The city of Philadelphia filed a lawsuit Wednesday accusing Bank of America Corp, Barclays Plc, Citigroup Inc, Goldman Sachs Group Inc, JPMorgan Chase & Co, Royal Bank of Canada and Wells Fargo & Co of defrauding the city and public entities out of millions of dollars. The antitrust action claims the banks conspired to inflate [...]

The Council on American-Islamic Relations (CAIR) called on Congress on Wednesday to investigate why the US government disclosed the names and information of people on the terrorist watch list with private entities. Until now, the US had denied that the list, developed and maintained by the Terrorist Screening Center (TSC), was shared with other organizations like universities or [...]

Jessica Denson, who worked on Donald Trump’s presidential campaign, brought a class action claim on Tuesday seeking to invalidate the nondisclosure and non-disparagement agreements (NDAs) that all campaign staffers had to sign. Denson filed the claim with the American Arbitration Association. In November 2017 Denson filed a sex discrimination and slander suit against the campaign in [...]

The US Supreme Court heard oral argument Wednesday in Mission Product Holdings, Inc. v. Tempnology, LLC, a case questioning what happens to a licensee’s trademark rights when a licensor goes bankrupt. Tempnology, LLC, a company specializing in cooling technology for towels and headbands among other things, had licensed a series of patents and trademarks to [...]

The US Supreme Court on Wednesday ruled that the Due Process Clause of the Fourteenth Amendment incorporated the Eighth Amendment’s Excessive Fines Clause to the states. The case, Timbs v. Indiana, centered on a civil forfeiture after authorities arrested Tyson Timbs on drug and conspiracy to commit theft charges. Authorities confiscated Timbs’ Land Rover, which he [...]

Judge Lorna Schofield of the US District Court for the Southern District of New York on Tuesday rejected Credit Suisse Group AG’s attempt to dismiss a lawsuit accusing the bank of defrauding shareholders. The lawsuit, brought by pension and retirement plans, accuses Credit Suisse of “defrauding shareholders about its risk appetite and risk management before [...]

The US Department of Transportation on Tuesday formally notified the California High Speed Rail Authority (CHSRA) of the intention to terminate the agreement to build a high speed train between Los Angeles and San Fransisco. The defunding is the result of CHSRA failure to make reasonable progress on the project. The deobligation of $928,620,000 is [...]

The US Supreme Court held Wednesday in Dawson v. Steager that West Virginia tax policy that taxes the pension of a retired federal marshal but not of state and local law enforcement violates 4 USC § 111. After James Dawson retired from the US Marshals Service, his home state, West Virginia, taxed his federal pension [...]

A US appeals court on Tuesday reopened a $1 billion lawsuit by Palestinians claiming more than 30 pro-Israel American entities and individuals are liable for alleged war crimes and support of Israeli settlements in the West Bank, East Jerusalem and the Gaza Strip. The complaint alleges that the defendants engaged in a conspiracy to expel [...]

US Supreme Court Justice Clarence Thomas on Tuesday called for the court to review its ruling in New York Times v. Sullivan, a libel case that challenged freedom of press protections. Writing a concurrence to a denied petition for certiorari, Thomas argued that the current threshold for plaintiffs is “almost impossible” because: Under this Court’s [...]