In another lawsuit involving accounting firms, PricewaterhouseCoopers (PwC) and Crowe Horwath will face claims accusing them of professional malpractice and breach of contract. It’s alleged... Read more
A New Jersey federal jury has returned a $106.7 million verdict against GlaxoSmithKline LLC (GSK) in a suit brought by Mylan Inc. The jury found that GSK breached an exclusive contract by al... Read more
Alaska’s Attorney General, Dan Sullivan, announced last month that Alaska has settled a breach of contract and professional malpractice lawsuit against its former actuary for $500 mill... Read more
A jury in Oklahoma recently returned a $130 million verdict against Farmers Insurance Co., the Los Angeles-based subsidiary of Zurich Financial Services. A group of Oklahoma homeowners, who... Read more
Mississippi Attorney General Jim Hood has reached a settlement of the state’s breach of contract suit against State Farm. The suit was filed after State Farm refused to comply with a J... Read more
A federal court jury in Montana awarded a woman $5.3 million in damages last month in a bad-faith insurance claim case. It was the largest bad faith verdict in Montana history. The jury rule... Read more
A federal jury has awarded the mayor of a small North Dakota town more than $2 million in a lawsuit over an insurance company’s failure to pay a valid insurance claim after a fire. Tim... Read more
Private-equity firms Thomas H. Lee Partners LP and Bain Capital Partners LLC have filed lawsuits against a syndicate of Wall Street banks over the deal for Clear Channel. In the suit, the pl... Read more
A jury has awarded a 54-year-old Washington man $40.1 million against a medical device manufacturer. Paramjit Singh went to a hospital in 2004 following a minor heart attack. The man’s... Read more
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