No more compensation due World Trade Center developer: judge
NEW YORK (Reuters) - New York property developer Larry Silverstein is not entitled to funds that insurers of his World Trade Center properties won from airlines over the attacks of...
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Australian analyst pleads guilty to insider trading in New York
NEW YORK (Reuters) - An Australian financial analyst pleaded guilty in federal court on Thursday to trading on inside information ahead of the $1.2 billion acquisition of software company SPSS...
Judge upholds $1.17 billion patent verdict against Marvell
NEW YORK (Reuters) - A federal judge on Friday upheld a $1.17 billion award a jury imposed on chipmaker Marvell Technology Group Ltd for infringing two patents held by Carnegie...
Court halts lawsuits vs. IBM, Daimler, Ford for apartheid crimes
NEW YORK (Reuters) - A federal appeals court on Wednesday ruled that three major companies cannot be held liable in the United States for crimes South Africa's former apartheid government...
Alleged kingpin of U.S. penny stock fraud arrested in Thailand
NEW YORK (Reuters) - Authorities in Thailand have arrested a Canadian man accused of masterminding a $140 million plan to defraud investors in U.S. penny stocks, as well as another...
FBI arrests seven in international penny stock fraud
NEW YORK (Reuters) - Seven people who ran a more than $140 million scheme that preyed on investors in 35 countries by fraudulently inflating the price of penny stocks have...
Judge approves suit tying Morgan Stanley to toxic lending in Detroit
NEW YORK (Reuters) - A federal judge on Thursday approved a lawsuit accusing Morgan Stanley of discrimination for encouraging a subprime mortgage lender to target black homeowners in Detroit. In...
Developer can’t recover World Trade Center damages from airlines
NEW YORK (Reuters) - Developer Larry Silverstein cannot recover billions of dollars from airlines over the September 11, 2011, destruction of the World Trade Center in New York because insurers...
Michael Kors sues Costco for false advertising
NEW YORK (Reuters) - Upscale fashion accessories maker Michael Kors Holdings Ltd sued Costco Wholesale Corp on Friday, accusing the largest U.S. warehouse club retailer of running a "bait-and-switch" false...
Judge denies bin Laden son-in-law request for restraining order
NEW YORK (Reuters) - A federal judge on Monday declined to temporarily block U.S. government agencies from conducting special surveillance on lawyers representing Osama bin Laden's son-in-law, which those lawyers...