litigation

MF Global Investors Settle Fraud Claims for $29M
Risk & Compliance

MF Global Investors Settle Fraud Claims for $29M

The settlement with five financial institutions that underwrote the sale of MF Global bonds brings the total recovery for investors to about $234 million.
By Matthew Heller | March 15, 2016
Read More
Trader Fined $11M Over Binary Options Sales
Risk & Compliance

Trader Fined $11M Over Binary Options Sales

The SEC and the CFTC alleged Cyprus-based Banc de Binary sold securities to U.S. investors without first registering them.
By Matthew Heller | March 9, 2016
Read More
Supreme Court to Hear Insider Trading Case
Risk & Compliance

Supreme Court to Hear Insider Trading Case

The issue facing the court in a California case is how to apply the "personal benefit" test for determining insider trading liability.
By Matthew Heller | January 20, 2016
Read More
Toshiba Shareholders Sue Over Accounting
Risk & Compliance

Toshiba Shareholders Sue Over Accounting

The lawsuit is the latest fallout from a financial scandal that has caused Toshiba's stock price to fall 40% since May.
By Katie Kuehner-Hebert | December 7, 2015
Read More
Target to Pay $39M to Settle Data-Breach Claims
Legal

Target to Pay $39M to Settle Data-Breach Claims

The settlement is with MasterCard and credit-card issuers seeking to hold Target liable for costs related to the 2013 breach.
By Matthew Heller | December 2, 2015
Read More
Tesco Settles Investor Class Action for $12M
Risk & Compliance

Tesco Settles Investor Class Action for $12M

The suit followed the U.K. grocer's admission that it overstated half-year profits by $377 million because of accounting errors.
By Matthew Heller | November 30, 2015
Read More
Ernst & Young Found Liable for Madoff Losses
Risk & Compliance

Ernst & Young Found Liable for Madoff Losses

The Big Four firm could be on the hook for $25 million in damages for failing to properly audit a Madoff feeder fund.
By Matthew Heller | November 16, 2015
Read More
3 Banks to Pay 54% of $1.8B CDS Suit Settlement
Risk & Compliance

3 Banks to Pay 54% of $1.8B CDS Suit Settlement

JP Morgan Chase, Morgan Stanley, and Barclays are shouldering most of the cost of a deal that resolved investors' allegations of CDS price fixing.
By Matthew Heller | October 19, 2015
Read More
Merrill Can’t Ditch Suit Over Advice to Zale
Risk & Compliance

Merrill Can’t Ditch Suit Over Advice to Zale

A Delaware judge finds investors may sue Merrill for failing to disclose a potential conflict during Zale's sale to Signet Jewelers.
By Matthew Heller | October 2, 2015
Read More
BP Escapes Larger Damages With $18B Settlement
Risk Management

BP Escapes Larger Damages With $18B Settlement

The settlement of Deepwater Horizon claims includes a record $5.5 billion in Clean Water Act penalties — about half of what BP might have faced.
By Matthew Heller | July 7, 2015
Read More
Antitrust Loss Forces Change in AmEx Policy
Legal

Antitrust Loss Forces Change in AmEx Policy

Merchants who accept AmEx cards are no longer banned from steering customers to Visa and MasterCard.
By Katie Kuehner-Hebert | June 19, 2015
Read More
Nike Settles $10M Suit Against Ex-Designers
Risk & Compliance

Nike Settles $10M Suit Against Ex-Designers

Footwear giant had alleged three designers stole trade secrets to help them open a design studio for Adidas.
By Katie Kuehner-Hebert | June 10, 2015
Read More
On the Stand
Risk & Compliance

On the Stand

How to be an effective witness in corporate litigation.
By Michelle Celarier | January 1, 1998
Read More
Previous