By Gregory Karp
Part of Taco Bell's ad in major U.S. newspapers.
The beef about Taco Bell beef is heating up. The fast-food chain took out ads in several U.S. newspapers to lash out at a law firm that alleges Taco Bell doesn’t use much beef in its ground beef taco filling.
“The lawsuit is bogus and filled with completely inaccurate facts,” says a statement attributed to Greg Creed, president and chief concept officer of Taco Bell Corp. He said the beef is “just like the quality beef you would buy in a supermarket and prepare in your home.” Get the full story »
Oct. 5, 2010 at 11:11 a.m.
Filed under:
Insurance,
Litigation,
Recalls,
Updated
By Los Angeles Times
Allstate Corp. has sued Toyota Motor Corp. over sudden-acceleration-related claims it has paid, alleging that the accidents were caused by vehicle defects.
Sep. 3, 2010 at 5:31 p.m.
Filed under:
Fraud,
Litigation,
Manufacturing
By Associated Press
Toymaker Mattel Inc. has filed a lawsuit alleging MGA Entertainment fraudulently transferred hundreds of millions of dollars to keep Mattel from collecting on anticipated judgments and to defraud other creditors.
The suit filed Wednesday in Los Angeles County Superior Court alleges MGA transferred $430 million in dividends and other assets to its chief executive Isaac Larian, his family members and various trusts between 2004 and 2008 to make the company appear insolvent and prevent MGA’s creditors, including Mattel, from cashing in. Get the full story »
Sep. 3, 2010 at 4:33 p.m.
Filed under:
Jobs/employment,
Litigation
By Associated Press
A federal judge on Friday approved Eastman Kodak Co.’s $21.4 million offer to settle class-action lawsuits by black employees who maintained white counterparts were favored over them for pay and promotion.
In an almost seven-year legal tussle, U.S. Magistrate Jonathan Feldman signed off on a deal that pays about 3,000 current and past Kodak workers amounts ranging from $1,000 to $50,000. The decision ends a 2004 class-action suit and a similar suit filed by other black workers in 2007. Get the full story »
Sep. 2, 2010 at 5:06 p.m.
Filed under:
Banking,
Litigation
By Becky Yerak
Chicago-based MB Financial Bank has completed its acquisition of the Illinois guardianship and special needs trust business of U.S. Trust, an arm of Bank of America. Get the full story »
Aug. 19, 2010 at 10:19 a.m.
Filed under:
Airlines,
Airplanes,
Internet,
Litigation
By Ameet Sachdev
The company Aircell said Thursday that it has settled remaining claims in a patent lawsuit brought against the company over its in-flight Internet system.
The settlement news comes three weeks after a Massachusetts jury found that Aircell had not infringed on a patent owned by Ambit Corp., a technology company based in Massachusetts. Get the full story »
By Ameet Sachdev
One luxury hotel off Michigan Avenue is suing a new competitor in the neighborhood, charging that the latter’s construction hurt business and damaged its reputation.
The Talbott Hotel, 20 E. Delaware Pl., said in a suit filed Thursday that the construction of the adjacent Elysian hotel interfered with its operations.
Guests complained about the noise, dust, fumes, vibration and debris, and the Talbott had to reimburse some guests, the hotel said. Some guests also gave the hotel bad reviews on Web sites such as Orbitz and Hotels.com, the Talbott said.
The Talbott sued the Elysian owners as well as the general contractor and project manager in Cook County Circuit Court. A spokeswoman for the Elysian said she could not immediately comment but would look into the matter. Get the full story »
July 26, 2010 at 3:15 p.m.
Filed under:
Litigation,
Manufacturing,
Semiconductors
By Wailin Wong
Motorola Inc. is facing a lawsuit from a group of former employees alleging that exposure to hazardous chemicals caused birth defects in their children.
The suit, filed last week in Cook County Circuit Court, names 71 plaintiffs. The filing also lists more than 30 children who, according to the suit, suffered injuries as a result of their parents’ exposure to hazardous substances used to make semiconductors. Get the full story »
July 13, 2010 at 5:11 p.m.
Filed under:
Credit Cards,
Litigation
From Courthouse News Service | Discover Financial Services is being sued in federal court in California over a payment protection plan. The suit says the credit-card company enrolled cardholders in the plan without their knowledge, resulting in unexpected fees.
July 13, 2010 at 5:01 p.m.
Filed under:
Litigation,
Technology
By Reuters
EBay Inc. was sued for at least $3.8 billion Tuesday by a Connecticut company that accused the online auctioneer and retailer of infringing six patents to develop lucrative payment systems such as PayPal.
According to the complaint filed Tuesday by XPRT Ventures LLC in the federal court in Delaware, eBay allegedly stole information shared in confidence by the inventors on XPRT’s patents and incorporated it into features in its own payment systems, such as PayPal Pay Later and PayPal Buyer Credit. Get the full story »
July 8, 2010 at 5:58 p.m.
Filed under:
From Crain’s Chicago Business | United Shockwave, a Des-Plaines based company that provides laser-based equipment to crush kidney stones, will pay out $7.3 million to settle charges that it received kickbacks from hospitals in exchange for patient referrals.
July 6, 2010 at 4:49 p.m.
Filed under:
Advertising/Marketing,
Food,
Litigation
By Associated Press
Chewing gum maker W.M. Wrigley Jr. has agreed to pay as much as $7 million and change how it markets and labels its Eclipse gum to settle a lawsuit that alleged its ads were misleading, attorneys for the plaintiffs said Tuesday.
Consumers sued Wrigley last year in federal court arguing the subsidiary of privately held Mars Inc. made misleading advertising claims about the germ-killing properties of Eclipse. The ads said a new ingredient — magnolia bark extract — kills the germs that cause bad breath while competing gums merely mask bad breath.
