Facebook Inc. and Chief Executive Officer Mark Zuckerberg sued DLA Piper LLP and other lawyers they claim colluded with Paul Ceglia in a fraudulent multibillion-dollar claim to half the social network.
Read More »NSA phone-data sweep draws skeptical questions on appeal
The National Security Agency’s collection of phone records, challenged by the American Civil Liberties Union as an illegal government attempt to put millions of Americans under permanent surveillance, drew skeptical questions from a federal appeals court.
Tagged with: National Security Agency
Read More »Facebook claimant loses bid to dismiss fraud charges
Paul Ceglia, the man who claims he’s entitled to half of Facebook Inc., lost a bid to throw out charges he faked a contract, destroyed evidence and created phony e-mails in a suit against the company’s founder, Mark Zuckerberg.
Read More »Foreign-exchange judge names firms to lead antitrust case
Scott & Scott and Hausfeld LLP were named interim lead lawyers for U.S. investors suing banks, claiming they manipulated rates for determining foreign exchange prices.
Read More »Ex-SAC fund manager Martoma found guilty of insider trading
Former SAC Capital Advisors fund manager Mathew Martoma was found guilty Thursday in the most lucrative insider trading scheme ever.
Tagged with: insider trading
Read More »Star witness against SAC’s Martoma initially lied to FBI
The prosecution’s star witness against Mathew Martoma testified that he lied about passing inside information to the former SAC Capital Advisors fund manager.
Read More »NSA call data collection program ruled lawful
The National Security Agency’s collection of telephone call metadata is legal, a federal judge ruled, contradicting an earlier ruling in one of several cases tied to the surveillance initiative.
Tagged with: National Security Agency
Read More »Altria wins decision barring medical monitoring case
Smokers can’t use New York law to force tobacco giant Altria Group Inc.’s Philip Morris USA unit to pay for tests they claim would provide early detection of lung cancer, the state’s highest court ruled.
Read More »Oil probe document disclosure won’t be delayed, court rules
Crude oil traders including Morgan Stanley and Royal Dutch Shell lost a bid to temporarily block disclosure of millions of trading records and other documents from a six-year U.S. probe while an appeals court hears the case.
Tagged with: crude oil
Read More »Comedian Louis CK sues union over pension contribution claim
The comedian Louis CK’s production company sued to block a claim for $28,000 in health and benefit contributions tied to his work as editor of his FX Networks LLC series “Louie.”
Read More »World Trade Center developer’s lawsuit thrown out
The judge ruled that the $4 billion real estate developer Larry Silverstein received in a 2007 settlement with World Trade Center insurers fully compensated him for any damages he could have claimed.
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