The picture is of three firefighters, covered in soot, hoisting the flag while standing amid the ruins of the World Trade Center the day of the attacks.
Read More »Morgan Stanley Employee Sues Over Whistleblowing Claim
Saeed Ahmad alleged he was demoted after he conducted audits and told superiors about the risks the bank was taking and what he saw as a lack of adequate controls.
Tagged with: Morgan Stanley whistleblower
Read More »SEC sues China Intelligent Lighting for fraudulent offering
The complaint says China Intelligent Lighting and NIVS IntelliMedia Technology Group made false representations and raised funds in initial public offerings in 2010.
Read More »SAC Capital indicted in six-year insider trading probe
The insider trading scheme involved more than 20 companies and went back as far as 1999, the U.S. said.
Read More »Spirits of St. Louis reopen claim for more TV revenue
The Spirits of St. Louis, a short-lived American Basketball Association team that has made more than $200 million from a 1976 settlement with the National Basketball Association, reopened the lawsuit to claim additional television revenue from the league.
Read More »Administrative action by SEC is ‘bizarre,’ judge says
The U.S. Securities and Exchange Commission’s decision to file an administrative action against former Goldman Sachs Group Inc. director Rajat K. Gupta, rather than sue him, is “bizarre,” a judge in a Galleon Group LLC case said.
Read More »American Express can’t bar merchants’ class actions, court says
American Express Co. can’t force merchants to resolve disputes with the company individually rather than in class-action lawsuits, a federal appeals court said Tuesday, confirming an earlier ruling.
Read More »Man accused of threatening judges to get a third trial
Hal Turner, the Internet blogger charged with threatening the lives of three U.S. appeals court judges, will get a third trial after jurors said they were deadlocked at his second. Turner, 47, of North Bergen, N.J., faced a single count ...
Read More »Dan Rather loses bid to appeal his CBS lawsuit
Ex-CBS Corp. anchorman Dan Rather was denied a bid to appeal a lower court’s decision that dismissed his lawsuit against network executives in which he claimed he was fired to appease former President George W. Bush. The New York State ...
Read More »Lawyer convicted of plan to ‘neutralize’ witnesses
Robert Simels, a New York criminal defense lawyer, was convicted by a jury of a scheme to “eliminate” and “neutralize” federal witnesses slated to testify against one of his clients. Simels, a former Special Assistant Attorney General for New York’s ...
Tagged with: Robert Simels
Read More »A 21st century pirate faces 19th century law
Abduwali Muse won’t suffer the fate of pirates convicted in colonial New York if he’s found guilty of hijacking a U.S.-flagged cargo ship in the Gulf of Aden. He won’t be executed, tarred, stuck in an iron frame and strung ...
Tagged with: Abduwali Muse piracy pirates
Read More »