Legal
Oklahoma governor vetoes bill to jail abortion doctors
Oklahoma's Republican Governor Mary Fallin vetoed a bill that called for prison terms of up the three years for doctors who performed abortions, saying the legislation "would not withstand a criminal constitutional legal challenge." Full Article
Rules for 'too big to fail' insurance firms coming soon: Fed official
The Federal Reserve will soon take up rules for insurance companies deemed "too big to fail" intended to head off risks to U.S. financial stability, as well as requirements on how much capital firms across the industry should hold, Fed Governor Daniel Tarullo said on Friday. Full Article
U.S. securities regulator takes aim at exchange-traded funds
The top U.S. securities regulator is taking aim at exchange-traded funds, with the agency's chair on Friday saying that recent events have called for giving the popular funds "enhanced attention." Full Article
Recent Legal News
Playboy's Hugh Hefner gives deposition in Cosby sex abuse case
LOS ANGELES Playboy founder Hugh Hefner has given a sworn deposition in a lawsuit brought by a woman who has accused comedian Bill Cosby of sexually abusing her as a minor at the Playboy Mansion, her lawyer said on Friday.
Oklahoma governor vetoes bill to jail abortion doctors
Oklahoma's Republican Governor Mary Fallin vetoed a bill calling for prison terms of up the three years for doctors who performed abortions, saying the legislation would not withstand a criminal constitutional legal challenge, her office said on Friday.
U.S. securities regulator takes aim at exchange-traded funds
WASHINGTON The top U.S. securities regulator is taking aim at exchange-traded funds, with the agency's chair on Friday saying that recent events have called for giving the popular funds "enhanced attention."
SunEdison agrees to withdraw request for independent examiner
NEW YORK SunEdison Inc has tentatively agreed to withdraw a request for an independent examiner for the renewable energy company's bankruptcy, its attorneys said in court on Friday, enabling its creditors to pursue their own investigation.
Cyber thieves exploit banks' faith in SWIFT transfer network
LONDON/CHICAGO Shortly after 7 p.m. on January 12, 2015, a message from a secure computer terminal at Banco del Austro (BDA) in Ecuador instructed San Francisco-based Wells Fargo to transfer money to bank accounts in Hong Kong.
J. Walter Thompson, ex-CEO reject accuser's bias claims
NEW YORK Lawyers for former J. Walter Thompson chief executive Gustavo Martinez on Friday struck back against a high-ranking colleague who accused him of sexist and racist behavior, saying her high-profile lawsuit failed to show a hostile work environment at the advertising agency.
Rules for 'too big to fail' insurance firms coming soon-Fed official
WASHINGTON The Federal Reserve will soon take up rules for insurance companies deemed "too big to fail" intended to head off risks to U.S. financial stability, Fed Governor Daniel Tarullo said on Friday.
EU regulators to conditionally clear AB Inbev, SABMiller deal - sources
Brewer Anheuser-Busch InBev is set to win conditional EU approval for its $100 billion-plus takeover of SABMiller after agreeing to substantial asset sales, three people familiar with the matter said on Friday.
Pelvic mesh maker AMS claims women were lured into needless surgeries
American Medical Systems, a major defendant in litigation over controversial vaginal mesh devices, is accusing "a pyramid of businessmen, doctors and lawyers" of luring women into unwarranted surgeries to remove the implants and inflate their damages claims.
Oklahoma introduces measure to impeach Obama over bathroom rights
OKLAHOMA CITY Oklahoma's Republican-dominated legislature has filed a measure calling for President Barack Obama's impeachment over his administration's recommendations on accommodating transgender students, saying he overstepped his constitutional authority.
8th Circuit reverses class certification in Minnesota pollution case
A U.S. appeals court on Friday reversed class certification in a lawsuit brought by residents accusing food producer General Mills of causing environmental contamination in a Minneapolis neighborhood. Read more
Early Spokeo fallout: Privacy defendants try to capitalize
It’s been less than a week since the Supreme Court issued its opinion in Spokeo v. Robins. But it’s already evident that defendants in privacy breach class actions are itching to cite the case.