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Law Lawsuits

  • Donald Drapkin Awarded $16M

    Discussing his lawsuit against former friend and colleague Ronald Perleman for breach of contract, with Donald Drapkin, former MacAndrew & Forbes vice chair.

  • Cruise Ship to Offer Money to Those Injured

    Insight on two U.S. law firms preparing to launch a class action lawsuit against both Costa and Carnival, with Marc Bern, Napoli Bern Ripka.

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    A movement pushing for changes to alimony laws in several states in growing across the country. USA TODAY reports.

  • macys_shopping_bag1.jpg

    Macy's is suing Martha Stewart Living Omnimedia for breach of contract by agreeing to sell certain products through J.C. Penney that Macy's considered exclusive.

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    The U.S. Supreme Court ruled unanimously Monday that police must get a search warrant before using GPS technology to track criminal suspects.

  • Sinking cruise ship in Giglio Porto, Italy

    Unregistered passengers might have been aboard the stricken cruise liner that capsized off the Tuscan island of Giglio, a top rescue official said, raising the possibility that the number of missing might be higher than previously announced.

  • Since 1992, politicians vying for the highest office in America have tried to project a down-home demeanor to endear themselves to the electorate. At the same time, nobody can mount a serious campaign for the presidency without money, and lots of it. So as nice as it is to come off like someone a voter would love to have a beer with, even the folksiest candidate will never make it to the Iowa caucus without a vast war chest.Since it takes money to run for president, it’s not surprising that some

    CNBC.com ranks the 10 richest people who have sought the U.S. presidency since 1992. Check out the list!

  • The FBI is arresting up to four individuals in its ongoing investigation of insider trading in the hedge fund industry, CNBC has learned.

  • MF Global Trustee Says Half of Missing Money Located

    CNBC's Kayla Tausche has the details on one MF Global trustee speaking out on missing funds.

  • Bank of New York Mellon
  • MF Global website

    The investigation into MF Global is intensifying as federal authorities unearth new details and confront potential obstacles in their hunt for roughly $1.2 billion in customer money that disappeared. The New York Times reports.

  • Does Allen Stanford Have Amnesia?

    Accused of running a $7B ponzi scheme, Allen Stanford was in court today and CNBC's Scott Cohn has the story.

  • SEC Charges Six Former Fannie/Freddie Execs

    CNBC's Eamon Javers reports that the SEC is suing six Fannie Mae and Freddie Mac executives with securities fraud.

  • MF Global Clients May Have Authorized Some Transfers

    CNBC's Kayla Tausche explains that some MF Global's customers may have authorized some of the transfers. She also addresses rumors the missing $1.2 billion has been found.

  • James Murdoch speaking in front of Parliament

    Rupert Murdoch’s son James received and responded to e-mail messages in 2008 that referred to “a nightmare scenario” of legal repercussions from widespread phone hacking at the tabloid The News of the World, the NYT reports.

  • Corzine Questioned by Senators

    Jon Corzine, MF Global former CEO is testifying before the Senate Agriculture Committee about the recent collapse of his firm. CNBC's Hampton Pearson has the story.

  • Corzine's Return Engagement

    Tomorrow, the Senate Agriculture Committee will put Jon Corzine, former MF Global CEO, back in the hot seat for more questioning regarding the whereabouts of hundreds of millions of dollars in customer funds. CNBC's Jane Wells has the details.

  • CTFC Commissioner on MF Global

    Sharing her expectations from the hearing and the investigation on MF Global's bankruptcy, with Jill Sommers, CFTC commissioner.

  • MF Global

    Criminal charges are likely involving MF Global, the bankrupt broker-dealer that went bust due to bets it made on European debt, outgoing Commodity Futures Trading Commission head Bart Chilton told CNBC.

  • F. Scott Yeager, former senior vice president of business development for Enron Broadband Services.

    When Enron filed for bankruptcy on December 2, 2001—at the time the largest bankruptcy in U.S. history—the once high-flying energy company cemented its reputation as the very symbol of corporate fraud. Its top executives, including Chairman Ken Lay, CEO Jeffrey Skilling and Chief Financial Officer Andy Fastow became household names, and the term “Enron accounting” joined the business and political lexicons.