The U.S. Securities and Exchange Commission won a delay in its securities fraud lawsuit against Citigroup Inc, as the regulator tries to appeal a judge's decision to reject its $285 million settlement with the bank.
The SEC is employing a host of new techniques in order to catch Wall Street crooks.
The Securities and Exchange Commission filed an emergency request to put its securities fraud lawsuit against Citigroup Inc on hold, saying a failure to delay the case would derail its proposed settlement with the bank and threaten "irreparable" harm.
Top prospect Gunner Kiel has delayed his decision on where he will attend college. Indiana's Mr. Football in 2011 is reportedly choosing between LSU, Vanderbilt and Notre Dame.
As early as 2000, U.S. health authorities raised concerns about the French breast implant maker at the heart of a scandal affecting hundreds of thousands of women worldwide. That was almost ten years before the company came under scrutiny from European regulators.
Taking a page from Judge Jed Rakoff: a month after a Securities and Exchange Commission settlement with Citigroup was rejected, federal judge in Milwaukee pressed the agency to explain its vague deal with a Wisconsin headphones manufacturer.
Facebook revealed its top 10 most popular games played on its social platform this year. Zynga had four games in the top 10, but did not claim the No. 1 spot; Playdom's Gardens of Time had that honor.
Kevin Ryan, chief executive of online retailer Gilt Groupe, is keeping close tabs on congressional legislation that might enable him to have more shareholders in his young company.
The value of a person's home will be excluded from net worth calculations used to determine whether an individual may invest in certain unregistered securities offerings, the Securities and Exchange Commission said Wednesday as it moves to adopt new standards under the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.
Daniel Mudd, the former CEO of Fannie Mae, will take a leave of absence as CEO of Fortress Investment Group in the wake of an Securities and Exchange Commission (SEC) lawsuit.
California Attorney General Kamala Harris on Tuesday sued Fannie Mae and Freddie Mac after the mortgage companies' regulator, the Federal Housing Finance Agency (FHFA), tried to block subpoenas seeking mortgage information.
Prosecutors have been aggressively enforcing the Foreign Corrupt Practices Act over the last several years to combat overseas bribery, hitting a peak of 48 lawsuits in 2010. Now the U.S. Chamber of Commerce is leading the effort to narrow the scope of the law.
The upstart wireless company that is being bankrolled by Philip Falcone's $5 billion Harbinger Capital Partners hedge fund could run out of money during the second quarter of 2012, according to the company's financial statement.
Bank of America CEO Brian Moynihan ate his words as the Charlotte, N.C.-based bank once again resorted to non-investor-friendly measures to raise capital, despite saying the bank would not take such actions.
U.S. securities regulators on Friday charged Daniel Ruettiger -- the inspiration behind the 1993 movie Rudy -- and 12 others with running a scheme to deceive investors into buying stock in Ruettiger's sports drink company.
The Securities and Exchange Commission (SEC) on Friday sued six former executives of Fannie Mae and Freddie Mac with securities fraud, alleging that they knew and approved of misleading statements related to the companies' holdings of subprime loans.
Securities regulators sued former top executives at Fannie Mae and Freddie Mac on Friday, saying they misled investors over exposure to risky mortgages.
Playboy model Megan Dills will miss a photo shoot Saturday after suffering injuries at an Indiana Hoosiers college basketball game in Bloomington. Fans stormed the court after the Hoosiers hoisted a three-point buzzer-beater to win the game. Dills got caught up in the rush and injured her ankle.
Playboy model Megan Dills will miss her next photo shoot because of ankle injuries she suffered after Indiana Hoosiers basketball fans stormed the court after their team's upset win over the Kentucky Wildcats in Bloomington, Ind. on Saturday.
"We believe the district court committed legal error by announcing a new and unprecedented standard" for approving settlements, Robert Khuzami, head of the Securities and Exchange Commission's enforcement division, said in a statement Thursday.
Enforcement officials at the Securities and Exchange Commission will reportedly recommend that the agency appeal a federal judge's November decision rejecting a $285 million settlement with Citigroup.
Avon Products Inc. is beginning its search for a new chief executive officer to replace Andrea Jung, who will remain with the company as a chairman at the beginning of the New Year.
Jive was up as much as 38 percent during the trading day on the NASDAQ Stock Market, reaching an intraday high of $16.50. The company, based in Palo Alto, Ca., said in a statement it sold 13.4 million shares at $12 each after originally planning to sell 11.7 million shares at $8 to $10 each.
The top pre-market NASDAQ stock market gainers are: Urban Outfitters, Diamond Foods, Netflix, Arena Pharma, DryShips and Clearwire. The top pre-market NASDAQ stock market losers are: ProShares UltraPro Short and Amazon.
The turbulent stock market may throw up obstacles in front of two initial public offerings on tap, including on-line game site Zynga as well as workplace social networking developer Jive Software.
Wal-Mart began an internal investigation within the last seven months to determine whether some overseas incidents violated U.S. federal law.
Philip Falcone, the hedge fund manager who became an overnight billionaire by betting on the collapse on the U.S. housing market, is now fighting to keep his career afloat.
Smithfield Foods, the McDonald's McRib pork supplier that has come under fire from The Humane Society of the United States, said Thursday its progress toward conversion from gestation crates for its pigs was on track to be completed by 2017.
Former MF Global chief Jon Corzine apologized to those harmed by the brokerage firm's collapse, but said he didn't directly manage customer funds and doesn't know where the missing money is.
The SEC on Thursday charged Wachovia Bank N.A. -- now Wells Fargo Bank following a merger in March 2010 -- with fraudulently engaging in secret arrangements with bidding agents to improperly win business from municipalities and guarantee itself profits in the reinvestment of municipal bond proceeds.