Federal prosecutors in New York have been examining transactions by Goldman Sachs Group Inc., accused of fraud by U.S. securities regulators, to determine whether to pursue a criminal case, according to two people familiar with the matter.
Funds of David Einhorn’s Greenlight Capital Inc. and Julian Robertson’s Tiger Management LLC are among 18 short sellers of Volkswagen AG stock that joined a fraud lawsuit against Porsche Automobil Holding SE.
Hewlett-Packard Co. , accusing Oracle Corp. of harassing its new chief executive officer, refused to accept service of a subpoena requiring Leo Apotheker to testify at a trial over SAP AG’s downloading of Oracle software.
A Stuttgart court threw out market manipulation charges against former Porsche SE Chief Executive Officer Wendelin Wiedeking, imperiling multiple probes over the company’s failed bid to use options to acquire Volkswagen AG.
Rajat Gupta, while on the Goldman Sachs Group Inc. board in 2008, told Galleon Group LLC co- founder Raj Rajaratnam of the board’s talks on whether to buy American International Group Inc. or Wachovia Corp., according to a wiretapped recording.
The role of Porsche SE’s supervisory board during a failed bid to take over Volkswagen AG is being investigated as a three-and-a-half-year-old market manipulation probe spreads to the family of the company’s founder.