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  • Feb 25- Morgan Stanley said it will pay $2.6 billion to the U.S. Department of Justice and United States Attorney's Office for the Northern District of California to resolve potential claims stemming from sale of mortgage bonds before the financial crisis.

  • WASHINGTON, Feb 25- MetLife Home Loans LLC will pay $123.5 million to resolve alleged Federal Housing Administration mortgage lending violations, the U.S. Department of Justice said on Wednesday. The unit, a subsidiary of MetLife Inc, knowingly violated the False Claims Act between September 2008 and March 2012 by originating and underwriting mortgage loans...

  • MetLife will pay gov't $123.5M in mortgage settlement Wednesday, 25 Feb 2015 | 1:49 PM ET

    NEW YORK— MetLife's home lending unit will pay $123.5 million to end an investigation into allegations it gave government-backed mortgages to people who didn't meet federal requirements. The Justice Department said Wednesday that MetLife knew the business was issuing hundreds of loans that didn't meet federal requirements, which means they were not...

  • The Olympus Corp. of the Americas, an arm of Japan's Olympus Corp., disclosed Feb. 6 that it has been under federal investigation since 2011 for possible violations of laws that typically ban improper payments to doctors or other customers. A company statement says Olympus is talking with the Justice Department to resolve the case, and it warns the company's...

  • Feb 17- A Russian accused of helping mastermind the largest international data breach ever prosecuted in the United States pleaded not guilty on Tuesday, following his extradition from the Netherlands, the U.S. Department of Justice said. Sixteen companies' networks were infiltrated, including those of Nasdaq OMX Group Inc, 7- Eleven, France's Carrefour SA, JC...

  • WASHINGTON, Feb 17- A judge in Texas has temporarily blocked President Barack Obama's orders to shield millions of people who are in the United States illegally from deportation, backing 26 states that argued Obama had overstepped his legal authority. The White House said on Tuesday the Justice Department would appeal Monday's action by U.S.

  • WASHINGTON, Feb 17- A judge in Texas has temporarily blocked President Barack Obama's orders to shield millions of people who are in the United States illegally, backing 26 states that argued Obama had overstepped his legal authority. The White House said on Tuesday that the Department of Justice would appeal the action by U.S. District Judge Andrew Hanen in...

  • Feb 10- The U.S. Department of Justice is pushing some big banks to plead guilty to criminal charges that they manipulated the prices of foreign currencies, the New York Times reported, citing lawyers briefed on the matter. In the final stages of a long-running investigation into corruption in the world's largest financial market, federal prosecutors have...

  • Feb 10- The U.S. Department of Justice is pushing some big banks to plead guilty to criminal charges that they manipulated the prices of foreign currencies, the New York Times reported, citing lawyers briefed on the matter. In the final stages of a long-running investigation into corruption in the world's largest financial market, federal prosecutors have...

  • WASHINGTON, Feb 4- U.S. federal prosecutors have launched a new probe into whether Swiss bank UBS AG helped Americans evade taxes through investments banned in the United States, the Wall Street Journal reported, citing people familiar with the investigation. UBS, which paid $780 million in 2009 to settle a separate Justice Department tax-evasion probe, is now...

  • S&P's wrist slap  Tuesday, 3 Feb 2015 | 4:30 PM ET

    Standard & Poor's is paying a $1.37 billion settlement on charges it improperly rated mortgage-backed securities. Andrew Stoltmann, says this a "slap on the wrist." Ed Keon, Quantitative Management Associates; David Sowerby, Loomis Sayles & Company; and CNBC's Jon Fortt, discuss.

  • NEW YORK, Feb 3- A federal judge on Tuesday rejected Bank of America Corp's bid to throw out a jury verdict finding it liable for the sale of questionable loans to Fannie Mae and Freddie Mac before the financial crisis, which led to a $1.27 billion civil penalty. He also rejected Bank of America's alternative request for a new trial. The U.S. Department of Justice had...

  • Feb 2- The United States Department of Justice has decided not to prosecute News Corp or its sister company Twenty-First Century Fox after completing an investigation of scandals in Great Britain involving phone hacking and alleged bribery of public officials. The end of the probe, disclosed by News Corp in a regulatory filing on Monday, comes after the U.S....

  • WASHINGTON, Feb 2- Japan's Minebea Co Ltd has agreed to plead guilty to fixing the prices of ball bearings and to pay a $13.5 million criminal fine, the U.S. Justice Department said on Monday. Minebea's plea brings to 34 the number of companies which have been charged with fixing prices of auto parts in the United States. Other auto parts companies that have settled...

  • Why the outlook for big banks is pretty dismal Tuesday, 13 Jan 2015 | 1:19 PM ET
    A JPMorgan Chase flag at the company's headquarters in New York.

    As big U.S. banks approach earnings this week, they're taking a page from a familiar playbook: Under-promise and over-deliver.

  • S&P, Justice Dept. near settlement in ratings case Tuesday, 13 Jan 2015 | 9:40 AM ET
    U.S. Associate Attorney General Stuart Delery speaking last month.

    S&P is close to reaching a settlement with the U.S. Justice Department in its inflated ratings case, The New York Times reports.

  • NEW YORK, Jan 12- Two federal prosecutors who have led several high-profile fraud cases, including the government's criminal investigation of Bernard Madoff, are leaving the U.S. Justice Department to join prominent law firm Boies, Schiller& Flexner, according to an announcement Reuters reviewed before its public release. Matthew Schwartz and John Zach, who...

  • NEW YORK, Jan 12- Two federal prosecutors who have led several high-profile fraud cases, including the government's criminal investigation of Bernard Madoff, are leaving the U.S. Justice Department to join prominent law firm Boies, Schiller& Flexner, according to an announcement Reuters reviewed before its public release. Matthew Schwartz and John Zach, who...

  • WASHINGTON, Jan 6- A former executive of Japan's Toyoda Gosei Co Ltd has agreed to plead guilty to price fixing and rigging bids for auto parts made for cars sold in the United States, the Justice Department said on Tuesday. Toyoda Gosei is among 32 companies that have pleaded guilty to fixing the prices of dozens of car parts. Horie, a former Toyoda Gosei sales...

  • DOJ sues cardiologist for 'unnecessary procedures' Monday, 5 Jan 2015 | 6:47 PM ET
    U.S. Department of Justice, Washington, D.C.

    The Justice Department is joining two lawsuits against a Florida cardiologist, according to the Dow Jones News Service.