Posted by Reuters: Business News on January 30, 2012
(Reuters) – The federal judge overseeing MF Global Holdings Ltd’s bankruptcy appointed one law firm to represent brokerage employees who claimed to be fired unfairly, ending a “vitriolic battle” for that role.
Posted by Reuters: Business News on January 27, 2012
(Reuters) – A federal judge on Thursday said BP Plc must indemnify Transocean Ltd for some compensatory damage claims over the 2010 Gulf of Mexico oil spill.
Posted by Reuters: Business News on December 6, 2011
(Reuters) – BP Plc accused Halliburton Co of destroying evidence that the oilfield services company did inadequate cement work on the Gulf of Mexico oil well that blew out last year, and asked a federal judge to punish Halliburton.
Posted by Reuters: Business News on November 28, 2011
NEW YORK (Reuters) – A federal judge angrily blocked Citigroup Inc’s proposed $285 million settlement over the sale of toxic mortgage debt, excoriating the top U.S. market regulator over how it reaches corporate fraud settlements.
Posted by Reuters: Business News on November 9, 2011
NEW YORK (Reuters) – A federal judge ordered Raj Rajaratnam, the Galleon Group hedge fund founder sentenced to 11 years in prison for insider trading, to pay a record $92.8 million penalty in a related Securities and Exchange Commission civil case.
Posted by Reuters: Business News on November 8, 2011
NEW YORK (Reuters) – A federal judge ordered Raj Rajaratnam, the Galleon Group hedge fund founder sentenced to 11 years in prison for insider trading, to pay a record $92.8 million penalty in a related Securities and Exchange Commission civil case.
Posted by Reuters: Business News on November 2, 2011
(Reuters) – A federal judge threw out most of a $19.9 billion lawsuit against JPMorgan Chase & Co and a $2 billion case against UBS AG by the trustee seeking money for victims of epic swindler Bernard Madoff’s fraud.
Posted by Reuters: Business News on October 21, 2011
(Reuters) – A federal judge has rejected American International Group Inc’s request to move its $10 billion mortgage fraud lawsuit against Bank of America Corp back to a New York state court, where it was originally filed, from federal court.
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Posted by Reuters: Business News on September 28, 2011
NEW YORK (Reuters) – A federal judge narrowed a $1 billion lawsuit against owners of the New York Mets baseball team by the trustee seeking money for Bernard Madoff’s victims, and cast skepticism on how much might ultimately be recovered.
Posted by Reuters: Business News on August 26, 2011
NEW YORK (Reuters) – A federal judge overseeing hundreds of lawsuits related to last year’s massive oil spill in the Gulf of Mexico on Friday dismissed some plaintiff claims and allowed others to remain in the litigation.
