GO
Loading...

Enter multiple symbols separated by commas

Lawsuits

More

  • Did The Winklevoss's Win Against Facebook? Tuesday, 12 Apr 2011 | 11:50 AM ET
    Cameron and Tyler Winklevoss

    Tyler and Cameron Winklevoss, the towering Olympic rowers and identical twins who you remember from The Social Network movie as the guys who gave Mark Zuckerberg the idea for Facebook, had their case against Zuckerberg thrown out of court yesterday.

  • Facebook founder and CEO Mark Zuckerberg

    Remember Paul Ceglia? He's the fellow in upstate New York who sued Mark Zuckerberg last July, claiming that, way back in 2003, Zuckerberg had agreed to give him a 50% ownership in the project that became Facebook.

  • Community Health Rebuffs Tenet Suit, Fraud Claims Monday, 11 Apr 2011 | 2:13 PM ET
    stethoscope_money_200.jpg

    Hospital operator Community Health Systems fired back against fraud allegations from rival Tenet Healthcare Tuesday, to claim a lawsuit levied by Tenet is "completely without merit."

  • Rajaratnam Defense: Tips Were Already Public Friday, 8 Apr 2011 | 4:46 PM ET
    Raj Rajaratnam

    How will Raj Rajaratnam's defense team counter all those undercover recordings of the hedge fund mogul receiving inside stock tips? By showing that the tipsters weren't telling him anything he didn't already know.

  • NFL Lockout Ruling to Take 'Couple of Weeks': Judge Wednesday, 6 Apr 2011 | 5:00 PM ET
    Football

    The federal judge overseeing the NFL players' request to lift a lockout by the owners says it will take "a couple of weeks" to rule.

  • More Insider Trading Charges   Wednesday, 6 Apr 2011 | 1:13 PM ET
    More Insider Trading Charges

    CNBC's Scott Cohn has the story on an alleged insider trading scheme run by two men that goes back more than 15 years and involved some of the biggest deals in tech.

  • Raj Rajaratnam

    Fund manager Raj Rajaratnam made $1 million in two minutes of frantic calls after receiving an inside tip about a big investment in Goldman Sachs at the height of the financial crisis, prosecutors said this week at the Galleon founder's insider trading trial.

  • Foreign Firms May Be Exempt From UK Anti-Graft Law Wednesday, 30 Mar 2011 | 1:57 AM ET
    handcuffs_suit5.jpg

    Dozens of foreign companies with London listings may be exempt from new anti-corruption laws, Ken Clarke has confirmed, a disclosure that will anger inves­tors keen to preserve the integrity of London’s markets, the Financial Times reports.

  • Wal-Mart's Billion Dollar Risk: A Sociologist Monday, 28 Mar 2011 | 3:26 AM ET
    walmart_store_2010b_200.jpg

    When the Supreme Court considers on Tuesday whether hundreds of thousands of women can band together in an employment discrimination suit against Wal-Mart, the argument may hinge on the validity of the hotly disputed conclusions of a Chicago sociologist, the New York Times reports.

  • Kodak Shares Surge; Patent Defeat to Be Reviewed Friday, 25 Mar 2011 | 5:55 PM ET
    kodak_logo.jpg

    Shares of Eastman Kodak surged 20 percent in late trading on Friday after the International Trade Commission said that it would review the camera maker's loss in a patent battle with Research in Motion and Apple.

  • Raj Rajaratnam

    Secretly-recorded audio played by prosecutors reveals a phone conversation between hedge fund executive Raj Rajaratnam and his brother Rengan in which Rengan was concerned that the media had picked up on the deal.

  • Chief of American Apparel Faces 2nd Harassment Suit Thursday, 24 Mar 2011 | 10:39 AM ET
    Dov Charney founder and CEO of American Apparel

    A former American Apparel sales associate filed a lawsuit on Wednesday alleging she was sexually harassed by Dov Charney, the company’s unconventional chief executive and founder best known for promoting his American-made T-shirts and leggings in provocative ads that feature young women, the New York Times reports.

  • Goldman Sachs CEO Lloyd Blankfein

    Federal prosecutors say they do plan to call Goldman Sachs Chairman Lloyd Blankfein as a witness in the insider trading trial of Raj Rajaratnam, according to a letter sent to the judge in the case.

  • Did Raj Rajaratnam Cross the Line to Get an Edge? Thursday, 17 Mar 2011 | 4:23 PM ET
    Raj Rajaratnam

    After one week of testimony in the insider trading trial of Galleon Group co-founder Raj Rajaratnam, one thing is clearer than ever: In the brutally competitive world of hedge funds, information is everything. A jury will ultimately decide whether the information Rajaratnam got—and made millions trading with—was illegal inside information. But there is no disputing that he went to great lengths to get it.

  • Goldman Mulled Buying Wachovia, AIG: Audio Tape Tuesday, 15 Mar 2011 | 9:38 PM ET
    Rajat Gupta

    A taped conversation played for jurors in the criminal insider trading trial of hedge fund manager Raj Rajaratnam Tuesday indicated the Goldman Sachs board had a "divided" discussion in the summer of 2008 about trying to buy a commercial bank such as Wachovia.

  • Raj Rajaratnam co-founder of the Galleon Group hedge fund.

    At least as noteworthy as what attorneys did say in two-and-a-half hours of opening statements in the Raj Rajaratnam insider trading trial is what they did not say.

  • TARP Police! Step Away From the Bailout Money! Wednesday, 9 Mar 2011 | 12:33 PM ET
    TARP_cop_raid_200.jpg

    The inspector general for TARP has 45 investigators across the country empowered to carry guns and badges, and 27 vehicles with sirens and lights. Known as SIGTARP agents, they are empowered to make arrests, and they’ve done just that 23 times, a spokesman said.

  • No Agreement on Penalties for Mortgage Mess Thursday, 3 Mar 2011 | 5:46 AM ET
    mortgage_loan_statement_200.jpg

    Even as state attorneys general and regulators approach the end of their investigation into abuses by mortgage companies, deep disputes are emerging over how much to punish the banks, the New York Times reports.

  • Rajat Gupta's Weird and Weak 'No Profits' Defense Wednesday, 2 Mar 2011 | 4:01 PM ET
    Rajat Gupta

    Rajat Gupta vigorously denies the insider trading charges the SEC lodged against him, calling them “totally baseless.”

  • Rajat Gupta

    The Securities and Exchange Commission's charges against ex-Goldman Sachs board member Rajat Gupta on insider trading is yet another blow to investor confidence, Matthew Halbower, CEO and chief investment officer of hedge fund Pentwater Capital Management, told CNBC Tuesday.