Japanese Subsidiary of UBS Pleading Guilty to Fraud
On Wednesday, UBS made history by earning the dubious honor of becoming the first global bank in the last two…
Legal News
Court Rules for Warrantless Use of Cell Phone Location Data
On Friday, in a blow to privacy activists, U.S. District Judge Ellen Segal Huvelle ruled during a retrial that in…
Insurers File Lawsuit to Avoid Paying in School Sex Abuse
In a lawsuit unsealed Tuesday at the Brooklyn federal court, two insurers, the Travelers Casualty and Surety Company of America…
FBI Arrests 26 People for Immigration Fraud; 21 from Law Firms
In a press release from the FBI, 26 people have been charged by federal prosecutors with filing hundreds of asylum…
Dillard’s Agrees to $2 Million Settlement in Discrimination Case
It was announced earlier this week that the department store Dillard's Inc. will pay $2 million to settle charges that…
Executive from AU Optronics Convicted of Price-Fixing Scam
On Tuesday, the Justice Department announced that an executive from the Taiwan company of AU Optronics has been found guilty…
Former University Admin Loses Lawsuit Appeal Against School
Crystal Dixon, a university administrator who was fired for authoring a newspaper editorial that said homosexuality is a choice, lost…
Apple Wins another Round against Motorola
On Tuesday, Administrative law Judge Thomas Pender ruled in an entry on the U.S. International Trade Commission docket that a…
Texas Gun Store Owner Offers Discounts to Teachers
A gun store owner in Austin, Texas has made an offer to teachers in the aftermath of the Newtown, Connecticut…
Cerberus to Sell its Stake of Gun Maker Following Connecticut School Shooting
Cerberus, the private equity firm that has a stake in a firearms company, has said it will sell its stake…
No Charges Filed Against California Man Who Threatened Schools Online
According to prosecutors on Monday afternoon, a man from California will not face charges after making threats against elementary schools…
Morgan Stanley Fined by Massachusetts over Facebook IPO
On Monday, William F. Galvin, the secretary of the commonwealth of Massachusetts, accused Morgan Stanley of improperly influencing the way…