02/08/2017
Company accused of scamming 9/11 first responders, NFL concussion victims
Authorities say the company charged interest rates as high as 250 percent and high fees on the advances, collecting millions of dollars in interest and fees.
Legal, Regulation & Compliance
02/08/2017
Indonesia to hold court hearing into Goldman Sachs's billion-dollar dispute with tycoon
Legal experts say the outcome could give an indication on whether the country's civil court proceedings will protect the rights of foreigners.
02/08/2017
Managers Aren’t Doing Enough to Encourage Whistleblowing
Some employees even claimed that they were fired for calling the internal ethics hotline.
02/08/2017
Whistleblower Alleges Swiss Bank Cheated in U.S Tax Pact
The verdict, which Schnellmann told finews.com he plans to appeal, is the result of a five-year criminal complaint into him by the bank, after their partnership soured in 2010.
02/08/2017
Whistleblower Alleges Swiss Bank Cheated in U.S Tax Pact
The verdict, which Schnellmann told finews.com he plans to appeal, is the result of a five-year criminal complaint into him by the bank, after their partnership soured in 2010.
02/08/2017
Judge defers ruling on dismissal of Cooperman insider trading case
Wells said Cooperman would now be willing to be deposed by the SEC.
02/07/2017
The Deloitte US/UK M&A deal monitor
The UK remains highly attractive for US dealmakers.
02/06/2017
U.S. charges fired Morgan Stanley wealth manager with theft
The bank was not accused of wrongdoing.
02/06/2017
Donald Trump loses multi-million dollar lawsuit after one of his golf clubs violated members' contracts
Players wishing to resign were locked out while still being billed up to $20,000 a year in fees
02/06/2017
Macri Family Firm Linked to Key Bank in Brazil Fraud Scandal
The financial institution's local office in Antigua and Barbuda, called Meinl Bank Antigua Limited, was acquired by Brazilian construction giant Odebrecht exclusively to launder funds.
02/03/2017
Tech billionaire Sparks New Zealand Passport-for-Sale Row
Opposition parties accuse the government of turning citizenship into an asset wealthy foreigners can buy.
02/03/2017
How Much Did Dodd-Frank Cost? Don’t Ask Banks
What data is available related to Dodd-Frank compliance costs provides an inconsistent picture about whether banks are burdened by the rule.
02/03/2017
SEC Charges Investment Adviser With Stealing Investor Funds
The complaint also names two hedge funds as relief defendants for the purposes of recovering investor assets in their possession.
02/03/2017
Cigna net profits skid on costs of pending merger
Today’s financial report shows that Cigna was hit with “special items” charges of $252 million
02/03/2017
Judge dismisses federal indictment of former stockbroker
U.S. District Judge Jose Linares rejected the government's argument that its 2016 indictment was timely
02/02/2017
CI Investments becomes signatory to UN Principles for Responsible Investing
In becoming a signatory, CI joins some of the world's largest investment managers
02/01/2017
2016 loss hits $7.9M at Heartland Bank; Cayman loan cited
Platinum Partners and its funds also are being investigated on accusations it overvalued its assets.
02/01/2017
Crowdfunding website set up by ex-Linklaters associate launches in US to help bring legal actions against Donald Trump
CrowdJustice part-funded the Brexit judicial review, now it’s heading across the pond
01/31/2017
SEC Announces Charges in Hamilton Ticket Resale Ponzi Scheme
The SEC alleges no such agreement or purchase ever happened.
01/31/2017
The City That Never Sleeps Should Take a Nap
In fact, there have been no changes in federal law.