Pfizer is facing a lawsuit that had been revived 12 years after. The New York-based company is being sued by shareholders of the company, who claimed that they were not informed of the cardiovascular risks of Celebrex and Bextra. The shareholders suffered substantial amount of losses.
Goldman Sachs would pay $5 billion in settlement over claims that they misled investors to buy securities from 2005 to 2007. However, new reports say that Goldman Sachs could pay less penalties through government incentives and tax credits.
The original "Gilmore Girls" producer Gavin Polone has sued Warner Bros. for the second time over a breach of contract. Polone alleges that WBTV violated the contract they agreed before so he's now seeking for at least $195,000 in damages.
EU competition regulators have resumed their investigation of U.S. oil industry services group Halliburton Co's plan to acquire smaller rival Baker Hughes - a deal which U.S. authorities say is uncompetitive.
