GO
Loading...

Lawsuits

More

  • 'Mini-Madoff' Sentenced to 14 Years Thursday, 21 Oct 2010 | 7:23 PM ET
    Arthur Nadel

    Disgraced fund manager Art Nadel was sentenced Thursday to 14 years in prison after pleading guilty to defrauding investors of over $160 million.

  • Remington Model 700 rifle

    The manufacturer of the world’s most popular hunting rifle has been wrestling for decades with questions about whether the gun is safe, and at least twice considered a nationwide recall of the gun, according corporate insiders and internal documents revealed in a ten-month CNBC investigation.

  • Why Guns Can Only Be Recalled by Manufacturer Tuesday, 19 Oct 2010 | 3:48 PM ET
    Remington Model 700 rifle

    Internal company documents show that at least twice, the Remington Arms Company considered a nationwide recall of its popular 700 series rifles, but decided against it despite thousands of complaints and dozens of lawsuits over inadvertent discharges.

  • Inside Remington Rifle's Controversial Trigger Tuesday, 19 Oct 2010 | 1:55 PM ET
    Remington Model 700 rifle

    At the heart of the decades-long controversy over the Remington 700 series is a piece of metal that is roughly the length of a paper clip.

  • Some Sand in the Gears of Securitizing Tuesday, 19 Oct 2010 | 10:58 AM ET

    Was the great securitization machine that made hundreds of billions of dollars in mortgage loans based on a legal foundation of sand? The NYT asks.

  • Norwegians Convicted for Outwitting 'Trading Robots' Thursday, 14 Oct 2010 | 5:29 AM ET

    The two men worked out how the computerized system would react to certain trading patterns – allowing them to influence the price of low-volume stocks. The FT reports.

  • Citigroup Accused of Gender Discrimination in Suit Thursday, 14 Oct 2010 | 5:25 AM ET
    Citigroup

    Citigroup was accused in a lawsuit Wednesday of using companywide layoffs during the recent financial turmoil to purge its work force of scores of female employees to save the jobs of less-qualified men.

  • Mario Batali, Partners Sued Over Tips at NY Eatery Wednesday, 13 Oct 2010 | 9:02 AM ET

    Just days after being awarded a coveted fourth star by The New York Times, the Mario Batali-helmed restaurant Del Posto is contending with a lawsuit filed by 27 workers who say they weren't paid a legal wage.

  • Ohio Attorney General Fights Against Wall Street Tuesday, 12 Oct 2010 | 10:30 AM ET

    Back East, at the corner of Broad and Wall Streets, the view is swell. The Dow is soaring, and bankers look pleased. But here on East Broad Street, in Ohio, the mood is gloomier. The NYT reports.

  • F.T.C. Accuses Tax Relief Company of Empty Promises Thursday, 7 Oct 2010 | 7:30 AM ET

    In recent years, some 20,000 people have turned to American Tax Relief after seeing the company’s advertisements on television where actors portraying clients say the company reduced their back taxes , reports the New York Times.

  • Sex, Lawsuits, and Rock n' Roll Wednesday, 6 Oct 2010 | 2:09 PM ET
    Dave Grohl

    In what may be the most hilarious spoof of America's obsession with victimization and litigation, Foo Fighters front man Dave Grohl is "suing" glam rock band Scissor Sisters for $75 million.

  • Google Android

    Microsoft is suing Motorola for infringing on its smart-phone patents.

  • Sign This Prenup—That’s What She Said! Thursday, 23 Sep 2010 | 2:02 PM ET

    Men have finally wised up to the need for a prenuptial agreement, but after the recession, women are increasingly learning the joys of being protected — you know, just in case.

  • Licensing Deal for Hot New Apple Comes Under Fire Friday, 17 Sep 2010 | 10:24 AM ET
    Sweetango apples

    A new breed of apple has been a hit with consumers lucky enough to find it. Cindy and Frank Femling, however, are among the growers who fear it could put them out of business.

  • The War Between an Analyst and a Bank Sunday, 12 Sep 2010 | 11:59 AM ET

    Richard X. Bove is a bank analyst who likes to take what he calls “extreme positions.” He occasionally moves the stock market, which has earned him a certain amount of prestige and notoriety — but has also gotten him fired several times.  The New York Times reports

  • US Widens Probe of HP Bribery Allegations Friday, 10 Sep 2010 | 8:16 AM ET
    Hewlett-Packard's headquarters in Palo Alto, California.

    U.S. investigators are widening their probe of alleged kickbacks paid to Russian authorities by employees of a Hewlett-Packard subsidiary in Germany.

  • Wall Street sign

    A top federal prosecutor in New York will on Thursday declare another front in the war on Wall Street fraud, focusing new resources on civil litigation to complement existing criminal actions.

  • Goldman Now Faces Large Fine in UK Wednesday, 8 Sep 2010 | 4:30 PM ET

    abstract goes here

  • Simulator Training Flaws Tied to Airline Crashes Tuesday, 31 Aug 2010 | 12:26 PM ET

    Flaws in flight simulator training helped trigger some of the worst airline accidents in the past decade, according to a USA TODAY analysis of federal accident records.

  • Roger Clemens Pleads Not Guilty to Charges Monday, 30 Aug 2010 | 2:20 PM ET
    Baseball pitching star Roger Clemens arrives at the U.S. District Court, on August 30, 2010 in Washington, DC.

    Seven-time Cy Young award winner Roger Clemens arrived at the courthouse nearly four hours early for a hearing to face charges of lying to Congress about whether he used steroids or human growth hormone.