Richard Latham News
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The former chief executive officer and two former directors of iSoft Group Plc lied to the market about revenue in order to win contracts and boost their pay, the U.K. finance regulator said.
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Virgin Atlantic Airways Ltd. owner Richard Branson asked an executive to “sound out” a contact at rival British Airways Plc over proposed changes to fuel surcharges, a prosecutor told a London court.
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Goldman Sachs Group Inc. was sued by shareholders over a collateralized-debt obligation known as Abacus 2007-AC1 that prompted a U.S. Securities and Exchange Commission lawsuit this month.
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While Fabrice Tourre may have found himself fabulous when devising intricate transactions and presuming he survived their collapses, the e-mail trail he left behind was a less-than-marvelous repetition of history.
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Four current and former British Airways Plc executives were acquitted of price-fixing charges at a London court after the prosecution’s case collapsed amid problems with evidence, including corrupted e-mails.
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A BP Plc investor has sued the company’s board of directors on claims its pursuit of profits at the expense of safety led to the Gulf of Mexico oil spill that could cost the company billions of dollars.
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Three former British Airways Plc executives and one current manager are facing claims they schemed with Virgin Atlantic Airways Ltd. to fix fuel surcharges on trans-Atlantic flights, at a criminal trial that began today.
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A former Dresdner Kleinwort banker, whose deals were the common thread to a more than yearlong insider-trading probe, was sentenced to the longest prison term for the crime in the U.K.
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A former Dresdner Kleinwort banker’s deals were the common thread the U.K. Financial Services Authority found in an investigation of a series of trades made before proposed takeovers.
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Virgin Atlantic Airways Ltd. could lose immunity in a U.K. antitrust probe and be fined if it’s found to have ruined a criminal price-fixing trial as the nation’s antitrust regulator seeks to restore its credibility.
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