Sammy Wasem was 15 when he started a Ferrari fan page that would become one of the most popular car sites on Facebook. Six years later, he is in a legal battle with his favorite Italian sports-car maker in a case that may help define freedom of expression rights in social media.
The Justice Department is building a bribery case against Alstom SA, the French maker of trains and power equipment, that is likely to result in one of the largest U.S. anticorruption enforcement actions, according to two people with knowledge of the probe.
Fenwick & West LLP represented Facebook Inc. in its $2 billion bid for Oculus VR Inc., the maker of a ski-goggle-like device called Rift, now used for playing games, that eventually could immerse people in experiences including classes and sporting events.
Former Bank of America Corp. Chairman Kenneth Lewis agreed to a three-year ban on serving as a public company’s officer or director and to pay $10 million to settle claims by New York’s attorney general that he misled investors about the bank’s 2009 purchase of Merrill Lynch & Co.
Malaysian Airline System Bhd. and Boeing Co. records of Flight 370’s maintenance and crew are being sought by a law firm representing the uncle of one of the missing plane’s passengers, the opening salvo in what may become a barrage of litigation over its disappearance.
Cornelius Gurlitt, the art collector who for decades hoarded hundreds of works in his Munich apartment and in a house in Salzburg, has instructed his court-appointed adviser to hand back items looted from Jewish owners.