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  • Court Reverses Exxon Freeze on Venezuela Assets Tuesday, 18 Mar 2008 | 11:37 AM ET
    Venezuela, Venezuelan Flag

    A British judge has lifted a $12 billion freeze on Venezuelan assets awarded to U.S. oil major Exxon Mobil in a spat over a seized oil project.

  • Former Qwest CEO Nacchio to Get New Trial Monday, 17 Mar 2008 | 1:49 PM ET
    Former chief executive of Qwest Communications, Joe Nacchio, center, his wife Anne, left, and son Michael, right, arrive at the federal courthouse in Denver Wednesday, April 11, 2007, where the jury is expected to begin deliberation in Nacchio's insider trading trial.  (AP Photo/Ed Andrieski)

    A U.S. appeals court on Monday threw out all guilty verdicts against former Qwest Communications Chief Executive Joseph Nacchio, ordering a new trial in an insider trading case seen as a test of government attempts to squash corporate fraud.

  • Skilling Attorneys: Feds Withheld Key Evidence Saturday, 15 Mar 2008 | 10:13 AM ET

    Attorneys for jailed former Enron CEO Jeffrey Skilling say the government illegally withheld key evidence that would have proven he is innocent.

  • Fidelity anti-money laundering unit probed? Friday, 14 Mar 2008 | 9:56 AM ET

    A federal grand jury and the Securities and Exchange Commission have been investigating the anti-money laundering practices of Fidelity Investments, according to a report in the Boston Business Journal.

  • Suit Filed to Free Cash Trapped in Investments Sunday, 9 Mar 2008 | 8:48 AM ET

    Investors across the nation are finding themselves in Wall Street’s version of the Hotel California: they have checked into an investment they can never leave.

  • American Apparel: Update On My Update Friday, 7 Mar 2008 | 2:55 PM ET

    I blog all the time on various topics in retail. The three topics that have gotten readers fired up: Wal-Mart, late flower deliveries on Valentine's Day and American Apparel. Anyhow, while I've been much more focused on retail sales data and consumer health lately, I have been asked to stay on top of the American Apparel case.

  • American Apparel's Dov Charney: An Update Thursday, 6 Mar 2008 | 10:04 AM ET

    I've received so many emails from readers who are interested in following up on how American Apparel is doing and asking for details of CEO Dov Charney's sex harassment trial. The last post on Retail Detail mentioned that Charney was headed to trial.

  • General Re, AIG Former Execs Convicted of Fraud Monday, 25 Feb 2008 | 3:53 PM ET

    A federal jury has found five former insurance company executives guilty of a scheme to manipulate the financial statements of the world's largest insurance company.

  • Justices Make It Harder to Sue Medical Device Makers Wednesday, 20 Feb 2008 | 11:19 AM ET

    The Supreme Court on Wednesday made it harder for consumers to sue manufacturers of federally approved medical devices.

  • Research In Motion, Motorola Duel in Lawsuits Tuesday, 19 Feb 2008 | 4:09 AM ET

    BlackBerry-maker Research In Motion and rival Motorola have sued each other over what they say are patent infringements for technology used in their mobile phones.

  • UnitedHealth, Insurer Shares Drop on N.Y. Lawsuit Wednesday, 13 Feb 2008 | 1:06 PM ET
    United Health Group

    The New York Attorney General's Office said it plans to file suit against Ingenix, its parent UnitedHealth Group, and three additional subsidiaries, as part of an investigation into a "scheme by health insurers to defraud consumers by manipulating reimbursement rates."

  • Class Action Attorney Gets Two Years in Jail Monday, 11 Feb 2008 | 3:38 PM ET

    William Lerach, a former partner at a well-known New York law firm, was sentenced to two years in federal prison for his role in a lucrative kickback scheme involving class-action lawsuits against some of the nation's biggest corporations.

  • Chavez Says May Halt Oil Supplies Over Exxon Fight Sunday, 10 Feb 2008 | 4:19 PM ET
    (AP Photo/Donna McWilliam)

    President Hugo Chavez Sundaywarned he would halt oil supplies to the United States if it continued to attack Venezuela as he said it had done with an Exxon Mobil lawsuit freezing assets of the OPEC nation.

  • Tobias' Wife Unlikely to Face Murder Charges Sunday, 10 Feb 2008 | 2:30 PM ET

    Filomena Tobias, wife of the late hedge fund manager Seth Tobias, is unlikely to face any charges in the death of her husband, according to a report in the Palm Beach Post that quoted a spokesman for the Palm Beach County State Attorney.

  • Venezuela Decries 'Judicial Terrorism' From Exxon Friday, 8 Feb 2008 | 3:48 PM ET
    (AP Photo/Donna McWilliam)

    Venezuela's top oil official accused Exxon Mobil of "judicial terrorism," but said court orders won by the oil major do not amount to confiscation of $12 billion in assets.

  • Courts Freeze $36 Billion in Venezuela Oil Assets Thursday, 7 Feb 2008 | 3:41 PM ET
    (AP Photo/Donna McWilliam)

    Exxon Mobil has moved to freeze up to $36 billion in Venezuelan assets around the world as the U.S. company fights for payment in return for the state's takeover of a huge oil project last year.

  • U.S. Probes Stock Sales By SocGen Board Member Monday, 4 Feb 2008 | 2:13 PM ET

    The U.S.  is looking into stock sales by a member of French bank Societe Generale's board shortly before the bank announced billions of dollars in losses by a single trader.

  • Bush Pushes Congress on Stimulus Package Friday, 25 Jan 2008 | 5:19 PM ET

    President Bush urged Congress on Friday to quickly pass an economic stimulus package void of extraneous spending, saying only quick action will kickstart the sputtering economy. "I strongly believe it would be a mistake to delay or derail this bill," Bush said.

  • Brocade Ex-CEO Gets 21 Months in Backdating Case Wednesday, 16 Jan 2008 | 2:05 PM ET

    The former chief executive of Brocade Communications Systems was sentenced to 21 months in prison for orchestrating a scheme to tamper with the company's records of stock option grants.

  • Supreme Court Limits Lawsuits by Shareholders Wednesday, 16 Jan 2008 | 4:42 AM ET

    Ruling in its most important securities fraud case in years, the Supreme Court on Tuesday placed a towering obstacle in the path of shareholders looking for someone to sue when a stock purchase turns sour.