The bankers are in New York, the exchange is in London and the aluminum is stored mostly around Detroit. The buyers of the metal suing over allegations of price manipulation are scattered across the U.S.
Bank of America Corp. agreed to pay $20 million to settle a class-action lawsuit by a group of government entities that alleged the bank was part of a conspiracy that rigged bids for municipal derivatives.
Apple Inc. passed along to customers fees on iPhone applications imposed by developers, a judge said, dismissing a lawsuit claiming the company’s apps monopoly cost consumers hundreds of millions of dollars in overcharges.
Riche T. McKnight, a partner at the law firm of Winston & Strawn and a former executive director in the Morgan Stanley litigation department, is among the candidates to succeed ousted NBA Players Association chief Billy Hunter, two people with direct knowledge of the search said.
AstraZeneca Plc and three generic- drug makers must face class-action allegations they overcharged consumers by delaying low-cost versions of the heartburn medication Nexium for six years, a judge ruled.
While top-tier U.K. law firms weather the economic difficulties that have gripped the profession, their mid-market counterparts could be facing a serious risk of survival, according to a survey by PricewaterhouseCoopers.
R. Allen Stanford, standing trial on allegations he led a $7 billion investment fraud, appeared in an October 2008 video shown to jurors in which he decried “damn greed” on Wall Street as the financial crisis deepened.
Apple Inc., Google Inc. and two other Silicon Valley companies must face a group lawsuit representing more than 64,000 technical employees claiming their incomes were held down by the companies’ agreements not to recruit one another’s workers.