popular dating website intentionally misled couples about their suitability could open it up to a U.S. Federal Trade Commission inquiry, according to lawyers and experts in consumer-protection law.» Read More
May 20- British insurer RSA Insurance Group Plc said on Monday it had reached agreement to sell its majority-owned Canadian brokerage business- Noraxis Capital Corp- to U.S. insurance brokerage Arthur J. Gallagher& Co for C $500 million.
NEW YORK, May 16- A week after concluding a controversial settlement with Chevron Corp, law and lobbying firm Patton Boggs is seeking to close the biggest law firm merger so far this year by as early as next week, according to four sources familiar with the matter.
LONDON, May 13- Britain's Ministry of Justice has been barred from intervening in a court appeal over whether a judge was right to halt a fraud trial after defendants said they could not find senior lawyers to represent them because of government cuts to legal aid.
LONDON, May 8- The European Commission would probably block any attempt by the British government to intervene in Pfizer's proposed takeover of AstraZeneca as Brussels itself would rule on a deal of that size, competition lawyers say. AstraZeneca has rejected the $106 billion bid to create the world's largest pharmaceuticals business.
NEW YORK, May 7- In a deal that could pave the way for a major law firm merger, Washington law and lobbying firm Patton Boggs has agreed to pay $15 million to settle claims by Chevron Corp that it tried to enforce an $18 billion pollution judgment in Ecuador against the oil company it knew was obtained through fraud and corruption.
NEW YORK, May 7- Chevron Corp said on Wednesday that Washington law firm Patton Boggs has agreed to pay $15 million to settle claims it tried to enforce a multibillion-dollar Ecuador judgment against the oil company it knew was fraudulently obtained.
WASHINGTON, May 7- As the U.S. Supreme Court's nine-month term reaches a climax, nearly all of the most hotly anticipated decisions will be in high-stakes business cases. In the securities case, Halliburton v. Erica P. John Fund, the court could hand a sizable setback to the securities class action plaintiffs' bar by making it harder to bring such lawsuits.
A consumer rights law firm said it filed a lawsuit against Google alleging the company "illegally monopolized" the Internet and mobile search market.
May 2- Consumer rights law firm Hagens Berman said it filed a nationwide antitrust class-action lawsuit against Google Inc alleging the company "illegally monopolized" the Internet and mobile search market in the United States. Google said Android and Google can be used independent of each other.
May 1- Consumer rights law firm Hagens Berman said it filed a nationwide antitrust class-action lawsuit against Google Inc alleging the company "illegally monopolized" the Internet and mobile search market in the United States.
Lawyers said the 6-2 Supreme Court decision to side with the EPA was a timely boost for the agency as it moves to regulate carbon dioxide emissions from the country's power plants using a different section of the Clean Air Act.
White did not elaborate on what the SEC has been finding, or what defines "emerging financial fraud." In addition, last July the SEC unveiled its new financial reporting and audit task force, which is headed by David Woodcock, an attorney and accountant who heads the SEC's Fort Worth, Texas, office.
April 24- Scott London, a former senior partner at the accounting firm KPMG LLP, was sentenced by a federal judge in Los Angeles on Thursday to 14 months in prison for insider trading. When he was confronted by the FBI, he protected KPMG and his clients by fully cooperating immediately. " London, U.S. District Court, Central District of California, No. 13- cr-00379.
April 22,- The well-known Los Angeles- based bankruptcy law firm Stutman Treister& Glatt, which once advised on the Chapter 11 proceedings of companies including Lehman Brothers and Enron Corp, has announced it is closing.
*Taxpayer wants hearing to question IRS "retribution". *IRS argues taxpayer is on "fishing expedition". The IRS is squaring off against Michael Clarke, a West Palm Beach, Florida, investor who is arguing that the U.S. tax agency in 2011 improperly issued a summons "as retribution" against him and his business partners for resisting an audit.
WASHINGTON, April 18- Mexican sugar producers pose no threat to the U.S. sugar industry, their lawyer said on Friday, rejecting a charge that Mexican sugar is being dumped in the United States and unfairly benefits from government subsidies.
NEW YORK, April 17- Ford Motor Co and IBM Corp will again have to face a U.S. lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue such cases.
WASHINGTON, April 14- Bart Chilton, an outspoken former regulator who spent more than six years as a member of the U.S. Commodity Futures Trading Commission, will join the law firm DLA Piper, the company said on Monday.
With the deadline for filing hours away, tax professionals across the country said some clients have been surprised to learn the Internal Revenue Service was taking a larger bite.
WASHINGTON, April 10- Public company and bank audits conducted around the globe by units affiliated with the world's six largest accounting firms are persistently riddled with flaws, a group of international regulators have found.