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BofA to announce settlement with Justice Department in Countrywide lending probe, source says

The Justice Department is expected to announce Wednesday a settlement with Bank of America Corp. that resolves accusations that its Countrywide Financial unit engaged in discriminatory mortgage-lending practices, according to a person familiar with the matter.

 

Judge dismisses $1B lawsuit against Microsoft

Novell Inc. sued the software giant in 2004, claiming Microsoft duped it into developing the once-popular WordPerfect writing program for Windows 95 only to pull the plug so Microsoft could gain market share with its own product. Novell says it was later forced to sell WordPerfect for a $1.2 billion loss.

 

Mass. AG sues five major banks over foreclosures

Massachusetts' top lawmaker has sued five top U.S. banks for allegedly foreclosing illegally on homes in the state and for deceptive loan servicing, including robo-signing.

 

Smartphone 'surveillance' app row

Carrier IQ threatens and then drops legal action against a developer who claimed that the company's code could be used to monitor smartphones.

 

Tobey Maguire, others settle over poker winnings

Tobey Maguire, others settle over poker winnings

Court records show Tobey Maguire has agreed to pay $80,000 to settle a lawsuit filed over money he won in high-stakes poker matches from a convicted Ponzi scheme operator....

 

Merck to pay nearly $1 billion to settle U.S. charges

Merck to pay nearly $1 billion to settle U.S. charges

Merck & Co will pay roughly $950 million to settle criminal and civil charges that it promoted the painkiller drug Vioxx for an unapproved use, the U.S. Justice Department said on Tuesday.

 

U.S. sued for $25 billion over AIG takeover

A company run by former American International Group Chief Executive Maurice "Hank" Greenberg has sued the United States, claiming that the government takeover of the insurer was unconstitutional.

 

After shocking incidents, Chinese struggle to instill kindness

In many provinces, laws are being revised to indemnify Good Samaritans against being sued if their efforts fail: a chief reason why Chinese say they are reluctant to try to help. How do you turn Bad Samaritans good?

 

Bieber Hires Crisis Team

Justin Bieber went on "The Today Show" and denied the claims made by a San Diego woman that he got her pregnant backstage after one of his shows. "I'd just like to say, basically, that none of those allegations are true," he said Friday morning. "I know that I'm going to be a target, but I'm never going to be a victim."

Senh: I guess it is statutory rape if it's true. Wouldn't she get jail time first if she is indeed the mother? I guess it might still be worth it financially - being paid millions in child support for a couple years in jail. It's a better deal if the judge is lenient.

 

Bieber spokeswoman denies he fathered a child

Bieber spokeswoman denies he fathered a child

A spokeswoman for Justin Bieber calls "demonstrably false" an allegation the singer fathered a baby by a woman who has filed a paternity suit against the teen heartthrob... Online court records show Mariah Yeater filed a paternity lawsuit against Bieber, 17, on Monday in San Diego Superior Court. California law keeps paternity matters confidential but Radar Online posted a copy of the lawsuit on its site.

Senh: Dang, he was only 16 at the time, barely legal for consentual sex. Yes, I had to look it up. She was probably 19. If this is true, then Bieber will probably get millions to tour the company and speak about teen pregnancy. UPDATE: Ok, in California, the age of consent is 18, so if this is true, then it is statutory rape.

 

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