More on the Sub-Prime Lending Scandal

The sub-prime mortgage scandal is far from over. In fact, it's now affecting large banks all over the world. Recently, UBS has announced a $10 billion write-down tied directly to the fall in the value of its assets backed by American sub-prime mortgages.

Buffett Brings Star Power to AIG Fraud Trial

Billionaire investor Warren Buffett has long been revered in the business world, but his importance at a trial involving the world's largest insurer is hotly contested.

They pitch sales in their pajamas

At one moment, Jeanine Brown is selling Ronco knives. Five minutes later, she's answering questions about the secrets of getting rich from real estate foreclosures. Brown is an agent for LiveOps, a company based in Palo Alto, Calif., with a national network of 16,000 operators who work from home answering the phone for TV infomercials.

Loan Insurance Class Action Settles for $45 Million

A nationwide class action over credit life and disability policies, which are insurance policies that consumers buy when they take out retail loans, has been settled for $45 million in a Georgia state court.

High Court Nullifies Exxon Jury Verdict

The Alabama Supreme Court, by tossing nearly 99 percent of a $3.6 billion verdict against ExxonMobil, the world's, largest publicly traded oil company, has refused to play Santa to state taxpayers.

New York Attorney General Takes Action to Protect Consumers

The office of the New York State Attorney General filed a civil lawsuit recently contending that the nation's largest mortgage and property services corporation.

Federal Judge Doubles Damages in Drug Pricing Case

Pharmaceutical companies AstraZeneca and Bristol-Myers Squibb Company have been ordered to pay double damages in a case over false mark-ups of U.S. drug prices through 2003.

Lawsuit Targets Businesses Not Complying with F.A.C.T.A

Lawsuits filed in Birmingham's federal court in recent months claim that popular restaurants, a movie theater chain and a ticket ordering service have violated a law that limits the amount of credit card information companies can print on customers' receipts.

Minnesota Settles Annuity Lawsuit with Allianz Life

Some seniors who might have died before they could get their annuity money back from the insurance company now can apply for refunds and interest under the settlement.

Exxon Juror Laments Decision

The Alabama Supreme Court has slapped the citizens of Alabama in the face with their corporate-loyal hand. They voted 8-1 to throw out most of the verdict against ExxonMobil, stating the state failed to prove fraud.