Securities lawsuit filings fell by 39 percent in the first quarter, according to a report by Advisen, which noted that several high-profile stockholder actions were dismissed as well.
It has not been a good month for Chinese product manufacturers, with a pair of court rulings going against companies based in China making drywall and toys.
Big auto insurers, who said in February they were reviewing Toyota auto accident claims for subrogation actions involving accelerator problems, have begun moving cases with the carmaker.
American International Group this week in SEC filings said federal salary restrictions prevent it from being competitive in a defense of the millions it pays management.
Securities lawsuit filings fell by 39 percent in the first quarter, Advisen reported, noting that several high-profile stockholder actions were dismissed as well.
Spokesmen for several major insurers said their companies had begun the subrogation process against Toyota, but little detail concerning the process or scope was offered.
Big auto insurers, who said in February they were reviewing Toyota auto accident claims for subrogation actions involving accelerator problems, have begun moving cases with the carmaker.
Congress' failure to reauthorize the National Flood Insurance Program is hurting real estate markets and consumers and may cost taxpayers billions, trade groups have warned federal lawmakers.