Hedge fund FrontPoint Partners LLC employees were allegedly tipped by a French doctor working as a consultant for Human Genome Sciences Inc. on the results of trials for the hepatitis-C drug Albuferon, a person familiar with the matter said.
Mauritanians will probably extend President Mohamed Ould Abdel Aziz’s mandate in today’s first- round election as most opposition groups say they will boycott the vote because of concern it won’t be fair.
Mauritanians will probably extend President Mohamed Ould Abdel Aziz’s mandate in tomorrow’s first- round election as most opposition groups say they will boycott because of concern the vote won’t be fair.
SAP AG, the business-software maker ordered by a jury to pay $1.3 billion to Oracle Corp., told a judge the verdict was based on speculation about Oracle’s losses and should be cut to no more than $408 million.
Oracle Chief Executive Officer Larry Ellison , who has said the new head of rival Hewlett-Packard Co. oversaw “industrial espionage” while he was at SAP AG, will testify Nov. 8 at a trial between Oracle and SAP, a lawyer said in court.
Citigroup Inc. prevailed at trial against a multibillion-dollar lawsuit by Terra Firma Capital Partners Ltd. and its Chairman Guy Hands, who claimed he was tricked by the bank into overpaying for EMI Group Ltd. in 2007.