United States Attorney Duane A. Evans announced that Larry Williams, age 49, of New Orleans, was sentenced last week for Conspiracy to Commit Wire Fraud, in violation of Title 18, United States Code, Section 371, arising out of a staged …
On-demand delivery drivers for Grubhub are subject to the company’s mandatory arbitration clauses in their contracts, the Massachusetts Supreme Judicial Court has ruled in overturning a lower court that found the drivers were entitled to an exemption under federal law. …
The federal judge administering more than 230,000 lawsuits against 3M Co. questioned whether the industrial giant acted in good faith when it decided to try to shift the cases to bankruptcy court instead of facing separate jury trials around the …
A disbarred New York lawyer was sentenced yesterday to 36 months in prison for defrauding investors in his now bankrupt litigation finance firm called Cash4Cases. According to Damian Williams, the U.S. Attorney for the Southern District of New York, Birnbaum …
London is in danger of becoming a mere “regional stock market” down the line unless it significantly raises its game — that is the warning from Mark Austin, the latest person charged with sprucing up the UK’s listing rules and …
Howden, the London-based international insurance broker, announced it had agreed to acquire C.R.F. Conseils (CRF), an independent broker that specializes in financial lines. Financial details of the deal were not disclosed. This is Howden’s first acquisition in France since appointing …
The Hilb Group has acquired Massachusetts-based King and Cushman Agency, further expanding the company’s presence throughout New England. Based in Northampton, King and Cushman has served the area for nearly 100 years, offering personal and commercial property/casualty insurance. Agency Principal …
AXA XL promotes Chris Lee to Head of E&S property; Mathew Waters to Lead Middle Market AXA XL has promoted Christopher Lee to lead its excess & surplus property insurance business. Based in New York, he reports to Michele Sansone, …
The National Weather Service has confirmed that a small tornado touched down in suburban Chicago Saturday. Snapped trees and minor damage to roofs in Naperville were reported Saturday, meteorologist Todd Kluber said. The tornado touched down about 5:40 a.m. and …
The owner of an underwater oil pipeline that spilled some 25,000 gallons of crude into the ocean off Southern California last year will pay nearly $1 million in cleanup costs. The Orange County Board of Supervisors on Tuesday agreed to …