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Tyco law firms seek record $464M in fees

Three law firms are seeking a record $464 million in legal fees for their work in winning a $3.2 billion securities fraud settlement from Tyco International Ltd. and PricewaterhouseCoopers LLP. The firms, Grant & Eisenhofer, Milberg Weiss, and Shiffrin, Barroway, ...

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Bush defends Mukasey’s answer about waterboarding

President George W. Bush defended Michael Mukasey’s refusal to declare so-called waterboarding illegal, saying the attorney general nominee has no direct knowledge of interrogation techniques. Bush, prodding the Senate to confirm Mukasey, told reporters at the White House that lawmakers ...

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Feds collect $2 billion from fraud cases

The U.S. government collected $2 billion from civil fraud cases in the past fiscal year, with most of the money from a Justice Department probe of the drug industry that produced settlements with Bristol-Myers Squibb Co. and Aventis Pharmaceuticals Inc. ...

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