Lawsuit | featured news

The Justice Department and state prosecutors plan to file civil charges against Standard & Poor’s Ratings Service, accusing the firm of fraudulently rating mortgage bonds that led to the financial crisis, people briefed on the plan said.

The Justice Department filed a lawsuit Thursday to stop Anheuser-Busch InBev's proposed $20.1 billion purchase of Mexican brewer Grupo Modelo, which would unite the ownership of popular beers like Budweiser and Corona.

An aide to former Gov. Arnold Schwarzenegger said he was so taken by Lance Armstrong's first memoir of battling back from cancer to win the Tour de France multiple times that he immediately read it "cover to cover" and recommended it to several friends. Now he wants his money back — and then some. Rob Stutzman and several others who bought Armstrong's "It's Not About The Bike" and "Every Second Counts" have filed a lawsuit in Sacramento federal court. It alleges Armstrong duped them into believing the books were inspirational true accounts of the cyclist's accomplishments done without performance-enhancing drugs.

Emails from former Apple CEO Steve Jobs, published below, are at the center of a lawsuit that that connects the tech industry's most powerful executives and companies. Five tech workers are suing Apple, Google, and Intel. They say that top executives at these companies agreed to not hire each other's employees.

The family of Junior Seau has sued the NFL, claiming the former linebacker's suicide was the result of brain disease caused by violent hits he sustained while playing football....

McDonald's and one of its franchise owners agreed to pay $700,000 to members of the Muslim community to settle allegations a Detroit-area restaurant falsely advertised its food as being prepared according to Islamic dietary law.

Texas company SCA Promotions plans to file a lawsuit next week to recoup $12m from disgraced cyclist Lance Armstrong.

By admitting to Oprah Winfrey that he doped during his professional cycling career, Lance Armstrong potentially opened himself up to a stream of litigation that could lighten his wallet for years....

A lawsuit claims that the rescue by the government deprived A.I.G.'s shareholders of tens of billions of dollars and took private property for public use without appropriate compensation.

Pennsylvania Gov. Tom Corbett announced plans Wednesday to file an anti-trust lawsuit against the NCAA over its sanctions against Penn State University following the Jerry Sandusky child sex abuse scandal.