Court Cases

Fraud

U.S. Judge Rules Texas Tycoon Committed Tax Fraud

Judge Barbara Houser ruled that there was 'clear and convincing evidence' Sam Wyly committed tax fraud, rejecting his arguments that he relied on professional advisers to vet the offshore system.
Court Cases

If Uber Drivers Are Employees, They're Owed $730 Million More, Say U.S. Court Papers

The figures had been redacted in the original settlement deal proposed last month, but a San Francisco federal judge ordered them unsealed.
Patents

Groupon Sues 'Once-Great' IBM Over Patent

The latest lawsuit concerns IBM's WebSphere Commerce platform, which Groupon said lets merchants send messages to customers with GPS-enabled devices based on their real-time locations, and their use of social media including Facebook.
Court Cases

Facebook Beverages Won't Be a Thing in China After Rare Trademark Win

The Beijing Municipal High People's Court said the Zhongshan Pearl River Drinks application to label certain foods and beverages 'face book' was an obvious act of copying and harmed fair market competition.
Mark Zuckerberg

Facebook CEO Urges Brazilians to Decry WhatsApp Block

The app has been suspended two times in five months in Brazil.
Johnson & Johnson

Johnson & Johnson Ordered to Pay $55 Million in Talc-Powder Trial

The company had lost a previous trial and faces approximately 1,200 lawsuits accusing it of not adequately warning consumers about its talc-based products' cancer risks.
Court Cases

Chief Justice John Roberts Calls U.S. Patent Challenge Process Bizarre

The Supreme Court is hearing a case about an invalidated speedometer patent.
Bankruptcy

SunEdison Files for Chapter 11 Bankruptcy Protection

The solar energy company is one of the largest non-financial companies to file for bankruptcy protection in the past decade.
Tobacco

Philip Morris Wins Missouri Class Action Trial Over 'Light' Cigarettes

The plaintiffs were seeking an estimated $1.8 billion.
Mergers and Acquisitions

U.S. Government Asked Amazon to Lie in Staples-Office Depot Merger Case, Judge Says

'The public ought to know that the government wanted Amazon to say some things that weren't true,' Emmet Sullivan said.
Apple

Government Now Says it May Not Need Apple to Unlock iPhone, Postpones Hearing

The government had insisted until Monday that it had no way to access the phone used by one of the killers in the December massacre in San Bernardino, Calif.
Court Cases

Supreme Court Agrees to Hear Samsung-Apple iPhone Patent Fight

The appeal to the top court could clarify how important design is to the overall value of products involved in patent disputes.
Apple

Justice Department Calls Apple's Rhetoric 'Corrosive' in iPhone Case

The government said Apple 'deliberately raised technological barriers' to prevent execution of a warrant.
Home Depot

Home Depot to Pay $19.5 Million Over Big 2014 Hack Attack

More than 50 million cardholders were affected in the breach.