Sponsored by
Topics
Topics
Accounting & Tax
Corporate Finance
Human Capital
Risk & Compliance
Strategy
Technology
Featured
Risk & Compliance
Do You Spend Enough Time Assessing Strategic Risks?
Devote more time to strategic risk management and you won’t be caught completely unprepared.
By
Perry D. Wiggins, C.P.A.
| January 26, 2022
Read More
Resources
Sign Up
Menu
Topics
Accounting & Tax
Corporate Finance
Human Capital
Risk & Compliance
Strategy
Technology
Explore
Search
Sign Up
Sponsored by
litigation
Financial Performance
Goldman Q4 Profit Dives as Expenses Jump 42%
The bank set aside $1.1 billlion for legal costs and spent heavily on employee compensation and benefits.
By
Matthew Heller
| January 16, 2020
Read More
Legal
GE Warns Subprime Unit Could Go Bankrupt
The defunct WMC Mortgage unit "has emerged in recent months as one of the biggest headaches in GE's vast business empire.”
By
Matthew Heller
| May 7, 2018
Read More
M&A
Litigation Costs Put Dent in Wells Fargo Profit
The beleaguered bank's shares fall 2.7% after it reports Q3 net income fell to $4.6 billion from $5.6 billion one year ago while EPS misses estimates.
By
Matthew Heller
| October 13, 2017
Read More
Risk & Compliance
RBS Settles Suit Over Toxic RMBS for $5.5B
"This settlement is a stark reminder of what happened to this bank before the financial crisis," the bank's CEO says.
By
Matthew Heller
| July 12, 2017
Read More
Risk & Compliance
BofA Pays Tutor Perini $37M to Settle Fraud Case
Tutor Perini alleged the bank did not disclose the ARS market was heading for collapse when it sold the securities to the company.
By
Matthew Heller
| June 7, 2017
Read More
M&A
Anthem, Cigna Trade Lawsuits Over Merger
The suits follow a court ruling blocking the deal, with Anthem attempting to stop Cigna from terminating their agreement.
By
Matthew Heller
| February 15, 2017
Read More
M&A
Abbott Files Suit to Terminate Alere Merger
“Alere is no longer the company Abbott agreed to buy 10 months ago," Abbott says, citing negative developments since the deal was announced.
By
Matthew Heller
| December 8, 2016
Read More
Risk & Compliance
Court Blocks Obama’s Expansion of Overtime
The Labor Department exceeded its authority in raising the minimum salary level for overtime eligibility, a Texas judge rules.
By
Matthew Heller
| November 25, 2016
Read More
Risk & Compliance
RBS Agrees to $1.1B Settlement of MBS Claims
The regulator of federal credit unions has now recovered $4.3 billion from financial institutions over sales of toxic mortgages.
By
Matthew Heller
| September 28, 2016
Read More
M&A
Williams Cos. Fights for Energy Transfer Merger
Investors backed Williams' board, which is appealing a judge's ruling that Energy Transfer can walk away from the deal.
By
Matthew Heller
| June 28, 2016
Read More
Risk & Compliance
Viacom to Pay Costs of CEO’s Fight With Mogul
The disclosure of the legal costs arrangement follows Sumner Redstone's move to oust five board members including CEO Philippe Dauman.
By
Matthew Heller
| June 17, 2016
Read More
Risk & Compliance
Ex-Credit Union CFO Claims Wrongful Firing
Timothy Ross alleges Nutmeg State Financial Credit Union fired him for trying to expose an "illegal scheme" to boost the CEO's pay.
By
Matthew Heller
| June 6, 2016
Read More
Technology
Facebook Can’t Dodge Suit Over Photo Tagging
A judge rules Illinois' biometric privacy law may apply to Facebook's use of facial recognition software to tag photos.
By
Matthew Heller
| May 6, 2016
Read More
Risk & Compliance
Judge Strips MetLife of ‘Too Big to Fail’ Label
MetLife's victory in a legal battle with regulators could encourage other institutions to challenge the "systemically important" designation.
By
Matthew Heller
| March 30, 2016
Read More
Turnarounds
Sports Authority Sues Dozens of Suppliers
The suits seek to resolve a dispute between the insolvent retailer and its consignment vendors over $85 million worth of goods on its shelves.
By
Matthew Heller
| March 16, 2016
Read More
Next
