A lawsuit in which Guggenheim Partners LLC and three life insurance companies it controls were accused of deceiving annuity buyers and engaging in racketeering was dropped without explanation the day after it was filed.
Toyota Motor Corp. rose in the U.S. and Japan after Asia’s largest automaker said it’s taking a $1.1 billion charge to settle claims that recalls for unintended acceleration hurt the value of U.S. customers’ vehicles.
Jeff Kessler, an attorney who helped bring free agency to the National Football League, is about to focus on the unpaid athletes who generate more than $16 billion in college sports television contracts.
Toyota Motor Corp., Asia’s biggest automaker, will take a $1.1 billion charge to settle U.S. consumer claims that the value of their vehicles diminished because of recalls related to unintended acceleration.
Expedia Inc. and Starwood Hotels & Resorts Worldwide Inc. asked a federal judge to dismiss a lawsuit in which they are accused of conspiring with other travel websites and hotel operators to fix prices for rooms.
Charles Schwab Corp. wouldn’t pay more under a revised accord to resolve shareholder lawsuits over losses in its YieldPlus mutual fund than under a $235 million settlement announced in May, a lawyer for investors said.