Oracle Corp. directors, including Chief Executive Officer Larry Ellison, were sued by an investor for failing to mitigate damages when the company agreed to a $200 million whistle-blower settlement with the U.S. government.
BP Plc faces more than 225 lawsuits in 11 states as litigation from businesses, individuals and investors continues to increase almost two months after the Deepwater Horizon oil rig exploded.
The Senate confirmed Elena Kagan to the U.S. Supreme Court, giving President Barack Obama his second appointment to the high court in two years while leaving its ideological balance unchanged.
Oracle Corp. , the world’s second- biggest software maker, may face total damages of $1 billion in a U.S. Justice Department lawsuit claiming it overcharged the government, legal experts said.
A judge was asked by victims of Bernard Madoff’s Ponzi scheme to void a $220 million settlement with the heirs of Norman F. Levy, a Madoff investor referred to as his “surrogate father.”