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By Alanna Byrne |
May 22, 2012
This has been the month of Yahoo executives behaving badly. Just a week after CEO Scott Thompson resigned for lying on his resume, another of the company’s higher-ups has landed in hot water, this time for insider trading.
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By Julie Beck |
May 22, 2012
A groundbreaking antitrust case is taking place over something so small as a vitamin.
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By Alanna Byrne |
May 21, 2012
The 3rd Circuit ruled Friday that fiberglass manufacturer Owens Corning Sales could be liable for reportedly defective roof shingles despite having filed for bankruptcy, in a decision that limited one of the court’s earlier bankruptcy rulings.
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By Alex Vorro |
May 21, 2012
It appears as though Dewey & LeBoeuf’s hiring of bankruptcy counsel Albert Togut in April really was foreshadowing for a final filing. Despite many assertions to the contrary by firm leadership, of which all save for one already has jumped ship, the Wall Street Journal reported Friday that the New...
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By Alex Vorro |
May 18, 2012
Big things are afoot in Portland, Ore. Athletic merchandise giant Adidas AG filed a lawsuit this week in federal court seeking to stop a skateboarding equipment maker and regional sporting goods retail chain from selling shoes allegedly too similar in design to its own.
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By Alanna Byrne |
May 16, 2012
A Pennsylvania appeals court reinstated a $500 million lawsuit that charges law firm K&L Gates with mishandling an internal investigation into now-bankrupt drink maker Le-Nature Inc.
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By Alex Vorro |
May 15, 2012
The tensions rose another notch yesterday in the 7-year-old fraud case against former AIG CEO Maurice Greenberg and CFO Howard Smith. Greenberg bit back at New York Attorney General Eric Schneiderman, claiming that the state should be barred from invoking a 91-year-old state law in the case.
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By Cathleen Flahardy |
May 14, 2012
CBS is crying foul over a new ABC show called “The Glass House.”
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By Ashley Post |
May 14, 2012
Last week, Toronto Dominion Bank became the latest financial institution to settle with customers who accused it of charging them excessive overdraft fees.
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By Alex Vorro |
May 10, 2012
Arthur Levitt thinks corporate executives can do a better job. The former Securities and Exchange Commission chairman opined yesterday that public companies should prevent top executives from borrowing against their equity stakes.
