Legal & Regulatory
Argentina Places Alternative Plan in U.S. to Settle Credit Litigation
Argentina is making an alternative payment plan to a U.S. appeals court in the U.S. for the settlement of a litigation with creditors that hold defaulted bonds and are demanding payment of $1.33 billion.
Blackberry Dismisses U.S. Shareholder Lawsuit
Blackberry received approval from U.S. District Judge Richard Sullivan for the dismissal of a shareholder lawsuit that was accusing it was seeking fraudulent obscurity of its falling market position.
Eaton Vance Files with SEC to Offer ETMF
Eaton Vance Management has filed with the U.S. Securities and Exchange Commission to offer exchange traded managed futures (ETMF) in a bid to prevent front-running from making exploitation of the strategies.
Chinese Couple Settle Insider Trading Charger Over Nexen Buyout
A Chinese businessman, along with his wife, has agreed to settle charges of insider trading into the Cnooc's buyout of Nexen of Canada.