A federal judge in Texas added $111 million in pre-judgment interest Thursday to a $482 million verdict against Johnson & Johnson for allegedly infringing a patent held by a New Jersey radiologist with its popular coronary stent Cypher.
Berkshire Hathaway Inc. CEO Warren Buffett is moving quickly to ward off any legal fallout and damage to his $206 billion empire's reputation, legal experts said Thursday, after news emerged that his top lieutenant bought Lubrizol Corp. shares before convincing Buffett to buy the company.
Republican lawmakers on Thursday urged the U.S. Commodity Futures Trading Commission to slow implementation of new rules governing the $600 trillion derivatives market, warning it risks drafting sweeping regulation that is more broadly applicable than Congress intended.
A New York federal judge on Wednesday dismissed a consolidated securities class action alleging units of Tremont Group Holdings Inc. that were feeder funds to Bernard L. Madoff's Ponzi scheme cost investors some $3 billion.
The World Trade Organization said Thursday that Boeing Co. had received $5.3 billion in subsidies from U.S. and local governments since 1989, a ruling that both Boeing and European rival Airbus SAS claimed as a victory.
Microsoft Corp. on Wednesday joined the chorus of online search providers asking European Union antitrust regulators to stop Google Inc. from abusing its market dominance, accusing the Internet giant of blocking rivals from data they need to compete.
The U.S. government reported Wednesday that it had detected trace amounts of radiation in milk from Spokane, Wash., as a result of increased nationwide monitoring of potential impacts from Japan's imperiled Fukushima Daiichi nuclear plant.
Abbott Laboratories must pay GlaxoSmithKline PLC $3.5 million for raising the price of HIV drug Norvir despite a deal that let GSK include it in a drug cocktail, but Abbott did not break antitrust law, a California jury said Wednesday.
Whirlpool Corp. asked international trade authorities Wednesday to investigate the production of bottom-mount refrigerators in South Korea and Mexico, accusing Samsung Electronics Co. Ltd. and LG Electronics Inc. of selling the products in the U.S. at below-market cost.
The U.S. Securities and Exchange Commission unanimously decided Wednesday to push forward proposed joint rules that would require issuers of asset-backed securities to hang onto some of their inherent risk and would establish requirements for compensation committees.
Raj Rajaratnam told an associate he was warned of Goldman Sachs Group Inc.'s quarterly loss by “somebody who's on the board,” an alleged reference to Rajat Gupta, according to a tape played Wednesday in the Galleon Group LLC founder's insider trading trial in New York.
A New York bankruptcy judge blocked investors' efforts Wednesday to remove the trustee overseeing the liquidation of Bernard L. Madoff's investment company and vacate a $220 million settlement with the heirs of Madoff associate Norman Levy.
After settling a putative class action over its Buzz social network for $8.5 million in November, Google Inc. consented Wednesday to two decades of independent privacy audits to resolve similar domestic and international privacy concerns from the Federal Trade Commission.
The U.S. Supreme Court offered scant hope that a decision in the historic sex discrimination class action against Wal-Mart Stores Inc. will offer guidance on class certification standards, instead focusing on the theory underlying the case at a hearing Tuesday.
The U.S. Securities and Exchange Commission accused a Food and Drug Administration chemist in Maryland federal court on Tuesday of using internal information about upcoming drug approval decisions to make trades worth more than $3.6 million.
Dean Foods Co. said Tuesday it had agreed to divest a milk processing plant and some of the assets it acquired from Foremost Farms USA Cooperative in a move to resolve an antitrust suit in Wisconsin launched by the U.S. Department of Justice.
The D.C. Circuit ruled Tuesday that the U.S. government could refuse to allow a Cuban state-owned export company to renew its Havana Club trademark because of a 1998 trade law that denies protection to certain Cuban trademarks.
A former Galleon Group LLC employee testified Tuesday in the insider trading trial of Raj Rajaratnam in New York, saying his ex-boss gave him clearance to gather sensitive, nonpublic information from company insiders and an investment banker at Morgan Stanley.
The U.S. Supreme Court ruled Tuesday that a California county cannot sue nine drug companies for allegedly violating a pricing agreement with the federal government by overcharging clinics serving the poor, finding that only the U.S. can enforce those agreements.
The U.S. Supreme Court ruled Tuesday that criminal defendants could not sue local prosecutors' offices based on a single discovery violation, a decision that legal experts say could have a limited effect on white collar cases at the local level.