Standard & Poor’s may face widening litigation over credit ratings during the housing boom as states investigate the company and consider bringing new cases that would add to more than a dozen across the country.
Standard & Poor’s employees sang and danced to a mock song inspired by “Burning Down the House” and joked about the company’s willingness to rate deals “structured by cows” before the 2008 global financial collapse, according to a U.S. government lawsuit.
Two-time U.S. presidential candidate and former North Carolina Senator John Edwards is about to learn his fate on charges he violated campaign finance rules to hide a mistress as the process to select a jury begins.
Major League Baseball veteran Roger Clemens is likely to face another trial on charges of lying to Congress unless his attorneys can show prosecutors deliberately provoked yesterday’s mistrial, lawyers say.
Switzerland said it expects to deliver account data on almost 4,450 UBS AG clients suspected by the U.S. of tax evasion, prompting the Internal Revenue Service to say it will drop a lawsuit against the bank within months.
Former presidential candidate John Edwards isn’t likely to be retried for using illegal campaign contributions to hide an extramarital affair after a jury acquitted him on one count and failed to reach a verdict on five others, according to a person familiar with the matter.
Highland Capital Management LP, the debt manager with about $22 billion in assets under management, and JPMorgan Chase & Co . were sued by a Houston pension plan over claims that willful looting led to the demise of the Highland Crusader Fund.
John Edwards , the two-time U.S. presidential candidate and former North Carolina senator, pleaded not guilty to charges of accepting more than $925,000 in illegal campaign contributions to hide an extramarital affair.
Jurors tend to look past a criminal defendant’s reputation, no matter how odious, to render verdicts based on fact and law, lawyers said after former presidential candidate John Edwards won an acquittal and mistrial last week.