Articles by Christian Berthelsen and Jef Feeley

U.S. Charges New York Drug Firm Executives with Opioid Distribution Conspiracy

Federal prosecutors unveiled the first criminal charges against pharmaceutical executives for illegally diverting opioids, accusing the former chief executive officer and the head of compliance at a major U.S. drug distributor with a narcotics conspiracy. Laurence F. Doud III, who …

Deutsche Bank, BofA, JPM Drawn into Danske Money Laundering Probe: Sources

Deutsche Bank AG and Bank of America Corp. have been contacted by U.S. criminal investigators for information about transactions they handled for a small bank branch in Estonia that’s at the center of one of the biggest money-laundering investigations in …

Late Broker’s Estate Sues JPMorgan Claiming Wrongful Death

The estate of a deceased broker filed a wrongful death lawsuit against JPMorgan Chase & Co., saying he took his life after becoming despondent because he was forced to retire. Michael A. Lorig suffered from depression and mental illness, and …

New York to Hold Off Enforcing Airbnb Sublet Restrictions

The city and state of New York said Monday they would hold off enforcing a new law restricting short-term apartment sublets against Airbnb Inc. until the company’s lawsuit over the issue is resolved. That was a reversal from earlier indications …

Airbnb’s New York Fight Moves From Legislature to Courtroom

Airbnb Inc. is fighting to stay alive in the biggest rental market in the U.S. Hours after New York Governor Andrew Cuomo signed a bill into law that will fine residents who rent out their apartments for illegal short-term stays, …