A startup company has accused Best Buy Co. Inc. of stealing the idea for its much-hyped electronics buy-back program in violation of a confidentiality agreement.
President Barack Obama has made two budget proposals that could hurt brand-name drug giants, seeking to slash their 12-year exclusivity period and do away with pay-for-delay settlements with generic-drug makers.
President Barack Obama's proposed 2012 budget for the U.S. Department of Justice would bump up funding for investigations into financial fraud and the Deepwater Horizon oil spill, paid in part by reducing money for the local detention of illegal immigrants.
Analysts at the U.S. Securities and Exchange Commission’s Los Angeles office failed to follow up on numerous red flags during a 2005 investigation of a company later implicated in a $670 million Ponzi scheme, the agency’s inspector general has said.
An Ecuadorean court has slapped Chevron Corp. with a judgment of at least $8 billion in a high-profile lawsuit over pollution and contamination in the Amazon rain forest.
A New Jersey jury sided with Merck & Co. Inc. on Monday in the first Fosamax case to go to trial in a state court, freeing the company from claims its osteoporosis drug was to blame for a woman's jaw bone decay.
President Barack Obama's proposed 2012 budget, announced Monday, calls for $2.7 billion in resources for the U.S. Patent and Trademark Office and $526 million for the International Trade Administration to boost intellectual property protection at home and abroad.
Bell Helicopter Textron Inc. has been awarded $22.5 million in its suit accusing the government of Iran of selling helicopters that infringe the company's trade dress and design patents.
The U.S. Securities and Exchange Commission filed suit against three former executives of bankrupt IndyMac Bancorp Inc. on Friday, saying they misled investors about the mortgage lender’s deteriorating condition while trying to sell IndyMac shares.
The U.S. said Friday that it had asked the World Trade Organization to resolve two disputes with China over its imposition of duties on American steel imports and its alleged discriminatory treatment of American payment card companies.
An international arbitration panel has ordered Ecuador to block enforcement of an anticipated ruling of as much as $113 billion against Chevron Corp. in a bitter legal battle over pollution in the Amazon rain forest.
A Delaware judge overseeing a putative shareholder class action said Friday he would likely delay a private equity group's proposed $5.3 billion acquisition of Del Monte Foods Co. after hearing evidence Barclays Capital deceived Del Monte directors about the deal.
A federal judge has decided to let Burger King Corp. franchisees refile a class action accusing the company of lowering cheeseburger prices in a bad faith breach of contract, backing off an initial dismissal with prejudice.
Mattel Inc. has accused the head of MGA Entertainment Inc. of destroying evidence in their seven-year legal fight over the rights to Bratz dolls, which were designed by an MGA employee allegedly still under contract to Mattel.
Boston-based custody bank State Street Corp. was hit with a proposed class action Thursday by an Arkansas pension fund alleging it overcharged for foreign currency exchange transactions.
A bankruptcy judge tapped Mario M. Cuomo on Thursday to mediate a trustee's adversary fight accusing the owners of the New York Mets of reaping $300 million in bogus profits from Bernard L. Madoff's Ponzi scheme.
The former chairman of Pennsylvania investment banking firm Keystone Equities Group has pled guilty to insider trading charges, admitting that he received tips from a former Ernst & Young LLP partner about impending corporate acquisitions.
Bankrupt video store chain Blockbuster Inc. is reportedly considering auctioning itself off after creditors declined to give the company more money to exit court protection.
Italian carmaker Ferrari SpA agreed Thursday stop using the F150 designation to describe its new F150th Italia race car a day after Ford Motor Co. filed a suit in Michigan claiming consumers could confuse the race car with its F-150 truck.
The Second Circuit on Thursday revived a putative class action alleging that investment firm Blackstone Group LP failed to disclose material information to investors in connection with its $4.5 billion initial public offering in 2007.