Deborah Batts News
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A $115 million settlement between American International Group Inc. shareholders and former executives including Maurice “Hank” Greenberg was approved by a judge in New York.
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Barclays Plc, the U.K.’s second- largest lender by assets, paid investment bankers bonuses “incapable of justification” as employees focused on revenue at the expense of clients, according to an internal report.
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Royal Bank of Scotland Group Plc, Deutsche Bank AG and Wells Fargo & Co. must face claims from a pension fund over $1.3 billion in mortgage bonds and potentially billions more, a federal appeals court ruled.
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Winston & Strawn LLP is opening a Brussels office in June, which will be led by antitrust and competition lawyer Peter Crowther. It will be the firm’s 16th office and the fifth in Europe.
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Former Kirkland & Ellis LP senior partner Theodore Freedman pleaded guilty to fraud in connection with the filing of false tax forms.
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John Kinnucan, the expert-networker who refused to cooperate in a U.S. probe of insider trading before admitting to passing tips to hedge-fund clients, was sentenced to four years and three months in prison.
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John Kinnucan, the expert-networker sentenced to four years and three months in prison for his role in passing inside tips to hedge-fund clients, refuses to settle an insider-trading lawsuit, the U.S. Securities and Exchange Commission said.
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Suspected al-Qaeda leader Mamdouh Mahmud Salim , who plunged a comb into the eye of a jail guard in 2000 while awaiting trial in New York on terrorism charges, was resentenced today to life in prison.
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Scott Allen, a former Mercer LLC investment adviser, pleaded guilty to charges that he supplied nonpublic information to a friend in a $2.6 million insider- trading scheme involving drug-company acquisitions.
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John Kinnucan, the founder of Broadband Research LLC who was indicted for insider trading, can be freed from jail on $5 million bond, a Manhattan federal judge said.
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