Swiss bank Wegelin to close after guilty plea
NEW YORK (Reuters) - Wegelin & Co, the oldest Swiss private bank, said on Thursday it would shut its doors permanently after more than 2 1/2 centuries, following its guilty...
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Ex-directors of Satyam win ruling in U.S. class-action suit
NEW YORK (Reuters) - A U.S. federal judge dismissed claims against seven former directors of Satyam Computer Services Ltd in shareholder lawsuits stemming from the massive fraud at the heart...
Argentina asks U.S. court to block payouts for debt holdouts
NEW YORK (Reuters) - Argentina is urging a U.S. appeals court to reverse an order requiring the country to pay $1.33 billion to creditors who did not participate in its...
Paramount settles lawsuit with family of ‘Godfather’ author
NEW YORK (Reuters) - The studio that made "The Godfather" movies has settled a lawsuit with the estate of author Mario Puzo, who created the Mafia family saga. Paramount Pictures...
Ex-SAC fund manager indicted in insider trading scheme
NEW YORK (Reuters) - Federal prosecutors on Friday lost one opportunity to build a case against hedge fund manager Steven A. Cohen when a grand jury indicted one of Cohen's...
Paramount settles lawsuit with family of ‘Godfather’ author
NEW YORK (Reuters) - The studio that made "The Godfather" movies has settled a lawsuit with the estate of author Mario Puzo, who created the Mafia family saga. Paramount Pictures...
Ex-SAC fund manager indicted in insider trading scheme
NEW YORK (Reuters) - Federal prosecutors on Friday lost one opportunity to build a case against hedge fund manager Steven A. Cohen when a grand jury indicted one of Cohen's...
Madoff’s younger brother sentenced to 10 years for role in fraud
NEW YORK (Reuters) - The younger brother of Bernard Madoff will serve 10 years in prison for his role in his brother's Ponzi scheme that stole billions of dollars from...
Two former fund managers guilty of insider trading
NEW YORK (Reuters) - Two former hedge fund managers were convicted on Monday of illegal trading in Dell Inc stock based on secret information supplied by research analysts, the latest...
Two former fund managers guilty of insider trading
NEW YORK (Reuters) - Two former hedge fund managers were convicted on Monday of illegal trading in Dell Inc stock based on secret information supplied by research analysts, the latest...