Reviewing 5 of July's top stories

Angry law school graduates, continuing cruise ship lawsuits, the Penn State fallout and more

Grouchy Grads

Many law school graduates are having a tough time finding jobs, evidently leaving them with plenty of spare time to sue their alma maters. The flurry of lawsuits started in February, when a group of recent graduates sued 12 law schools, including DePaul Law, Golden State, Hofstra Law and John Marshall Law School, claiming that the institutions misled them about their post-graduation job prospects. The plaintiffs’ lawyers continued their crusade in March, suing 20 more schools, several of whom filed motions to dismiss the lawsuits.

Scandal Sanctions

Continuing Claims

It’s been more than six months since the Costa Concordia cruise ship disaster, but the lawsuits just keep on coming. After charging the ship’s parent company, Carnival Corp., with gross negligence and fraud in January, a group of passengers recently filed a new suit against Carnival and the ship’s architect, claiming the cruise line knew that the ship’s hull design and power systems were defective. This comes on the heels of another complaint from four cruise ship performers, who are seeking $200 million for physical and emotional trauma.

Patent Problems

Eastman Kodak Co. got some much-needed good news Thursday, when a district court declined Apple Inc.’s request to hear a patent suit dispute between the two companies, instead returning the case to bankruptcy court. The companies are feuding over numerous patents on technologies such as digital cameras, tablets and smartphones.

Settlement Snag

Most people would be happy with a $7.25 billion chunk of change. But several national retailers, including Wal-Mart and Target, aren’t so pleased with last week’s antitrust settlement over credit and debit card fees. Visa Inc., MasterCard Inc. and more than a dozen U.S. banks agreed to pay up to settle retailers’ charges that they fixed card fees. The fees, known as swipe fees or interchange fees, charge retailers 2 percent each time a customer makes a purchase using a card.

Alanna Byrne

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