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  • Pfizer to Leave City That Won Major Land-Use Case Friday, 13 Nov 2009 | 12:11 PM ET
    A man walks past a sign for a Pfizer facility in the Fort Trumbull area of New London, Connecticut.

    Pfizer said it would pull 1,400 jobs out of New London within two years and move most of them a few miles away to a campus it owns in Groton, Conn., as a cost-cutting measure. It would leave behind the city’s biggest office complex and an adjacent swath of barren land that was cleared of dozens of homes to make room for a hotel, stores and condominiums that were never built.

  • Key 9/11 Suspect to Be Tried in New York Friday, 13 Nov 2009 | 8:33 AM ET
    Gavel

    Khalid Shaikh Mohammed, the self-described mastermind of the Sept. 11 attacks, and four other men accused in the plot will be prosecuted in federal court in New York City, a federal law enforcement official said early on Friday.

  • Trustee Seeks Billions for Madoff Investors Tuesday, 10 Nov 2009 | 12:22 PM ET
    Bernie Madoff

    Jeffry M. Picower, a longtime investor in Bernard L. Madoff’s fraud scheme who died in his Palm Beach swimming pool last month, left an estate with assets far in excess of $1 billion — and that could be a spot of good news for Mr. Madoff’s victims.

  • JPMorgan Settles SEC Charges in Muni-Bond Case Wednesday, 4 Nov 2009 | 1:44 PM ET
    JP Morgan Chase

    JPMorgan Chase has agreed to a settlement worth more than $700 million over federal regulators' charges that it made unlawful payments to friends of public officials to win municipal bond business in Jefferson County, Ala.

  • Intel Faces Antitrust Suit From New York Wednesday, 4 Nov 2009 | 11:40 AM ET
    Exterior view of Intel headquarters in Santa Clara, California.

    New York's attorney general has filed an antitrust lawsuit against Intel, claiming the company used "illegal threats and collusion" to dominate the marketplace for computer microprocessors.

  • States Are Pondering Fraud Suits Against Banks Tuesday, 3 Nov 2009 | 12:16 PM ET

    Newly empowered by the Supreme Court, the attorneys general of several states hit hard by the housing collapse are exploring consumer fraud suits against major mortgage lenders.

  • Disgraced financier Bernard Madoff's longtime auditor has entered a guilty plea in a federal court in Manhattan.

  • Amgen Sued Over Alleged Sales Kickback Schemes Friday, 30 Oct 2009 | 2:31 PM ET
    Amgen

    New York Attorney General Andrew Cuomo and 14 other states are filing a lawsuit against Amgen, alleging that the biotech company was offering kickbacks to medical providers to increase the sale of its anemia drug Aranesp.

  • Stanford Investors Could Get 20 Cents on the Dollar Wednesday, 28 Oct 2009 | 9:11 PM ET
    Allen Stanford

    The court-appointed receiver who is trying to unwind the alleged Allen Stanford Ponzi scheme says he has identified $1.5 billion in assets that could be returned to victims.

  • Stanford Investors Face Dwindling Hope for Recovery Sunday, 25 Oct 2009 | 9:42 AM ET
    Allen Stanford

    Eight months after he seized control of what was left of their life's savings, a court-appointed attorney in Dallas has finally met with investors in the alleged Stanford Ponzi scheme, CNBC has learned.

  • Craigslist Wins Fight Over Sex Ads Thursday, 22 Oct 2009 | 12:49 PM ET

    A federal judge tossed out a lawsuit this week that was seeking to have Craigslist pull its “erotic services” ads.

  • Financial Woes Plagued Galleon Informant Thursday, 22 Oct 2009 | 10:25 AM ET

    Roomy Khan, the central witness who brought down the Galleon hedge fund, is a former Galleon employee with a history of financial trouble who agreed to cooperate with prosecutors after she was caught making trades using inside information, the New York Times reports.

  • In Fraud Case, a Deal That Lost Millions Wednesday, 21 Oct 2009 | 12:16 PM ET
    Raj Rajaratnam

    If Mr. Raj Rajaratnam was trading on insider information, as authorities claim, apparently he was not very good at it, the New York Times reports.

  • Caruso-Cabrera: State Street, Jerry Brown and Politics Wednesday, 21 Oct 2009 | 9:41 AM ET

    On closer inspection this looks more like a naked attempt at boosting a Brown run for Governor than it is about protecting fire fighters' retirement funds.

  • Galleon Preparing to Unwind its Hedge Fund Holdings Wednesday, 21 Oct 2009 | 9:41 AM ET
    Raj Rajaratnam

    Galleon Group is winding down its hedge fund holdings, the company's embattled CEO Raj Rajaratnam said in a statement.

  • TLC Network Says It Is Suing Jon Gosselin Friday, 16 Oct 2009 | 10:25 AM ET
    Jon & Kate Gosselin

    The TLC network says it's suing Jon Gosselin  for breaching his contract as star of the reality show "Jon & Kate Plus 8."

  • Allen Stanford Appears in Rough Shape at Court Hearing Wednesday, 14 Oct 2009 | 6:24 PM ET
    Allen Stanford

    Federal prosecutors say they can be ready to try accused fraudster Allen Stanford a year from now, but the Judge in the case has agreed to hold off on setting a trial date for at least 60 days, after defense attorneys said they needed more time to review the millions of documents in the case.

  • Madoff Investors Sue SEC for Negligence Wednesday, 14 Oct 2009 | 1:28 PM ET

    Two former investors are suing the Securities and Exchange Commission for $2.4 billion in damages, claiming the agency acted with negligence while examining Bernard Madoff's investment business.

  • When Law Obscures the Facts Friday, 9 Oct 2009 | 11:39 AM ET

    The collapse of the auction-rate securities market is a largely forgotten part of the financial crisis, a disaster that was soon overwhelmed by bigger ones — except for the investors who were caught up in it.

  • Son of NYC Socialite Astor Could Get 25 Years Friday, 9 Oct 2009 | 9:27 AM ET

    Philanthropist Brooke Astor's 85-year-old son had it all but wanted more, and now he might have to face his remaining years in a stark prison cell after being convicted of looting his ailing mother's nearly $200 million estate.