Last Build Date: Wed, 28 Sep 2016 03:28:28 EDTCopyright: copyright © 2016 Dow Jones & Company, Inc.
Tue, 27 Sep 2016 18:10:51 EDTFormer American International Group Chief Executive Maurice R. “Hank” Greenberg defended his focus on profits during nearly four decades as he took the witness stand Tuesday in a long-delayed state court trial about alleged civil fraud.
Mon, 26 Sep 2016 20:14:00 EDTMurders in the U.S. jumped by 10.8% in 2015, according to figures released by the Federal Bureau of Investigation—a sharp increase that could fuel concerns that the nation’s more-than two-decade trend of falling crime rates may be ending.
Tue, 27 Sep 2016 00:37:36 EDTProsecutors charged the man arrested after a deadly mall shooting with five counts of first-degree premeditated murder and said he confessed to the crime.
Tue, 27 Sep 2016 14:49:21 EDTA federal appeals court tossed an antitrust judgment against American Express, ruling the credit card company can bar merchants from steering customers toward using other credit cards with lower merchant fees.
Sun, 25 Sep 2016 21:44:58 EDTA growing movement is taking root among judges around the country to actively push younger lawyers into court.
Tue, 27 Sep 2016 11:59:39 EDTThe administration’s power-plant emissions rule faces a courtroom showdown this week, and the outcome could have repercussions for Washington’s ability to meet its promises under a climate-change accord.
Thu, 22 Sep 2016 22:21:44 EDTTesla Motors filed suit after Michigan denied it a license to open a store to sell directly to customers, saying a state law violates its constitutional rights and protects hometown rivals, such as General Motors.
Fri, 23 Sep 2016 10:03:52 EDTSteel producers in the U.S. plan to file complaints with the Commerce Department on Friday and Monday, alleging Chinese steelmakers have been routing metal shipments through Vietnam to avoid U.S. import tariffs.
Mon, 26 Sep 2016 15:34:08 EDTNine people with close ties to New York Gov. Andrew Cuomo were charged in a wide-ranging bribery and conspiracy scheme, according to a federal complaint unsealed Thursday.
Thu, 22 Sep 2016 22:23:35 EDTThe FBI and NYPD are among the agencies looking into reports the former congressman exchanged sexually explicit text messages and photos with a 15-year-old girl.
Fri, 23 Sep 2016 09:57:30 EDTAlain Kaloyeros also faces charges in a federal case.
Wed, 21 Sep 2016 22:08:58 EDTRegulators allege several Omega Advisors funds managed by Mr. Cooperman, as well as others for which he directed trading, made a total of more than $4 million in illegal profits.
Thu, 22 Sep 2016 09:48:00 EDTFederal authorities plan to unseal charges against Joseph Percoco in connection with an alleged bribery scheme involving the governor’s signature economic-development program, according to people familiar with the matter.
Thu, 22 Sep 2016 09:53:30 EDTAnthem and Cigna have accused one another of violating the terms of their merger agreement, according to a legal filing by the Justice Department.
Thu, 22 Sep 2016 10:28:49 EDTPort Authority Executive Director Patrick Foye testified that after reopening the lanes leading to the George Washington Bridge his counterpart told him the lanes should be closed because this was “important to Trenton.”
Thu, 22 Sep 2016 09:49:30 EDTThe SEC probe into how Exxon values assets in a world of increasing climate change regulations elicited sharp reactions, with some investors seeing it as a tipping point for companies to disclose climate risks.
Wed, 21 Sep 2016 23:08:38 EDTInvestors are seeking around $9.1 billion in damages from Volkswagen on losses suffered when the German car maker’s shares plunged after U.S. authorities disclosed that the company had cheated on emissions tests.
Wed, 21 Sep 2016 22:02:40 EDTAn accused drug kingpin, Zhenli Ye Gon, whose mansion yielded the world’s largest cash seizure, faces imminent extradition to Mexico after a refusal by U.S. Chief Justice John Roberts to grant an emergency stay.
