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  • Citi Talks With Regulators May Lead to Buybacks: WSJ Wednesday, 6 Aug 2008 | 8:34 AM ET
    Citibank

    Citigroup is in talks with state and federal regulators to resolve allegations of wrongdoing in the auction-rate-securities market that could result in its buying back several billion dollars of the illiquid securities, Wall Street Journal said.

  • Judge: No Dice on MGA Mistrial Motion Monday, 4 Aug 2008 | 6:45 PM ET

    According to MGA Entertainment, a judge has denied a motion for mistrial in the case Mattel brought against the company.

  • Bratz Vs. Barbie-- Girl Fight Monday, 4 Aug 2008 | 1:51 PM ET

    Los Angeles is in the middle of a billion dollar girl fight. Actually a $3.1 billion girl fight if Mattel's figures are correct. Later today a judge is expected to rule on whether to declare a mistrial in the case Mattel brought against MGA Entertainment over its mega-hit Bratz dolls.

  • US Fraud Lawsuit Against UBS Dismissed Wednesday, 30 Jul 2008 | 4:17 AM ET

    A lawsuit against UBS alleging that the Swiss bank engaged in fraud related to holdings of a fund in loss-making company Endwave was dismissed by a New York Supreme Court judge, court documents showed.

  • GOP Senator Stevens Indicted on Seven Counts Tuesday, 29 Jul 2008 | 1:51 PM ET

    Senator Ted Stevens, the longest-serving Republican senator and a figure in Alaska politics since before statehood, has been indicted on seven counts of falsely reporting hundreds of thousands of dollars in services he received from a company that helped renovate his home.

  • Oracle Expands Espionage Charges Against SAP Monday, 28 Jul 2008 | 4:38 PM ET
    Oracle's headquarters in California.

    Oracle amended its lawsuit against SAP on Monday, saying SAP executive board members were warned that its TomorrowNow unit was engaged in corporate theft before SAP bought TomorrowNow.

  • UBS Target of Fraud Suit from NY Attorney General Thursday, 24 Jul 2008 | 1:01 PM ET

    New York Attorney General Andrew Cuomo filed a civil lawsuit on Thursday against UBS, accusing the Swiss bank of steering customers into auction-rate securities that this year became impossible to cash out of amid the credit crunch.

  • San Diego Sues Bank of America to Block Foreclosures Thursday, 24 Jul 2008 | 3:57 AM ET

    San Diego City Attorney Michael Aguirre said Wednesday he filed a lawsuit against Bank of America Corp and its Countrywide unit to prevent the mortgage lenders from foreclosing on homes in his city, which he aims to make a "foreclosure sanctuary."

  • Rapper 50 Cent Sues Taco Bell Over Ad Campaign Thursday, 24 Jul 2008 | 3:09 AM ET

    U.S. rapper and hip-hop mogul 50 Cent sued Taco Bell on Wednesday, saying the restaurant chain made him the star of its hip-hop themed ad campaign without his permission and without paying him a fee.

  • NY Attorney General Could File Suit Against UBS: WSJ Wednesday, 23 Jul 2008 | 6:16 AM ET

    New York attorney general Andrew Cuomo is preparing to file civil securities-fraud charges against UBS, possibly as early as this week, the Wall Street Journal said on Wednesday.

  • In a press release, BankAtlantic's Chairman, Alan B. Levan refers, in part, to yours truly, in saying, "In the wake of the highly publicized failure of IndyMac, breathless television reporters filled the airwaves with the repeated question on the minds of an anxious public...

  • Bank Analyst Bove Sued Over 'Who Is Next' Report Monday, 21 Jul 2008 | 3:06 PM ET

    Richard Bove, a prominent U.S. banking analyst, was sued Monday by BankAtlantic Bancorp, which accused him of defamation and negligence over a recently published research report, the bank said.

  • Defrauded Fund Investors Sue Goldman Friday, 18 Jul 2008 | 11:40 AM ET
    Goldman Sachs

    Samuel Israel III bilked his investors out of $250 million, but they are hoping to recoup some of their money from one of Wall Street’s deepest pockets: Goldman Sachs.

  • Barbie and Bratz Are Sisters, Court Rules Friday, 18 Jul 2008 | 5:36 AM ET

    A jury decided Thursday that Barbie and the Bratz dolls are relatives, handing a major victory to Mattel in its copyright infringement lawsuit against rival MGA Entertainment.

  • Countrywide Settles Lending Suit in Pennsylvania Wednesday, 16 Jul 2008 | 4:04 AM ET

    Countrywide Home Loans has agreed to pay $325,000 to the Chapter 13 bankruptcy trustee in Pittsburgh, settling a matter that accused the lender of abusive practices in almost 300 mortgage loans overseen by the court.

  • Google Reaches Privacy Deal in YouTube Lawsuit Tuesday, 15 Jul 2008 | 3:16 AM ET

    Defendants and plaintiffs in two related copyright infringement lawsuits against YouTube have reached a deal to protect the privacy of millions of YouTube watchers during evidence discovery, a spokesman for Google said on Monday.

  • EBay Scores Win Over Tiffany in Trademark Case Monday, 14 Jul 2008 | 12:49 PM ET

    EBay scored a major court victory Monday when a federal judge ruled that Tiffany had failed to prove the online auctioneer was responsible for the sale of fake Tiffany jewelry on its site.

  • SEC Says Expanding Rumor Crackdown Monday, 14 Jul 2008 | 8:37 AM ET

    U.S. securities regulators are boosting efforts to stop the spread of false rumors that threaten financial institutions, after a week that saw steep slides in the shares of Fannie Mae, Freddie Mac and Lehman Brothers.

  • Workplace BlackBerry Use May Spur Lawsuits Wednesday, 9 Jul 2008 | 11:10 AM ET
    A Blackberry devise is used

    As employers hand out electronic devices to their employees at a greater pace, there are growing concerns that workers eligible for overtime pay, known as non-exempt employees, could begin suing their employers for overtime hours earned while tapping on their devices during after-work hours.

  • Anheuser-Busch Sues InBev Over Takeover Attempt Tuesday, 8 Jul 2008 | 5:46 PM ET
    Anheuser Busch

    Anheuser-Busch sued InBev in an effort to stop its Belgian-Brazilian suitor from taking any more steps to replace the U.S. brewer's board of directors, which had rejected a $46.3 billion takeover offer from InBev.