lawsuit

Allstate Insurance (NYSE:ALL) is seeking to recover more than $1M against 10 New York area defendants in its third insurance fraud lawsuit of 2011. The complaint, filed under the Racketeer Influenced and Corrupt Organizations Act

Lawmakers have criticized the ratings agencies in the past, describing them as "enablers," and helping to fuel the $1 trillion bubble in mortgage-securities that led to the financial meltdown.

The ratings firms have thus far been able to avoid the regulatory crackdown, and have fended o

The Securities and Exchange Commission has expanded its long running probe into mortgage-bond related deals to include major credit-rating companies, such as Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP

Specific financial details of the deal were not disclosed, but Nokia said the deal would boost its second quarter earnings.

Nokia (NYSE:NOK) announced early this morning that it has entered into a patent licensing agreement with Apple (NASDAQ:AAPL) to settle a long-running dispute over patents the Finnish phone-maker holds.

Wells shares are up 3.71%, or $0.94, to $26.30.

Shares of Wells Fargo (NYSE:WFC) are higher after the bank's Wells Fargo Advisors unit said a federal judge in Washington signed off on a $32 million settlement between the bank and a group of women in a class-action gender discri

The investigation concerned the bank's "research huddles." Massachusetts alleged that certain clients got special access to the firm's stock analysis and got information and short-term tips that other clients didn't get.

The probe began two years ago. The Securities and Exchange Commission and the Financial Industry Regulatory Authority are investigating the company for similar activities.

Goldman Sachs (NYSE:GS) has agreed to pay $10 million to settle an investigation by Massachusetts' securities regulator concerning communications among its analysts, traders, and select clients.

The Court unanimously upheld the US Appeals Court ruling, rejecting Microsoft's argument to adopt a lower standard to replace the long-standing requirement that a defendant in a patent infringement case prove "by clear and convinc

Microsoft argued lowering the standard of proof involving a "preponderance of the evidence" would make some pate

The US Supreme Court ruled against Microsoft (NASDAQ:MSFT) today, rejecting its appeal of a $290 million jury verdict for infringing on a patent held by Canadian software firm i4i, Bloomberg reported.

The proposed purchase "would combine the second- and third-largest providers in that market and essentially create a duopoly," the department alleged in a complaint filed in a Washington, D.C. federal court.

The Department of Justice filed a civil antitrust lawsuit on Monday to stop the tax service H&R Block (NYSE:HRB) from buying 2SS Holdings, a unit of TA IX L.P., the maker of one of its rivals, TaxAct.

The payment, plus interest, will be recorded in Siemens' fiscal Q3 ending in June.

Siemens AG (NYSE:SI) has been ordered by an arbitration tribunal to pay $927 million to French state-controlled company Areva SA, finding the Munich, Germany based company failed to meet contractual obligations in a nuclear joint