A U.S. federal judge on Friday dismissed a lawsuit by former Lehman Brothers Holdings Inc employees seeking to hold onetime Chief Executive Richard Fuld liable for their retirement plan losses as the Wall Street bank plunged into its 2008 bankruptcy. …
The article Lehman Exec Defeats Employee Lawsuit Over Retirement Losses appeared first on Insurance Journal.
Jon Corzine and other former MF Global Holdings Ltd officials have reached a $64.5 million settlement of litigation brought by investors seeking to hold them liable for the now-defunct futures brokerage’s 2011 bankruptcy. The preliminary all-cash settlement with Corzine, who …
The article Corzine, Ex-MF Global Officials Agree to Settle Investor Lawsuit for $64.5M appeared first on Insurance Journal.
Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc. stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire’s plan to give away nearly all of his wealth. The 10th …
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Many people dislike receiving robocalls. Araceli King disliked receiving 153 of them from a single company. Time Warner Cable Inc. must pay the insurance claims specialist $229,500 for placing 153 automated calls meant for someone else to her cellphone in …
The article Insurance Claims Specialist Wins $230K in Robocall Complaint Against Time-Warner appeared first on Insurance Journal.
A federal judge has approved $53.8 million in settlements for 82 unionized cleanup workers who claimed they were made ill by exposure to toxic dust near the World Trade Center site, court papers showed. The workers were among roughly 1,000 …
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