A high-stakes case at Britain’s highest court that ended in defeat for top poker player Phil Ivey is a seismic ruling with huge ramifications for criminal law and individuals accused of fraud, lawyers say, as it hands more power to prosecutors ahead of several major trials where bankers stand accused of rigging rates and markets.
Despite protests from plaintiffs, a district court has granted a motion to seal documents in the consolidated antitrust suit pending against some of the nation's largest insurers.
The European Commission intends to continue raising fines against companies that are involved in cartels, despite recent criticism that overly high penalties will have an adverse effect on consumers, an EC spokesperson said Tuesday.
A district judge has ruled that Visa USA’s bylaw allowing it to charge its top debit card issuers for switching over to MasterCard Inc. should be repealed because it breaches a 2003 antitrust class action settlement.
Johnson & Johnson subsidiaries Ortho-McNeil Pharmaceuticals Inc. and Alza Corp. have again attempted to get a judge to toss a lawsuit over the bladder drug Ditropan XL, saying in a motion filed Monday that the only remaining plaintiff didn't directly purchase the product.
The U.S. Department of Transportation found Friday that increased rates charged by the Los Angeles airport agency discriminated against carriers at Los Angeles International Airport.
The judge presiding over Rambus Inc.’s memory device patent infringement suit has refused to toss counterclaims alleging the chip maker restricted competition in the dynamic random access memory market.
The former co-chair of Morrison & Foerster LLP's antitrust group has left for a smaller firm, citing the challenge of building a group and the desire to take interesting cases with less regard for the bottom line.
Questions of monetary incentives that had been promised to five of the seven representatives of the plaintiffs in the BAR/BRI antitrust class action dominated a hearing Monday, continuing a state of uncertainty over the representatives' compensation as well as the status of the proposed $49 million settlement itself.
The U.S. Supreme Court has quashed a bid by a Canadian electricity supplier for state law immunity in two antitrust cases, ruling against the power company on a technicality.
Kohl's Department Stores Inc. has filed a complaint against the United States in the U.S. Court of International Trade, accusing the defendant of unconstitutional gender discrimination based on alleged discrepancies between import duties on men's and women's apparel and footwear.
In a victory for Wall Street, the U.S. Supreme Court has ruled that plaintiffs cannot make antitrust claims against banks that underwrite initial public offerings.
Columbian Chemicals Co. has agreed to pay $6 million to settle a class action that accuses it and other specialty chemicals manufacturers of fixing the price of carbon black sold in the United States.
Retractable Technologies Inc. has filed a lawsuit against Becton Dickinson and Co. accusing the medical technology giant of patent infringement, false advertising and anti-competitive conduct.
A federal court judge has tossed a class action against General Motors Corp., DaimlerChrysler Corp. and other car companies in which lessees accused them of conspiring to block cheaper Canadian cars from reaching the American market.
A court ruled on Friday that the Federal Energy Regulatory Commission had acted responsibly when it approved new administrative charges for electricity users in the Midwest, although they were paying a “grandfathered” fee from an older system for managing electricity.
Sirius Satellite Radio and XM Satellite Radio Holdings announced the release on Thursday of a study they commissioned that says the companies' proposed $13 billion merger, currently pending federal approval, will benefit consumers.
The direct purchasers and indirect purchasers of graphics processing units in the ongoing antitrust litigation against GPU chip makers Nvidia Corp., ATI Technologies Inc. and Advanced Micro Devices Inc. filed two separate amended class action complaints on Thursday.
The plaintiffs in a putative class action accusing some of the biggest players in the financial services industry of breaching their fiduciary duties by sweeping billions of dollars of their clients’ uninvested money into low-interest bank accounts they owned and controlled have filed an amended complaint with additional defendants.
Several firms have been fighting to serve as the plaintiffs' counsel and to object to the proposed settlement of $49 million in the BAR/BRI antitrust class action as a hearing to approve the proposed settlement scheduled for June 18 nears.
The federal judge overseeing the multidistrict antitrust litigation involving Chinese vitamin C makers has sided with the defendants in their quest to compel the representative plaintiff to produce documents, ruling that the material goes to the heart of what is being alleged in the case.