(Reuters) – A U.S. judge granted preliminary approval on Thursday to Bank of America’s $72.5 million settlement with women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein. U.S. District Judge Jed Rakoff in Manhattan scheduled an August 27 hearing to consider (…)
(Reuters) – A federal judge on Monday rejected JPMorgan Chase’s bid to dismiss Wells Fargo’s breach of contract lawsuit to recoup losses for investors in a defaulted $481 million commercial real estate loan. U.S. District Judge Dale Ho in Manhattan said Wells Fargo, (…)
(Reuters) – The U.S. customs agency said on Tuesday it was making progress in setting up a streamlined process for refunding some $166 billion in tariff collections deemed illegalby the Supreme Court, but that its new system could take up to (…)
(Reuters) – A U.S. appeals court on Friday threw out a Federal Trade Commission order barring TurboTax maker Intuit from advertising its popular tax preparation software as “free” when many taxpayers areineligible. In a 3-0 decision, the 5th U.S. Circuit (…)
Reuters) – Music publishers Universal Music Group, Concord and ABKCO have asked a judge in California to rule that U.S. copyright law does not insulate artificial intelligence startup Anthropic fromliability for copying their song lyrics to train its AI-powered chatbot (…)
(Reuters) – Major U.S. home real estate brokerages Compass, eXp, Redfin and two others must face a lawsuit by buyers accusing them of conspiring to fix commissions and inflate home prices,a federal judge ruled on Tuesday. In her order, U.S. (…)
(Reuters) The U.S. government’s work to build a four-part system to refund $166 billion in illegal tariff collections with interest is between 40% and 80% complete, according to a court filing on Thursday. Brandon Lord, an official with U.S. Customs (…)
(Reuters) UBS agreed in principleto settle a lawsuit by whistleblower Trevor Murray, a former bond strategist who said the Swiss bank fired him in retaliation for refusing to publish misleading research reports, ending a long-running case that went to theU.S. (…)
(Reuters) – An appeal containing fake case citations that misrepresent the law can be dismissed as frivolous, a U.S. federal appeals court panel said in a decision sanctioningtwo attorneys who submitted filings that bore hallmarks of artificial intelligence “hallucinations.” The (…)
(Reuters) – A group of 24 U.S. states sued President Donald Trump’s administration on Thursday in the first legal challenge to his newly imposed 10% global tariffs, alleging that the president cannot sidestep a recent U.S. Supreme Court ruling that (…)