What is the DOJ planning to do with the money its getting from Bank of America's settlement? Tom Fitton, Judicial Watch President, says some of the money is going to liberal activist groups.» Read More
According to sources, Bank of America is nearing a settlement deal with the Department of Justice. Nothing is final yet, reports CNBC's Kate Kelly.
Bank of America and the Justice Department are closing in on a deal to settle mortgage probes that could reach as much as $17 billion.
According to sources, Bank of America is nearing a settlement deal with the Department of Justice, with CNBC's Kayla Tausche.
The writing has been on the wall since the beginning that this was not a feasible expectation, say Craig Moffett, MoffettNathanson founder & senior analyst, sharing his thoughts on Sprint's decision not to pursue T-Mobile.
CNBC's David Faber reports Allergan has filed a lawsuit against Valeant Pharmaceuticals and Pershing Square's Bill Ackman alleging a violation of federal securities laws.
The White House dismissed the legal defeat as "interesting to legal theorists," but House Speaker John Boehner said it's further proof that Obamacare "is completely unworkable."
WASHINGTON, July 22- The U.S. Justice Department on Tuesday said it has intervened in a whistleblower lawsuit against Symantec Corporation that alleges the company submitted false claims to a government agency it worked with under contract.
Digging into the FedEx indictment for drug trafficking, with Steven Harper, former Kirkland & Ellis partner, and Marc Lopresti, Lopresti Law Group.
FedEx has been indicted for allegedly shipping packages from illegal online pharmacies. CNBC's Scott Cohn reports FedEx is fighting back.
Former Federal Prosecutor Mitch Epner, and Christian Wetherbee, Citi, discuss the indictment of FedEx for "knowingly" shipping packages from illegal online pharmacies and the stock's response to the probe.
FedEx has been indicted in connection with a Justice Department investigation into prescription drug trafficking, reports CNBC's Scott Cohn. FedEx claims it is innocent of the charges, saying it's a transportation company, not law enforcement.
Department of Justice official on Wednesday issued a thinly veiled threat to Bank of America Corp, saying that banks under investigation for shoddy mortgage securities they sold before the financial crisis must admit to misconduct and pay substantial penalties or face lawsuits from the agency.
David Nelson, Belpointe Asset Management chief strategist, explains why he has a problem with the way the justice system is policing the finance world.
Digging into Citigroup's strong earnings, and what its $7 billion settlement with the DOJ means for the bank, with David Katz, Matrix Asset Advisors CIO. Katz explains why he is focused on lower risk financials.
CNBC's Kayla Tausche reports on Citigroup's $7 billion payout to the Justice Department.
CNBC's David Faber reports the highlights from Citigroup's Q2 earnings call with reporters. Citigroup CFO John Gerspach provided little detail on the settlement with the DOJ.
The "Squawk Box" crew reports the Justice Department has decided to settle with Citigroup over its shoddy mortgage-back securities dealings.
Street walkers are still around, but escorts have taken to the Web and seen a surge of interest and a perceived lower risk of arrest.
Talks to resolve probes into shoddy mortgage securities sold by the bank remain at a standstill, according to sources.
SunTrust will pay as much as $320 million to resolve a criminal probe into its mortgage unit's mismanagement of a federal program.