500

Exactly How and Why Zenimax Was Awarded $500M in Lawsuit Against Oculus

The years-long legal battle between Zenimax and Oculus drew to a close yesterday, as the court ruled in Zenimax’s favor after two days of deliberations. As a result, Zenimax is owed a total of $500 million for a variety of charges against Oculus, CTO John Carmack, and co-founders Palmer Luckey and Brendan Iribe. Now that the dust has had a chance to settle, a pair of legal experts sat down to …


Caterpillar Reaches Class-Action Settlement Over Alleged Engine Defects, ACERT Owners to Get Payments

Anyone who had six or more CRS-related repairs done to a Caterpillar ACERT engine is eligible for $10,000. A settlement has been reached in the class-action lawsuit that alleged Caterpillar’s 2007-2010 year model ACERT C13 and C15 engines were defective, driving up costs for owners and driving down resale value. Cat’s ACERT engines were introduced as the company’s alternative to exhaust-gas …


Appeals Panel: Fresh Look Needed at TCPA Class Actions vs Insurers, So Don’t Only Enrich Lawyers

A panel of state appellate justices could have simply found an insurer wasn’t obligated to pay to cover a $4 million settlement reached to end a lawsuit brought by a suburban engineering firm that claimed it had received so-called “junk fax” advertisements. But the justices used the occasion to also send a message to the lawyers it says are responsible for a “proliferation” of potential junk …