Paul Ceglia’s suit claiming he’s entitled to a multibillion-dollar share of Facebook Inc. was thrown out by a federal judge in Buffalo, New York, who called the document meant to back the claim “a fabrication.”
Anheuser-Busch InBev NV was sued by the California lawyer who previously tried to block the merger that created the company and now seeks to stop its purchase of Grupo Modelo SAB over claims the deal will drive up beer prices.
Continental Airlines Inc. Chief Executive Officer Jeff Smisek defended a proposed merger with UAL Corp. , testifying in federal court that combining the airlines will “increase our revenue and decrease our costs.”
The U.S. government rested its case yesterday in a prosecution that may provide a preview of next year’s trial of Galleon Group LLC co-founder Raj Rajaratnam, accused of helping direct the largest-ever hedge fund insider trading scam, Bloomberg News’ David Glovin reports.
Anheuser-Busch InBev NV seeks dismissal of a private antitrust lawsuit alleging its $20 billion acquisition of Grupo Modelo SAB will lead to higher beer prices, while nine customers who filed the lawsuit asked a judge to postpone the deal.
Sharp Corp., Samsung Electronics Co. and five other makers of liquid crystal display panels used in computers and televisions agreed to pay $538.6 million to settle antitrust claims by indirect purchasers.