Topic: U.S. District Court for the Southern District of New York
Chapter & Verse Booksellers wait on Supreme Court decision: Could selling a used book become illegal?
A ruling on John Wiley & Sons Inc. v. Kirtsaeng – a case expected to come before the Supreme Court early next year – could make it illegal for non-profits and businesses to resell copyrighted works produced abroad.
Bank of America says it has agreed to pay $2.43 billion to settle a class-action lawsuit related to its acquisition of Merrill Lynch. Investors that bought or held Bank of America stock when the company announced its plans to buy Merrill Lynch claim that the bank made misleading statements about both companies' financial health.