The US Supreme Court on Wednesday refused to back stricter deadlines for workers to sue retirement plans over alleged mismanagement, ruling Intel Corp cannot avoid a suit accusing it of unlawfully making high-risk investments that cost retirement plan beneficiaries hundreds of millions of dollars. The justices unanimously upheld a lower court decision that revived the proposed … Read more
The US Supreme Court on Monday refused to hear Apple’s bid to avoid paying about $440 million in damages for using patent licensing firm VirnetX’s internet security technology without permission in features such as FaceTime video calling. The justices rejected Apple’s appeal in the long-running case in which a federal jury in 2016 found that … Read more
With the telecom sector reeling under severe financial stress and Vodafone Idea staring at bankruptcy in case it is made to pay its adjusted gross revenue (AGR) dues, the government is considering options to stick to the Supreme Court’s directive but with least possible impact on the financials of the stressed operators. According to people … Read more