Panera Bread Co. has agreed to pay $5.75 million to settle a consolidated shareholder class action accusing the company and its directors of making false and misleading projections about its future growth based on a new strategy and a new pizza.
Casey's General Stores Inc. sued the owner of the Subway restaurant chain on Friday to secure a ruling that the sandwich maker has no trademark rights to the supposedly generic term “footlong.”
A magistrate judge has recommended certifying a class of Starbucks Corp. baristas in Massachusetts and granting summary judgment on a state wage law claim challenging the inclusion of shift supervisors in the baristas' tip pool.
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.
A federal jury reportedly handed down a guilty verdict Thursday to a former congressional aide who accepted a World Series trip from a lobbyist, in one of the final cases of the corruption probe tied to Republican lobbyist Jack Abramoff.
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.
A federal court has certified a class of U.S. Open luxury suite attendants alleging their employers at the tennis tournament stiffed them on overtime wages.
Daimler AG announced Thursday that French investigative judges had opened an insider trading probe related to the German automaker's stock in aerospace company EADS NV, the same claims of which the country's markets regulator had cleared Daimler last year.
A shift manager at Advantage Rent A Car has filed a nationwide collective action against the car rental company, claiming it failed to pay overtime wages.
A federal judge ruled Wednesday that casino operator PA Meadows LLC does not owe $10 million to bankrupt racetrack owner Magna Entertainment Corp. in connection with a $200 million purchase agreement for MEC's Meadows Racetrack in Pennsylvania.
Fans who bought Super Bowl XLV tickets but were denied seats have tackled the Dallas Cowboys, team owner Jerry Jones and the National Football League with a proposed class action alleging breach of contract, fraud and deceptive sales practices.
A Wesco Financial Corp. shareholder has filed a putative class action seeking to block Berkshire Hathaway Inc.'s $548 million acquisition of the 20 percent of the company it doesn't already own.
Foley & Lardner LLP has snagged a former top executive of Major League Baseball who will bolster the firm's sports industry group, working on the buying and selling of sports franchises and stadium financing and construction, among other areas.
Red Zone LLC is seeking $13 million from Cadwalader Wickersham & Taft LLP for its alleged mishandling of an agreement to cap the investment company’s liability to UBS Securities LLC during Red Zone’s 2005 proxy battle with Six Flags Inc.
Berkshire Hathaway Inc. announced on Monday that it has committed to a $548 million deal to acquire the 20 percent of Wesco Financial Corp. that it does not already own.
Two former employees of a Chipotle Mexican Grill Inc. restaurant have launched a proposed class action accusing the burrito chain of sending them their final paychecks too late, in violation of a Minnesota wage law.
The bankruptcy trustee trying to recover money for the victims of Bernard L. Madoff’s massive Ponzi scheme has accused the owners of the New York Mets of reaping $300 million in bogus profits from the investment scam.
Owners and senior lenders of Las Vegas' Hard Rock Hotel and Casino asked a New York judge on Thursday to stop NorthStar Realty Finance Corp. from initiating foreclosure under a credit agreement, arguing the fellow lender was trying to spark a bankruptcy filing.
Settlement negotiations between the New York Mets' owners and Bernard L. Madoff bankruptcy trustee Irving Picard broke down Thursday, and both sides agreed that the trustee's complaint should be unsealed, according to a pair of letters.
A bankruptcy judge Wednesday declined to halt legal actions brought by Bernard L. Madoff investors against one of the Ponzi schemer's close associates, Robert Jaffe, and his firm Cohmad Securities Corp.