A Seattle jury found Ernst & Young liable Friday in investment firm FutureSelect's negligence suit over its alleged failure to properly audit a feeder fund for Bernie Madoff's bogus securities firm, finding the auditors responsible for half of $20.3 million in damages.
A Texas federal jury convicted two brothers on Thursday for their roles in a scheme to use a federal visa program to bring computer consultants into the U.S. so they could then farm out the workers in unauthorized ways.
A New York federal jury on Friday found Morgan Stanley not liable for insider trading in the stock of an auto parts maker during the 2008 financial crisis, rejecting civil claims filed by a Russian billionaire who invested in the same company.
An Oklahoma federal judge's decision Thursday to overturn a $6.31 million jury verdict in an antitrust bellwether against Cox Communications cues up a high-stakes appeal that could influence class actions nationwide accusing Cox and other cable providers of illegally tying set-top box rentals to premium cable services.
A Texas state jury awarded nearly $5.4 million to a couple accusing Wells Fargo NA and others of “robosigning” documents that led to the wrongful foreclosure of their home, holding that the banking giant knew that documents supporting the foreclosure were fraudulent.
A jury has awarded $21.5 million to an Illinois resident who claimed he suffered a traumatic brain injury, dental damage and other injuries when an automatic sliding glass door on one of Seattle-based Holland America Line’s cruise ships unexpectedly closed and hit his head.
TVIIM urged a California federal judge Thursday to grant it a new trial accusing McAfee of infringing a patent on security software, arguing that McAfee used conflicting interpretations to convince a jury that the patent was invalid and that McAfee didn't infringe it.
An attorney for a real estate tax firm Goldberg & Iryami PC told a federal jury on Thursday how former New York Assembly Speaker Sheldon Silver reaped hundreds of thousands of dollars in referral fees by getting two major Manhattan developers to take their business to the boutique firm.
The Federal Circuit on Thursday upheld a trial court’s decision that four of five patents Merck & Co. Inc. holds for the blockbuster antibiotic Cubicin are invalid, a decision that could allow rival Hospira Inc. to sell a generic version as soon as 2016.
A New York federal jury on Thursday began deliberations in a Russian oligarch’s suit accusing Morgan Stanley of insider trading at the height of the 2008 financial crisis after a judge rejected the bank’s midtrial bid to dismiss the claims.
A small, Christian-oriented television distributor told a Maryland federal judge at the start of an $11 million contract breach trial Thursday that Discovery canceled the company's Internet-based broadcasting license only after Dish complained it was not enjoying similar rights.
A Johnson & Johnson unit accused of making defective pelvic mesh implants that cause painful infections has reached a settlement in a would-be bellwether trial that was scheduled to begin this month, according to a filing in Georgia federal court.
A federal judge on Thursday overturned a $6.31 million verdict against Cox Communications in a closely watched antitrust trial, saying a jury was wrong to find that Cox had pushed out competitors in the Oklahoma City market where it was accused of forcing cable subscribers to rent its own set-top box.
A Yale University medical professor testified for sugar refiners Tuesday in their $1.1 billion California false advertising suit against makers of high fructose corn syrup, saying the relatively new sweetener has "infiltrated foods that people don't expect to be sweet."
Weitz & Luxenberg PC attorneys on Tuesday told a New York federal jury in the corruption trial of former New York Assembly Speaker Sheldon Silver that the once powerful politician was hired to boost the stature of the asbestos-litigation focused law firm, and not to do any actual casework.
A D.C. federal judge on Tuesday denied four former Blackwater Worldwide guards a new trial on murder and manslaughter charges stemming from a 2007 shooting in Iraq, saying a key witness’s victim impact statement does not disprove his testimony in light of the evidence against them.
Boeing asserted during opening statements in a California federal bench trial Tuesday that a Russian state-controlled space company's subsidiaries must cover the $111 million their parent owes Boeing over a failed satellite-launching joint venture because the subsidiaries were created solely to keep Boeing from collecting.
An auto racer urged a Florida appeals court at a Tuesday hearing to restore the entirety of a more than $1 million jury verdict against his former team, but it was the judges' reaction to an argument from the team's attorney that appeared to bode well for the racer's position that he stated a valid claim for fraud, not just breach of contract.
A Second Circuit panel ordered a new trial Tuesday in a breach of contract case, saying a federal jury had erred in awarding $3 million to an aircraft parts manufacturer, but that a federal judge could not directly overrule it.
The criminal fraud and identity theft trial of former Bryan Cave LLP lawyer Harvey Newkirk in New York federal court was briefly disrupted Tuesday when one juror revealed that he had unwittingly served in place of his father of the same name.