Robert Bob DuPuy, former Major League Baseball (MLB) president, has rejoined law firm Foley & Lardner's sports industry practice group in New York as a partner.
The NYSE Euronext (NYSE: NYX) and Frankfurt’s Deutsche Boerse have entered into an agreement to merge in a $10-billion transaction that is expected to result in the world's biggest trading vehicle for stocks and derivatives.
A U.S. judge approved a $7.2 billion settlement on Thursday to pay former customers of the Madoff firm, the largest yet in the worldwide search for money lost in Bernard Madoff's multibillion-dollar Ponzi scheme.
The U.S. Treasury may not have fully vetted the settlement of its interest in Chrysler Financial last year and not gotten a strong enough return for taxpayers, a bailout watchdog said in a report on Thursday.
The U.S. Treasury may not have fully vetted the settlement of its interest in Chrysler Financial last year and not gotten a strong enough return for taxpayers, a bailout watchdog said in a report on Thursday.
Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to persuade a U.S. appeals court to release them from a $65 million settlement over the founding of online social network Facebook.
Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to persuade a U.S. appeals court to let them out of a $65 million settlement over the founding of online social network Facebook.
The Securities and Exchange Commission's internal watchdog is reviewing an allegation that Robert Khuzami, the agency's top enforcement official, gave preferential treatment to Citigroup Inc executives in the agency's $75 million settlement with the firm, Bloomberg reported on Monday.
The five largest mortgage loan servicers, including Bank of America Corp and JPMorgan Chase & Co, may be the first to settle with 50 state attorneys general who are investigating foreclosure practices, Bloomberg reported, citing Iowa Attorney General Tom Miller.
Bank of America Corp agreed to pay Fannie Mae and Freddie Mac $2.8 billion to settle claims that it sold the mortgage finance companies bad home loans, signaling that the bank may be closer to containing its outsized housing losses.
Bank of America Corp agreed to settle outstanding claims on poorly underwritten mortgages it sold to government sponsored entities Fannie Mae and Freddie Mac, and said it will put aside $3 billion in the fourth quarter related to the claims.
Technology licensing firm Wi-Lan Inc said it would get more time to discuss infringement settlements with defendants as a U.S. federal court extended the trial date by about a month, after redefining a term in a patent related to its wireless products.
The federal judge in the Washington District of Columbia has granted preliminary approval to a long-running and highly contentious $3.4 billion Cobell Settlement - a move that could end the class action litigation over the mismanagement of trust fund assets for hundreds of thousands of Native Americans.
Washington Mutual Inc reached agreement to extend a key deadline in its $10 billion settlement that is at the end of its plan to end its bankruptcy, according to a court filing on Tuesday.
Ally Financial Inc, the lender formerly known as GMAC, on Monday said it agreed to pay $462 million to Fannie Mae to avoid having to repurchase poorly underwritten mortgages sold to the housing finance giant.
Global hospitality company, Hilton Worldwide, announced the finalization of an agreement with Starwood Hotels Resorts Worldwide to settle a lawsuit involving the alleged misappropriation of trade secrets.
The man assigned to recover money for Madoff's victims won his biggest settlement yet -- an agreement by the estate of longtime Madoff friend Jeffry Picower to give back $7.2 billion in profits from the epic fraud.
Wal-Mart Stores and Canada's biggest private-sector union have reached a settlement in their year and a half-long trademark dispute.
Bank of America Corp is in talks with a group of six investors to settle charges that it mishandled $16.5 billion in mortgages packaged into bonds, the Wall Street Journal reported on Wednesday.
Abbott Laboratories
and two other drugmakers will pay $421 million to settle allegations that they falsely inflated product prices to gain larger government reimbursement payments, the U.S. Justice Department said on Tuesday.Abbott Laboratories
and two other drugmakers will pay $421 million to settle allegations that they falsely inflated product prices to gain larger government reimbursement payments, the U.S. Justice Department said on Tuesday.(Corrects headline to show that Abbott will pay $126.5 million, not $121.5 million. There are no changes to the text)
