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Arizona community college faces class action over data breach

Published April 21, 2014 CST

A proposed class action lawsuit is targeting a community college district in Tempe, Ariz., that allegedly violated several state and federal data protection laws.

Dismissal of lawsuit by teacher fired for inappropriate sexual comments upheld

Published April 21, 2014 CST

A federal appeals court has upheld dismissal of retaliation and discrimination claims filed by a terminated college teacher who had continual conflicts with both colleagues and students.

Supreme Court declines Exxon’s appeal in N.Y. water pollution case

Published April 21, 2014 CST

(Reuters) — The U.S. Supreme Court on Monday declined to review a ruling against Exxon Mobil Corp that ordered the company to pay $105 million in damages for polluting New York City’s groundwater with a toxic gasoline additive.

U.S. insider trading cases face test at appeals court

Published April 21, 2014 CST

(Reuters) — An appeals court is set to hear a case whose outcome could make it harder for the government to prosecute insider trading and potentially jeopardize several high-profile guilty verdicts, including that of SAC Capital Advisors portfolio manager Michael Steinberg.

EEOC lawsuit on behalf of diabetic Walgreen employer can proceed: Judge

Published April 17, 2014 CST

A disability discrimination lawsuit filed on behalf of an 18-year Walgreen Co. worker with diabetes who was terminated after she allegedly ate a bag of chips without paying for it to stave off a low-blood sugar attack, can proceed.

OFF BEAT: French tech workers refuse to surrender their free time

Published April 17, 2014 CST

Are you tired of getting emails from your boss outside of working hours? Then you should consider moving to France and getting a job in the tech industry.

Cyber risks lurk far beyond organizations' own walls: Report

Published April 16, 2014 CST

WASHINGTON — Current cyber risk management does not give much consideration to “digital distant perfection” — the aggregation of cyber risks that can lie far beyond an organization's own four walls.

Few merger and acquisition lawsuits lead to big money: Study

Published April 17, 2014 CST

Only 2% of lawsuits filed in response to merger and acquisition deals that settled in 2013 produced significant monetary returns for shareholders, says a new study by Cornerstone Research Inc.

Retailer Michaels Stores confirms payment card data breach

Published April 18, 2014 CST

(Reuters) — Michaels Stores Inc. confirmed that there was a security breach at certain systems that process payment cards at its U.S. stores and that of its unit, Aaron Brothers.

Judge rejects NCAA's gender argument in college athletes' likeness rights suit

Published April 17, 2014 CST

The NCAA cannot justify its policy against paying student-athletes for the licensed use of their likenesses for broadcasts and merchandising by arguing that the policy ultimately supports women's college athletic programs.

BP employee settles SEC insider-trading gulf oil spill case

Published April 17, 2014 CST

(Reuters) — A former 20-year veteran of BP P.L.C. who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges alleging he used non-public information about the disaster to commit insider-trading, U.S. regulators said on Thursday.

Lululemon yoga pants lawsuits in U.S. win final dismissals

Published April 18, 2014 CST

(Reuters) — A U.S. judge has issued final dismissals of lawsuits accusing Lululemon Athletica Inc. and various company officials of defrauding shareholders by concealing defects in yoga pants.

Plant manager's age bias lawsuit reinstated by appeals court

Published April 18, 2014 CST

A 62-year-old man who was terminated from his position as a printing plant facilities manager has provided sufficient evidence to establish he may have been unlawfully replaced by a younger employee, despite the company's claims to the contrary, says an appeals court, in reversing a lower court ruling and reinstating an age discrimination lawsuit.

SEC's information technology at risk of hacking: Report

Published April 18, 2014 CST

(Reuters) — The SEC has failed to protect its data network against possible breaches, to encrypt highly sensitive information, or to use strong enough passwords.

Compensation battle rages four years after BP's U.S. oil spill

Published April 18, 2014 CST

(Reuters) — Four years after the Deepwater Horizon spill, oil is still washing up on the long sandy beaches of Grand Isle, La., and some islanders are fed up with hearing from BP that the crisis is over.

Florida law bars pregnancy discrimination: Florida Supreme Court

Published April 18, 2014 CST

Florida's civil rights law prohibits pregnancy discrimination despite not explicitly saying so, says the Florida Supreme Court in overturning a lower court decision and ruling on the issue for the first time.

OFF BEAT: Court backs TV network in transgendered man's quick change

Published April 18, 2014 CST

Despite the incredible amount of foresight frequently displayed by the framers of our constitution, it is highly unlikely that even they would have predicted that the First Amendment would someday be applied to the wardrobe of a transgendered individual.

Managing general agencies remain strong source of direct premiums: Study

Published April 22, 2014 CST

Insurers and managing general agencies are working together to created a more stable business model and a long-term favorable outlook for growth, says a study on MGAs released Tuesday.

Shannon Groeber joins Lockton global tech and privacy practice as senior vice president

Published April 22, 2014 CST

Lockton Cos. L.L.C. has named Shannon Groeber as senior vice president of its global technology and privacy practice.

OFF BEAT: In a word — or 37,931 words — it’s insurance

Published April 22, 2014 CST

Et tu, exclusions?

Ford worker's disability bias, retaliation case over telecommuting reinstated

Published April 22, 2014 CST

An appeals court has reinstated a U.S. Equal Employment Opportunity Commission disability discrimination and retaliation lawsuit filed on behalf of a disabled Ford Motor Co. worker who was denied a telecommuting arrangement and terminated.

E.U. lawmakers smooth way for class actions against cartels

Published April 17, 2014 CST

(Reuters) — European lawmakers on Thursday eased the way for cartel victims to claim compensation from companies under new rules that also shield price-fixing whistleblowers from being the main target of million-dollar lawsuits.

Espionage hacking grows, with more from Eastern Europe: Study

Published April 22, 2014 CST

(Reuters) — Hacking for espionage purposes is sharply increasing, with groups or national governments from Eastern Europe playing a growing role, according to one of the most comprehensive annual studies of computer intrusions.

Smartphone-case firm settles whistleblower lawsuit over customs duties for $4.3M

Published April 22, 2014 CST

A Colorado company that sells protective cases for smartphones and tablets has agreed to pay $4.3 million to settle a whistleblower lawsuit, in which it was charged with violating the False Claims Act and the Tariff Act of 1930.

ISO online pricing tool caters to excess and surplus market

Published April 16, 2014 CST

Jersey City, N.J.-based Insurance Services Office Inc. on Wednesday unveiled ISO Rapid Valuator, a new pricing tool for commercial excess and surplus insurance underwriters.