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Latest News in Corporate
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October 20, 2026
A purported victim of ex-attorney Michael J. Nussbaum's Ponzi scheme on Monday accused Flagstar Bank NA of helping to facilitate the alleged $149 million escrow account fraud, claiming that the bank long knew about questionable transactions but didn't shut it down.
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October 20, 2026
Amazon.com Services LLC failed to adequately investigate an employee's report that a senior manager raped her during a 2023 business trip, and the company then forced her to interact directly with the man after she lodged formal complaints, according to a suit filed Tuesday in Washington state court.
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October 20, 2026
The Consumer Financial Protection Bureau is pledging to crack down on allegedly discriminatory debanking practices, but this enforcement initiative could put the agency on a collision course with both the limits of its authority and its commitment to avoiding "novel legal theories."
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October 20, 2026
A former Capital One data analyst filed a $1 million suit in Virginia federal court Monday alleging the bank holding company retaliated against her for complaining that it failed to consistently provide a qualified American Sign Language interpreter during work meetings or provide other reasonable accommodations so she could do her job effectively.
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October 20, 2026
Energy infrastructure firm Magellan Midstream Partners LP and Powder Springs Logistics have agreed to pay $20.3 million to resolve a judgment against them after a jury trial loss in a patent infringement case brought in Delaware federal court by Sunoco related to gasoline blending patents.
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