A U.S. judge rejected for the second time a plea agreement between prosecutors and William Mastro, the former sports memorabilia auction house chief accused of altering a rare baseball card to boost its value.
Former MF Global Holdings Ltd. Chairman and Chief Executive Officer Jon S. Corzine helped accelerate the futures brokerage’s demise with risky business strategies and mismanagement, according to a report by bankruptcy trustee Louis Freeh.
Conrad Black, the former Hollinger International Inc. chairman convicted in 2007 on fraud and obstruction charges, lost a bid to void that verdict on grounds he was blocked from hiring the defense lawyers he wanted.
Bank of America Corp. , ordered to return $500 million in deposits to Lehman Brothers Holdings Inc. and pay $90 million in interest, said it didn’t act with “maliciousness” and shouldn’t have to pay damages greater than $1.3 million of Lehman’s costs for litigating the case.
Former Illinois Governor Rod Blagojevich, facing a June 3 corruption trial, asked a judge to throw out 19 of the 24 counts he faces, arguing they’re based on a law the U.S. Supreme Court may soon overturn.
Conrad Black , set to be formally freed on bail, may be sent back to prison if he can’t convince an appeals court that a U.S. Supreme Court ruling requires that his fraud and other convictions be set aside.
Rod Blagojevich , the former Illinois governor, asked U.S. Supreme Court Justice John Paul Stevens to halt his June 3 corruption trial until the high court rules on the legality of the federal honest-services fraud law.