Friedrich Apostel News
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Deutsche Telekom AG is being investigated by prosecutors in Bonn on the ground that it may have charged too much for supplying directory assistance information to rivals, Handelsblatt reported, citing Friedrich Apostel, a spokesman for the prosecutor’s office.
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Former Deutsche Telekom AG Chairman Klaus Zumwinkel and former Chief Executive Officer Kai-Uwe Ricke won’t be charged in a probe over spying on journalists and board members at Europe’s largest phone company.
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JPMorgan Chase & Co. should pay a minimum of $19 billion in damages for its role in Bernard Madoff’s fraud, Irving Picard, the trustee liquidating the con man’s firm, said in a revised lawsuit.
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Deutsche Telekom AG Chief Executive Officer Rene Obermann said bribery allegations made against him in connection with a probe by Bonn prosecutors are baseless.
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The 50 state attorneys general probing U.S. foreclosure practices will first settle with the five largest loan servicers, including Bank of America Corp. and JPMorgan Chase & Co. , Iowa Attorney General Tom Miller said.
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Bonn prosecutors raided private homes of employees at Deutsche Telekom AG as well as the offices of other companies in late August as part of a corruption probe.
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Deutsche Telekom AG , Europe’s biggest phone company, said Bonn prosecutors acted excessively when they raided the home of Chief Executive Officer Rene Obermann last month as part of a corruption probe.
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BP Plc , whose potential liability for the Gulf of Mexico oil spill has lawmakers and analysts raising the specter of bankruptcy, would be unlikely to avoid paying claims by seeking court protection, Bloomberg News’ Margaret Cronin Fisk and Linda Sandler reported after speaking with restructuring experts.
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Internet-service providers may fight U.S. Web-access rules in court, betting they can overturn the Federal Communications Commission chairman’s signature achievement.
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Deutsche Telekom AG Chief Executive Officer Rene Obermann escaped charges by German prosecutors over bribery allegations at company units in Hungary and the Republic of Macedonia.
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