Legal & Regulatory

Richmond sues Chevron Corp for willful negligence in last year's refinery fire

The City of Richmond filed a lawsuit against Chevron Corp over a refinery fire that occurred last year.


San Francisco District judge denies class action certification by women filing case against Wal-Mart

San Francisco U.S. District Judge Charles Breyer rejected a motion filed by women workers of Wal-Mart's California offices as a class action lawsuit.

Tourre’s defense leads to trial loss

Goldman Sachs ex-trader Fabrice Tourre was found guilty by a Manhattan jury in his role in the subprime mortgage-back deal known as Abacus in 2007.

Federal, state regulators make remedies for Apple's e-book price-fixing

The federal and state regulators proposed remedies for Apple Inc's e-book price-fixing. On Friday, the US Department of Justice and 33 US states said that Apple Inc deserved a five-year ban from participating in anti-competitive e-book distribution deals.


Latest News

Microsoft expressed its concern regarding the "Spying on Kiwis" Bill during a committee meet last Thursday.
Last Thursday, jurors looked for clarity on information to be able to decide on the case of the former Goldman Sachs vice president, Fabrice Tourre.
Carl Icahn sued Dell Inc. last Thursday as he tried to disrupt a USD24.4 million takeover bid from founder, Michael Dell and Silver Lake.
JPMorgan was accused by Siena prosecutors with obstruction in the Monte Paschi probe after withholding information from regulators who conducted the investigation.
DBS Group Holdings Ltd ended its offer to takeover the controlling stake for PT Danamon Indonesia valued at USD6.5 billion after failing to meet regulatory approval.
After six hours of trial, District Court Judge, Katherine Forrest sent the jury home and will resumed deliberation on Tourre's case on Thursday.
IBM cooperated on the SEC probe of its cloud revenue. IBM Corp. stated Wednesday that it was cooperating with US regulators on a probe of its cloud revenue.
The rejection of Fiat SpA's request to value 54,000 Chrysler shares by the Delaware Chancery Court allowed the United Auto Worker's retiree trust case to go to trial but Fiat remained unfazed.
Fiat failed to persuade a Delaware judge to put prices on some Chrysler shares, resulting to a delay in its planned merger.
Google's search results were scrutinized by EU antitrust regulators. Google's search result was scrutinized by EU antitrust regulators. A European Commission questionnaire asked Google's rivals if lower rankings had any effect with regard to the number of visitors to their sites.
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