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  • EU Set to Fine Samsung Elec, Hynix, Infineon: Report Monday, 17 May 2010 | 11:17 PM ET

    Nine memory chip makers, including Samsung Electronics, Infineon and Hynix Semiconductor, are set to be fined by EU regulators this week on charges of illegally fixing prices.

  • With Banks Under Fire, Some Expect a Settlement Friday, 14 May 2010 | 10:07 AM ET
    Outside the New York Stock Exchange in lower Manhattan.

    News on Thursday that New York State prosecutors are examining whether eight banks hoodwinked credit ratings agencies opened yet another front in what is fast becoming the legal battle of a decade for the big names of finance. The New York Times explains.

  • After SEC Suit Warning, Traders Flee Moody’s Shares Tuesday, 11 May 2010 | 10:23 AM ET
    Gavel

    Shares of Moody’s fell sharply on Monday after it disclosed that the Securities and Exchange Commission had warned that it might sue the firm for making “false and misleading” statements as part of its application as a ratings organization.

  • That Nagging Question of Mutual Fund Fees Monday, 10 May 2010 | 12:01 PM ET
    1978 portrait of American economist Paul Anthony Samuelson, winner of the Nobel prize for Economics in 1970.

    Mutual fund management companies receive handsome fees from people who often have no idea whether they are getting a good deal. For the most part, they're not, says the NYT.

  • Goldman Plans to Overhaul Practices Monday, 3 May 2010 | 12:19 PM ET

    Goldman Sachs is planning to change some of its practices in dealing with institutional clients, a step that could help it settle charges filed last month by US securities regulators.

  • Voiding Derivative Pacts Would Be 'Disaster': Sokol Friday, 30 Apr 2010 | 11:36 AM ET

    David Sokol, a key Warren Buffet lieutenant, told CNBC that it would be a “disaster” if Congress enacted retroactive legislation that voided contracts dealing with derivatives.

  • Protesters Enter NYC Bank Buildings Before Rally Thursday, 29 Apr 2010 | 4:55 PM ET
    Wall Street Protests

    Noisy protesters with signs took over two bank building lobbies on Thursday in a prelude to a Wall Street rally by workers and union leaders angry over lost jobs, the taxpayer-funded bailout of financial institutions and questionable lending practices by big banks.

  • Activision’s Legal Problems Are Getting Uglier Wednesday, 28 Apr 2010 | 12:00 PM ET
    Modern Warfare 2

    The fight that kicked off when Activision fired the two heads of the studio behind last year’s best selling video game is getting uglier—on multiple fronts.

  • Goldman a $200 Stock, 'You Should Own It': Bove Wednesday, 28 Apr 2010 | 7:15 AM ET

    The bank's problems are over after Tuesday's marathon Senate hearings and the stock is likely to rise, Rochdale Securities banking analyst Richard Bove told CNBC Wednesday.

  • High Court Says Lawsuits Over Merck Drug Can Proceed Tuesday, 27 Apr 2010 | 10:49 AM ET

    The Supreme Court said Tuesday that investors who lost millions when Merck pulled its blockbuster pain drug Vioxx off the market can go ahead with a lawsuit against the pharmaceutical giant.

  • Main Investor in Goldman Deal May Have Caused Losses Thursday, 22 Apr 2010 | 11:04 AM ET
    Goldman Sachs

    ACA, the main investor in a failed mortgage-securities deal that prompted fraud charges against Goldman Sachs, appears to have caused some of the $1 billion loss itself, CNBC has learned.

  • Major Issue in Goldman Case: Was There Really Any Fraud? Wednesday, 21 Apr 2010 | 11:47 AM ET
    gavel and money

    The government's case against Goldman Sachs revolves in part around whether the investor that selected the toxic securities at the center of the case also could be the primary victim.

  • US Politicians 'Looking For Scapegoats': Roach Wednesday, 21 Apr 2010 | 5:59 AM ET

    Hedge fund firm Paulson & Co. said its role in the collateralized debt obligations sold by Goldman Sachs was "appropriate and conducted in good faith," according to a company letter sent to investors and obtained by CNBC.

  • Paulson: Our Role in Goldman CDOs Was 'Appropriate' Wednesday, 21 Apr 2010 | 3:11 AM ET

    Hedge fund firm Paulson & Co. said its role in the collateralized debt obligations sold by Goldman Sachs was "appropriate and conducted in good faith," according to a company letter sent to investors and obtained by CNBC.

  • SEC and Allen Stanford: See Inspector General's Report Tuesday, 20 Apr 2010 | 1:22 PM ET

    The Securities and Exchange Commission knew that Allen Stanford was involved in a Ponzi scheme as far back as 1997, according to a report released Friday by SEC Inspector General David Kotz.

  • U.S. Attorney announces charges against former Societe Generale trader Samarth Agrawal for stealing company information.

  • Bove: Goldman Case Weak, but Risky for System Monday, 19 Apr 2010 | 7:56 AM ET

    Veteran financial analyst Dick Bove, with Rochdale Securities, sent out a research report Monday morning calling the SEC’s case against Goldman Sachs weak, but says the events of Friday could be setting the stage for another financial system collapse.

  • Top 10 Class-Action Lawsuits Friday, 16 Apr 2010 | 4:02 PM ET
    Status: Settled 2005Amount: $2.5 billionInvestors in AOL Time Warner stock sued the company for fraud under federal securities law.  The company was alleged to have improperly accounted for dozens of advertising transactions between 1998 and 2002. The alleged transactions created the appearance that they were generating revenue when, in reality, were just shifting money back and forth. The alleged false earnings statements inflated the company’s value by $1.7 billion.

    Here, we present the top 10 class-action lawsuits in the United States either won, settled or pending, and in terms of damages sought as compiled by LawInfo.com.

  • Former Auto Czar Investigated in Pension Probe Thursday, 15 Apr 2010 | 3:34 PM ET

    New York Attorney General Andrew Cuomo confirmed his office is investigating former Obama administration auto industry advisor Steven Rattner, in a growing probe into illegal kickbacks involving the state pension fund.

  • Alan Dershowitz Joins Allen Stanford Defense Team Thursday, 8 Apr 2010 | 5:53 PM ET
    Allen Stanford

    Indicted banker Allen Stanford, who this week switched criminal defense attorneys for the third time, has added a top legal scholar to his defense team.