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NEW YORK, Nov 25 (Reuters) - Bank of America Corp has asked a Manhattan federal court to dismiss an investor class-action lawsuit over its Merrill Lynch&Co purchase, including disclosures about Merrill's losses and bonus...
NEW YORK, Nov 24 (Reuters) - State Street Corp (STT.N: ) said on Tuesday it has granted retiring Chief Executive Ronald Logue a $6 million cash "transition award." According to a regulatory filing, the amount will vest on Jan....
NEW YORK, Nov 24 (Reuters) - Raj Rajaratnam, the billionaire founder of hedge fund firm Galleon Group, denied federal insider trading charges and accused the government of violating his constitutional rights with its use of...
NEW YORK, Nov 24 (Reuters) - Citigroup Inc said on Tuesday that it would sell its Diners Club North America credit card business to Canada's BMO Financial Group, as part of its strategy to shed noncore or unwanted assets. The...
NEW YORK (Reuters) - An Arkansas lawyer who once specialized in securities fraud litigation was sentenced in Manhattan federal court on Monday to 86 months in prison for stealing $9.3 million from clients.
Reuters - A Canadian attorney behind what U.S. prosecutors describe as the largest insider trading scheme in Canadian history was denied entry to the United States and could not be sentenced on Monday.
By Art Hughes ST. PAUL, Minn., Nov 23 (Reuters) - The government made a final effort to convince jurors on Monday that accused Ponzi schemer Tom Petters orchestrated a $3.65 billion fraud, and is not the victim he claims to be....
By Jonathan Stempel NEW YORK, Nov 23 (Reuters) - A Manhattan federal judge has dismissed a lawsuit alleging that Merck&Co's osteoporosis drug Fosamax causes jaw damage, two months after a jury deadlock led to a mistrial in a...
By Jonathan Stempel NEW YORK, Nov 23 (Reuters) - Bernard Madoff's bankruptcy trustee and the law firm employing him have asked a U.S. judge to be awarded $22.1 million in fees for five months of work, boosting their combined...
By Jonathan Stempel NEW YORK, Nov 23 (Reuters) - The trustee liquidating Thornburg Mortgage Inc has sued its former chief executive and chief financial officer for the return of documents and computer files, after learning they...
