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  • Billionaire Donald Bren Breaks Privacy in Lawsuit Thursday, 19 Aug 2010 | 8:04 AM ET
    Gavel

    Billionaire Donald Bren, who has spent a lifetime protecting his privacy, is breaking the pattern by showing up in a Los Angeles courtroom to air details of his private life in a legal battle with his two grown children from a long-ago love affair who are seeking millions.

  • Dutch City Wants Pot Sold Only to Dutch Citizens Wednesday, 18 Aug 2010 | 7:53 AM ET

    Struggling to reduce traffic jams and a high crime rate, Maastricht is pushing to make its legalized use of recreational drugs a Dutch-only policy, banning sales to foreigners who cross the border to indulge.

  • Morgan Stanley Defends Itself Against Nuns' Lawsuit Friday, 13 Aug 2010 | 12:39 PM ET

    In a statement, Morgan Stanley noted that it sold the product to Bloxham, the Irish brokerage firm that represented the nuns and others. “Questions about the suitability of these notes for Bloxham’s clients is a matter for Bloxham,” Morgan stated. “We believe this entire claim is misplaced.”

  • US Probes Corruption in Big Pharmaceuticals Friday, 13 Aug 2010 | 7:27 AM ET
    gavel and money

    The US Department of Justice is scrutinizing payments by leading pharmaceuticals companies in markets around the world. The FT reports.

  • Dell Accused of Concealing Evidence in PC Suit Friday, 13 Aug 2010 | 5:20 AM ET
    Dell

    Dell has been accused of withholding evidence, including e-mails among its top executives, in a lawsuit over faulty computers it sold to businesses, according to a filing made Thursday. The NYT reports.

  • Irish Nuns Sue Morgan Stanley over Bond Deal Thursday, 12 Aug 2010 | 7:56 AM ET

    A group of nuns from Ireland are suing Morgan Stanley, alleging improper actions by the investment bank that led them to lose at least 5 million euros ($6.4 million), about 80 percent of their total investment, a filing by Stuarts Law showed.

  • Oil Spill Suits Will Be Heard in New Orleans Tuesday, 10 Aug 2010 | 3:14 PM ET
    Gavel

    A federal judicial panel has agreed to consolidate the 77 lawsuits over the BP oil spill in New Orleans, despite objections from some of the defendants who wanted the cases heard on more neutral territory.

  • GAO Finds For-Profit Schools Encouraged Fraud Wednesday, 4 Aug 2010 | 3:03 PM ET

    An investigation by the Government Accountability Office (GAO) contends that for-profit colleges encouraged fraud and engaged in deceptive and questionable marketing practices.

  • Citigroup Said to Pay $75 Million in Subprime Case Thursday, 29 Jul 2010 | 1:07 PM ET
    Citigroup Center

    Citigroup has agreed to pay $75 million to settle federal claims that it failed to disclose vast holdings of subprime mortgage investments that crippled the bank during the financial crisis, according to two people briefed on the settlement. The New York Times reports.

  • Former Enron CEO Skilling Seeks Release From Prison Wednesday, 28 Jul 2010 | 6:51 PM ET
    Jeffrey Skilling

    Former Enron CEO Jeffrey Skilling’who is three-and-a-half years into a 24-year prison sentence—wants out of jail while a federal appeals court reconsiders his case.

  • Gulf Spill Is Vanishing on the Surface, But Concerns Stay Wednesday, 28 Jul 2010 | 2:25 AM ET
    A dead fish coated in heavy oil floats near shore June 4, 2010 near East Grand Terre Island, Louisiana.

    The oil is clearing much faster than expected, but concern remains over the unseen effects. The NYT reports.

  • BP Moving Toward Aggressive Stance on Liabilities Tuesday, 27 Jul 2010 | 5:24 PM ET
    An oil-stained Sandwich Tern sits on oil absorbent boom in Long Bay on June 19, 2010 west of Port Sulpher, Louisiana. The bird was reported and delivered to the Louisiana Department of Wildlife and Fisheries for rehabilitation.

    As BP transitions to a new CEO, the company is also subtly transitioning to a new, more aggressive strategy when it comes to its liabilities for the Gulf oil spill.

  • Gavel

    A federal appeals panel in New Orleans has refused to order the judge who is presiding over many of the Deepwater Horizon liability cases to recuse himself, even though the judge previously owned bonds issued by two of the companies involved.

  • Gronbach: New Immigration Law and 'The Gangs of Arizona' Thursday, 22 Jul 2010 | 11:00 AM ET

    In nationwide surveys that were conducted in 2008 and 2009, the Pew Center found that 23 percent of Americans said that Hispanics were discriminated against “a lot” in society today.

  • SEC Pursuing More Cases Tied to Financial Crisis Wednesday, 21 Jul 2010 | 10:42 AM ET
    Mary L. Shapiro

    Days after the Securities and Exchange Commission secured a $550 million settlement from Goldman Sachs, the agency’s chairwoman said on Tuesday that the commission was pursuing several other investigations related to the 2008 financial crisis. The NYT reports.

  • Kenneth R. Feinberg

    The administrator of a $20 billion Gulf oil spill compensation fund says fishermen and others with lost income claims would be "crazy" to bypass the fund and take their chances in court.

  • With Settlement, Blankfein Keeps His Grip Friday, 16 Jul 2010 | 10:40 AM ET
    Goldman Sachs CEO Lloyd Blankfein testifies before a Senate investigative committee on Capitol Hill in Washington, DC, April 27, 2010.

    Only weeks ago, as Goldman’s negotiations with federal authorities dragged on and the bad publicity mounted, some speculated that Mr. Blankfein might lose his grip on Goldman.  The NYT reports.

  • Forest River President and CEO Peter Liegl.

    A former executive of Berkshire Hathaway subsidiary Forest River, who claims he "lost his job and had his reputation destroyed" because he followed Berkshire's Code of Business Conduct and Ethics, wants Warren Buffett to be questioned under oath in the case.

  • SEC Settles With a Former Lawyer Wednesday, 30 Jun 2010 | 12:00 PM ET
    gavel and money

    The Securities and Exchange Commission has agreed to pay $755,000 to settle a wrongful termination suit filed by a former staff lawyer at the agency who was abruptly fired in 2005 during an investigation into possible insider trading by Pequot Capital Management, a giant hedge fund, and its co-founder, Arthur J. Samberg.

  • Abramoff, From Prison to a Pizzeria Job Thursday, 24 Jun 2010 | 11:29 AM ET
    Jack Abramoff leaves the federal courthouse in Miami after sentencing in the SunCruz Casinos fraud case, Florida.

    Like any new employee, Jack Abramoff is trying to keep a low profile — or as low a profile as a cause célèbre disgraced lobbyist and convicted felon can keep when news cameramen keep staking out his new workplace. The NYT reports.