Justice Department


  • Bank of America nears DOJ deal: Sources     Wednesday, 6 Aug 2014 | 5:14 PM ET

    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.

  • BofA, DOJ near $17B mortgage-probe settlement Wednesday, 6 Aug 2014 | 5:10 PM ET
    A Bank of American branch office in Oakland, Calif.

    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.

  • Bank of America nears settlement: Sources     Wednesday, 6 Aug 2014 | 4:01 PM ET

    According to sources, Bank of America is nearing a settlement deal with the Department of Justice, with CNBC's Kayla Tausche.

  • Sprint drops bid for T-Mobile     Wednesday, 6 Aug 2014 | 8:05 AM ET

    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.

  • Allergan sues Valeant & Pershing Square     Friday, 1 Aug 2014 | 11:35 AM ET

    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.

  • White House: Confident in ACA subsidies' legality Tuesday, 22 Jul 2014 | 12:18 PM ET
    President Barack Obama during a meeting in the Oval Office on March 3, 2014.

    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.

  • US indicts FedEx in drug probe     Friday, 18 Jul 2014 | 4:37 PM ET

    Digging into the FedEx indictment for drug trafficking, with Steven Harper, former Kirkland & Ellis partner, and Marc Lopresti, Lopresti Law Group.

  • FedEx responds to indictment     Friday, 18 Jul 2014 | 4:35 PM ET

    FedEx has been indicted for allegedly shipping packages from illegal online pharmacies. CNBC's Scott Cohn reports FedEx is fighting back.

  • FedEx indicted in drug probe     Friday, 18 Jul 2014 | 2:15 PM ET

    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 indicted by Feds: Report     Friday, 18 Jul 2014 | 10:43 AM ET

    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.

  • Policing Wall Street     Wednesday, 16 Jul 2014 | 2:50 PM ET

    David Nelson, Belpointe Asset Management chief strategist, explains why he has a problem with the way the justice system is policing the finance world.

  • Pro: Still like JPMorgan over Citi     Monday, 14 Jul 2014 | 10:05 AM ET

    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.

  • Close look at Citi's settlement     Monday, 14 Jul 2014 | 10:03 AM ET

    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.

  • DOJ announces $7B Citi settlement     Monday, 14 Jul 2014 | 7:01 AM ET

    The "Squawk Box" crew reports the Justice Department has decided to settle with Citigroup over its shoddy mortgage-back securities dealings.

  • Tech savvy prostitutes trade pimps for Web pages Friday, 11 Jul 2014 | 12:11 PM ET

    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.

  • DoJ, BofA mortgage talks stall: Sources Wednesday, 9 Jul 2014 | 5:50 PM ET
    U.S. Attorney General Eric Holder listens during a news conference to announce indictments against Chinese military hackers on cyber-espionage.

    Talks to resolve probes into shoddy mortgage securities sold by the bank remain at a standstill, according to sources.

  • SunTrust in $320M settlement of US mortgage probe Thursday, 3 Jul 2014 | 4:07 PM ET

    SunTrust will pay as much as $320 million to resolve a criminal probe into its mortgage unit's mismanagement of a federal program.