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William Lerach, a former partner at a prestigious New York law firm, pleaded guilty Monday to conspiracy for his role in a scheme to bribe people to become plaintiffs in lucrative class-action lawsuits.
A U.S. securities regulator Tuesday warned investors to be wary of scams touting huge potential profits from energy-related stocks, when the onlypeople likely to make money are those running the schemes.
An assistant to hedge fund manager Seth Tobias, who died suddenly last month at age 44, told CNBC he has evidence that Tobias was murdered.
The co-founder of a prestigious New York law firm and two co-defendants pleaded not guilty Monday to federal charges related to a major class-action kickback scheme.
The Supreme Court rejected Monday an appeal by Microsoft and Best Buy of a ruling that reinstated a lawsuit by the electronics retailer's customers who claimed to have been improperly charged for Microsoft's MSN Internet service.
Sexual harassment cases are nothing new on Wall Street, but CNBC has uncovered new details of one of the most salacious cases to hit a big trading house in a long time.
On Tuesday, the U.S. Supreme Court is hearing an case that some say may alter the landscape of investing. The outcome potentially could strengthen shareholder confidence -- or stifle investment markets.
A major power generator agreed in a court settlement Tuesday to spend $4.6 billion to reduce chemical emissions blamed for spreading smog and acid rain across the Northeast.
On Oct. 9, the U.S. Supreme Court will hear a case that some say may open the flood gates to a tidal wave of investor lawsuits. Legal experts joined CNBC to debate both sides of the issue.
New York City Mayor Michael Bloomberg was the victim of identity theft, according to the New York County District Attorney's office.
A federal jury decided Madison Square Garden and its chairman must pay $11.6 million in damages to former New York Knicks executive Anucha Browne Sanders in her sexual harassment lawsuit.
Texas oilman Oscar Wyatt pleaded guilty Monday to conspiracy to commit wire fraud, one of five counts against him for his role in the U.N. oil-for-food scandal.
The Supreme Court Monday rejected a tobacco industry appeal on two issues in a Florida class-action case that has already resulted in a $145 billion punitive award against the cigarette makers being overturned.
A New York Jets season-ticket holder filed a class-action lawsuit Friday against the New England Patriots and coach Bill Belichick for "deceiving customers."
A court case brought by Nigeria against Pfizer resumes on Tuesday with the U.S. drug maker saying it answered a call for help to save the lives of African children during a meningitis epidemic.
The U.S. Equal Employment Opportunity Commission sued Bloomberg LP on Thursday, alleging the news service had discriminated against pregnant employees by cutting their pay and demoting them.
A union filed a shareholder lawsuit against Moody's on Wednesday claiming the rating agency did not tell investors it "assigned excessively high ratings" to bonds backed by subprime mortgages.
A U.S. federal court jury found that Vonage infringed on six Sprint Nextel patents, according to Sprint spokesman Matt Sullivan.
A California appeals court on Tuesday declined to reinstate a long-running case against the Walt Disney over royalties it paid for its popular Winnie the Pooh character.
Four out of five businesses worldwide have been hurt by some type of corporate fraud in the last three years, according to a survey commissioned by risk consultant Kroll.