Carl Icahn’s hostile bid for Lions Gate Entertainment Corp. was set back by a New York judge’s decision to let a board member vote shares acquired in a deal that diluted the billionaire investor’s stake in the company.
Massey Energy Co., dealing with the death of 29 miners at one of its West Virginia coal mines, is being investigated by the FBI for possible bribery of state and federal inspectors, a person familiar with the probe said.
Rhonda Ryan didn’t meet many other women when she broke into the private-equity business 15 years ago. Today, she’s still the rare female executive in an industry pushed into the spotlight by the presidential campaign of Mitt Romney, co-founder of buyout firm Bain Capital LLC.
Three former bankers with a General Electric Co. unit that sold investment contracts to state and local governments were indicted for conspiring to profit at taxpayers’ expense by rigging bids, showing the broadening scope of a Justice Department investigation of municipal finance.
Three former UBS AG executives who pleaded guilty or were sentenced in U.S. courts over a 24-hour period put the largest Swiss bank in a different light than its website touting the skill and professionalism of its bankers.
UBS AG named Carl Mason of BNP Paribas an executive director and equity derivatives strategist, rehiring the analyst who said options showed investors were bracing for a stock-market crash a month before shares peaked in October 2007.