Money manager Vilar gets new, longer 10-year U.S. prison term
NEW YORK (Reuters) - Money manager and arts patron Alberto Vilar was resentenced on Thursday to 10 years in prison, a year longer than previously, in connection with his 2008...
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Ex-Bank of America employee avoids punishment in bid rigging case
NEW YORK (Reuters) - A former senior vice president at Bank of America Corp who became a cooperating witness in the U.S. government's probe of bid-rigging in the $3.7 trillion...
U.S. insider trading cases face test at appeals court
A U.S. appeals court is set hear a case whose outcome could make it harder for the government to prosecute insider trading and potentially jeopardize several high-profile guilty verdicts, including...
AMR loses bid to terminate retiree benefits
NEW YORK (Reuters) - A U.S. bankruptcy judge largely declined on Friday to rule that former American Airlines parent company AMR Corp had a unilateral right to terminate benefits for...
Rajaratnam’s brother loses bid to dismiss insider trading charges
NEW YORK (Reuters) - Rengan Rajaratnam, the younger brother of imprisoned hedge fund manager Raj Rajaratnam, on Friday lost a bid to dismiss some of the insider trading charges leveled...
AbbVie urges U.S. court to avoid gay rights issue in HIV drug case
An Abbott Laboratories spinoff urged a federal appeals court to revisit a ruling in a case against GlaxoSmithKline Plc, but without disturbing landmark constitutional protections for gays and lesbians. In...
AbbVie urges U.S. court to avoid gay rights issue in HIV drug case
An Abbott Laboratories spinoff urged a federal appeals court to revisit a ruling in a case against GlaxoSmithKline Plc, but without disturbing landmark constitutional protections for gays and lesbians. In...
Mexican mobile phone operator sues IBM for $2.5 billion
NEW YORK (Reuters) - Mexican mobile phone operator Iusacell SA de CV sued IBM Corp on Wednesday, accusing the U.S. technology giant of making fraudulent representations that caused it to...
Apple antitrust compliance off to a promising start: monitor
NEW YORK (Reuters) - Apple Inc has made a "promising start" to enhancing its antitrust compliance program after being found liable last year for conspiring to raise e-book prices, but...
Two NY broker-dealer executives charged in Venezuelan bribery case
NEW YORK (Reuters) - Two former executives of a defunct New York broker-dealer were indicted Monday as part of a widening U.S. investigation into foreign bribery involving their employer and...