Tue, 20 Sep 2016 22:51:07 EDTA former Army National Guard soldier and his cousin were sentenced to lengthy prison terms for plotting to join Islamic State and to attack an Illinois military base.
Wed, 21 Sep 2016 23:13:15 EDTThe Justice Department has opened an investigation into the police shooting of an unarmed black man in Tulsa, Okla., as the man’s family demands charges be pressed against the officer involved.
Tue, 20 Sep 2016 22:16:07 EDTTwenty-one states filed a lawsuit against the federal government seeking to overturn a sweeping regulation designed to qualify millions more Americans for overtime pay starting in December.
Tue, 20 Sep 2016 22:15:12 EDTA federal appeals court threw out a $147 million civil price fixing judgment against Chinese makers of vitamin C, ruling the companies weren’t liable in U.S. courts because they were acting under the direction of Chinese authorities.
Mon, 19 Sep 2016 11:19:19 EDTSanofi said it filed a lawsuit against Merck & Co. for alleged patent infringements to prevent the U.S. drugmaker from launching a rival version of the French pharmaceutical giant’s best-selling diabetes treatment Lantus.
Tue, 20 Sep 2016 22:34:50 EDTA Chinese man who is suing Tesla over his son’s fatal Model S crash in January applied to a local Beijing court to investigate whether the car’s Autopilot driving system was engaged.
Tue, 20 Sep 2016 00:05:20 EDTTesla Motors said its merger with SolarCity could be delayed by shareholder lawsuits, adding to volatility for the cash-strapped solar-panel installer.
Sun, 18 Sep 2016 23:53:09 EDTTwo former Albuquerque police officers are scheduled to stand trial this week for the 2014 shooting death of a mentally ill homeless man, in a case that shook the city.
Sat, 17 Sep 2016 00:29:40 EDTNew York Attorney General Eric Schneiderman is investigating why Exxon Mobil hasn’t written down the value of its assets, two years into a pronounced crash in oil prices.
Thu, 15 Sep 2016 18:44:11 EDTA divided federal appeals court ruled that a decades-old federal law indefinitely banning people committed to mental health treatment from owning a gun could violate the Second Amendment.
Fri, 16 Sep 2016 13:24:22 EDTCongressional lawmakers have launched a formal investigation into whether solar-energy companies improperly received billions of dollars in tax incentives from the Obama administration.
Fri, 16 Sep 2016 00:34:44 EDTThe Commerce Department is investigating whether Aluminum Shapes helped Chinese metals giant China Zhongwang evade U.S. tariffs by importing disguised products.
Thu, 15 Sep 2016 12:22:53 EDTA federal jury found that the city of Miami and its former budget director had defrauded bond investors by failing to truthfully disclose the city’s deteriorating financial condition.
Wed, 14 Sep 2016 22:17:00 EDTA panel of British lawmakers accused two former News Corp executives of misleading Parliament when the pair were questioned about the phone-hacking scandal at the firm’s now-closed News of The World tabloid, while exonerating a third one as well as the company’s U.K. division.
Thu, 15 Sep 2016 10:14:57 EDTFederal prosecutors are in the early stages of an investigation into sales practices at Wells Fargo that led to the bank being hit last week with a $185 million fine, according to people familiar with the matter.
Wed, 14 Sep 2016 19:50:29 EDTBeverage companies and retailers filed a civil complaint, saying state law prevents cities from imposing duplicate taxes. The tax is scheduled to go into effect in January.
Wed, 14 Sep 2016 23:31:09 EDTPacific Investment Management Co. stepped up its defense against Bill Gross’s breach-of-contract lawsuit, alleging its former star manager leaked details on Pimco executives’ pay and withheld emails.
Wed, 14 Sep 2016 20:19:17 EDTFinal group of five men and seven women includes an unemployed chef, a retired camcorder repairman and a retired high-school counselor.
