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By Andrew Harris, Bloomberg |
March 14, 2013
A patent trial pitting International Securities Exchange LLC against Chicago Board Options Exchange Inc. was canceled on its scheduled opening day in federal court in Chicago.
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By Andrew Harris, Bloomberg |
March 11, 2013
International Securities Exchange is set to renew legal hostilities with Chicago Board Options Exchange Inc. in a fight over an automated trading patent.
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By Jef Feeley and Allen Johnson Jr., Bloomberg |
February 25, 2013
BP Plc, Transocean Ltd. and Halliburton Co. are seeking to avoid billions of dollars in damages by proving in court that mistakes leading to the 2010 Gulf of Mexico oil spill didn’t amount to gross negligence.
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By Patricia Hurtado |
February 20, 2013
The FBI is working with the SEC in a criminal probe of trading “anomalies” before the announcement of a deal to buy H.J. Heinz Co.
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By Joshua Gallu, Bloomberg |
February 8, 2013
The U.S. Securities and Exchange Commission sued a Chicago man over claims he fraudulently raised more than $145 million primarily from Chinese investors by promising that their investments would provide a pathway to U.S. citizenship.
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By Phil Mattingly and Edvard Pettersson, Bloomberg |
February 5, 2013
The U.S. is seeking as much as $5 billion in penalties from McGraw-Hill Cos. and its Standard & Poor’s unit as punishment for inflated credit ratings that were central to the worst financial crisis since the Great Depression.
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By Edvard Pettersson, Bloomberg |
February 5, 2013
McGraw-Hill Cos. and its Standard & Poor’s unit were sued by the U.S. over claims S&P knowingly understated the credit risks of bonds and derivatives that were central to the worst financial crisis since the Great Depression.
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By Karen Gullo, Bloomberg |
January 31, 2013
Russell Wasendorf Sr., the founder of now-bankrupt commodities firm Peregrine Financial Group Inc., was sentenced to 50 years in prison for what prosecutors said was a theft of more than $215 million from customers.
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By Sara Forden |
December 27, 2012
The Chamber of Commerce intends to appeal a judge’s decision to uphold a rule requiring mutual funds invested in commodities to register with the CFTC.
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By Bob Van Voris and Andrew Harris |
December 16, 2012
JPMorgan won final approval of a $44.6 million settlement of a class-action lawsuit alleging that the bank rigged bids for municipal bonds.
