For two years, stock traders and the attorneys who represent them said insider-trading law was a muddle, with no one knowing exactly what was or wasn’t legal. On Tuesday, the U.S. Supreme Court said it had “easily” settled the question. …
A federal appeals court said on Wednesday the U.S. government cannot seize a midtown Manhattan office tower originally built by the Shah of Iran, whose owners it claimed were fronts for the Iranian government. The 2nd U.S. Circuit Court of …
The U.S. Supreme Court let stand a major insider-trading ruling that threatens at least 10 convictions and creates what the Obama administration calls a road map for securities fraud. Rejecting an administration appeal without comment, the justices refused to consider …
The chief U.S. prosecutor in Manhattan blamed gaps in federal law and “siloing” within General Motors Co. for the failure so far to charge any individual employees who may be responsible for faulty ignition switches linked to 124 deaths. The …
