01/02/2022
The appeals court adopted that theory after U.S. District Judge Naomi Reice Buchwald in Manhattan had dismissed investor claims in 23 separate cases from the decade-old litigation.
12/30/2021
The complaint alleges that when the existing valuation firm refused to cave to Murstein’s pressure to increase the Bank’s valuation, Murstein fired the firm and hired a new firm to provide an inflated valuation of the Bank.
12/30/2021
The Kardashians’ former business manager Angela ‘Angie’ Kukawski has died in a suspected homicide aged 55.
12/30/2021
In addition, Gorilla provides a complete Security Convergence Platform to government institutions, telecom companies, and private enterprises with network surveillance and cybersecurity.
12/28/2021
Andrew Hollenbeck spent a dozen years at UBS AG units
12/28/2021
Notably, these proposals only have a 45-day comment period, which is shorter than the more customary 60- or 90-day comment periods.
12/28/2021
Goldman's new policies, communicated to staff on Monday, follow a week of rising COVID infections across the United States.
12/28/2021
Goldman was among the Wall Street banks that have pushed hardest to bring staff back into offices.
12/28/2021
Delaware Supreme Court establishes a streamlined demand futility test in derivative cases For years, the Delaware Courts used two different tests to analyze demand futility.
12/28/2021
If approved, the deal would build on a $920M settlement with the federal government over the investment bank's use of an outlawed trading practice.
12/23/2021
It is unclear why the central bank chose to delay the passing of the regulatory changes but it has left a multi-billion-dollar sector on tenterhooks.
12/22/2021
Although the industry’s self-regulator in 2013 had warned Merrill about problems with its monitoring of customer fund transfers
12/22/2021
Palombo requested $2 million in compensatory damages, $5 million in punitive damages and lawyers’ fees and costs, as well as the nullification of the CTP agreement, according to the award document.
12/22/2021
U.S. authorities have yet to locate the former lawyer connected to the Panama Papers offshore shell and tax haven leak
12/21/2021
The court said a decision last year by the English Court of Appeal to overturn an earlier High Court ruling was "misplaced" as the British government's recognition of Guaido as Venezuela's interim president was "clear and unequivo
12/21/2021
The U.S. Attorney’s Office for the District of Massachusetts today announced criminal charges against the five defendants named in the SEC’s action and that defendant Vladislav Kliushin was extradited from Switzerland.
12/21/2021
The same day, the SEC also proposed requiring issuers to make next-day disclosures of any repurchases they make of their equity securities.
12/20/2021
The public will have an opportunity to submit comments within 45 days after the proposed stock repurchase disclosure rules are published in the Federal Register.
12/20/2021
Firm also agrees to implement significant improvements to its compliance controls
12/20/2021
These actions are a violation of federal law, which requires all financial institutions to keep records of customer communications so that regulators can check whether companies are violating anti-fraud or antitrust laws.