The Federal Deposit Insurance Corp sued 11 former executives and directors of a failed bank as it works to recover as much as $2 billion suffered by one of its funds during the financial crisis.
The FDIC filed the lawsuit in the U.S. District Court of…
Toyota Motor is once again defending itself against claims that it sought to cover up vehicle defects after it reportedly bought back cars that accelerated unintentionally but failed to disclose the problem to federal safety of…
In a trial that starts Monday, Oracle CEO Larry Ellison says he intends to prove that incoming Hewlett-Packard chief executive Leo Apotheker stole ideas from Oracle in his previous position as head of European competitor SAP.
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German automaker Daimler has won its appeal of a court ruling that would have required the German automaker to pay $324 million to former Daimler-Benz shareholders who claimed they weren’t adequately compensated in the $36 bil…
Lender Processing Services plays a key role in the mortgage foreclosure process as a go-between for banks and lawyers handling foreclosures. But two class actions challenge how LPS and a similar firm do business. At stake: Pote…