NEW YORK, April 28- A federal judge dismissed claims by former Elan Corp and Wyeth shareholders accusing billionaire investor Steven A. Cohen's SAC Capital Advisors LP of violating federal racketeering law by conducting insider trading in the drugmakers' stocks. District Judge Victor Marrero in Manhattan said the civil claims brought under the Racketeer...» Read More
BRASILIA, Feb 24- Prosecutors on Tuesday accused a former senior Petrobras executive of racketeering, bribery and money laundering through Switzerland and Uruguay in a widening kickback scandal that has engulfed Brazil's state-run oil company. Nestor Cerveró was head of international operations at Petroleo Brasileiro SA, as the company is known, from...
Michigan's AG filed felony racketeering and fraud claims against Chesapeake Energy, alleging the firm canceled land leases under false pretenses.
Former Detroit Mayor Kwame Kilpatrick was sentenced to 28 years in jail for corruption and fraud that added to the Motor City's fiscal woes.