JPMorgan to pay $18.3 million to settle mortgage lawsuit
(Reuters) - JPMorgan Chase & Co has agreed to pay $18.3 million to settle claims that documents for mortgages acquired by a unit of Bear Stearns Cos failed to disclose...
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JPMorgan to pay $18.3 million to settle mortgage lawsuit
(Reuters) - JPMorgan Chase & Co has agreed to pay $18.3 million to settle claims that documents for mortgages acquired by a unit of Bear Stearns Cos failed to disclose...
Two U.S. traders plead guilty in Venezuelan bank bribery case
NEW YORK (Reuters) - Two former employees of a New York broker-dealer pleaded guilty on Thursday to conspiring to pay kickbacks to Venezuelan state banking officials, as U.S. prosecutors moved...
U.S. judge tosses BlackRock iShares compensation case
(Reuters) - BlackRock Inc has won the dismissal of a lawsuit claiming it looted securities-lending revenues from iShares exchange-traded funds investors, with a U.S. judge ruling the plaintiffs did not...
Blackstone to pay $85 million to settle lawsuit over IPO
NEW YORK (Reuters) - Blackstone Group LP has agreed to pay $85 million to settle an investor class action lawsuit accusing the private equity giant of not disclosing bad investments...
U.S. judge wants external monitor for Apple in e-books case
NEW YORK (Reuters) - A U.S. judge weighing remedies to assure that Apple Inc does not fix prices again in the e-books market said on Tuesday that she plans to...
Following NY lawsuit, online lender to cease funding loans
NEW YORK (Reuters) - An online lender accused by the New York attorney general of "scamming" consumers with high interest rates says it will cease funding loans next week. Western...
Sirius XM sued for digital royalty underpayment
(Reuters) - A U.S. nonprofit charged with collecting digital royalties for music artists sued satellite radio service provider Sirius XM Radio Inc for at least $50 million on Monday for...
Former Grant Thornton partner pleads guilty to stealing $4 million
NEW YORK (Reuters) - A former partner at Grant Thornton pleaded guilty on Wednesday to stealing nearly $4 million in client payments to the global accounting firm. Craig Haber, who...
Madoff was in ‘love triangle’ with employee: U.S. prosecutors
NEW YORK (Reuters) - Bernard Madoff was in a "love triangle" involving one of five former employees who are about to go on trial for helping him run his multibillion-dollar...