Recent Updates

  • Defendant pleads guilty in stock, money-laundering scheme

    Defendant pleads guilty in stock, money-laundering scheme

    Corporate Law 08/23/2016

    Federal prosecutors in New York say a Belize resident has pleaded guilty to money laundering conspiracy for helping clients profit off illegal stock trades and then laundering more than $250 million. U.S. Attorney Robert L. Capers announced the plea ...

  • NY court agrees to rehear Ex-Goldman board member's appeal

    NY court agrees to rehear Ex-Goldman board member's appeal

    Corporate Law 02/22/2016

    A federal appeals court in New York has agreed to rehear the appeal of the insider-trading conviction of a former board member for Goldman Sachs and Proctor & Gamble. The 2nd U.S. Circuit Court of Appeals on Thursday issued an order saying it wil...

  • High court rejects ex-stockbroker's appeal in fraud case

    High court rejects ex-stockbroker's appeal in fraud case

    Corporate Law 11/24/2015

    The Supreme Court turned away an appeal from a former Toronto stockbroker convicted in a multimillion-dollar securities fraud who says federal prosecutors should have turned over documents that might have helped his defense. The justices Monday let s...

  • Appeals court skeptical of fairness of trader's conviction

    Appeals court skeptical of fairness of trader's conviction

    Corporate Law 05/24/2015

    An appeals court panel on Wednesday expressed doubts about the fairness of a prosecution that led to a prison sentence for a man convicted of defrauding a government bailout program. A three-judge panel of the 2nd U.S. Circuit Court of Appeals had pl...

  • Morgan Stanley to pay $2.6B to settle charges

    Morgan Stanley to pay $2.6B to settle charges

    Corporate Law 02/09/2015

    Morgan Stanley said Wednesday it has agreed to pay $2.6 billion to settle with the federal government over its role in the mortgage bubble and subsequent financial crisis. The settlement makes Morgan Stanley the latest Wall Street bank to reach a set...

  • Folsom man pleads guilty in $40M investment scam

    Folsom man pleads guilty in $40M investment scam

    Corporate Law 09/09/2014

    The president of a Northern California financial firm has pleaded guilty to wire fraud in an investment scam that bilked more than 300 people out of roughly $40 million. Federal prosecutors in Sacramento say Anthony Vassallo and his associates collec...

  • Court weighs securities fraud class-action cases

    Court weighs securities fraud class-action cases

    Corporate Law 04/24/2014

    The Supreme Court is considering whether to abandon a quarter-century of precedent and make it tougher for investors to band together to sue corporations for securities fraud. The justices hear arguments Wednesday in an appeal by Halliburton Co. that...

  • Man to plead guilty in Disney insider info case

    Man to plead guilty in Disney insider info case

    Corporate Law 04/24/2014

    A man will plead guilty to securities fraud and pay regulators around $801,000 for using insider information to profit from Disney's $4 billion acquisition of Marvel Entertainment in 2009. According to the deal filed in Los Angeles federal court Wedn...

Business News

New York Adoption Lawyers Rosin Steinhagen Mendel is a law firm dedicated to serving our clients in New York City. >> read
Chicago Work Accident Lawyers at Krol, Bongiorno & Given have been a leader in the field of workers' compensation law. >> read