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Legal

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U.S. court revives BP retirement-plan suit filed after oil spill

16/07/2014(0)
A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans alleged they were deceived into buying and holding BP ... Read More
Ernst-Young-EY

Ernst & Young settles SEC accusations for $4 million

15/07/2014(0)
Ernst & Young agreed to pay $4 million to settle charges that it compromised its independence. Ernst & Young has agreed to pay $4 million to settle charges by ... Read More
Government Communications Headquarters (GCHQ)

UK Government defends mass interception of online data at tribunal

15/07/2014(0)
Mass interception of online communications by intelligence agencies is necessary – even if only one person is being targeted, lawyers for the UK government have told a tribunal hearing ... Read More
Yanukovych

Former Ukraine president sues EU over sanctions

15/07/2014(0)
Former Ukraine president Viktor Yanukovych, ousted by pro-Western protests, has filed a suit with EU’s top court against sanctions Brussels has imposed on him and two sons. The European ... Read More
Rajat Gupta departs Manhattan Federal Court after being sentenced in New York

Ex-Goldman director Rajat Gupta fails to void conviction

15/07/2014(0)
Former Goldman Sachs Group Inc director Rajat Gupta, serving a two-year prison term, has failed to persuade a federal appeals court to overturn his insider trading conviction. In a ... Read More
citi-group1

Citigroup Said Poised to End Mortgage Probe With $7 Billion Deal

14/07/2014(0)
Citigroup Inc. (C) and U.S. authorities will announce a $7 billion agreement as soon as today to end probes of the bank’s sales of mortgage-backed bonds, according to a ... Read More
samsung apple case

Samsung suspends China supplier over child labor

14/07/2014(0)
Samsung Electronics Co. said it has suspended business ties with a Chinese supplier that allegedly hired children. The South Korean company, which is the world’s biggest smartphone maker, said ... Read More
Canary Wharf business district in London

U.S. prosecutors offer junior UK traders immunity in forex probe

14/07/2014(0)
Prosecutors from the U.S. Department of Justice are offering immunity deals to junior traders in London as they continue to investigate the alleged rigging of foreign exchange rates by ... Read More
law

Society warns against emergency data legislation

11/07/2014(0)
Emergency surveillance legislation being rushed through parliament next week could end up being used for purposes beyond which it is intended, the Law Society has warned. The warning comes ... Read More
PwC-building

PwC must face $1 billion lawsuit over MF Global collapse

11/07/2014(0)
A federal judge on Wednesday rejected PricewaterhouseCoopers’ request to dismiss a $1 billion lawsuit accusing the auditor of providing bad accounting advice that contributed to the October 2011 collapse ... Read More
Broker Cyprus TopFX