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  • Analyzing the impact of the Supreme Court bar Monday, 8 Dec 2014 | 5:32 AM ET

    NEW YORK, Dec 8- Our reporting team used a wide array of data and computing tools to produce the most comprehensive analysis to date of the U.S. Supreme Court private bar. The data contained appeals filed during Supreme Court terms beginning in 2004 through 2012. At the time we began our analysis, it was the most complete data available. The data included about...

  • A Reuters examination of nine years of cases shows that 66 of the 17,000 lawyers who petitioned the Supreme Court succeeded at getting their clients' appeals heard at a remarkable rate. The lawyers are the most influential members of one of the most powerful specialties in America: the business of practicing before the Supreme Court. They are the elite of the...

  • Dec 5- A federal judge has thrown out a whistleblower lawsuit by a former official of a unit of advertising company WPP Plc who claimed he was fired in retaliation for reporting accounting irregularities to his superiors. District Judge Gregory Woods in Manhattan said Daniel Berman, who was a finance director at WPP's NeozOgilvy LLC unit, did not qualify for...

  • Battle for Club Med tests regulator's patience Thursday, 4 Dec 2014 | 9:52 AM ET

    *Club Med tussle is France's longest takeover battle. PARIS, Dec 4- France's financial regulator is speeding up the auction for Club Mediterranee in an effort to end the uncertainty for shareholders, but is likely to hold back from asking for sealed bids for now due to legal risks of a possible tie, lawyers said. The first dates back to May 2013, and the latest was on Dec....

  • U.S. watchdog says flaws persist in public company audits Wednesday, 3 Dec 2014 | 12:32 PM ET

    WASHINGTON, Dec 3- A sampling of audits of public companies reviewed last year showed numerous deficiencies in opinions issued by the four largest U.S. accounting firms, the top U.S. audit watchdog said on Wednesday. In a speech before the U.S. Chamber of Commerce, Public Company Accounting Oversight Board Chairman James Doty said that of the 219 "Big Four" audits...

  • LONDON, Dec 3- Britain plans to introduce a 25 percent tax to target multinationals such as tech companies Google and Amazon accused of using complex accounting schemes to cut their payments on earnings. Companies including Google, coffee shop chain Starbucks and internet retailer Amazon have paid minimal corporate tax in Britain by shifting revenues to...

  • MOSCOW, Nov 28- Sanctioned Russian companies hoping to tap Asian bond markets for financing are struggling to find lawyers, underwriters or even bourses to help with potential deals, banking sources said on Friday. Some of Russia's largest firms and banks, including No. 2 bank VTB and leading oil producer Rosneft, have championed Russia's turn to the East after...

  • Google faces lawsuit on mobile internet search Friday, 2 May 2014 | 10:20 AM ET

    A consumer rights law firm said it filed a lawsuit against Google alleging the company "illegally monopolized" the Internet and mobile search market.

  • The ugly battle over police pensions in America Thursday, 16 Jan 2014 | 3:50 PM ET
    Stockton Police officers talk with a parolee in Stockton, California.

    A drive by some cities to cut costly police retirement benefits has led to an extraordinary face-off between local politicians and the law enforcement officers.

  • HSBC hit with record $2.46 billion judgment Friday, 18 Oct 2013 | 3:02 AM ET

    A unit of British bank HSBC was hit with a record $2.46 billion final judgment in a U.S. securities class action lawsuit on Thursday.

  • Shutdown halts IRS seizures from tax cheats Saturday, 5 Oct 2013 | 8:48 AM ET
    The IRS building in Washington, D.C.

    The IRS said that it has stopped initiating new asset seizures from tax delinquents during the government shutdown.

  • Morningstar Says Client Data May Have Been Leaked Saturday, 6 Jul 2013 | 5:29 PM ET

    Morningstar said personal information, including credit-card details, of about 2,300 customers may have been compromised due to a security breach last year.

  • Britain to Quiz Google Again on Tax Wednesday, 1 May 2013 | 2:26 AM ET
    Google street view can on the Google Campus

    Google and its auditor Ernst & Young will be called again to a British parliament committee to testify on tax and inconsistencies in the way Google portrays its activities in Britain.

  • FBI Launches Probe as KPMG Quits Herbalife, Skechers Wednesday, 10 Apr 2013 | 6:15 AM ET

    In a blow to one of the world's largest accounting firms, KPMG said it resigned as auditor of two U.S. corporations amid an FBI investigation into insider trading allegations.

  • KPMG Fires Partner for Role in Insider Trading Tuesday, 9 Apr 2013 | 6:38 AM ET

    KPMG said late on Monday it had fired a senior partner in the accounting firm's Los Angeles office for allegedly providing inside information to an unnamed third party.

  • RBS Faces $6 Billion Investor Action Thursday, 4 Apr 2013 | 2:25 AM ET
    Royal Bank of Scotland

    A group of shareholders in Royal Bank of Scotland has launched a multi-million pound lawsuit against the state-owned bank for misleading investors at the height of the credit crisis in 2008.

  • Judge Questions Citigroup's $590 Million Settlement Tuesday, 2 Apr 2013 | 2:04 AM ET
    A sign is displayed outside Citigroup Center in New York.

    A Manhattan federal judge on Monday signaled he will not rubber-stamp Citigroup's proposed $590 million settlement of a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets.

  • What the IRS Doesn't Want You to Know About Audits Tuesday, 19 Mar 2013 | 8:01 PM ET
    The IRS building in Washington, D.C.

    As if audits aren't painful enough -- there's a lot the IRS won't tell you. Check out these tips from a former IRS agent.

  • Managers—Don't Hate Them, Pity Them! Monday, 11 Feb 2013 | 12:14 PM ET

    You think you've got it bad - your manager has it really tough. In this new book, the authors explain what managers are good for ... and why we should cut them some slack.

  • toyota.jpg

    Toyota Motor plans to spend $1.1 billion to resolve sweeping U.S. class-action litigation over claims that millions of its vehicles accelerate unintentionally, as the Japanese automaker looks to turn the page on the biggest safety crisis in its history.