Credit Suisse says NY mortgage case too little, too late
NEW YORK (Reuters) - Credit Suisse Group AG asked a court to dismiss a lawsuit by New York Attorney General Eric Schneiderman that accuses the Swiss bank of deceiving investors...
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Lawyer Chesley disbarred over ethics in diet drug settlement
NEW YORK (Reuters) - Stanley Chesley, a renowned class action attorney, was disbarred on Thursday by the Kentucky Supreme Court, which found him guilty of ethical violations in connection with...
AP wins ruling in copyright case against news aggregator
NEW YORK (Reuters) - The Associated Press won a ruling in a copyright lawsuit against news aggregator Meltwater News Service over its use of AP story excerpts without paying licensing...
Freddie Mac sues more than a dozen banks over Libor
NEW YORK (Reuters) - U.S. mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark interest rate known as...
Paulson hedge fund seeks dismissal of Abacus lawsuit
NEW YORK (Reuters) - Paulson & Co asked a judge to dismiss a lawsuit accusing the firm of conspiring with Goldman Sachs Group Inc to get a bond insurer to...
J.C. Penney puts disputed Martha Stewart goods on hold
NEW YORK (Reuters) - J.C. Penney agreed on Thursday to hold off on its plan to sell certain Martha Stewart-designed products in its stores at least until an April 8...
Martha Stewart defends J.C. Penney deal in Macy’s trial
NEW YORK (Reuters) - Martha Stewart said on Tuesday she was shocked that Macy's Inc had objected so strongly when she signed a deal with rival retailer J.C. Penney Co...
Penney CEO knew Martha Stewart deal stepped on Macy’s toes
NEW YORK (Reuters) - J.C. Penney Co Inc chief Ron Johnson knew before doing a deal with Martha Stewart that it would create a conflict with rival Macy's Inc ,...
Credit Suisse settles mortgage case with bond insurer Ambac
NEW YORK (Reuters) - Credit Suisse Group AG settled a lawsuit brought by bond insurer Ambac Financial Group Inc over misrepresentations on mortgage-backed securities that Ambac insured in 2007, according...
Macy’s CEO “sick to my stomach” over Martha Stewart deal
NEW YORK (Reuters) - Macy's Inc Chief Executive Terry Lundgren testified on Monday he was so appalled when Martha Stewart told him in 2011 that she was starting a new...