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  • Vonage, Nortel Settle Patent Disputes Monday, 31 Dec 2007 | 10:45 AM ET
    Vonage

    Internet phone company Vonage Holdings and Canadian telecommunications equipment maker Nortel Networks have settled their patent disputes, the companies said Monday.

  • Wyeth Sues Teva over Heartburn Drug Patent Monday, 24 Dec 2007 | 7:36 AM ET

    Wyeth said Monday it will sue Teva Pharmaceuticals USA for alleged patent infringement and said it received an approvable letter from U.S regulators for bazedoxifene, a drug that helps prevent post-menopausal osteoporosis.

  • Lawyers Get Big Payday in Tyco Case Thursday, 20 Dec 2007 | 12:35 PM ET

    Lawyers who won a class action suit against Tyco International and PricewaterhouseCoopers will be awarded 14.5 percent of the $3.2 billion settlement, plus nearly $29 million in expenses, a judge has ordered.

  • Temasek Appeals Indonesia Antitrust Ruling Tuesday, 18 Dec 2007 | 10:03 PM ET

    Temasek Holdings filed an appeal against an order to divest its stake in one of Indonesia's two largest mobile phone operators, the Straits Times reported on Wednesday.

  • Tobias Aide to Testify in Fund Manager's Estate Case Monday, 17 Dec 2007 | 11:41 PM ET

    A former assistant to Seth Tobias has agreed to testify in the court battle over the late hedge fund manager's estate.

  • SEC Sues Two Former Morgan Stanley Advisors Friday, 14 Dec 2007 | 4:34 PM ET

    U.S. securities regulators sued two former financial advisers at Morgan Stanley Friday for defrauding at least 50 mutual fund companies and their shareholders.

  • Ex-newspaper Mogul Black Gets 6.5 Years in Jail Monday, 10 Dec 2007 | 3:03 PM ET
    Conrad Black leaves a federal courthouse in Chicago on Januart 12, 2007.

    A judge sentenced former media mogul Conrad Black to 6-1/2 years in prison for obstructing justice and defrauding shareholders of one-time newspaper publishing giant Hollinger International.

  • Inquiry in SAC Sex Harassment Case Nearly Complete Friday, 7 Dec 2007 | 5:24 PM ET

    A federal  investigation into sexual harassment charges by a former trader at SAC Capital, a powerful Greenwich, Conn. hedge fund run by financier Steve Cohen, is in its final stages and should be completed in the next two or three weeks, CNBC has learned.

  • New York Funds Take Lead in Countrywide Lawsuits Friday, 30 Nov 2007 | 3:11 PM ET

    A federal judge has named two New York pension funds lead plaintiffs for five class-action lawsuits accusing Countrywide Financial, the largest US mortgage lender, of inflating earnings and overstating its ability to weather the housing slump.

  • Shareholders File Suit Against Virgin Mobile USA Wednesday, 28 Nov 2007 | 3:55 AM ET

    Shareholders who lost money after investing in Virgin Mobile USA's IPO and stock have filed a class action lawsuit against the mobile service provider, Kahn Gauthier Swick said on Wednesday.

  • Cisco Removes Latam VP Over Brazil Fraud Case Friday, 23 Nov 2007 | 4:33 AM ET

    U.S. network-equipment maker Cisco Systems said Thursday it suspended one of its Latin American executives due to criminal accusations against him regarding the company's ongoing tax evasion case in Brazil.

  • Saks Settles Vendor Lawsuits: Report Friday, 23 Nov 2007 | 3:57 AM ET

    Upscale retailer Saks confirmed that it has settled two lawsuits alleging it engaged in abusive practices against vendors, the Wall Street Journal reported on Friday in its online edition.

  • Wal-Mart Loses Bid to Seal Documents in Tax Dispute Friday, 23 Nov 2007 | 3:48 AM ET

    A North Carolina state judge rejected an attempt by Wal-Mart Stores to block public access to certain court documents in a tax dispute with state authorities, the Wall Street Journal reported Friday in its online edition.

  • Freddie Mac Sued Over Mortgage Problems Thursday, 22 Nov 2007 | 4:06 AM ET

    A shareholder sued Freddie Mac, its chief executive and others on Wednesday, alleging the No. 2 U.S. home funding company did not take adequate steps to protect itself from problems in the mortgage industry.

  • Qualcomm Wins a Round in Patent Battles with Nokia Thursday, 22 Nov 2007 | 3:45 AM ET

    Qualcomm won a round in its patent battles with wireless phone maker Nokia Wednesday as a U.S. trade court tossed out a lawsuit asking for Qualcomm's chips to be barred from the United States.

  • Cerberus Fights Back Against United Rentals Wednesday, 21 Nov 2007 | 7:04 PM ET

    Cerberus Capital Management, in its latest attempt to scuttle its $4 billion purchase of United Rentals, said it filed a request for declaratory judgment Wednesday in New York State Supreme Court.

  • United Rentals Sues Cerberus Over Broken Deal Tuesday, 20 Nov 2007 | 3:23 AM ET

    United Rentals said Monday it filed a lawsuit seeking to force Cerberus Capital Management to complete its $4 billion leveraged buyout of the equipment rental company.

  • Indonesia Telecoms Stocks Fall on Anti-Monopoly Ruling Tuesday, 20 Nov 2007 | 12:13 AM ET

    Shares of Indonesia's two biggest telephone stocks tumbled at the start of trade on Tuesday following a ruling by the country's anti-monopoly agency, and dragging down the Jakarta stock index

  • United Rentals Sues to Force Buyout by Cerberus Monday, 19 Nov 2007 | 2:40 PM ET

    United Rentals said Monday that it had filed a lawsuit seeking to compel Cerberus Capital Management to complete its $4 billion buyout of the equipment rental company.

  • Aer Lingus Files Lawsuit vs. Top Shareholder Ryanair Monday, 19 Nov 2007 | 10:15 AM ET

    Aer Lingus Group filed a lawsuit Monday in the European Union's second-highest court in hopes of forcing its main rival, budget airline Ryanair, to sell its shares in Aer Lingus.