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Morgan Stanley pays US$ 63 million settlement on suit over mortgage suit arising from acquistion and failure of three small banks following the 2008 financial crisis.

A group of consumers have sued data-storage company, Seagate, for allegedly violating federal consumer laws when they sold them defective hard drives with high failure rates.

On the heels of the two class-action suit filed last week, Disney is once again hit with a legal threat by one of their veteran employees. The plaintiff allegedly faced discrimination or retaliation in the security division of the well-known resort.