Wed, 14 Sep 2016 10:07:31 EDTOnline review sites gained some added legal cover this week after Congress advanced a bill that makes it harder for businesses to sue customers over negative reviews and a federal court ruled in favor of Yelp Inc. in one dispute.
Mon, 12 Sep 2016 23:40:26 EDTThe opiate epidemic and a handful of high-profile crimes have set back efforts by some states to restrain their prison populations, revealing cracks inwhat has been abipartisan movement.
Mon, 12 Sep 2016 16:54:17 EDTA grand jury will decide whether to charge Chicago police officers being investigated for allegedly lying about the fatal shooting of black teenager Laquan McDonald, a Cook County judge decided.
Tue, 13 Sep 2016 05:01:01 EDTA former sales manager for LG Electronics in California filed suit against LG and Samsung Electronics, claiming the two Korean companies have an agreement not to recruit each other’s Silicon Valley employees, which has the effect of suppressing wages.
Tue, 13 Sep 2016 09:32:41 EDTLegal woes dogging the head of Brazil’s JBS SA could delay plans by the world’s largest meatpacker to list its shares on the New York Stock Exchange, many analysts and investors say, a potential blow for the company at a time when investors are increasingly skittish about any bad news out of Brazil.
Mon, 12 Sep 2016 11:03:16 EDTThe European Union’s ruling that Ireland should recoup $14.5 billion in allegedly unpaid taxes from Apple wasn’t an attack against the U.S. or American companies, the bloc’s taxation chief Pierre Moscovici said.
Mon, 12 Sep 2016 11:57:40 EDTA Volkswagen engineer pleaded guilty on Friday to participating in the company’s efforts to cheat on diesel emissions tests, becoming the first person convicted in the U.S. in the scandal.
Fri, 09 Sep 2016 22:52:23 EDTA New Jersey appellate court Friday reversed the 2012 conviction of a former Rutgers University student convicted of invasion of privacy and bias intimidation against his roommate, who later committed suicide.
Mon, 12 Sep 2016 06:59:36 EDTThe government ordered a halt to work on a $3.8 billion, four-state oil pipeline in the Upper Midwest, handing a temporary victory to the Standing Rock Sioux tribe and other opponents of the project. The move followed a federal judge’s ruling allowing the pipeline to proceed.
Fri, 09 Sep 2016 11:45:41 EDTIn 2005, then-New York Attorney General Eliot Spitzer filed a financial-fraud lawsuit against Maurice “Hank” Greenberg, who was CEO of AIG at the time. Next week, the case is finally set to go to trial.
Fri, 09 Sep 2016 17:03:51 EDTWells Fargo, the largest U.S. bank by market value, must pay $185 million related to a regulatory enforcement action over “widespread illegal practice” around account openings, sales targets and compensation incentives. The bank fired about 5,300 employees during the government’s examination.
Thu, 08 Sep 2016 17:36:19 EDTNearly 18 months before Volkswagen admitted to cheating on auto emissions tests, its chief executive met with the head of supplier Robert Bosch GmbH to discuss the cars’ illegal “defeat device” software, according to an amended lawsuit.
Thu, 08 Sep 2016 20:45:47 EDTTwo North Carolina men were arrested on charges that they were part of a hacking group that pulled off a series of data breaches against the head of the CIA, a senior FBI official and a Justice Department system.
Thu, 08 Sep 2016 20:39:23 EDTThe U.S. Marine Corps has completed three internal investigations into the March death of a Muslim recruit, recommending criminal charges or administrative action against as many as 20 Marines personnel.
Thu, 08 Sep 2016 19:51:51 EDTBritish authorities have charged four men with planning to carry out acts of terrorism, nearly two weeks after they were arrested in a series of raids.
Thu, 08 Sep 2016 20:23:29 EDTFederal prosecutors charged two former executives of American Realty Capital Properties Inc. on Thursday with overstating the real estate investment firm’s financial results.