The U.S. Supreme Court on Monday considered whether state class actions can go forward against two law firms and other professionals accused of aiding convicted Ponzi schemer R. Allen Stanford.
A lawyer who drank too much wine tried to imply he was a “big shot” by blurting out an indirect reference to one of his corporate clients during a pending…
Without admitting wrongdoing, Canada’s second-largest bank has agreed to pay $52.5 million to settle complaints by U.S. regulators that it failed to put the brakes on a Florida lawyer who…
Almost exactly five years after the collapse of Lehman Brothers nearly sank the U.S. economy, regulators of the banking industry remain concerned that the country’s six largest lending institutions may…
Shook Hardy & Bacon has not admitted liability. However, the 500-lawyer, Kansas City, Mo.-based law firm has agreed to settle for $5 million a bankruptcy trustee’s civil complaint contending that…