Law Lawsuits


  • Facebook, Zuckerberg Say Ownership Contract Forged Thursday, 2 Jun 2011 | 1:09 PM ET

    An alleged contract and emails that a New York man says entitle him to a huge stake in Facebook are forgeries, the online social network's founder Mark Zuckerberg said.

  • We've Fixed Wall St, Now Fix Main St: Author Thursday, 2 Jun 2011 | 7:28 AM ET

    The US government needs to focus on small business lending rather than Wall Street, the author of a new book about Goldman Sachs told CNBC Thursday.

  • Oracle CEO Settles Longstanding Lawsuit Over Trees Wednesday, 1 Jun 2011 | 12:59 PM ET
    Larry Ellison

    Oracle CEO and Founder Larry Ellison has settled his longstanding lawsuit…over trees.

  • urban_outfitters_site_400.jpg

    They say imitation is the sincerest form of flattery, but independent artist Stevie Koerner, who quit her job to be a full time jeweler, is not flattered at all. The Chicago artist took to the Web to express her displeasure with the fact that retailer Urban Outfitters had copied her line of necklaces.

  • Ex-Husband Scammed by Madoff Wants Wife to Pay Tuesday, 31 May 2011 | 5:23 AM ET

    After 33 years of marriage, Steven Simkin and Laura Blank divorced in 2006. They agreed to split their considerable wealth equally. More than two years later, Ms. Blank received a voicemail message that stunned her: Mr. Simkin wanted to revise their settlement. She refused, and he sued,  the New York Times reports.

  • Commentary: The Nature of Investors Has Changed Friday, 27 May 2011 | 1:39 AM ET
    A commodities trader at the New York Mercantile Exchange.

    If in doubt, blame speculators. That has been the popular political mantra in recent years whenever commodity and energy prices have soared. And events have now poured more fuel on the fire., according to the FT.

  • Will London Become the Divorce Capital of the World? Friday, 27 May 2011 | 1:19 AM ET

    In an era where divorce tourism is becoming increasingly common, with the globe-trotting super-wealthy trying to split up wherever will give them the best deal, London has the potential to become the divorce capital of the world.

  • 'Greece Has to Deliver': France's Lagarde Monday, 23 May 2011 | 11:49 AM ET
    French Finance Minister Christine Lagarde is considered the top contender to replace Strauss-Kahn as IMF chief.

    Greece must avoid debt restructuring and implement the austerity measures it has promised to introduce in order to shrink its budget deficit, French Finance Minister Christine Lagarde told CNBC on Monday.

  • Dominique Strauss-Kahn in court.

    The IMF said Friday it had put out incorrect information a day earlier about the pension benefits it will pay former managing director Dominique Strauss Kahn.

  • IMF Clarifies Amount of Strauss-Kahn's Pension Friday, 20 May 2011 | 2:00 PM ET
    Dominique Strauss-Kahn in court.

    No matter how his legal case turns out, CNBC has learned that Dominique Strauss-Kahn will collect at least a quarter million dollars a year from the IMF in pension payouts for the rest of his life.

  • Ex-Diamondback Portfolio Manager Pleaded Guilty Wednesday, 18 May 2011 | 5:29 PM ET

    Former Diamondback Capital Management portfolio manager Anthony Scolaro's securities fraud case was unsealed Tuesday by the Department of Justice, revealing that he pleaded guilty in December.

  • Former Enron CFO One Step Closer to Freedom Wednesday, 18 May 2011 | 8:19 AM ET

    Former Enron Chief Financial Officer Andy Fastow has been transferred to a Houston halfway house as he prepares to be released from prison later this year.

  • Who Will Take Over From Strauss-Kahn? Wednesday, 18 May 2011 | 3:27 AM ET
    Dominique Strauss-Kahn in court.

    Unless the charges against Dominique Strauss-Kahn are dropped or proven untrue soon, the IMF may have no choice but to act to find a successor. And then the merry go round begins, writes CNBC anchor Ross Westgate.

  • Madoff Prosecutors Want Delay in Aide's Sentencing Tuesday, 17 May 2011 | 4:00 PM ET
    Frank DiPascali

    Madoff prosecutors have filed a letter with the judge overseeing the case requesting Frank Dipascali's sentencing be delayed again due to his "active and ongoing cooperation" in the overall criminal investigation.

  • RAB Set to Delist as Assets Evaporate Thursday, 12 May 2011 | 12:07 AM ET
    Trader at London Stock Exchange, England.

    RAB the hedge fund that was the toast of London’s financial community in the boom, is poised to delist from the UK’s junior market amid a crippling wave of redemption requests from investors, reported the FT.

  • Raj Convicted on All Counts Wednesday, 11 May 2011 | 7:30 PM ET
    Raj Convicted on All Counts

    Hedge fund billionaire Raj Rajaratnam was convicted on all counts of insider trading today, with CNBC's Bertha Coombs; Tom Curran, Peckar & Abramson; and Joseph DiGenova, diGenova & Toensing.

  • Raj Rajaratnam, confronted by media as he leaves the Daniel Patrick Moynihan United States Court House at 500 Pearl Street after being found guilty of 14 charges against him on May 11, 2011 in New York City. After eleven days of deliberation a jury convicted Rajaratnam with all 14 counts of securities fraud and conspiracy.

    The landmark guilty verdict against Raj Rajaratnam on 14 counts of insider trading sent a chill down Wall Street, causing hedge funds to rethink their use of so-called expert analyst networks and also ponder the impact of the historic decision on the implementation of the Dodd-Frank regulatory bill.

  • Cramer: Rajaratnam Case Helped Diminish Insider Trading Wednesday, 11 May 2011 | 3:44 PM ET

    The "Mad Money" host explains how the Raj Rajaratnam case helped put an end to most insider trading on Wall Street.

  • Word On the Street Now Wednesday, 11 May 2011 | 12:30 PM ET
    Word On the Street Now

    Reaction to the guilty verdict at the Rajaratnam trial and today's market movers, with CNBC's Sharon Epperson and the Fast Money Traders.

  • Hedge Fund Titan & the SALT Conference Wednesday, 11 May 2011 | 12:21 PM ET
    Hedge Fund Titan & the SALT Conference

    Discussing the impact of the Rajaratnam guilty verdict on the hedge fund community and future investment strategies, with hedge fund investor, Jamie Dinan, York Capital chairman/CEO.