A New York law firm partner who said he paid his ex-wife $2.7 million of the purported value of his account with Bernard Madoff can sue her to revise their 2006 agreement because of the Ponzi scheme, an appeals court ruled.
A hearing on a $55 million settlement of lawsuits over a plan to take New York’s Empire State Building public will take place tomorrow after a judge declined a request by opponents of the transaction to postpone the proceedings.
Citigroup Inc. Chief Executive Officer Vikram Pandit and Pramit Jhaveri, head of the bank’s Indian unit, were cleared by local police of involvement in an alleged $66 million fraud at its branch in Gurgaon.
Paul Ceglia, who claims half the holdings of Facebook Inc. co-founder Mark Zuckerberg, must produce originals of the contract and e-mails that he says prove his case, a judge ordered at the request of the company.
A New York appeals court threw out a conviction for the second time in as many weeks of a teenager caught with a loaded gun in a so-called stop-and-frisk search by officers of the New York City Police Department.