Jeannie O'Sullivan

An investor leading a proposed securities fraud class action against Chinese technology company Kanzhun Ltd. has asked a New Jersey federal court to give its initial OK for a $2.25 million settlement to proceed, saying the deal is a “highly favorable result.”

Three joint school insurance funds have reached a settlement with Chubb unit Illinois Union Insurance Co. over the funds’ bid to recover more than $4 million in costs they said they incurred while litigating underlying sex abuse claims, the parties told a New Jersey federal court.

A New Jersey federal judge Tuesday tossed consolidated derivative claims brought by Cognizant Technology Solutions Corp. investors over a bribery scandal, saying the investors’ “unexcused failure” to give the company’s board of directors a chance to decide whether to pursue the requested litigation…

The New Jersey Supreme Court agreed Tuesday to take a look at a decision from a state appellate court that negated an order from the New Jersey Board of Public Utilities that forced Altice to prorate customers’ final bills after receiving petitions for certification from the BPU and the New Jersey D…

The Third Circuit on Tuesday held that a technology company’s suit against a water pump company can be arbitrated as per an initial contract, rejecting the lower court’s ruling that a second agreement between the companies allowing disputes to be resolved in court superseded the first.

A man from Saudi Arabia cannot sue in U.S. federal court to recoup a debt allegedly owed to his father for a decades-old oil deal in the Caribbean, the Third Circuit ruled Tuesday, affirming a lower court’s dismissal of the case but nevertheless remanding it because the suit was dismissed with preju…

The IRS wrongly denied a medical equipment company a $5 million deduction for a settlement payment to resolve a False Claims Act suit challenging its billing practices, the company told the U.S. Court of Federal Claims.

Builder Ernest Bock LLC has asked the Ninth Circuit to revive a paused case in Nevada federal court against architect Paul Steelman while a New Jersey state court reviews a nearly $12 million judgment over the designer’s failure to back up loans for an amusement ride known as “The Wheel.”

Johnson & Johnson told a New Jersey state court it has agreed to end a former executive’s wrongful termination suit alleging that she was fired for raising concerns about gender and sexual orientation discrimination she said she faced.

Johnson & Johnson told a New Jersey state court it has agreed to end a former executive’s wrongful termination suit alleging that she was fired for raising concerns about gender and sexual orientation discrimination she said she faced.