Corporate whistleblowers are getting bigger and bigger payouts for reporting fraud, sparking a fresh debate about whether the rewards are justified. Whistleblowers have collected billions of dollars since the late 1980s by suing government contractors under the False Claims Act …
A judge hearing a lawsuit filed by the families of two students slain in the mass shootings at Virginia Tech has denied a motion to conduct separate trials. Franklin County Circuit Judge William Alexander rejected a defense motion in the …
A veteran Cigna Corp. manager sued the U.S. health insurer Thursday, saying it unfairly blocks female employees from promotions and higher-paying jobs. The lawsuit, filed in U.S. District Court in Boston, seeks $100 million in damages and asks for class-action …
A former secretary who claimed she was sexually harassed by a former dean at a Southern California college will receive $2.5 million. The Daily Breeze of Torrance said El Camino College settled a lawsuit with Nyesha Artiaga last month. The …
As a part of its effort to insure enactment of uniform insurance laws, the National Association of Insurance Commissioners (NAIC) drafted the Unfair Claims Settlement Practices Act which required specific insurance adjuster conduct and claims handling. The Model Act, which …
A former North Providence town councilman has pleaded guilty to corruption charges, admitting he solicited tens of thousands of dollars in bribes in exchange for votes to approve zoning changes as well as his role in an unrelated insurance fraud …
The trustee seeking money for victims of Bernard Madoff’s Ponzi scheme has sued Tremont Group Holdings for $2.1 billion, saying it missed warning signs the business could be a fraud. Irving Picard accused Tremont of missing “red flags” and “blindly …
Washington lawmakers, business and organized labor are gearing up to take up one of the most contentious issues in the legislative session: Workers’ compensation. State leaders say that workers’ compensation is at great risk of going bankrupt. Workers’ compensation is …
A former secretary who claimed she was sexually harassed by a former dean at a Southern California college will receive $2.5 million. The Daily Breeze of Torrance says El Camino College settled a lawsuit with Nyesha Artiaga last month. The …
A federal judge in Los Angeles on Friday approved a $601.5 million settlement of a class-action suit against Countrywide Financial Corp., one of the largest class-action settlements stemming from the subprime mortgage crisis, a lawyer for the plaintiffs said. The …