When Procter & Gamble challenged Christy Prunier's name Willa for a line of skin care products for preteenagers, Prunier chose to fight. The case goes to court next month, the New York Times reports.
Bank of America’s potential liability for bad mortgages — in the tens of billions of dollars — is well known. But Bank of America is haunted by other demons from the financial crisis, the most significant one being a lawsuit arising from its troubled Merrill Lynch acquisition, the New York Times reports.
The sentencing of former hedge-fund mogul Raj Rajaratnam has been delayed two weeks to October 13.
In testimony obtained by CNBC, a former attorney for the SEC denied that he had a conflict in his handling of the Bernard Madoff case, despite allegations by the agency's Inspector General that have been referred to the Justice Department for possible criminal prosecution.
As his former colleagues at the International Monetary Fund gather this week, the scandal surrounding Dominique Strauss-Kahn will be a specter in the background.
The former IMF chief admitted to a “moral failing” but denied he had sexually assaulted a New York hotel maid in a widely-anticipated interview on French television.
The tables may be turned on one former SEC official. He may soon be investigated by the Justice Department for a potential conflict in the Madoff case: He was responsible for the agency's proposal for victim compensation even though he had a financial interest in the outcome.
CNBC's Jane Wells has an update on the legal battle between sugar and corn.
Regulators are nearing a settlement with Fannie Mae and Freddie Mac over whether the mortgage finance giants adequately disclosed their exposure to risky subprime loans, bringing to a close a three-year investigation. The New York Times reports.
Nearly five years after being sent to prison for his role in the most notorious corporate collapse of all time, former Enron CEO Jeffrey Skilling is taking his case back to the Supreme Court.
In "The Arrogance Cycle", Farr says he provides what every investor needs to know to protect his or her assets from the next big financial bubble.
Regulators are questioning major U.S. banks about capital raising plans and BofA announces they plan to make at least 3,500 layoffs beginning tomorrow, with CNBC's Kate Kelly and Steve Liesman.
The news that the federal government is suing 17 of the biggest banks in the world for hundreds of billions of dollars no doubt has many people wondering what was the point of bailing them out with hundreds of billions of dollars.
Dominique Strauss-Kahn returned home to France on Sunday, for the first time since attempted rape accusations by a New York hotel maid unleashed an international scandal that dashed the former International Monetary Fund chief's chances for the French presidency.
The Fast Money traders weigh in on the winners and losers in the Justice Department's decision to block AT&T's acquisition of T-Mobile, and CNBC's Jon Fortt with a look at the impact the scuttled merger will have on the rest of the wireless universe.
Medical marijuana cannot be sold through private shops, the Michigan appeals court said Wednesday in a major decision that strikes at businesses trying to cash in on pot and cuts off a source for people with chronic ailments.
Regulators will announce Wednesday that Google will pay $500 million to settle government charges that it has illegally shown ads for online pharmacies that operate outside the law, according to two people briefed on the investigation. The New York Times reports.
The news that Goldman Sachs chief executive Lloyd Blankfein has hired a high-profile Washington, DC criminal defense attorney likely means that at least one of the government inquiries into Goldman is advancing. And it may indicate that Blankfein himself faces potential legal liability.
Prosecutors in New York have asked a judge to dismiss sexual assault charges against former IMF chief, Dominique Strauss-Kahn. CNBC's Kayla Tausche has the details.
Charges against former head of the International Monetary Fund Dominique Strauss-Kahn may be dropped altogether this week in New York.