General Motors Co. said recall and car-loan charges for this year rose 8 percent to $2.7 billion, as the company is hit almost daily with new lawsuits over the call-ins.
Read More »GM hit with record $10 billion lawsuit for losses
General Motors Co. was hit with its biggest lawsuit so far over serial recalls, brought on behalf of drivers of 27 million vehicles seeking more than $10 billion in compensation for fallen car prices.
Read More »GM may face punitive damages for switch defect, advisers warn
General Motors Co.’s lawyers have warned the carmaker it might face punitive damages over ignition switch defects if its customers go to trial, creating an urgent need to settle lawsuits.
Read More »GM car owners claim bankruptcy fraud to keep lawsuits alive
General Motors Co.’s request for court protection from 50 car-owner lawsuits seeking compensation for millions of recalled autos with defective ignition switches was attacked as legally “unsupportable.”
Tagged with: bankruptcy fraud General Motors Corp.
Read More »GM move to freeze lawsuits may cut customer payouts by billions
General Motors Co.’s move to freeze ignition-defect lawsuits in California and Texas has solid legal precedent behind it and could help slash customer demands for compensation by billions of dollars.
Tagged with: General Motors Corp.
Read More »Yahoo privacy suit lawyers want Google judge
Lawyers mounting privacy lawsuits over Yahoo! Inc.’s mail service are lining up to be heard by U.S. District Judge Lucy H. Koh after she ruled against Google Inc. in a case mirroring their clients’ accusations that Yahoo intercepted emails for its own gain without getting consent.
Read More »LinkedIn hacking suit goes to judge with internet privacy focus
A lawsuit alleging LinkedIn Corp. hacked into subscriber e-mail contacts without their consent was assigned to a U.S. District Judge who is known for what Google Inc. called her “novel” approach to Internet privacy.
Read More »Google seeks to appeal federal judge’s Gmail wiretap ruling
LinkedIn customers allege company hacked email accounts
The customers allege LinkedIn Corp. appropriated their identities for marketing the site without their consent by hacking into their external email accounts and downloading contacts’ addresses.
Read More »California’s Madoff investor lawsuit is illegal, Picard says
California Attorney General Kamala Harris is breaking the law by suing to recoup illegal profits from Bernard Madoff’s fraud in competition with the Madoff trustee, according to a court filing.
Read More »Consumer bankruptcies could hit 1.4 million
Consumer bankruptcies show no sign of abating after rising more than a third this year and may hit 1.4 million by Dec. 31 as jobs are lost and loans are harder to get, according to the trade group American Bankruptcy ...
Tagged with: American Bankruptcy Institute consumer bankruptcy
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