The U.S. Supreme Court on Wednesday considered whether insider trading includes tips on material, nonpublic information passed between relatives and friends, without any financial benefit to the insider providing the…
After a federal jury Wednesday found that the city of Miami committed fraud when it sold more than $150 million in municipal debt, it’s likely that the Securities and Exchange…
A shareholder lawsuit settled 18 days after filing benefited the lawyers who would receive $370,000, but the disclosures required by the deal in advance of a merger were of little…
A federal appeals court has reinstated a claim against the Venable law firm in a suit by investors who say the law firm’s client scammed them into paying $11.25 million…
A federal judge in Philadelphia has blocked Rite Aid’s $135 million suit in state court against its convicted former chief counsel and vice chairman because of a release signed by…
A Delaware chancery judge’s decision last week that a buyout group paid too little for Dell Inc. is drawing praise from shareholder advocates and creating alarm in corporate boardrooms.
Only 47 people have been charged in 156 criminal and civil cases filed by the government since 2009 against the nation’s 10 largest banks, according to a newspaper analysis.
A federal appeals court has overturned a $1.27 billion civil penalty against Bank of America for risky loans sold to Fannie Mae and Freddie Mac by its Countrywide unit.
A disbarred New York securities lawyer who subsequently moved to Florida has been sentenced to 2½ years in prison and ordered to pay $1.95 million to the Internal Revenue Service…