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.
Thomas and Raymond Kwok, the billionaire brothers running Hong Kong’s second-largest developer, and the Chinese city’s former No. 2 official pleaded not guilty today to charges including conspiracy to commit misconduct in public office.
Federal prosecutors said they were prepared to summon Goldman Sachs Group Inc. President Gary Cohn as a witness to rebut Galleon Group LLC co-founder Raj Rajaratnam’s defense in his insider-trading trial.
British Airways Plc didn’t always tell Virgin Atlantic Airways Ltd. before raising fuel surcharges during a period of record oil prices, a defense lawyer said at a criminal price-fixing trial in London.