Court Revives Securities Case Involving Foreign vs. Domestic Transactions March 2, 2012 By Jonathan Stempel A federal appeals court has breathed new life into a lawsuit accusing a Beverly Hills broker-dealer of defrauding nine hedge...
Moody’s Must Face Whistleblower Analyst’s Retaliation Claim February 29, 2012 By Jonathan Stempel Moody’s Investors Service was ordered to defend against a lawsuit by a whistleblowing former analyst who claimed it illegally retaliated...
BP Oil Spill Trial Delayed for Settlement Talks February 26, 2012 By Jonathan Stempel and Tom Bergin The trial to decide who should pay for the 2010 Gulf of Mexico oil spill has been delayed by a...
Complex Trial Over Blame for Gulf Oil Spill Set to Open February 24, 2012 By Jonathan Stempel It could be the ultimate case for passing the buck. A massive trial over the 2010 Gulf of Mexico oil...
Judge: BP, Anadarko, Transocean May Be Liable for Oil Pollution Claims February 23, 2012 By Jonathan Stempel BP Plc and Anadarko Petroleum Corp. are liable and Transocean Ltd. may be liable for civil damages under federal pollution...
BP Wins Ruling Keeping Prior Accidents Out of Gulf Spill Trial February 20, 2012 By Jonathan Stempel BP Plc won a court order to keep references to some previous accidents out of the trial to assess blame...
Citigroup Mortgage Insurance Whistleblower: ‘I Have No Regrets’ February 17, 2012 By Jonathan Stempel It wasn’t Sherry Hunt’s original intent to go public on the shoddy quality control at a mortgage unit at Citigroup...
Citigroup to Pay $158M in Whistleblower Fraud Claim Over Insurance for Mortgages February 16, 2012 By Jonathan Stempel Citigroup Inc. has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government into insuring...
BP Wins Dismissal of Part of Investor Lawsuit Over Gulf Oil Spill February 13, 2012 By Jonathan Stempel A U.S. federal judge dismissed a large part of a nationwide lawsuit accusing BP Plc and top executives of fraud...
MF Global Judge to Examine Insurance Payments for Former Executives February 10, 2012 By Jonathan Stempel The U.S. judge overseeing MF Global’s bankruptcy plans a closer review before deciding whether any of an estimated $190 million...