Law
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Fannie Mae isn’t a “consumer reporting agency” as defined by the Fair Credit Reporting Act, meaning it can’t be held liable under the statute for inaccurate information generated by a computer program it licenses to mortgage lenders, a divided Ninth Circuit panel ruled Wednesday… Read this piece in its entirety at Law360.
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Tesla wrongly removed a device meant to limit the top speed of one of its 2014 Model S cars, which — combined with a flawed battery pack design — contributed to the deaths of two Florida teens in a crash last year, according to a complaint filed Tuesday in Broward County court… Read this piece…
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A Red Hat Inc. investor on Tuesday voluntarily dismissed a proposed class action in Delaware federal court that aimed to block a shareholder vote on the software company’s planned $34 billion sale to IBM… Read this piece in its entirety at Law360.
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Sumner Redstone and his family have signed off on a legal ceasefire with the aging media mogul’s one-time companion, Manuela Herzer, with both sides promising to drop all ongoing litigation and Herzer promising to pay back $3.25 million in gifts, according to the settlement agreement… Read this piece in its entirety at Law360.
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Politicians can’t ban unfavorable constituents from social media pages and accounts used for official purposes, a Fourth Circuit panel ruled Monday, in a case that centers on issues similar to those at play in a dispute at the Second Circuit over President Donald Trump’s Twitter account… Read this piece in its entirety at Law360.
Mike LaSusa 