Law Lawsuits

  • Bharara prepares for largest bank fine ever

    U.S. Attorney Preet Bharara will hold a news conference on the JPMorgan deal in regards to the Madoff case. CNBC's Scott Cohn reports JPMorgan is promising best in class compliance systems.

  • Ex-SAC trader on trial

    Opening statements in the trial for ex-SAC trader Matthew Martoma could begin Wednesday. CNBC's Kate Kelly reports jury selection has begun.

  • JPM to settle with Irving Picard for $543 million

    CNBC's Scott Cohn reports JPMorgan will settle with trustee Irving Picard for $543 million. Picard will disperse the funds to the Madoff victims.

  • JPM to pay $1.7 billion to DOJ

    CNBC's Scott Cohn reports JPMorgan will pay $1.7 billion to the DOJ for its dealings with Bernie Madoff. The bank will also admit wrongdoing in a deferred prosecution agreement. No individuals will be held accountable.

  • BlackBerry sues keyboard maker Typo

    BlackBerry has filed a lawsuit against Typo Products, a company co-founded by Ryan Seacrest, reports CNBC's Julia Boorstin.

  • Ed O'Bannon

    Win or lose, a lawsuit against the NCAA to give college athletes compensation for the use of their likeness will likely change collegiate athletics.

  • Hard to prosecute stupidity: WSJ's Zuckerman

    Greg Zuckerman of The Wall Street Journal responds to Judge Jed Rakoff's comments on a lack of prosecution during the financial crisis. "There were individuals who knew this was coming, but even the top executives didn't," he says.

  • Judge Rakoff unplugged

    CNBC's Scott Cohn reports Judge Rakoff is speaking out on a lack of prosecution during the financial crisis.

  • Diane Massaroli holds up a picture of her late husband, Michael, who worked at Cantor Fitzgerald at the World Trade Center.

    Cantor Fitzgerald has agreed to settle a lawsuit against American Airlines over business and property losses stemming from the Sept 11, 2001, attacks.

  • In this Nov. 5, 2010 file photo released by the Utah Highway Patrol, a Toyota Camry is shown after it crashed as it exited Interstate 80 in Wendover, Utah.

    Toyota has entered negotiations to settle hundreds of sudden-acceleration lawsuits, the Los Angeles Times reported Friday.

  • Wall Street trade group sues government

    CNBC's Kate Kelly reports the Securities Industry and Financial Markets Association is suing the CFTC over the rules governing overseas swaps trading.

  • 23andMe is facing a class action lawsuit alleging that the Silicon Valley start-up misled customers with advertising for its personalized DNA tests.

  • Samsung owes Apple $290 million

    CNBC's Josh Lipton reports a jury has awarded Apple $290 million from Samsung for infringing on Apple patents.

  • Government going for political points?

    Where is the $13 billion JPMorgan settlement going? Stephanie Link, TheStreet, and CNBC contributor Carol Roth weigh in on the government's mortgage settlement with the big bank.

  • US Attorney Wagner: JPM took shortcuts to get mortgages to market

    CNBC's Jane Wells spoke with Benjamin Wagner, U.S Attorney for the Eastern District of CA, about JPMorgan's settlement. The most egregious finding was the totality, he says. The bank took a lot of shortcuts.

  • DOJ's $13 billion settlement with JPM

    CNBC's Kate Kelly reports the DOJ's pact with JPMorgan is the largest settlement with a single entity U.S history.

  • Banks are guiding down: Pro

    Is JPMorgan and other big banks a safe buy for investors? Chris Whalen, Carrington Investments, and Todd Hagerman, Sterne Agee, weigh in.

  • AG Holder: JPM settlement inflicts pain

    CNBC's Pete Williams reports that JPMorgan executives knew there were worthless loans being packaged to consumers.

  • DOJ pact with JPM: Largest in US history

    CNBC's Kate Kelly reports the justice department officially announced a $13 billion settlement with JPMorgan. JPM has acknowledged public misrepresentation as part of the DOJ deal.

  • NY AG Schneiderman releases JPM settlement details

    CNBC's Kate Kelly reports Attorney General Eric Schneiderman has issued a press release that details the New York part of the JPMorgan settlement case.