Due

Wilmington Trust Reaches $60M Settlement With Prosecutors

Wilmington Trust Corp., the only financial institution to be criminally charged in connection with the federal bank bailout program, reached a $60 million settlement with prosecutors Tuesday just as the corporation and four former top executives were set to go to trial on bank fraud charges. “The bank being removed from the case has really upset the strategy and planning and preparation for the …


[Opinion] Why the First Lawsuit Against Trump’s Trans Troops Ban Is So Ingenious

In their lawsuit, the National Center for Lesbian Rights (NCLR) and GLBTQ Legal Advocates & Defenders (GLAD) allege the White House has turned Trump’s tweets into “official guidance … to be communicated to the Department of Defense.” They argue that this guidance infringes upon the equal protection and due process rights of trans troops. According to their complaint, the “categorical exclusion …


$2b Lawsuit Has Investors Worried About Angola

US-based oil company Cobalt filed for arbitration for a $2-billion suit against Angola’s state-run Sonangol oil giant last week, according to court documents found by Reuters. The two parties were due to reach an agreement on license extensions for two deepwater blocks, but negotiations broke down last year. Now Cobalt claims a $2 billion award, plus interest and other costs, as compensation …


State Settles Lawsuit Alleging It Blocked Minority Voters

Georgia has settled a federal lawsuit that accused Secretary of State Brian Kemp of disenfranchising minority voters because of a requirement on registration forms that critics said blocked thousands of them from voter rolls. The state will no longer reject applications that don’t exactly match identification information in state and federal databases as part of the agreement, which was …


Tesla Settles Lawsuit With Angry Norway Motorists

The Oslo District Court had been due to examine a lawsuit filed by some 130 owners of Tesla S P85D, a sedan with one of the fastest accelerations in the world. The plaintiffs complained the real power of their cars was “only” 469 horsepower and not 700 horsepower as promised by Tesla. But both sides reached an out-of-court settlement, lawyers for the plaintiffs said.


Former Ducks Basketball Players Refile Lawsuit Against University

As expected, three former University of Oregon basketball players have refiled a federal lawsuit that alleges they were treated unfairly and wrongly punished by UO officials after a female student accused them of an off-campus sexual assault in 2014. U.S. District Judge Michael McShane dismissed the players’ suit against the UO in September but ruled it could be refiled if numerous …


Valley Center Teacher Suing District, Citing Breach of Contract

A Valley Center teacher is suing the district, citing breach of contract after she was terminated without due process earlier this year. Janet Decker, who worked as a gifted-program coordinator at Valley Center High School and Valley Center Middle School for 16 years, was issued a notice in April that her contract would not be renewed for the current school year, according to a lawsuit filed …


Jury Rules Chipotle Discriminated Against Pregnant Employee

A former Chipotle worker is looking forward to a big payout from her past employer. According to the Washington Business Journal, a U.S. District Court jury in Washington, D.C., awarded Doris Garcia Hernandez $550,000 in compensatory and punitive damages this week after finding her former manager had discriminated against for being pregnant. Based on the filing, back in 2011, Hernandez informed …


Ruling Goes Against Indiana’s ‘strong Public Policy’ of Enforcing Contracts

A federal judge ruled Tuesday in a lawsuit challenging the town of Fortville’s procedure for disputing unpaid water bills that class members’ constitutional rights to procedural due process trump the state’s public policy of enforcing contracts. Bobbi Kilburn-Winnie and Michelle Allen-Gregory had their water service disconnected after not paying their bills on time. They allege that the …


MasterCard Inc (MA): Additional Charges on Consumers Uncalled For!

MasterCard Inc (NYSE:MA) is facing an expensive lawsuit, which is expected to increase its litigation cost by the end of 2016. The payment processing company is accused of imposing additional card charges, which were ultimately borne by British consumers. It might be the first US-style class action lawsuit in the UK, which might increase the uncertainty associated with the stock.