SEC sues hedge fund billionaire for insider trading in energy deal
The Securities and Exchange Commission (SEC) on Wednesday filed a civil suit in federal district court against Leon Cooperman , billionaire and head of major hedge fund firm Omega Advisors . Cooperman is...
The Government Development Bank for Puerto Rico (GDB) announced its agreement with various state chartered credit unions in Puerto Rico whereby the maturity date of approximately $33 million of notes issued in a limited private...
JURIST Guest Columnists David Frakt discusses President Obama's recent Supreme Court nomination...Yesterday, President Obama nominated Judge Merrick Garland to serve on the US Supreme Court. Within minutes, the Republicans in the Senate confirmed, as they had previously made clear, that...
A judge for the US District Court for the Southern District of New York on Wednesday lifted injunctions blocking Argentina from paying its restructured debt. According to Judge Thomas Griesa, the circumstances of the situation have...
Federal appeals court rules for FDA on menthol cigarette report
The US Court of Appeals for the District of Columbia Circuit ruled Friday that the Food and Drug Administration (FDA) may use a report on menthol cigarettes. The tobacco companies argued...
Federal judge orders Congress to cooperate with insider trading probe
A judge for the US District Court for the Southern District of New York has ordered a US House of Representatives committee and a former staffer to cooperate with an insider trading investigation into a...
US Attorney for the Southern District of New York Preet Bharara on Thursday dropped a high-profile insider trading case, stating that he is moving to dismiss the charges against seven defendants. The defendants are former...
Supreme Court declines request to review insider trading case
The US Supreme Court on Monday rejected an appeal by the US Department of Justice in the case of two former hedge fund traders whose insider trading convictions were overturned...
Class action lawsuit filed against maker of Natural American Spirit cigarettes
The company that manufactures American Spirit cigarettes is the subject of a new class action lawsuit . The lawsuit, filed by a Florida law firm Wednesday against Santa Fe Natural Tobacco Company and its parent company...
SEC charges former software executive with bribery violations
The US Securities and Exchange Commission on Wednesday announced that a former software executive at SAP SE (SAP) , Vincente E. Garcia, agreed to settle charges filed against him for violating the Foreign Corrupt Practices...
