JPMorgan Client Who Lost $50 Million Fortune Amid Dementia Denied Trial October 7, 2024 By Tom Schoenberg A once-wealthy JPMorgan Chase & Co. client whose portfolio crumbled as he slid into dementia lost a legal battle seeking...
JPMorgan Client Who Lost $50 Million Fortune Faces Court Setback April 15, 2024 By Tom Schoenberg The family of an elderly JPMorgan Chase & Co. client who lost tens of millions of dollars on investments as...
Signature Bank Faced Criminal Probe Ahead of Firm’s Collapse March 15, 2023 By Tom Schoenberg, Ava Benny-Morrison and Austin Weinstein US prosecutors were investigating Signature Bank’s work with crypto clients before regulators suddenly seized the lender this past weekend, according...
Walmart Agrees to Pay $282 Million to End 7-Year Global Bribe Investigation June 21, 2019 By Tom Schoenberg Walmart Inc. agreed to pay $282 million in penalties and a Brazilian unit admitted to violating a U.S. anti-bribery law,...
Justice Department Vows to Pursue Individual Executives in Corporate Crime Cases November 30, 2018 By Tom Schoenberg The U.S. Justice Department will make executive accountability a part of every investigation of corporate wrongdoing, Deputy Attorney General Rod...
Deutsche Bank, BofA, JPM Drawn into Danske Money Laundering Probe: Sources November 16, 2018 By Christian Berthelsen, Tom Schoenberg and Jonathan Browning Deutsche Bank AG and Bank of America Corp. have been contacted by U.S. criminal investigators for information about transactions they...
U.S. Clarifies Policy on Prosecutions of Executives for Fraud November 17, 2015 By Tom Schoenberg The U.S. Justice Department renewed its push to charge executives in corporate fraud cases, encouraging companies to come to them...
Civil Court Cases Face Possible Delays Due to Government Shutdown October 4, 2013 By Andrew Zajac and Tom Schoenberg U.S. Justice Department lawyers from New York to San Francisco are asking judges to delay civil cases as the government...
Court Says Facebook ‘Like’ Is Protected Speech for Employees September 18, 2013 By Tom Schoenberg Using Facebook Inc.’s “Like” feature to show support for a candidate in an election is speech protected under the U.S....
Railroads Win Class Certification Appeal in Shippers’ Price Fixing Case August 12, 2013 By Andrew Zajac and Tom Schoenberg The four largest U.S. railroad companies won their bid to reverse a ruling that turned a price- fixing lawsuit against...