Litigation

Law firm Jones Day has filed a lawsuit against Center Lane Partners, alleging that the private equity firm has failed to pay more than $9.6 million in outstanding invoices for legal services rendered. The lawsuit, filed in New York Supreme Court on Feb. 3, states that in the last year, Center Lane...

Over the last couple of months, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has been entangled in several lawsuits, from regulatory scrapes to shareholder tussles to a Hollywood couple’s divorce aftermath. Amid all these legal involvements and the recent allegations of sexual misconduct...

Window and door manufacturer Jeld-Wen Holding Inc (NYSE: JELD) was on the losing end of a lawsuit last week.  A U.S. District Court jury in the Eastern District of Virginia ruled that Jeld-Wen must sell its Towanda, Pennsylvania doorskin plant in order to restore competition in the...

Litigations more often trigger strong stock moves, and this was evident in the rally by the shares of ParkerVision, Inc. (NASDAQ: PRKR) last Wednesday. ParkerVision Goes 4 Up Over Qualcomm ParkerVision announced on Wedneday that the Patent Trial and Appeal Board's latest decisions with respect...

The Federal Housing Finance Agency (FHFA) has settled the smallest securities fraud suit that remained of the 18 it had filed back in 2011, regarding mortgage-backed securities sold to Fannie Mae and Freddie Mac. First Horizon National (NYSE: FHN) on Tuesday agreed to pay $110 million, which is...

Four years ago this month, BP's (NYSE: BP) Deepwater Horizon oil rig exploded. The accident killed 11 people, injured 17 more and sent oil gushing into the Gulf of Mexico. For three months, engineers struggled to stop the leak. When they finally succeeded, millions of barrels of oil had poured...

Jerk.com has apparently exceeded its name. A better moniker might be www.LyingStealingExploiting.com, according to charges detailed in the Federal Trade Commission's complaint. On April 2nd the FTC sued Jerk.com for telling consumers that users created the profiles on its site -- when in...

Vringo (NASDAQ: VRNG) CEO Andrew Perlman gave Benzinga an exclusive interview Monday morning. Perlman opened the interview by highlighting events he is looking forward to and pointed out the cognitive radio project that Vringo is working on with Virginia Tech Intellectual Properties, “a...