Legal

S&P under DOJ scrutiny over mortgage ratings Thu, 08/18/2011 - 13:11 by Jaspreet Virk The U.S. Department of Justice is probing Standard & Poor's over its ratings of mortgage securities in the years that led to financial turmoil, according to The New York Times. Comments Read more	Agencies still to recover artifacts, records lost after 9/11 Sun, 07/31/2011 - 15:07 by Dipankar Roy The attack on World Trade Center (WTC) on Sept. 11, 2001 not only left nearly 3,000 dead, and reduced the buildings to ashes, but also destroyed thousands of records, and priceless historical documents, according to reports. Comments Read more	Microsoft directed to pay $70mn to Alcatel-Lucent Sat, 07/30/2011 - 13:51 by Jamie Anderson In what brings an end to a years old patent dispute, Microsoft has been ordered to pay $70 million to Alcatel-Lucent by a jury in San Diego. Comments Read more
Apple revs up effort to seek injunction against Samsung devices Tue, 07/12/2011 - 11:55 by Dipankar Roy In a latest lawsuit filed in a U.S. court, Apple is seeking a ban on import of Samsung’s smartphones, including Samsung Galaxy devices, in the United States. Comments Read more	Cameron under pressure to delay News Corp., BSkyB deal Mon, 07/11/2011 - 16:03 by Rahul K. Chaudhary News Corp.’s troubles don’t seem to be ending any time soon. Comments Read more	Pressure mounting on News Corp in Dowler murder case Wed, 07/06/2011 - 16:02 by Rahul K. Chaudhary Ford Motors’ U.K division has pulled advertising from the News of the World Tuesday following allegations that top selling newspaper from News Corp allegedly supported the phone-hacking of a 13-year-old kidnapped girl Milly Dowler. Comments Read more
Home owners oppose BoA's plans to sell Tamarack ski lifts Tue, 07/05/2011 - 11:19 by Anter Prakash Singh The homeowners at Tamarack Resort at Idaho are a worried lot. The Bank of America has applied for the removal of two lifts installed there after the resort defaulted in paying to the bank. Comments Read more	Bank of America nears $8.5 billion on securities refund Wed, 06/29/2011 - 10:03 by Rahul K. Chaudhary In a deal likely to resolve its disputes with a group of influential investors that endured financial loss on securities backed by mortgage, the Bank of America is nearing an $8.5 billion reimbursement to its investors in order to settle their damages claims. Comments Read more	Google faces $418m damages claim Tue, 06/28/2011 - 21:56 by Rahul K. Chaudhary In the largest damages claim ever faced by Google in Europe, the search engine giant has been dragged by the French search engine 1PlusV into a 295 million Euros ($418 million) lawsuit. Comments Read more
Madoff trustee seeks $19 billion from JPMorgan Sat, 06/25/2011 - 15:09 by Rahul K. Chaudhary Irving H. Picard, the trustee seeking damages over Bernard Madoff's alleged fraud that scammed around 1200 investors including HSBC has filed a $19 billion reimbursement lawsuit against JPMorgan Chase & Company. Comments Read more	Sony , Starz dispute costs Netflix dear Wed, 06/22/2011 - 16:03 by Anter Prakash Singh The dispute between Sony and its pay TV associate, Starz, has resulted in making several movie titles unavailable on Netflix. Meanwhile it's rival, Dish Network, is trying to cash in on the situation. Comments Read more	FCC mulling new rules to curb mystery fees in phone bills Tue, 06/21/2011 - 12:25 by Anter Prakash Singh The Federal Communications Commission (FCC) announced Monday that it is mulling new rules to curb the menace of mystery fees levied in the bills of consumers by phone companies, a move aimed at protecting consumers from the ‘bill shock’. Comments Read more