June 29, 2009 | Daily Report Online
Neb. inmate's suit over Zoloft latest in a seriesOMAHA, Neb. AP - A lawsuit by a Nebraska inmate serving time for his girlfriend's murder, blaming a widely prescribed antidepressant for influencing his behavior, echoes similar claims in other cases.But none of the cases have prevailed against Zoloft's maker, Pfizer Inc., which says the drug is safe and effective.
By JOSH FUNK
4 minute read
January 28, 2010 | Daily Report Online
Neb. woman accused of having sex with young sonOMAHA, Neb. AP - A 41-year-old Nebraska woman is accused of having sex nightly with her teenage son when he was in seventh and eighth grades, officials said Wednesday.Omaha Police said the now 15-year-old boy reported the alleged abuse last week to a counselor, who notified authorities. The boy told police his mother was addicted to prescription drugs when the alleged abuse took place in 2008 and 2009 while he lived with her in Omaha.
By JOSH FUNK
2 minute read
June 23, 2009 | Daily Report Online
SEC: Investors bilked investors of $11 millionOMAHA, Neb. AP - The Securities and Exchange Commission says four business partners from Nebraska, Florida and Texas defrauded investors of more than $11 million by promising significant returns on a fictitious no-risk investment they used on gambling debt and mortgages.The SEC filed a federal lawsuit and obtained an order freezing assets raised as part of the scheme.
By JOSH FUNK
2 minute read
March 11, 2010 | Daily Report Online
Buffett's salary unchanged, but security costs upOMAHA, Nebraska AP - Warren Buffett brought home less pay than Berkshire Hathaway's chief financial officer again last year, but the company is paying more to protect the billionaire these days.Buffett, chairman and chief executive of the Omaha, Nebraska-based company, received $519,490 total compensation in 2009, an increase of 6 percent, according the proxy statement mailed to shareholders this week.
By JOSH FUNK
3 minute read
April 14, 2008 | Daily Report Online
CEO of Berkshire Hathaway reinsurer Gen Re resignsOMAHA, Neb. AP - The chief executive officer of General Re Corp. resigned Monday amid reports that federal prosecutors were pushing for his removal.Joseph Brandon, who led one of Berkshire Hathaway's largest reinsurance subsidiaries, will be replaced by General Re's President Franklin "Tad" Montross.
By JOSH FUNK
3 minute read
August 12, 2011 | Daily Report Online
Judge rejects Nebraska lawsuit over South African safarisA federal judge dismissed a Texas man's lawsuit claiming that a South African hunting tour operator and a Nebraska-based company that sold its tours conspired to overcharge customers, saying the court lacked jurisdiction.U.S. District Judge Richard Kopf said in his ruling Wednesday that the dispute was beyond the reach of U.
By Josh Funk
3 minute read
February 06, 2008 | Daily Report Online
Nebraska, Goodyear fight over tax breaks for replacement partsOMAHA, Neb. AP - The Nebraska Supreme Court will soon decide whether replacement parts Goodyear Tire Rubber Co. bought in 2002 should be exempt from state sales taxes because it qualified for corporate tax breaks.State tax officials argue that Goodyear should not be reimbursed $14,310.10 for the taxes on the parts because Nebraska's corporate tax breaks are designed to encourage new investment in the state.
By JOSH FUNK
2 minute read
June 03, 2008 | Daily Report Online
Former Neb. broker files bankruptcy in ArizonaOMAHA, Neb. AP - The former Nebraska City broker who is accused of improperly selling risky investments in several interrelated Florida companies has filed bankruptcy in Arizona.The lawyers handling most of the claims against Rebecca Engle say the Chapter 11 bankruptcy filing will delay the lawsuits and arbitration claims she faces.
By JOSH FUNK
3 minute read
July 22, 2009 | Daily Report Online
Investors will gain about $900,000 in settlementOMAHA, Neb. AP - A group of more than 200 investors who believe they were defrauded by their brokers will share roughly $900,000 in a settlement with one of their brokers' former employers.But this latest settlement, approved by a federal judge Tuesday, is a relatively small part of the legal battle being waged by former clients of Rebecca Engle and Brian Schuster.
By JOSH FUNK
3 minute read
June 19, 2008 | Daily Report Online
TD Ameritrade close to settling data theft lawsuitOMAHA, Neb. AP - Online brokerage TD Ameritrade Holding Corp. is close to settling a class-action lawsuit over the theft of contact information for more than 6 million customers.As part of a proposed settlement, Ameritrade agreed to pay nearly $1.9 million in legal fees and cover the cost of one year of anti-spam service for the victims.
By JOSH FUNK
4 minute read
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