Brazilian oil giant Petrobras has agreed to a tentative settlement to pay $2.95 billion to resolve an investor class action. Read more
The number of class action securities fraud suits filed in federal court surged to a record high in the first half of 2017. Read more
The fund, which had invested $100,000 in one of the securities, filed suit against subprime lender NovaStar. Read more
It’s believed this settlement is likely among the last major payments Pfizer will make over the two drugs. Read more
Amgen appealed a 2009 class certification order that was upheld by the Ninth Circuit in 2011. Read more
HSBC acquired Household in 2003, and the company was later renamed HSBC Finance Corp. Read more
The court finds the settlement and plan of allocation to be fair, adequate, and reasonable to the settlement class and therefore is granting final approval. Read more
Securities class-action lawsuits, including claims against auditing firms, have reached a five-year high. Read more
Hewlett-Packard Co. (HP) has agreed to pay $100 million to settle a proposed securities class action over its disastrous $11 billion acquisition of British software company Autonomy Corp. PL... Read more
In another order, U.S. District Court Judge Keith P. Ellison, who as we stated above is the Texas federal judge overseeing multidistrict securities litigation against BP PLC over the Deepwat... Read more
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