Forever 21 Ordered to Submit Requested Documents
Forever 21 has been ordered by U.S. District Court Judge Margaret Morrow to produce documents that an administrative subpoena requested.…
business news
PIMCO Sued by Former Executive for Retaliation
Jason Williams, a former junk bond portfolio manager from PIMCO, claims he was fired last year as retaliation for reporting…
Profit for Costco Soars After CEO Backs Increase of Minimum Wage
The CEO of Costco, Craig Jelinek, discussed his agreement with the increase of the minimum wage in the United States…
Class-Action Status Granted to AIG Shareholders
A federal judge awarded class-action status to two groups of American Group Inc shareholders on Monday, according to Reuters. The…
CMEA Sued for Retaliation and Sexual Harassment
Venture firm CMEA is being sued by three executive assistants for retaliation and harassment, according to Reuters. A former partner…
Law Firms Cooley and Winston & Strawn Representing Hot Topic and Sycamore
Sycamore is purchasing the teen clothing retailer Hot Topic for $600 million. Barbara Borden, the head of the M&A practice…
Costco CEO Supports Obama’s Plan to Raise Minimum Wage
President Barack Obama has said that he would like to raise the country's minimum wage to $9 per hour. The…
Whistleblower Lawsuit Against Huron Dismissed
It was announced on Tuesday that the Huron Consulting Group Inc won a dismissal of a whistleblower lawsuit that accused…
Facebook Sued in Relation to IPO
Mark Zuckerberg has been sued by a shareholder of Facebook because of its troubled IPO, according to Reuters. The suit…
Monster Responds to Lawsuit Claiming its Drink Caused Teen Girl’s Death
Monster Beverage has been sued in the death of a 14-year-old girl from Maryland. The company is fighting the lawsuit,…
Brief Filed with Supreme Court to Strike Down DOMA
A supporting brief was filed with the Supreme Court on Wednesday by a group of the country's largest companies. The…
Anheuser-Busch Sued for Watering Down Beer
In lawsuits filed in Pennsylvania, California, and other states, plaintiffs claim that Anheuser-Busch has been watering down its Michelob, Budweiser,…