Jonathan Stempel

SEC says shuts cloud computing scam targeting Asians, Hispanics

December 23, 2018 at 11:13 p.m.

(Reuters) - The U.S. Securities and Exchange Commission on Friday said it has shut down a worldwide pyramid scheme that falsely promised fast gains to tens of thousands of Asian-American,...

China’s Baidu defeats U.S. lawsuit over censored search results

December 23, 2018 at 11:13 p.m.

NEW YORK (Reuters) - Chinese Internet company Baidu Inc on Thursday won the dismissal of a U.S. lawsuit by pro-democracy activists who complained that Baidu illegally suppressed political speech on...

Judge rejects ABC News bid to throw out ‘pink slime’ lawsuit

August 25, 2021 at 3:27 a.m.

(Reuters) - ABC News has failed to persuade a South Dakota state judge to dismiss a $1.2 billion defamation lawsuit by a meat processor complaining about a series of reports...

Lehman payout tops $80 billion, creditors get another $17.9 billion

November 4, 2021 at 1:33 a.m.

NEW YORK (Reuters) - Lehman Brothers Holdings Inc plans next week to distribute about $17.9 billion to creditors, boosting its total payout to roughly $80.4 billion since it left its...

Lehman payout tops $80 billion, creditors get another $17.9 billion

December 23, 2018 at 11:11 p.m.

NEW YORK (Reuters) - Lehman Brothers Holdings Inc plans next week to distribute about $17.9 billion to creditors, boosting its total payout to roughly $80.4 billion since it left its...

Ex-Sentinel CEO found guilty over $500 million fraud

August 25, 2021 at 3:21 a.m.

(Reuters) - The former chief executive officer of Sentinel Management Group Inc was found guilty on Tuesday of defrauding customers out of more than $500 million before the suburban Chicago...

Maker of Four Loko flavored malt liquor accepts marketing limits

August 25, 2021 at 3:21 a.m.

(Reuters) - The maker of Four Loko has agreed with 20 U.S. state attorneys general and the city of San Francisco to a series of reforms to resolve allegations that...

Ex-Goldman director Gupta’s insider trading conviction upheld

November 4, 2021 at 1:32 a.m.

NEW YORK (Reuters) - A federal appeals court upheld the conviction of former Goldman Sachs Group Inc director Rajat Gupta, one of the biggest successes in federal prosecutors' long-running probe...

Maker of Four Loko flavored malt liquor accepts marketing limits

May 14, 2019 at 5:47 a.m.

(Reuters) - The maker of Four Loko has agreed with 20 U.S. state attorneys general and the city of San Francisco to a series of reforms to resolve allegations that...

Ex-Goldman director Gupta’s insider trading conviction upheld

September 9, 2018 at 6:29 a.m.

NEW YORK (Reuters) - A federal appeals court upheld the conviction of former Goldman Sachs Group Inc director Rajat Gupta, one of the biggest successes in federal prosecutors' long-running probe...

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