inc. must hand over documents related to the training and termination of drivers who allege they were cheated out of a 20 percent gratuity paid for by customers who thought they were tipping the drivers, following a ruling handed down by a California federal judge on Thursday.
The ranking members of the House Committee on Energy and Commerce and two subcommittees asked the committees’ chairmen on Friday for a hearing and investigation of the safety risks posed by allegedly defective Takata Corp. air bags that have been installed in millions of vehicles.
The U.S. Equal Employment Opportunity Commission on Thursday pushed back against BMW Manufacturing Co. LLC's objection to a federal judge's determination that the agency's use of background checks in hiring is not relevant to allegations that BMW's criminal record check policy disproportionately screens out black job applicants.
Citgo Petroleum's Texas assets have received a ton of interest from oil companies of late, while Continental AG may have to sell off a unit of Veyance Technologies in order to ease regulatory authority concerns over its planned $1.75 billion purchase of the company.
Nissan North America Inc. is off the hook in a suit brought by a California car dealership owner who accused the company of hiding a study that showed a business he was buying was in a poor location, a state appeals court ruled Thursday.
As part of an appeal over causation in a suit that resulted in a $1 million verdict against Ford Motor Co., the Pennsylvania Supreme Court said Thursday that it would consider the fairness of Philadelphia County’s practice of consolidating unrelated asbestos cases for discovery and trial.
Honda Motor Co. will have to produce even more documents in a U.S. National Highway and Traffic Safety Administration investigation into whether the carmaker failed to report deaths and injuries related to faulty Takata Corp. air bags, according to a report on Thursday.
A Nissan dealership has asked a New York state judge to toss Tower National Insurance Co.’s counterclaims in a dispute over losses sustained following Superstorm Sandy, arguing that Tower is trying to circumvent an earlier ruling saying a flood exclusion can’t be used to deny business interruption coverage.
The New York City federal judge handling the sprawling multidistrict litigation over often-deadly ignition switch defects in General Motors vehicles said Thursday that he would set a "reasonable but aggressive" January 2016 date to begin bellwether personal injury and wrongful death trials.
Lyft Inc. on Wednesday slapped its former COO with a California lawsuit alleging he took confidential documents before quitting and later joining Uber Technologies Inc., a fierce ride-sharing rival that has allegedly poached Lyft’s drivers and booked fake rides to stymie its service.
General Motors Co. told a New York bankruptcy court on Wednesday that it shouldn’t have to face lawsuits over drops in vehicle value stemming from flaws — including faulty ignition switches that triggered a 2.6 million-car recall earlier this year — in cars it built and sold before its 2009 bankruptcy.
One of the firms leading the General Motors Co. ignition switch litigation hit Takata Corp. and Honda Motor Co. with a proposed class action over defective air bags Tuesday, alleging the two companies hid the parts' “explosive nature.”
Costco Wholesale Corp.'s insurer urged a California appellate panel to revive claims that Yokohama Tire Corp. must cover $4.3 million the insurer paid to settle a lawsuit over a crash allegedly caused by a defective tire, saying Wednesday that a judge improperly limited expert testimony.
General Motors Co. is offering $25 gifts cards to customers whose vehicles — including certain Chevrolet Cobalt and Saturn Ion models — have been affected by ignition switch recalls, in order to encourage them to take in their vehicles for repairs, the automaker said Wednesday.
A Florida federal judge on Wednesday denied Robert Bosch LLC’s bid to dismiss a suit claiming it falsely marketed its spark plugs as having platinum-center electrodes, saying it was too early to rule on the auto parts supplier’s argument that the suit lacks standing or that it didn’t breach any warranties.
A Ninth Circuit panel on Wednesday affirmed that Mercedes-Benz USA LLC was within its rights to block Fresno Motors LLC’s plans to buy a California dealership, ruling it did not need to notify the prospective buyer it had exercised its right of first refusal.
Vehicle Operation Technologies LLC on Tuesday slammed a bid for attorneys' fees by Ford Motor Co., General Motors LLC and other automakers in suits over video display patents, telling a Delaware federal judge the motion is premature since appeals over claim construction and sanctions orders are pending in the Federal Circuit.