A Delaware judge upheld the Airgas "poison pill," siding against Air Products & Chemicals' challenge to the takeover defense and setting the stage for a likely Delaware Supreme Court challenge.
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What CEO James Dimon knew about Bernard Madoff's fraud is at the heart of a lawsuit alleging that J.P. Morgan Chase ignored or dismissed warning signs about the fraud even as it earned hundreds of millions from its relationship with the firm.
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The Justice Department called for stiffer punishment for insider-trading suspects, saying the complexity of new schemes like the recent cases of alleged wrongdoing at "expert networking" firms show a need for longer prison sentences.
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Federal prosecutors could seek to play more than 170 secretly recorded conversations as part of their insider-trading case against Galleon Group founder Raj Rajaratnam.
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Prosecutors have asked a judge to order Galleon Group founder Raj Rajaratnam to turn over a list of expert witnesses and secretly recorded conversations he intends to use at trial.
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Barclays Capital secretly "manipulated" the sale of Del Monte Foods to buyout firms to boost its fees, ruled a Delaware judge, who delayed the deal's closing to give others a chance to bid.
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Aaron Buerge, whose turn on ABC's "The Bachelor" in 2002 ended with a broken engagement, sought bankruptcy protection Friday in Kansas City. The Springfield, Mo., resident reported liabilities of $9.3 million and assets of $2.3 million.
Borders Group Inc. filed for Chapter 11 protection in New York on Wednesday and will close 30% of its stores, the International Swaps and Derivatives Association is backing J.P. Morgan Chase & Co. in its $70 billion legal battle with Lehman Brothers Holding Inc. and Bernard Madoff said in an interview published online Tuesday that banks and hedge funds were "complicit" in his Ponzi scheme.
The wheels of justice don't always move quickly.
Last week, as we reported here, the California Supreme Court ruled it was illegal for retailers to ask customers for their ZIP codes during credit card transactions.
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Federal prosecutors unveiled criminal charges alleging that Donald Longueuil traded on insider information when he worked at hedge fund SAC Capital Advisors—and then destroyed his computer drives when he heard about the investigation.
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Banking is the latest industry to be swept up in a wave of lawsuits that accuse companies of breaking the law by using expired patent numbers.
Federal agents conducted their largest ever roundup of suspected mob members and associates, charging 127 people in the Northeast with crimes ranging from execution-style slayings to illegal card games.
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A spike in lawsuits against Chinese companies that have listed on U.S. exchanges contributed to a rise in securities-fraud cases in 2010, according to a new report.
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A court heard the sequel to one of the Web's most storied legal quarrels: whether Facebook's Mark Zuckerberg stole the idea for the influential social-networking site.
Former U.S. House Majority Leader Tom DeLay, once one of the most powerful politicians in Texas and Washington, was sentenced to three years in state prison for conspiracy to commit money laundering.
The U.S. Justice Department obtained a court order asking Twitter to turn over information about WikiLeaks-related accounts, the latest twist in a broad investigation of the document-leaking website.
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