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Litigation, mainly under state and federal statutes, focused most often on breach of warranty and failure to warn.
By Mike Scarcella | May 17, 2017
A senior U.S. national bank inspector punished in the aftermath of the Wells Fargo sham-accounts scandal sued federal banking regulators on Tuesday for information about their investigation of him. The examiner, Bradley Linskens, who joined the U.S. Office of the Comptroller of the Currency in 1993, filed the public-records lawsuit in Washington federal district court.
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By Max Mitchell | May 16, 2017
Philadelphia has sued Wells Fargo, alleging the bank violated the Fair Housing Act by targeting minority borrowers with high-risk and high-interest loans. The lawsuit is the first that a city has lodged against a financial institution since a recent U.S. Supreme Court ruling established that municipalities have standing to sue banks over allegedly discriminatory lending practices.
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By C. Ryan Barber | May 12, 2017
Anthem Inc. is dropping its bid to acquire rival health insurer Cigna Corp., and the company's stepping up the conflict in refusing to pay a $1.85 billion breakup fee. Uber Technologies and San Francisco tax authorities are fighting over public access to driver names and addresses—the latest confrontation between the ride-hailing company and regulators. And the clock expired on a Republican-led bid, through the Congressional Review Act, to void the Consumer Financial Protection Bureau's prepaid card rule. This is a roundup of regulatory action.
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By Marcia Coyle | May 11, 2017
The Trump administration's U.S. Justice Department is both simultaneously challenging and backing the Consumer Financial Protection Bureau, creating a litigation whirlwind as Republicans and business advocates push reforms that would strip some power from the Obama-era federal agency.
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By Ross Todd | May 11, 2017
Plaintiffs lawyers led by Lieff Cabraser's Elizabeth Cabraser intend to seek roughly 15 percent of the settlement fund, or $180 million.
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By C. Ryan Barber | May 11, 2017
Months after Apple faced off with the FBI over an order to unlock an iPhone connected to the San Bernardino shooting investigation, Amazon.com Inc. was thrust center-stage in its own digital privacy debate when Arkansas prosecutors demanded data from a murder suspect's Echo device. Amazon initially objected to the demands last year, only to later grant access after the suspect consented to the release of the data. Speaking Thursday at a Consumer Federation of America conference in Washington, an in-house lawyer at Amazon stated flatly: "No, Echo is not spying on you."
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By Michael Booth | May 8, 2017
The New Jersey Bureau of Securities is conducting its annual examination of the more than 900 registered investment adviser firms in the state, bureau chief Christopher Gerold announced on Monday—and for the first time asking about so-called robo-advisers.
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By Charles Toutant | May 5, 2017
Courts handling class actions are unlikely to get any help from the FDA over what the word "natural" means when it comes to food.
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By C. Ryan Barber | May 2, 2017
"While we hear a lot of fabricated outrage about the impact of regulations, there is far less genuine discussion about the real costs of a failure to act," Elliot Kaye, a U.S. Consumer Product Safety commissioner, said recently in voting with the majority to advance new regulations for table saws. Democrats still hold a majority at the product-safety commission, posing one block on the Trump administration's deregulatory agenda.
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By Ben Hancock | May 1, 2017
New technology means new types of exposure. Here's a guide to some of the litigation risks posed by driverless cars, connected devices, drones and data troves.
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The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
Consulting Magazine recognizes leaders in technology across three categories Leadership, Client Service and Innovation.
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
