Mark Murrel and two others charged with insider trading for Dow Chemical Co's acquisition of Rohm & Haas Co in 2008.
Legal & Regulatory
Reserve Bank of India: Private Placement Rules On Hold
The Reserve Bank of India is implementing a notification for private placements from non bank financial firms.
Rifco Issues Common Shares to Employees
Rifco Inc. issued common shares to employees under its Employee Share Ownership Plan. (Photo : Reuters)TSX Venture Exchange is a Canadian stock exchange that trades Rifco shares.
Nasdaq Asks Judge to Dismiss Facebook IPO Role Suit
Nasdaq asked a judge to dismiss lawsuits filed by investors and argued that it is a self regulatory organization and could not be sued for actions taken as a part of its regulatory responsibilities.
HSBC settles a record US$1.92 billion money-laundering case
HSBC Holdings Plc settled with the federal and state investigators's charges against it for US$1.92 billion.
Latest News
Sprint Nextel face lawsuit for tax fraud in the state of New York (Photo : Reuters)The image is the facade of a Sprint store. Sprint Nextel is currently facing a lawsuit in the State of New York for charges that the telecoms company did not collect or pay millions of dollars worth of taxes for its cellular phone service.
Private equity insurance deals stalled by authorities' probe. The sale of private equity insurance encountered a road block as regulators decided to review these transactions.
Sinovel was charged with stealing AMSC's trade secrets and using the same illegally. (Photo : Reuters)Sinovel imported its wind turbines to the US.
China started its investigation on the "dumping" of EU wine in the country. (Photo : Reuters)Chinese authorities started probe on EU wine imports today.
Citi Group would pay Fannie Mae US$968 million for potential mortgage repurchase claims incurred between 2000-2002.
Banks, Markit, and ISDA were charged with cutting off two credit derivatives transactions by the EU.
Sinovel, formally charged with source code theft, divested four of its units outside China. (Photo : Reuters)This is the headquarters of Sinovel in China.
The European Union accused 13 investment banks for conniving against rivals in the credit derivatives industry.
The government of India may allow foreign retail stores such as Walmart and Tesco to come into the industry without any of those conditions given that their multi-brand retail venture is less than 50%.
