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.
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.
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.
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.
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.