Law Lawsuits

  • Gupta to Prison in January

    CNBC's Bertha Coombs reports tonight's major headlines, including Rajat Gupta was sentenced to two years in prison today, and a $5 million fine for his part in feeding Goldman secrets to Hedge Fund Operator Raj Rajaratnam.

  • Best Currency Play Post-Fed Decision

    CNBC's Jon Fortt reports the International Trade Commission's preliminary ruling on the Apple and Samsung patent trial; and trading the Fed's monetary policies, with Amelia Bourdeau, Westpac Institutional Bank.

  • Federal Prosecutors Sue Bank of America Over Mortgage Program

    Federal prosecutors sued Bank of America on Wednesday, accusing the bank of carrying out a mortgage scheme that defrauded the government during the depths of the financial crisis. The New York Times reports.

  • Gupta Sentenced to 2 Years in Prison, Fined $5 Million

    Rajat Gupta, a former Goldman Sachs and Procter & Gamble board member, was sentenced to two years in prison and fined $5 million for insider trading.

  • Mortgage Fraud Lawsuit

    Federal prosecutors are suing Bank of America, with CNBC's Scott Cohn.

  • US Sues Bank of America

    The U.S. is suing Bank of America on behalf of Fannie Mae and Freddie Mac, with CNBC's Scott Cohn.

  • Wynn's Victory in Court vs Okada

    Jonathan Galaviz, MD & Chief Economist, Galaviz & Company discusses the Nevada court ruling against Kazuo Okada's appeal to reverse Wynn Resorts' share buyback.

  • JPM Sued on Mortgage Bonds

    New York Attorney General Eric Schneiderman is suing JPMorgan alleging widespread fraud that the Bear Stearns business JPMorgan took over in 2008 defrauded mortgage-bond investors. Mike Ozanian, Forbes Magazine; Rep. Bill Pascrell (D-NJ); former Virginia Governor Jim Gilmore (R); and Steve Malanga, Manhattan Institute, weigh in.

  • Ken Feinberg on Victims' Funds

    Kenneth Feinberg, Feinberg Rozen founder & managing partner, discusses the top victim claims and disputes he is working on, and the process for deciding a dollar amount to suffering.

  • 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.