Law Lawsuits

  • NY AG Sues JPMorgan Over Bear Stearns

    CNBC's Scott Cohn and Eric Schneiderman, attorney general of New York, discuss which Wall Street firms are bracing themselves for a possible lawsuit from the New York attorney general.

  • NY AG To Speak Out About JPM Suit

    CNBC's Scott Cohn has the latest details about New York Attorney General Eric Schneiderman's suit against JPMorgan. Also, CNBC's Gary Kaminsky shares his thoughts on the lawsuit.

  • NY AG Files Suit Against JPMorgan

    CNBC's Scott Cohn reports New York's attorney general's office filed a civil lawsuit against JPMorgan over mortgage-backed securities packaged and sold by Bear Stearns.

  • Loose Seats on American Airlines

    American Airlines says it is examining eight of its 757 aircrafts, and NY State's Attorney General filed a lawsuit against JPMorgan. CNBC's Jackie DeAngelis has the details.

  • NY Attorney General Sues JPMorgan

    New York State Attorney General's office is moving to sue JPMorgan over claims that Bear Stearns had packaged loans and misrepresented the quality of those loans before the financial crisis.

  • Surgeons

    Puh-leeeeeease! That job is so overrated. Here are the 12 most overrated jobs of 2012 and, lest you think no one noticed, the 12 most underrated jobs!

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    A Senate subcommittee pointed the finger at Microsoft and Hewlett-Packard on Thursday in a report on how U.S. multinational corporations shift profits offshore to avoid taxation.

  • Interest Rate

    The average rate on the 30-year fixed mortgage held steady this week, staying slightly above the lowest level on record.

  • Bradley Birkenfeld, a former UBS AG banker, speaks during an interview at Schuylkill County Federal Correctional Institution in Minersville, Pennsylvania, U.S., on Tuesday, April 27, 2009.

    Attorneys for jailed former Swiss banker Bradley Birkenfeld announced Tuesday that the IRS will pay him $104 million as a whistleblower reward for information he turned over to the US government.

  • Politics & Policy in China

    A Chinese court hands a suspended death sentence to Gu Kailai, wife of former fast-rising political star Bo Xilai. Dane Chamorro, Director, Global Risk Analysis, Asia Pacific, Control Risks and Colin Chapman, Vice President, Asia Pacific, Stratfor discuss the economic and political facets of this case.

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    Calling hold 'em a "game of skill," a federal judge in Brookly tossed out a jury's July conviction of a man charged with conspiring to operate an illegal poker club.

  • Tyco

    Tyco and its former chief executive have settled a New York lawsuit seeking to force him to surrender compensation he received before he was jailed.

  • Chicago Mercantile Exchange (CME) traders

    Commodities Futures and Exchange Commission (CFTC) commissioner Bart Chilton is calling for an insurance fund to protect futures customers.

  • Internet Security

    It is shaping up to be the year of the glitch. Days after the massive software failure which nearly put Knight Capital Group out of business,  exchanges in Tokyo and Spain were forced to suspend some trading due to glitches, while a software bug caused Southwest Airlines to charge online customers several times over for the same flight. .

  • Department of Justice

    Settlements for defrauding the government are on track to reach $8 billion this year, but relatively few executives are being charged at the companies getting the penalties, the New York Times reports.

  • IRS

    The IRS is paying out billions of dollars in fraudulent tax refunds to identity thieves; a problem that the tax service’s inspector general told CNBC is a “growing problem” involving numbers that are increasing “exponentially.”

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    The first rule of insider trading: Don’t talk about insider trading—or do a lot of Internet searches about it.

  • News Corp

    News Corp stock is slipping ever so slightly on low volume following the announcement that criminal charges have been brought against eight key figures in the never-ending phone hacking scandal, Yahoo Finance reports.

  • The New iPad

    A U.K. court wants to make it clear that Samsung did not infringe on Apple's iPad design so they're forcing the iPad maker to issue a public notice saying they were wrong, according to a report.

  • Seven years after he was first sued by New York state prosecutors for securities fraud, the allegations against former AIG chief Maurice “Hank” Greenberg are still pending – and may now be considered by the state's highest court.